1561 S 35th Street, Tacoma, WA 98418

Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann Realty
Listed by: rachel veary, chad nolan
Office: 1 percent lists tacoma
MLS#:2426630
Source:NWMLS
1561 S 35th Street,Tacoma, WA 98418
$499,950
  • - Beds
  • - Baths
  • 1,281 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$499,950
  • Price per sq. ft.:$390.28

About this home

Cash-flowing Duplex in the Heart of Tacoma! Fully occupied with solid, market-rate tenants and zero vacancies. Net Operating Income $26,620 annually, cap rate 5.32%—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 high-demand rental market.

Contact an agent

contact an agent

Yes, I would like more information from BHGRE®. Please use and/or share my information with an BHGRE affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an BHGRE affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1955
  • Listing ID #:2426630
  • Updated:November 15, 2025 at 01:30 AM

Rooms and interior

  • Living area:1,281 sq. ft.

Heating and cooling

  • Heating:Wall Unit(s)

Structure and exterior

  • Roof:Flat Roof
  • Year built:1955
  • Building area:1,281 sq. ft.
  • Lot area:0.16 Acres

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$499,950
  • Price per sq. ft.:$390.28
  • Tax amount:$5,424 (2025)
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of November 15, 2025. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.

New listings near 1561 S 35th Street