WA > Tacoma > Lincoln
Tacoma, WA 98418,1561 1563 S 35th ST
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Tacoma, WA 98418,1561 1563 S 35th ST
Tacoma, WA 98418,1561 1563 S 35th ST
Tacoma, WA 98418,1561 1563 S 35th ST
Tacoma, WA 98418,1561 1563 S 35th ST
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John Casserd

John Casserd

+1(206) 999-8484
Listed by 1 Percent Lists Tacoma Rachel Veary 
$ 450,000
Est. payment /mo
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Active

1561 1563 S 35th ST Tacoma, WA 98418

4 Beds

2 Baths

1,281 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,281 sqft

Price per Sqft $351

Subdivision Lincoln

MLS Listing ID 2426630

Style 52 - Duplex

Bedrooms 4

Year Built 1955

Annual Tax Amount $5,424

Lot Size 6,860 Sqft

Property Sub-Type Multi Family

Property Description

Cash-flowing duplex in the heart of Tacoma — now offered with one-year home warranty for buyer peace of mind! Each 640 SF unit is single-level with in-unit laundry, separate utility meters & one garage space. Updates include laminate flooring, granite counters, cabinetry, appliances, paint & doors. Fully fenced yard w/ shared covered patio & apple tree that produces generously. Prime location w/ easy access to I-5, grocery, schools, parks & transit, walkable to coffee & restaurants. Fully occupied with market-rate tenants & zero vacancies. Net Operating Income $26,620 annually with a 5.92% cap rate—true plug-and-play. Tenants love living here & want to stay—rare chance to secure a stable, cash-flowing property in high-demand rental market.

Location

State WA

County Pierce

Area 50 - South Tacoma

Interior

Flooring Ceramic Tile, Laminate

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available Fenced-Fully, Patio

View Y/N No

Roof Type Flat

Building

Lot Description Alley, Corner Lot, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Tacoma

Others

Senior Community No

Acceptable Financing Cash Out, Conventional, FHA, VA Loan

Listing Terms Cash Out, Conventional, FHA, VA Loan

Virtual Tour https://drive.google.com/file/d/1F7dT_isD18nGaDj_ri1wC5wG-xqpv0-5/view?usp=sharing

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
John Casserd

John Casserd

Broker

+1(206) 999-8484

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1561 1563 S 35th ST

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