1561 1563 S 35th Street, Tacoma, WA 98418 (MLS # 2426630)
Twitter
Facebook
Email
|
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.
| LAST UPDATED | 10/9/2025 | TRACT | Lincoln |
|---|---|---|---|
| YEAR BUILT | 1955 | COMMUNITY | Lincoln |
| COUNTY | Pierce | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Buyer To Verify |
|---|---|
| Jr. High School | Buyer To Verify |
| High School | Buyer To Verify |
| PRICE HISTORY | |
| Prior to Oct 9, '25 | $515,000 |
|---|---|
| Oct 9, '25 - Today | $499,950 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 50 - South Tacoma |
| CONSTRUCTION | Wood Siding |
| HEAT | Electric |
| LOT | 6861 sq ft |
| LOT DESCRIPTION | Alley, Corner Lot, Paved, Sidewalk |
| MLS STATUS | Active |
| STORIES | 1 |
| STYLE | 52 - Duplex |
| SUBDIVISION | Lincoln |
| TAXES | 5424 |
| UTILITIES | Sewer Connected |
| WATER | Public |
| ZONING | Multi-Family |
| SATELLITE VIEW |
| / | |
Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 10/11/25 11:21 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
DMCA Notice
This IDX solution is (c) Diverse Solutions 2025.