5117 5119 84th Street E, Tacoma, WA 98446

$650,000
1,892
SqFt

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Listing courtesy of Neighborhood Experts Real Est..

List Price
$650,000
Status
ACTIVE
MLS#
2554215
Days on Market
12
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,892
Area Total SqFt
1892
Annual Tax Ammount
6857
Internet Provider
Xfinity
Lot Size (sq ft)
25,700
Sewer
Septic Tank

Property Description

Excellent investment opportunity with this well-maintained duplex featuring two desirable 2-bedroom, 1.5-bath units in a private, convenient location. These thoughtfully designed floor plans are consistently easy to rent, making this an ideal addition to any investment portfolio. One unit is occupied by a long-term tenant, while both units have been well cared for.Each home offers a functional two-story layout with the living areas, kitchen, laundry, and a convenient half bath on the main level, while both bedrooms and a full bathroom are located upstairs. Each unit also includes its own washer and dryer, a covered parking space, and ample storage.Surrounded by mature landscaping that provides a sense of privacy for tenants, this property offers a peaceful setting while remaining close to shopping, dining, schools, and major commuter routes. Whether you're looking to expand your rental portfolio or invest in a property with strong long-term appeal, this duplex is one you won't want to miss.

Additional Information

List Date
2026-07-14 22:43:11
Community
Summit
Net Operating Income
$21,013
Gross Adjusted Income
$35,640
Gross Scheduled Income
$35,640
Total Monthly Income
$2,970
Insurance Expenses
$2,715
Water/Sewer/Garbage Expenses
$2,155
Gross Rent Multiplier
18.24
Total Expenses
$14,627
Cap Rate
3.23
Total Number of Units
2
Unit Name
5117 5119
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1972
Roof
Composition
Other Expenses
2900
Energy Source
Electric
School District
Franklin Pierce
Elementary School
Central Avenue Elem
Middle School
Morris Ford Mid
High School
Franklin-Pierce High
Total Monthly Income
$2,970
Gross Scheduled Income
$35,640
Gross Adjusted Income
$35,640
Tax Year
2025
Insurance Expense
$2,715
W/S/G Expenses
$2,155
Total Expenses
$14,627
Net Operating Income
$21,013
Gross Rent Multiplier
18.24
Cap Rate
3.23
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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