Property Details
1404 103rd Street E
Tacoma, WA 98445
$610,000
Active
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Property Overview
"Investment Opportunity Awaits" This centrally located Duplex is well maintained and has a great rental history. This 2 Bedroom 1 Bath Duplex, has a one car garage & a fully fenced back yard. They are on one level and sits on quiet street. This seller has another duplex right next door to this one that is available as well. 1408 – 1410 103rd St E, MLS #2555396. They also have a Double Wide Mobile Home @ 1402 103rd St E, MLS #2552410 that sits behind the 2 Duplexes. This is a great investment package for 2 duplexes and 1 Double Wide Mobile home for someone that is looking for rentals or to do a 1031 exchange. This a clean package see the additional MLS # to get a clear understanding of what this seller has to offer, or purchase them separately.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Pierce
Neighborhood
Midland
Listed
Jul 20, 2026
Structure Type
Duplex
Parcel Number
0319036011
Tax & HOA
Annual Property Tax
$6,016 (2026)
Est. Monthly Tax
$501/mo
Financial Summary
Cap Rate
3.79%
Net Operating Income
$24,129
Gross Scheduled Income
$34,716
Gross Rent Multiplier
610,000.00
Total Expenses
$10,587
Building & Use
Building Sq Ft
1,988
Leasable Area
1,988 sqft
Total Units
2
Zoning
Multi-Family,See Remarks
Possible Use
Multi-Family, See Remarks
Lot Size
12,014 sqft
Year Built
1991
Exterior & Lot
Lot Size
0.28 sqft
Year Built
1991
Garage
1 spaces
Exterior Materials
Brick, Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Paved
Exterior Features
Brick, Wood, Wood Products
Community & Access
Directions
From HWY 512, Take the Portland Ave E Exit, and go North on Portland Ave E, go to 103rd St E Take a Left. The Duplex is down on the left.
Location
City
Tacoma
County
Pierce
Coordinates
47.16327, -122.41024
Additional Information
Tax Year
2026
Annual Taxes
$6,016
Possession
Array
