1310 1308 S 8th, Tacoma, WA 98405

$450,000
1,540
SqFt

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Listing courtesy of Olympic Sotheby's Int'l Realty.

List Price
$450,000
Status
ACTIVE
MLS#
2557914
Days on Market
5
Style
52 - Duplex
Finished SqFt
1,540
Area Total SqFt
1540
Annual Tax Ammount
4822.43
Lot Size (sq ft)
2,483
Sewer
Sewer Connected

Property Description

Investment Opportunity in the Heart of Tacoma! Centrally located duplex offering the perfect opportunity for an owner-occupant or investor. One unit is vacant and move-in ready, while the second unit is tenant occupied, providing immediate rental income. Each 2-bedroom, 1-bath unit has been thoughtfully updated and includes its own washer and dryer. The vacant unit features brand-new flooring, new cabinetry, new countertops, and a newer washer and dryer, making it ready for its next owner or tenant. Outside, each unit enjoys its own private fenced yard space, plus ample street parking. A large basement provides excellent storage for owners or tenants. Ideally situated just minutes from Wright Park, the vibrant 6th Avenue District with its restaurants, coffee shops, and local businesses, Tacoma General Hospital and other major medical facilities, and convenient I-5 access for an easy commute. With strong rental appeal in a highly desirable central location, this is a fantastic opportunity to build your investment portfolio or offset your mortgage through owner occupancy.

Additional Information

List Date
2026-07-21 17:28:14
Community
Tacoma
Net Operating Income
$24,648
Gross Adjusted Income
$31,104
Gross Scheduled Income
$31,104
Total Monthly Income
$2,591
Insurance Expenses
$1,633
Gross Rent Multiplier
14.47
Total Expenses
$6,455
Cap Rate
5.4
Total Number of Units
2
Unit Name
1310 1308
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1890
Roof
Composition
Energy Source
Electric
School District
Tacoma
Total Monthly Income
$2,591
Gross Scheduled Income
$31,104
Gross Adjusted Income
$31,104
Tax Year
2026
Insurance Expense
$1,633
Total Expenses
$6,455
Net Operating Income
$24,648
Gross Rent Multiplier
14.47
Cap Rate
5.4
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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