912 138th Street E, Tacoma, WA 98445

Tacoma
Local realty services provided by:Better Homes and Gardens Real Estate McKenzie Realty
Listed by: charles burnett
Office: real broker llc.
MLS#:2540529
Source:NWMLS
912 138th Street E,Tacoma, WA 98445
$549,900
  • - Beds
  • - Baths
  • 1,800 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$549,900
  • Price per sq. ft.:$305.5

About this home

Well-maintained, turnkey duplex on a generous 14,238 SF lot, offering a projected 6.75% cap rate at market rents. Each spacious 2-bedroom, 1-bath unit offers approximately 900 SF and features an attached garage, private fenced backyard, and in-unit laundry. Pride of ownership is evident throughout with a brick exterior, mature landscaping, excellent curb appeal, newer roof, newer windows, recently upgraded electrical panels, and fresh interior paint and flooring. Both units were intentionally left vacant following recent long-term tenant turnover, providing easy showing access and a rare opportunity for owner-occupant buyers looking to offset their mortgage with rental income, or investors seeking immediate lease-up at current market rents. Located in unincorporated Pierce County, offering investors an alternative to properties within Tacoma city limits and not subject to Tacoma's Rental Housing Code. Conveniently located near JBLM, PLU, shopping, schools, and major commuter routes.

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Home facts

  • Year built:1960
  • Listing ID #:2540529
  • Updated:June 29, 2026 at 10:43 AM

Rooms and interior

  • Flooring:Carpet, Ceramic Tile Floor, Engineered Hardwood
  • Living area:1,800 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1960
  • Building area:1,800 sq. ft.
  • Lot area:0.33 Acres
  • Construction Materials:Brick Exterior Finish, Wood Exterior Finish
  • Exterior Features:Fenced-Fully, Patio

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$549,900
  • Price per sq. ft.:$305.5
  • Tax amount:$5,622 (2026)

Parking

  • Total parking spaces:6
  • Garage:Yes
  • Garage spaces:2
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