818 138th Street E, Tacoma, WA 98445-2706
Listed by Carrie Lee Jakeman-Swafford, Park 52, Inc.
$580,000
$274 per sq ft
818 138th Street E, Tacoma, WA 98445-2706
Tacoma, WA, 98445
- Sq ft
- 2,118
- Built
- 2004
- Parking
- 6 spaces
Tour this home
Jeff Reynolds · Managing Broker, Compass
Start with a focused 15-minute call, then tour with a clear due-diligence plan.
- 2,118
- Square feet
- $274
- Per sq ft
- Multi Family
- Type
- 2004
- Year built
- 10,792 sq ft
- Lot
- 0
- Days on market
About this property
Don't miss this fantastic investment opportunity! Ideally located just minutes from shopping, Spanaway Park, I-5, SR-512, and JBLM, this well-maintained duplex offers the perfect combination of convenience and income potential.Whether you're expanding your investment portfolio or looking for an owner-occupied property with rental income, this duplex checks all the boxes. Both units are occupied by reliable long-term tenants, providing immediate, consistent rental income.Each unit features a bright, open-concept floor plan with vaulted ceilings, skylights, and a cozy gas fireplace and furnace (new in 816) that creates a warm and inviting living space. A private one-car garage for each unit adds everyday convenience and enhances tenant appeal.With a strong rental history, desirable layout, and prime location near major commuter routes and local amenities, this is an outstanding opportunity you won't want to miss.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2566430
- Listed
- August 12, 2026
- Days on market
- 0
- Price per sq ft
- $274
Unit & building
- Stories in building
- 1
- Units in building
- 2
Parking
- Covered spaces
- 2
- Total spaces
- 6
Construction
- Year built
- 2004
- Style
- 52 - Duplex
- Structure
- Duplex
- Roof
- Composition
Heating & cooling
- Heating
- Forced Air
- Cooling
- None
- Energy source
- Natural Gas
Flooring
- Flooring
- VinylCarpet
Lot
- Lot features
- Paved
- Lot size
- 10,792 sq ft
Terms
- Terms offered
- CashConventionalFHAVA Loan
Utilities
- Water
- Parkland Light & Water
- Sewer
- Pierce County Sewer
- Power
- Elmhurst
Schools
- District
- Franklin Pierce
Listing history
Listed
$580,000
August 12, 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
$3,378
- Principal & interest
- $2,933
- Property tax (est.)
- $445
Assumes $116,000 down (20%), a $464,000 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
$499,000
709 S M Street #A & B
Tacoma, WA
$475,000
709 S M Street #A & B
Tacoma, WA
$432,000
811 S 88th Street
Tacoma, WA
$739,995
13739 14th Ave Court E #132
Tacoma, WA
$645,999
949 S Ridgewood Avenue
Tacoma, WA
$750,000
317 66th Avenue NE
Tacoma, WA
Based on information submitted to the MLS GRID as of August 12, 2026 at 3:30 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.