WA > Tacoma > Lincoln
Tacoma, WA 98418,1561 1563 S 35th ST
Tacoma, WA 98418,1561 1563 S 35th ST
Tacoma, WA 98418,1561 1563 S 35th ST
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Deanne Minkoff

Deanne Minkoff

+1(360) 219-5857
Listed by 1 Percent Lists Tacoma
$515,000
Est. payment /mo
4 Beds
2 Baths
1,281 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,281 sqft

Price per Sqft $402

Subdivision Lincoln

MLS Listing ID 2426630

Style 52 - Duplex

Bedrooms 4

Year Built 1955

Annual Tax Amount $5,424

Lot Size 6,860 Sqft

Property Sub-Type Multi Family

Property Description

Prime investment in this Tacoma duplex! Fully occupied with solid, market-rate tenants and zero vacancies. Net Operating Income $26,620 annually, cap rate 5.17%—a true plug-and-play investment. Each 640 sf unit is single-level w/ in-unit laundry, separate utility meters, one garage space. Consistent updates include laminate flooring, granite counters, cabinetry, appliances, paint, and doors. Enjoy fully fenced yard w/shared covered patio & an apple tree producing more apples than you'll know what to do with! Located in Tacoma w/easy access to I-5, grocery, schools, parks, and transit—plus walkable to coffee, restaurants. Tenants love living here and want to stay—rare chance for stable, cash-flowing property in a high-demand rental market.

Location

State WA

County Pierce

Area 50 - South Tacoma

Interior

Flooring Ceramic Tile, Laminate

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available Fenced-Fully, Patio

View Y/N No

Roof Type Flat

Building

Lot Description Alley, Corner Lot, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Tacoma

Others

Senior Community No

Acceptable Financing Cash Out, Conventional, FHA, VA Loan

Listing Terms Cash Out, Conventional, FHA, VA Loan

Virtual Tour https://vimeo.com/1119246637/a060b48163?share=copy

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Northwest MLS (NWMLS)
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