$549,900
912 138th Street E, Tacoma, WA 98445
1,800 Sq Ft

MLS #2540529 / Listing provided by NWMLS & Real Broker LLC.

$549,900

912 138th Street E
Tacoma, WA 98445

Active 1 day ago
1,800
Sq Ft
$306
Per Sq Ft
1960
Year Built

Well-maintained, turnkey duplex on a generous 14,238 SF lot, offering a projected 6.75% cap rate at market rents. Each spacious 2-bedroom, 1-bath unit offers approximately 900 SF and features an attached garage, private fenced backyard, and in-unit laundry. Pride of ownership is evident throughout with a brick exterior, mature landscaping, excellent curb appeal, newer roof, newer windows, recently upgraded electrical panels, and fresh interior paint and flooring. Both units were intentionally left vacant following recent long-term tenant turnover, providing easy showing access and a rare opportunity for owner-occupant buyers looking to offset their mortgage with rental income, or investors seeking immediate lease-up at current market rents. Located in unincorporated Pierce County, offering investors an alternative to properties within Tacoma city limits and not subject to Tacoma's Rental Housing Code. Conveniently located near JBLM, PLU, shopping, schools, and major commuter routes.

Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.

Interior Features

Bedrooms

  • Upper Level Bedrooms: 0

Fireplaces

  • Total Fireplaces: 0

Heating & Cooling

  • Heating: Yes
  • Cooling: No
Exterior Features

Parking

  • Garage Spaces: 2
  • Parking Total: 6
  • Total Uncovered Parking Spaces: 4

Structure

  • Roof: Composition
  • Exterior Features: Brick, Wood
  • Foundation: Poured Concrete

Lot Details

  • Acres: 0.3269
  • Foundation: Poured Concrete
Area Features

Schools

  • High School District: Franklin Pierce

Lot Details

  • Acres: 0.3269
  • Foundation: Poured Concrete
Utilities

Power

  • Energy Source: Electric

Water, Sewer, and Garbage

  • Sewer: Sewer Connected
  • Water Source: Public
  • Water, Sewer, and Garbage: 3300
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