MLS #2426630 / Listing provided by NWMLS .
$515,000
1561 1563 S 35th Street
Tacoma,
WA
98418
Sq Ft
Per Sq Ft
Year Built
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.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Parking Total: 6
- Uncovered Parking Spaces: 4
- Open Parking Spaces: 4
Structure
- Roof: Flat
- Exterior Features: Wood
- Foundation: Poured Concrete
Lot Details
- Lot Features: Alley, Corner Lot, Paved, Sidewalk
- Acres: 0.1575
- Foundation: Poured Concrete
Schools
- High School District: Tacoma
- High School: Buyer To Verify
- Middle School: Buyer To Verify
- Elementary School: Buyer To Verify
Lot Details
- Lot Features: Alley, Corner Lot, Paved, Sidewalk
- Acres: 0.1575
- Foundation: Poured Concrete
Power
- Energy Source: Electric
- Power Company: TPU
Water, Sewer, and Garbage
- Sewer Company: Pierce County
- Sewer: Sewer Connected
- Water Company: TPU
- Water Source: Public
- Water, Sewer, and Garbage: 2100

Theresa Lim
Broker | REALTOR®
Send Theresa Lim an email