29 Nevada, Tacoma, WA 98409

$450,000
1,300
SqFt

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Listing courtesy of Person Real Estate Group LLC.

List Price
$450,000
Status
ACTIVE
MLS#
2518486
Days on Market
79
Style
52 - Duplex
Building Condition
Fair
Finished SqFt
1,300
Area Total SqFt
1300
Annual Tax Ammount
4227.98
Lot Size (sq ft)
5,850
Sewer
Sewer Connected
Offer Review Date
2026-05-15

Property Description

Excellent investment opportunity! Duplex located just north of mall close to all amenities and potential tenants. Both sides are now vacant so this would good time for owner occupied or investor to do a little refresh. One bedroom and one bath each side and both have been updated and have a decent sized yard for other things. Depending on how you want to layout the yard, there is plenty of room for off street parking (some in place).Check it out!

Additional Information

List Date
2026-05-08 17:30:00
Community
Tacoma Mall
Net Operating Income
$32,221
Gross Adjusted Income
$37,620
Gross Scheduled Income
$39,600
Total Monthly Income
$3,300
Insurance Expenses
$1,171
Gross Rent Multiplier
11.36
Total Expenses
$5,398
Cap Rate
7.3
Vacancy Rate
5
Total Number of Units
2
Unit Name
29
Potential Terms
Cash, Conventional
Year Built
1943
Roof
Composition
Site Features
Cable TV, Fenced-Partially
Energy Source
Electric
School District
Tacoma
Elementary School
Buyer To Verify
Total Monthly Income
$3,300
Gross Scheduled Income
$39,600
Vacancy Rate
5
Gross Adjusted Income
$37,620
Tax Year
2025
Insurance Expense
$1,171
Total Expenses
$5,398
Net Operating Income
$32,221
Gross Rent Multiplier
11.36
Cap Rate
7.3
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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