619 S 35th Street Tacoma, WA $ 1,200,000
619 S 35th Street
$ 1,200,000
Recently Listed New Construction
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619 S 35th Street

Tacoma, WA, 98418
$ 1,200,000
Baths0.0 Sq 2,934

Monthly Estimate*

$ 7,389

Listed by Windermere Prof Partners
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Studio

Multi-Family Home for sale in Tacoma, WA

for $1,200,000. This 2,934 square foot home was built in 2026 on a lot size of 0.0836.

This new construction four-plex offers a high-yield investment opportunity featuring a 12-year "land only" tax abatement and a strategic mix of four units designed for maximum rentability and minimal maintenance. Generating $7,380 in monthly rental income with extra low expenses and maintenance, the property consists of two detached 1,018 SF single-family homes and two efficient 449 SF duplex units. The detached homes are thoughtfully crafted for tenant independence, offering a 2-bedroom, 2.5-bathroom layout where each bedroom features an ensuite bath—a design specifically chosen to accommodate housemate arrangements and increase the tenant pool. These units include premium finishes such as quartz countertops, stainless steel appliances with islands, and full-size laundry. Complementing the larger homes are two 1-bedroom, 1-bathroom duplex units that maximize space with full kitchens and in-unit washers and dryers. To ensure long-term durability and low overhead, all units are equipped with ductless mini-split HVAC systems, ERV fresh air systems for superior air quality, and faux wood blinds. Positioned near key arterials, schools, and local amenities, this turnkey property balances sophisticated site design with a robust financial profile.

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Multi-Family Active

Price

$ 1,200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,000

Style

4-Plex

Lot Size

0.0836

Year Built

2026

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2471932

Features
General
Living Area 0
Sewer Sewer Connected
Heating Ductless
Cooling Ductless
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Security Features Partially Fenced
Year Built 2026
View City Partial
Property Subtype Multi Family
Tax Year 2026
County Pierce
Net Operating Income 74332
Insurance Expense 1800
New Construction Y
Property Type Residential Income
HOA N
Energy Efficient Thermal Windows
Subdivision Name Lincoln
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions Use GPS.
City Tacoma
Senior Community Y/N N
High School District Tacoma
Zoning Description Multi-Family
Number Of Units Total 4
MLS Area 54 - South Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 3640
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional FHA
Tax Annual Amount 2000
Electric Expense 0
Fuel Expense 0
Property Condition Very Good
Public Remarks This new construction four-plex offers a high-yield investment opportunity featuring a 12-year land only tax abatement and a strategic mix of four units designed for maximum rentability and minimal
Leasable Area 2934
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities Energy Package Thermal Windows
Water Company TPU
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 6000
Property Style 54 - 4-Plex
Cap Rate 6.2
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Exterior
Exterior Amenities Cement Planked
Lot Features Alley Curbs Paved Sidewalk
Water Source Public
Foundation Details Poured Concrete
Building Area Total 2934
Lot Size Acres 0.0836
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Fenced-Partially High Speed Internet
Parking Uncovered Total 2
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Interior
Flooring Vinyl Plank
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2471932
Street Number 1 619
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* Excluded Features
List By
Ryan D Meacham

Listing Agent

Windermere Prof Partners

Broker

Affordability Calculator

$7,555
Per Month
98%
2%
0%
Monthly Principal & Interest
$7,389
Monthly Property Taxes
$167
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
256639 Elementary School
257487 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/26/2026$1,200,000 Listed Price

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619 S 35th Street, Tacoma, WA, 98418 is a Multi-Family Home for sale at $1,200,000 with 2,934 sqft and a lot size of 0.0836. 619 S 35th Street is a studio with 0.0 baths and was built in 2026. The property's zip code is 98418 which is in Tacoma, WA