912 138th Street E, Tacoma, WA 98445

$549,900
1,800
SqFt

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Listing courtesy of Real Broker LLC.

List Price
$549,900
Status
PENDING
MLS#
2540529
Days on Market
18
Style
52 - Duplex
Finished SqFt
1,800
Area Total SqFt
1800
Annual Tax Ammount
5622
Lot Size (sq ft)
14,238
Sewer
Sewer Connected

Property Description

Turnkey LEGAL DUPLEX on a large .33-acre lot. Each 2-bedroom, 1-bath unit offers approximately 900 SF with 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, brand new interior & exterior paint, water heaters, upgraded electrical panels, plus a newer roof and windows. 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.

Additional Information

List Date
2026-07-09 04:15:10
Community
Brookdale
Net Operating Income
$35,890
Gross Adjusted Income
$46,812
Gross Scheduled Income
$47,700
Total Monthly Income
$3,975
Insurance Expenses
$1,000
Water/Sewer/Garbage Expenses
$3,300
Gross Rent Multiplier
11.22
Total Expenses
$10,922
Cap Rate
6.75
Vacancy Rate
2
Total Number of Units
2
Unit Name
912
Potential Terms
Cash, Conventional, VA Loan
Year Built
1960
View
Territorial
Roof
Composition
Site Features
Fenced-Fully, Patio
Other Expenses
1000
Energy Source
Electric
School District
Franklin Pierce
Total Monthly Income
$3,975
Gross Scheduled Income
$47,700
Vacancy Rate
2
Gross Adjusted Income
$46,812
Tax Year
2026
Insurance Expense
$1,000
W/S/G Expenses
$3,300
Total Expenses
$10,922
Net Operating Income
$35,890
Gross Rent Multiplier
11.22
Cap Rate
6.75
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.
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