1561 1563 S 35th St

Tacoma, WA 98418
  • $515,000

    Price
  • 4

    Bed
  • 2

    Bath
  • 1,280

    SqFt

About the Listing 7248 - 100709,95759

Prime investment in this Tacoma duplex! Fully occupied with solid, market-rate tenants and zero vacancies. Net Operating Income $26,620 annually, cap rate 5.17%—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 a high-demand rental market.

Listing Highlights for 1561 1563 S 35th St

Status Active
Days on Site 7
Property Type Multi-Family
MLS ® 2426630
Year Built 1955
Total Square Footage 1,280
Lot/Acreage 0.16
County Pierce
Building Name Sawyers E L
Neighborhood Lincoln
School District Tacoma

Interior Details

  • Bedrooms: 4
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces: 0
  • Floor: Ceramic Tile,Laminate
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: TPU

Exterior Details

  • Lot Description: Alley,Corner Lot,Paved,Sidewalk,Fenced-Fully,Patio,Zoning: Multi-Family
  • Garage Capacity: N/A
  • Parking Spaces: 6
  • Zoning: Multi-Family
  • Roof: Flat
  • Others: Wood
  • Sewer: Pierce County

Financial Details

  • Tax Amount: $5,424
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 7415000590
  • Tax Year: 2025

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1561 1563 S 35th St Tacoma, WA 98418

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Originating MLS: nwmls

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