Turnkey investment opportunity featuring two homes on one lot in the heart of Tacoma. The property includes a 3-bedroom, 1-bath main residence (1,284 sq ft) and a detached 2-bedroom, 1-bath ADU (640 sq ft) with alley access. Both units are leased through February 28, 2027, producing $4,150 per month ($49,800 annually) in scheduled rental income. The main home features an open kitchen with dining area, wood-burning fireplace, finished attic, and fully fenced yard. The detached ADU offers updated finishes, a full kitchen, living room, in-unit laundry, and private access. Conveniently located near shopping, dining, schools, transit, and I-5. An excellent opportunity to acquire a stabilized income-producing property with future flexibility when the current leases expire.
| MLS # | 2557670 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 63 |
| Listing Provided By | eXp Realty | Nicholas Zaharevich |
| SQ Feet | 1,924 |
|---|---|
| Story(s) | 2 |
| Units | 2 |
| Acreage | 0.15 |
| Property | 4731 |
|---|
| State | WA |
|---|---|
| County | Pierce |
| City | Tacoma |
| Zip Code | 98409 |
| Area | 47 South Tacoma |
| Community Name | South Tacoma |
| School District | Buyer To Verify |
| Elementary School | Buyer To Verify |
| High School | Buyer To Verify |
| Listing VS Median (in South Tacoma) | |
Price: $565,000 low | high Med: $429,900 sqft: 1,924 low | high Med: 1,442 $ / sqft: $294 low | high Med: $298 On site: 63 low | high Med: 42 | |
| State | WA |
|---|---|
| County | Pierce |
| City | Tacoma |
| Zip Code | 98409 |
| Area | 47 South Tacoma |
| Community Name | South Tacoma |
| School District | Buyer To Verify |
| Elementary School | Buyer To Verify |
| High School | Buyer To Verify |
| Listing VS Median (in South Tacoma) | |
Price: $565,000 low | high Med: $429,900 sqft: 1,924 low | high Med: 1,442 $ / sqft: $294 low | high Med: $298 On site: 63 low | high Med: 42 | |