818 138th Street E Tacoma, WA $ 580,000
818 138th Street E
$ 580,000
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818 138th Street E

Tacoma, WA, 98445
$ 580,000
Bedrooms4 Baths2.0 Sq 2,118

Monthly Estimate*

$ 3,662

Listed by Park 52, Inc.
818 138th Street E, Tacoma, WA 98445 - Image 1
818 138th Street E, Tacoma, WA 98445 - Image 2
818 138th Street E, Tacoma, WA 98445 - Image 3
818 138th Street E, Tacoma, WA 98445 - Image 4
818 138th Street E, Tacoma, WA 98445 - Image 5
818 138th Street E, Tacoma, WA 98445 - Image 6
818 138th Street E, Tacoma, WA 98445 - Image 7
818 138th Street E, Tacoma, WA 98445 - Image 8
818 138th Street E, Tacoma, WA 98445 - Image 9
818 138th Street E, Tacoma, WA 98445 - Image 10
818 138th Street E, Tacoma, WA 98445 - Image 11

Multi-Family Home for sale in Tacoma, WA

for $580,000 with 4 bedrooms and 2 full baths. This 2,118 square foot home was built in 2004 on a lot size of 0.2477.

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.

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Multi-Family Active

Price

$ 580,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,233

Style

Duplex

Lot Size

0.2477

Year Built

2004

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2566430

Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Subject To Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 2
Security Features Partially Fenced
Year Built 2004
Property Subtype Multi Family
Tax Year 2026
County Pierce
Net Operating Income 27672
Insurance Expense 1400
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Parkland
Special Listing Conditions None
Status Active
Directions From Pacific Ave go east on 138th St E to the duplex on your right.
City Tacoma
Senior Community Y/N N
High School District Franklin Pierce
Number Of Units Total 2
MLS Area 68 - Parkland
Lot Size Units Square Feet
Lot Size Square Feet 10792
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Tax Annual Amount 6233
Electric Expense 0
Fuel Expense 0
Property Condition Good
Public Remarks 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 convenienc
Leasable Area 2118
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Water Company Parkland Light & Water
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 2744
Property Style 52 - Duplex
Cap Rate 4.77
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Exterior
Exterior Amenities Metal/Vinyl Wood
Lot Features Paved
Water Source See Remarks
Total Parking 6
Foundation Details Poured Concrete
Building Area Total 2118
Lot Size Acres 0.2477
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features Fenced-Partially
Parking Uncovered Total 4
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Interior
Flooring Vinyl Carpet
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2566430
Street Number 1 818
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* Excluded Features
List By
Carrie Lee Jakeman-Swafford

Listing Agent

Park 52, Inc.

Broker

Affordability Calculator

$4,182
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,662
Monthly Property Taxes
$519
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/12/2026$580,000 Listed Price

Map


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818 138th Street E, Tacoma, WA, 98445 is a Multi-Family Home for sale at $580,000 with 2,118 sqft and a lot size of 0.2477. 818 138th Street E has 4 bedrooms, 2.0 baths, and was built in 2004. The property's zip code is 98445 which is in Tacoma, WA