Property Details
1310 1308 S 8th
Tacoma, WA 98405
$450,000
Active
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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
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