912 138th Street E Tacoma, WA $ 549,900
912 138th Street E
$ 549,900
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912 138th Street E

Tacoma, WA, 98445
$ 549,900
Baths0.0 Sq 1,800

Monthly Estimate*

$ 3,386

Listed by Real Broker LLC
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Studio

Multi-Family Home for sale in Tacoma, WA

for $549,900. This 1,800 square foot home was built in 1960 on a lot size of 0.3269.

Well-maintained, turnkey duplex on a generous 14,238 SF lot, offering a projected 6.75% cap rate at market rents. Each spacious 2-bedroom, 1-bath unit offers approximately 900 SF and features an attached garage, private fenced backyard, and in-unit laundry. Pride of ownership is evident throughout with a brick exterior, mature landscaping, excellent curb appeal, newer roof, newer windows, recently upgraded electrical panels, and fresh interior paint and flooring. Both units were intentionally left vacant following recent long-term tenant turnover, providing easy showing access and a rare opportunity for owner-occupant buyers looking to offset their mortgage with rental income, or investors seeking immediate lease-up at current market rents. Located in unincorporated Pierce County, offering investors an alternative to properties within Tacoma city limits and not subject to Tacoma's Rental Housing Code. Conveniently located near JBLM, PLU, shopping, schools, and major commuter routes.

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Multi-Family Active

Price

$ 549,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,622

Style

Duplex

Lot Size

0.3269

Year Built

1960

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2540529

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 2
Security Features Fully Fenced
Year Built 1960
View Territorial
Property Subtype Multi Family
Tax Year 2026
County Pierce
Net Operating Income 35890
Insurance Expense 1000
New Construction N
Property Type Residential Income
HOA N
Energy Efficient Thermal Windows
Subdivision Name Brookdale
Possible Use Residential
Special Listing Conditions None
Status Active
Directions Take Pacific Ave S south to 138th St E. Head east on 138th St E to property on left.
City Tacoma
Senior Community Y/N N
High School District Franklin Pierce
Zoning Description Residential
Number Of Units Total 2
MLS Area 67 - Parkland
Lot Size Units Square Feet
Lot Size Square Feet 14238
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional VA Loan
Tax Annual Amount 5622
Electric Expense 0
Fuel Expense 0
Public Remarks Well-maintained turnkey duplex on a generous 14 238 SF lot offering a projected 6.75% cap rate at market rents. Each spacious 2-bedroom 1-bath unit offers approximately 900 SF and features an attache
Leasable Area 2328
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Amenities Thermal Windows
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 3300
Property Style 52 - Duplex
Cap Rate 6.75
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Exterior
Exterior Amenities Brick Wood
Water Source Public
Total Parking 6
Foundation Details Poured Concrete
Building Area Total 1800
Lot Size Acres 0.3269
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features Fenced-Fully Patio
Parking Uncovered Total 4
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Interior
Flooring Ceramic Tile Engineered Hardwood Carpet
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N N
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 NWM2540529
Street Number 1 912
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* Excluded Features
List By
Charles Burnett

Listing Agent

Real Broker Llc

Broker

Affordability Calculator

$3,854
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,386
Monthly Property Taxes
$469
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
257588 Elementary School
258709 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/18/2026$549,900 Listed Price

Map


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912 138th Street E, Tacoma, WA, 98445 is a Multi-Family Home for sale at $549,900 with 1,800 sqft and a lot size of 0.3269. 912 138th Street E is a studio with 0.0 baths and was built in 1960. The property's zip code is 98445 which is in Tacoma, WA