8823 S Yakima Avenue, Tacoma, WA 98444

$659,950
2,099
SqFt

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Listing courtesy of COMPASS.

List Price
$659,950
Status
ACTIVE
MLS#
2543640
Price Change
▼ $20,000 1783630479
Days on Market
37
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,099
Area Total SqFt
2099
Annual Tax Ammount
5032
Lot Size (sq ft)
7,491
Sewer
Sewer Connected

Property Description

Discover the perfect house-hack or multi-generational living opportunity in Tacoma’s Fern Hill neighborhood. Beautifully remodeled, this home with an attached dwelling living like a duplex, giving you flexible options: live in one unit and rent the other, rent both, or keep loved ones close with separate, private spaces. The front unit features 2 bedrooms, 1 updated bathroom, its own washer/dryer hookups, luxury vinyl plank flooring, modern soft-close white cabinets, quartz counters, tile backsplash, and stainless steel appliances. A large front yard and driveway parking for 2 cars make it feel like its own standalone home. The back unit offers 3 bedrooms and 1 updated bathroom, with large windows that bring in abundant natural light, its own laundry hookups, and parking for up to 3 cars in the back area. The entire property is fully fenced with thoughtfully separated yard spaces for the front and back, ideal for pets, play, gardening, and outdoor entertaining while preserving privacy for each household. With a newer roof, siding, gutters, and furnace, much of the heavy lifting is already done. All of this is centrally located just minutes from Fern Hill’s local shops, restaurants, parks, grocery options, and convenient commuter routes, making it highly attractive to both future tenants and owner-occupants alike.

Additional Information

List Date
2026-06-19 15:58:11
Community
Fern Hill
Net Operating Income
$44,708
Gross Scheduled Income
$51,240
Total Monthly Income
$4,270
Insurance Expenses
$1,500
Total Expenses
$6,532
Cap Rate
6.6
Vacancy Rate
6
Total Number of Units
2
Unit Name
8823
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1940
View
Territorial
Roof
Composition
Site Features
Fenced-Fully
Energy Source
Electric
School District
Tacoma
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$4,270
Gross Scheduled Income
$51,240
Vacancy Rate
6
Tax Year
2025
Insurance Expense
$1,500
Total Expenses
$6,532
Net Operating Income
$44,708
Cap Rate
6.6
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.
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