Property Details

1410 6th Avenue
Tacoma, WA 98405
$625,000
MLS# 2559531 courtesy of NWMLS Listing firm: Redfin

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1410 6th Avenue , Tacoma, WA 98405, Tacoma

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1410 6th Avenue , Tacoma, WA 98405, Tacoma

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Multi-Family
Property Type
1,557
Bldg Sq Ft
2
Units
4.50%
Cap Rate
1900
Year Built

Property Overview

Completely reimagined and rebuilt in 2024, this turnkey duplex offers the rare combination of classic character and modern construction. Taken down to the foundation and studs, nearly every major component has been replaced, providing years of low-maintenance ownership. Extensive improvements include a new roof, windows, siding, insulation, electrical, plumbing, mini-split heating & A/C, LVP flooring, stainless steel appliances, in-unit stackable laundry, and fresh landscaping. Each unit features contemporary finishes, efficient layouts, and independent mini-split HVAC systems. Both the upper and lower units are currently leased at $1,500/month, offering immediate income with room for future rental growth. Ideal for investors or owner-occupants looking to offset their mortgage, this property is minutes from the University of Washington Tacoma, University of Puget Sound, Tacoma Community College, MultiCare and Virginia Mason Franciscan hospitals, downtown Tacoma, shopping, dining, parks, and major commuter routes. With virtually every major system replaced, this is a true turnkey investment in one of Tacoma's most convenient, high-demand rental corridors.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Pierce
Neighborhood Central Tacoma
Listed Jul 24, 2026
Structure Type Duplex
Parcel Number 2006280020

Tax & HOA

Annual Property Tax $4,354 (2026)
Est. Monthly Tax $363/mo

Financial Summary

Cap Rate 4.50%
Net Operating Income $28,425
Gross Scheduled Income $37,800
Gross Rent Multiplier 16.53
Total Expenses $9,375

Building & Use

Building Sq Ft 1,557
Leasable Area 1,557 sqft
Total Units 2
Lot Size 1,189 sqft
Year Built 1900

Exterior & Lot

Lot Size 0.03 sqft
Year Built 1900
Exterior Materials Cement, Wood
Sewer Sewer Connected
Water Source Public
Lot Features Alley, Corner Lot, Curbs, Paved, Sidewalk
Exterior Features Cement/Concrete, Wood

Community & Access

Directions From I-5, take WA-16. Exit onto Sprague Ave. Take a right onto 6th Ave. Property is on the right

Location

City Tacoma
County Pierce
Coordinates 47.25645, -122.45779

Additional Information

Tax Year 2026
Annual Taxes $4,354
Possession Array
Listed By
Justin Richards
Redfin

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