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JRJeff ReynoldsCompass · Seattle

404 S Division Lane, Tacoma, WA 98418

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Active

Listed by Timothy Alan Kemp, WA Move Real Estate LLC

Active0 days on market

$550,000

$368 per sq ft

404 S Division Lane, Tacoma, WA 98418

Tacoma, WA, 98418

Sq ft
1,495
Built
1963
Ask Jeff

Tour this home

Jeff Reynolds · Managing Broker, Compass

Start with a focused 15-minute call, then tour with a clear due-diligence plan.

1,495
Square feet
$368
Per sq ft
Multi Family
Type
1963
Year built
5,152 sq ft
Lot
0
Days on market

About this property

Turn-key investment opportunity! This incredible duplex features two freshly remodeled and updated units, currently tenant-occupied and generating immediate rental income. Ideally located with quick access to Pacific Avenue and I-5, this property is surrounded by a strong lineup of neighborhood-serving shops and restaurants. The immediate area boasts institutional landmarks like Lincoln High and offers practical everyday access to local parks, schools, and convenient transit connections. Perfect for an investor looking for a stabilized asset in a high-convenience location!

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2556271
Listed
July 22, 2026
Days on market
0
Price per sq ft
$368

Unit & building

Building
CEDARLAWN
Stories in building
1
Units in building
2

Views

View
Territorial

Construction

Year built
1963
Style
52 - Duplex
Structure
Duplex
Roof
Composition

Heating & cooling

Heating
Wall Furnace
Cooling
None
Energy source
Electric

Flooring

Flooring
Vinyl

Lot

Lot features
Paved
Lot size
5,152 sq ft

Terms

Terms offered
CashConventionalVA Loan

Utilities

Water
Tacoma Public Utilities
Sewer
Tacoma Public Utilities
Power
Tacoma Power

Schools

District
Tacoma

Listing history

  1. Listed

    $550,000

    July 22, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$3,203

Principal & interest
$2,781
Property tax (est.)
$422

Assumes $110,000 down (20%), a $440,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 22, 2026 at 2:01 PM PDT. 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.