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(206) 475-0254
Real Estate Company
1614 -1616 115th Street S, Tacoma, WA 98444
- $630,000
- 1,872
- SqFt
Listing Broker: Windermere Prof Partners; Andy Smith; 425-971-9381; andysmith@windermere.com
- List Price
- $630,000
- Status
- ACTIVE
- MLS#
- 2581528
- Price Change
- ▼ $5,000 1791438384
- Days on Market
- 0
- Style
- 52 - Duplex
- Building Condition
- Updated/Remodeled
- Finished SqFt
- 1,872
- Area Total SqFt
- 1872
- Annual Tax Ammount
- 6626
- Lot Size (sq ft)
- 15,000
- Sewer
- Sewer Connected
Property Description
Turnkey duplex opportunity in the Parkland/JBLM area. Each single-level unit offers 936 sq. ft. with 2 bedrooms, 1 full bath, and an attached 1-car garage. Open floor plans feature vaulted living room ceilings and updated kitchens with quartz countertops, cabinets, appliances, and backsplash. Additional updates include interior paint, roofing, and more.Each unit has a fully fenced backyard with a deck off the kitchen. Large lot with additional parking for a boat or RV. Buyer to verify potential DADU development with Pierce County Building Department. Located on a dead-end street with convenient access to shopping, I-5, major roadways, and JBLM. Great option for an investor or owner-occupant.
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Additional Information
- List Date
- 2026-10-09 00:12:12
- Community
- Parkland
- Net Operating Income
- $41,974
- Gross Adjusted Income
- $51,300
- Gross Scheduled Income
- $54,000
- Total Monthly Income
- $4,500
- Insurance Expenses
- $1,500
- Water/Sewer/Garbage Expenses
- $1,200
- Gross Rent Multiplier
- 11.76
- Total Expenses
- $9,326
- Cap Rate
- 6.6
- Vacancy Rate
- 5
- Total Number of Units
- 2
- Unit Name
- 1614 -1616
- Potential Terms
- Assumable, Conventional, FHA, VA Loan
- Year Built
- 1989
- Roof
- Composition
- Site Features
- Deck, Fenced-Partially, RV Parking
- Energy Source
- Electric
- School District
- Franklin Pierce
- Elementary School
- James Sales Elem
- Middle School
- Perry G Keithley Mid
- High School
- Wash High
- Total Monthly Income
- $4,500
- Gross Scheduled Income
- $54,000
- Vacancy Rate
- 5
- Gross Adjusted Income
- $51,300
- Tax Year
- 2026
- Insurance Expense
- $1,500
- W/S/G Expenses
- $1,200
- Total Expenses
- $9,326
- Net Operating Income
- $41,974
- Gross Rent Multiplier
- 11.76
- Cap Rate
- 6.6
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.