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1561 S 35th Street, Tacoma, WA 98418

Local realty services provided by:CENTURY 21 Tri-Cities
Listed by: rachel veary, chad nolan
Office: 1 percent lists tacoma
MLS#:2426630
Source:NWMLS
1561 S 35th Street,Tacoma, WA 98418
$450,000
Virtual Tour
  • - Beds
  • - Baths
  • 1,281 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$450,000
  • Price per sq. ft.:$351.29

About this home

Cash-flowing duplex in the heart of Tacoma — now offered with one-year home warranty for buyer peace of mind! Each 640 SF unit is single-level with in-unit laundry, separate utility meters & one garage space. Updates include laminate flooring, granite counters, cabinetry, appliances, paint & doors. Fully fenced yard w/ shared covered patio & apple tree that produces generously. Prime location w/ easy access to I-5, grocery, schools, parks & transit, walkable to coffee & restaurants. Fully occupied with market-rate tenants & zero vacancies. Net Operating Income $26,620 annually with a 5.92% cap rate—true plug-and-play. Tenants love living here & want to stay—rare chance to secure a stable, cash-flowing property in high-demand rental market.

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Home facts

  • Year built:1955
  • Listing ID #:2426630
  • Updated:January 28, 2026 at 05:54 PM

Rooms and interior

  • Living area:1,281 sq. ft.

Heating and cooling

  • Heating:Wall Unit(s)

Structure and exterior

  • Roof:Flat Roof
  • Year built:1955
  • Building area:1,281 sq. ft.
  • Lot area:0.16 Acres

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$450,000
  • Price per sq. ft.:$351.29
  • Tax amount:$5,424 (2025)
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of January 28, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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