Property Details
1408 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. 1404 -1406 103rd St E, MLS #2555389. 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
0319035008
Tax & HOA
Annual Property Tax
$6,100 (2026)
Est. Monthly Tax
$508/mo
Financial Summary
Cap Rate
4.32%
Net Operating Income
$26,369
Gross Scheduled Income
$37,272
Gross Rent Multiplier
610,000.00
Total Expenses
$10,903
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
12,197 sqft
Year Built
1989
Exterior & Lot
Lot Size
0.28 sqft
Year Built
1989
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, -122.40995
Additional Information
Tax Year
2026
Annual Taxes
$6,100
Possession
Array
Based on information submitted to the MLS GRID as of July 29, 2026 2:21 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
