Property Details

1310 1308 S 8th
Tacoma, WA 98405
$450,000
MLS# 2557914 courtesy of NWMLS Listing firm: Olympic Sotheby's Int'l Realty

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1310 1308 S 8th , Tacoma, WA 98405, Tacoma

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Multi-Family
Property Type
1,540
Bldg Sq Ft
2
Units
5.40%
Cap Rate
1890
Year Built

Property Overview

Investment Opportunity in the Heart of Tacoma! Centrally located duplex offering the perfect opportunity for an owner-occupant or investor. One unit is vacant and move-in ready, while the second unit is tenant occupied, providing immediate rental income. Each 2-bedroom, 1-bath unit has been thoughtfully updated and includes its own washer and dryer. The vacant unit features brand-new flooring, new cabinetry, new countertops, and a newer washer and dryer, making it ready for its next owner or tenant. Outside, each unit enjoys its own private fenced yard space, plus ample street parking. A large basement provides excellent storage for owners or tenants. Ideally situated just minutes from Wright Park, the vibrant 6th Avenue District with its restaurants, coffee shops, and local businesses, Tacoma General Hospital and other major medical facilities, and convenient I-5 access for an easy commute. With strong rental appeal in a highly desirable central location, this is a fantastic opportunity to build your investment portfolio or offset your mortgage through owner occupancy.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Pierce
Neighborhood Tacoma
Listed Jul 21, 2026
Structure Type Duplex
Parcel Number 2008260010

Tax & HOA

Annual Property Tax $4,822 (2026)
Est. Monthly Tax $402/mo

Financial Summary

Cap Rate 5.40%
Net Operating Income $24,648
Gross Scheduled Income $31,104
Gross Rent Multiplier 14.47
Total Expenses $6,456

Building & Use

Building Sq Ft 1,540
Leasable Area 1,540 sqft
Total Units 2
Lot Size 2,483 sqft
Year Built 1890

Exterior & Lot

Lot Size 0.06 sqft
Year Built 1890
Exterior Materials Wood
Sewer Sewer Connected
Water Source Public
Lot Features Paved
Exterior Features Wood

Community & Access

Directions From Sprague go East on South 8th St to duplex on Right.

Location

City Tacoma
County Pierce
Coordinates 47.25453, -122.45586

Additional Information

Tax Year 2026
Annual Taxes $4,822
Possession Array
Listed By
Megan Zahringer
Olympic Sotheby's Int'l Realty

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