Property Details
10002 10004 Barnes Lane S
Tacoma, WA 98444
$595,000
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Property Overview
Quality Duplex with Upside potential to build another unit! Income producing duplex with recent upgrades and an extra large lot. New roof and underlayment in March 2026. Unit 10002 has 3 bedrooms, 1 bath Jack-n-Jill style, 1 car garage, sporting all new windows April 2026. Unit 10004; 2 bedrooms, 1 bath, 1 car garage, remodeled in 2022, new carpet, paint, fixtures. Fenced front and back yards. This odd shaped parcel (see West Side of the lot, aprox. 52×114') may allow for a 3rd Unit/Townhouse style or additional garage space, or potential split-off and sell to a neighbor. Located behind fenced yard of unit 10002, overgrown with bushes. There are newer homes to the North and new homes being built on East side. Great upcoming neighborhood. Connected to sewer. Viewing – Preapproval letter or Evidence of Funds prior to showing appointment. 72 hour Business Day notice required thru Property Management. Tenant occupied. Kindly do not disturb. Buyer to verify all information to their own satisfaction.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Pierce
Neighborhood
Tacoma
Listed
Apr 17, 2026
Financial Summary
Cap Rate
4.37%
Net Operating Income
$26,017
Gross Scheduled Income
$38,792
Gross Rent Multiplier
15.44
Total Expenses
$12,775
Building & Use
Building Sq Ft
1,690
Leasable Area
1,690 sqft
Total Units
2
Zoning
Multi-Family,Residential
Possible Use
Multi-Family, Residential
Lot Size
19,166 sqft
Year Built
1987
Exterior & Lot
Lot Size
0.44 sqft
Year Built
1987
Garage
2 spaces
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Paved
Exterior Features
Wood Products
Location
City
Tacoma
County
Pierce
Coordinates
47.16642, -122.44609
Additional Information
Tax Year
2025
Annual Taxes
$4,972
Possession
Array
