1561 1563 S 35th Street Tacoma, WA 98418
Listing Courtesy of: MLS LogoNorthwest MLS / 1 Percent Lists Tacoma

  1561 1563 S 35th Street Tacoma, WA 98418

Active (43 Days)
$499,950 (USD)

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 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.

MLS #:
2426630
Taxes
$5,424(2025)
Lot Size
6,860 SQFT
Type
Multifamily
Building Name
Sawyers E L
Year Built
1955
Style
Duplex
School District
Tacoma
County
Pierce County
Community
Lincoln

Listed By

Rachel Veary, 1 Percent Lists Tacoma
Source
Northwest MLS as distributed by MLS Grid
Last checked Oct 31 2025 at 9:17 PM GMT+0000
Bathroom Details
Subdivision
  • Lincoln
Lot Information
  • Corner Lot
  • Sidewalk
  • Paved
  • Alley
Property Features
  • Fenced-Fully
  • Patio
  • Fireplace: 0
  • Foundation: Poured Concrete
Heating and Cooling
  • Wall Unit(s)
Flooring
  • Laminate
  • Ceramic Tile
Exterior Features
  • Wood
  • Roof: Flat
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
School Information
  • Elementary School: Buyer to Verify
  • Middle School: Buyer to Verify
  • High School: Buyer to Verify

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Oct 09, 2025
Price Changed
$499,950
-3%
-15,050
Sep 18, 2025
Original Price
$515,000
-
-
Additional Listing Info
  • Buyer Brokerage Compensation: 2.25
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Estimated Monthly Mortgage Payment

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Listing price
Down payment
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Interest rate
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Disclaimer: Based on information submitted to the MLS GRID as of 10/31/25 14:17. All data is obtained from various sources and may not have been verified by Windermere Real Estate Services Company, Inc. 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.