1408 103rd Street E, Tacoma, WA 98445

$610,000
1,988
SqFt

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Listing courtesy of Keller Williams Realty PS.

List Price
$610,000
Status
ACTIVE
MLS#
2555396
Days on Market
6
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
1,988
Area Total SqFt
1988
Annual Tax Ammount
6099.63
Internet Provider
Comcast
Lot Size (sq ft)
12,196
Sewer
Sewer Connected

Property Description

"Investment Opportunity Awaits" This centrally located Duplex is well maintained and has a great rental history. This 2 Bedroom 1 Bath Duplex, has a one car garage & a fully fenced back yard. They are on one level and sits on quiet street. This seller has another duplex right next door to this one that is available as well. 1404 -1406 103rd St E, MLS #2555389. They also have a Double Wide Mobile Home @ 1402 103rd St E, MLS #2552410. that sits behind the 2 Duplexes. This is a great investment package for 2 duplexes and 1 Double Wide Mobile home for someone that is looking for rentals or to do a 1031 exchange. This a clean package see the additional MLS # to get a clear understanding of what this seller has to offer, or purchase them separately.

Additional Information

List Date
2026-07-20 16:28:13
Community
Midland
Net Operating Income
$26,369
Gross Adjusted Income
$37,272
Gross Scheduled Income
$37,272
Total Monthly Income
$3,106
Insurance Expenses
$1,359
Water/Sewer/Garbage Expenses
$3,443
Gross Rent Multiplier
610000
Total Expenses
$10,902
Cap Rate
4.32
Total Number of Units
2
Unit Name
1408
Potential Terms
Cash, Conventional, FHA, See Remarks, VA Loan
Year Built
1989
View
See Remarks, Territorial
Roof
Composition
Site Features
Cable TV, Fenced-Partially, High Speed Internet, Patio
Energy Source
Electric, See Remarks, Wood
School District
Franklin Pierce
Elementary School
Midland Elem
Middle School
Morris Ford Mid
High School
Franklin-Pierce High
Total Monthly Income
$3,106
Gross Scheduled Income
$37,272
Gross Adjusted Income
$37,272
Tax Year
2026
Insurance Expense
$1,359
W/S/G Expenses
$3,443
Total Expenses
$10,902
Net Operating Income
$26,369
Gross Rent Multiplier
610000
Cap Rate
4.32
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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