About this property

Positioned in the heart of South Tacoma, this well-maintained duplex presents a compelling investment and value-add opportunity in a strong rental market. Ideal for investors seeking stable cash flow, tenant flexibility, or owner-occupants looking to offset housing expenses with supplemental income. The property has benefited from numerous recent capital improvements including a newer roof (approximately 8 years old), exterior paint, updated windows, exterior doors, new flooring throughout, interior paint, All New Crawl space insulation and Vapor Barrier and newer hot water tanks. These upgrades help minimize near-term maintenance costs while enhancing tenant appeal. Potential for a third unit, acccess with door on east side of building. The property offers four on-site parking spaces, including two covered spaces with convenient paved alley access. The east unit features a wrap-around deck with territorial and mountain views, while the west unit includes a private fenced yard, providing desirable outdoor amenities for tenants or owner occupancy. Centrally located with convenient access to major commuter trains, retail, and employment centers, this duplex offers strong long-term upside potential for both income growth and future appreciation. Rents are pro forma based on current market trends.