1561 1563 S 35th Street, Tacoma, 98418
MLS® #: 2426630
Active, 42 Days on Market
Listing Office: 1 Percent Lists Tacoma
Last Update: 2025-10-30
0
Garages
42
Dom
1,281
Square feet
0.16
Acres
1955
Built
Cash-flowing Duplex in the Heart of Tacoma! Fully occupied with solid, market-rate tenants and zero vacancies. Net Operating Income $26,620 annually, cap rate 5.32%—a true plug-and-play investment. Each 640 sf unit is single-level w/ in-unit laundry, separate utility meters, one garage space. Consistent updates include laminate flooring, granite counters, cabinetry, appliances, paint, and doors. Enjoy fully fenced yard w/shared covered patio & an apple tree producing more apples than you’ll know what to do with! Located in Tacoma w/easy access to I-5, grocery, schools, parks, and transit—plus walkable to coffee, restaurants. Tenants love living here and want to stay—rare chance for stable, cash-flowing property in high-demand rental market.
Price & Status History
| Date | Details | Change |
|---|---|---|
| Date: | Details: Price Reduced from $515,000 to $499,950 |
Features of 1561 1563 S 35th Street
| MLS® # | 2426630 |
|---|---|
| Price | $499,950 |
| Bathrooms | 0.00 |
| Square Footage | 1,281 |
| Acres | 0.16 |
| Year Built | 1955 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 1561 1563 S 35th Street |
|---|---|
| Area | 50 - South Tacoma |
| Subdivision | Lincoln |
| City | Tacoma |
| County | Pierce |
| State | WA |
| Zip Code | 98418 |
Amenities
| Parking Spaces | 6 |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Wall Unit(s) |
|---|---|
| Cooling | None |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Exterior Features | Wood |
|---|---|
| Lot Description | Alley, Corner Lot, Paved, Sidewalk |
| Foundation | Poured Concrete |
School Information
| District | Tacoma |
|---|---|
| Elementary | Buyer To Verify |
| Middle | Buyer To Verify |
| High | Buyer To Verify |
Additional Information
| Days on Market | 42 |
|---|---|
| Cumulative Days on Market | 42 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Property Taxes | $5,424 |
Listing Details
| Office | 1 Percent Lists Tacoma |
|---|
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