930 138th Street E, Tacoma, WA 98445

$534,900
1,800
SqFt

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Listing courtesy of Real Broker LLC.

List Price
$534,900
Status
PENDING
MLS#
2540511
Days on Market
25
Style
52 - Duplex
Finished SqFt
1,800
Area Total SqFt
1800
Annual Tax Ammount
5894
Lot Size (sq ft)
14,238
Sewer
Sewer Connected

Property Description

Solid turnkey duplex on a large .33-acre corner lot. Each spacious 2-bedroom, 1-bath unit offers approximately 900 SF and features an attached garage, in-unit laundry, and a large fully fenced backyard. Well maintained with strong curb appeal, a newer roof, recently upgraded electrical panels, and fresh paint and flooring in the vacant unit. One unit was 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. The second unit is occupied by a long-term month-to-month tenant paying below-market rent, offering additional value-add potential. 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.

Additional Information

List Date
2026-07-02 04:15:11
Community
Brookdale
Net Operating Income
$36,338
Gross Adjusted Income
$47,082
Gross Scheduled Income
$48,450
Total Monthly Income
$3,250
Insurance Expenses
$1,000
Water/Sewer/Garbage Expenses
$2,850
Gross Rent Multiplier
11
Total Expenses
$10,744
Cap Rate
6.8
Vacancy Rate
3
Total Number of Units
2
Unit Name
930
Potential Terms
Cash, Conventional, VA Loan
Year Built
1960
View
Territorial
Roof
Composition
Site Features
Patio
Other Expenses
1000
Energy Source
Electric
School District
Franklin Pierce
Total Monthly Income
$3,250
Gross Scheduled Income
$48,450
Vacancy Rate
3
Gross Adjusted Income
$47,082
Tax Year
2026
Insurance Expense
$1,000
W/S/G Expenses
$2,850
Total Expenses
$10,744
Net Operating Income
$36,338
Gross Rent Multiplier
11
Cap Rate
6.8
Based on information submitted to the MLS GRID as of . 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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