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1561 1563 S 35th Street

Tacoma, WA 98418
  • $499,950
  • STATUS: Active
  • ID#: 2426630
UPDATED: 33 min ago
$499,950
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,281
    SQFT
  • $390
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1955
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of 1 Percent Lists Tacoma.
Mortgage Calculator is provided by BoomTown.

Description

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 transitplus walkable to coffee, restaurants. Tenants love living here and want to stayrare chance for stable, cash-flowing property in high-demand rental market.

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IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than TRI STAR Team | RE/MAX NW are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-12-06T10:15:11.347. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-12-06T10:15:11.347. 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.
www.tristarteamseattle.com/homes/168062690
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1561 1563 S 35th Street Tacoma, WA 98418

  • Price: $499,950
  • Status: Active
  • On Site: Days
  • Updated: 33 min ago
  • ID#: 2426630
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1,281
SQFT
$390
$/SQFT
1955
Built
Neighborhood:
Lincoln
County:
Pierce
Area:
South Tacoma
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify
School District:
Tacoma
Property Description
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 transitplus walkable to coffee, restaurants. Tenants love living here and want to stayrare chance for stable, cash-flowing property in high-demand rental market.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 2 Exterior Features Wood Lot Features AlleyCorner LotPavedSidewalk Open Parking Spaces 4 Open Parking YN Yes Parking Total 6 Parking Uncovered Spaces 4 Roof Flat Structure Type Duplex Style Code 52 - Duplex View YN No Waterfront YN No

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 1281 Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring Ceramic TileLaminate Heating Wall Unit(s) Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities See RemarksStorage Association Fee 0 Association YN No Building Name Sawyers E L Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventionalFHAVA Loan Lot Number 23-25 Net Operating Income 26620 New Construction YN No Possession Closing Possible Use Multi-Family Power Company TPU Power Production Type Electric Property Sub Type Multi Family Security Features Fully Fenced Senior Community YN No Sewer Sewer Connected Sewer Company Pierce County Site Features Fenced-FullyPatio Special Listing Conditions None Tax Annual Amount 5424 Tax Year 2025 Units In Building Total 2 Water Company TPU Water Source Public Year Built Effective 1993 Zoning Description Multi-Family Zoning Jurisdiction City



IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than TRI STAR Team | RE/MAX NW are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-12-06T10:15:11.347. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-12-06T10:15:11.347. 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.
 
https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_2426630-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_2426630-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_2426630-1.jpg
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TRI STAR Team | RE/MAX NW
300 NE 97th Street
Seattle WA, 98115
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of 1 Percent Lists Tacoma.
Mortgage Calculator is provided by BoomTown.