Property Details
1651 S 35th Street
Tacoma, WA 98418
$569,000
Active
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Property Overview
Well maintained property in a great location on a large corner lot. Property offers carport parking for 3 units along with off-street parking and storage. Tenants have use of 952sqft in the basement for storage and/or projects. Coin-op washer and dryer is located in the utility room. Units have been updated. Cap Rate is 5%. Drive-by Only. Do not disturb tenants. Buyer to verify information. Seller to review offers upon receipt and interior viewing within 3 days of mutual acceptance.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Pierce
Neighborhood
Lincoln
Listed
Feb 28, 2026
Financial Summary
Cap Rate
5.00%
Net Operating Income
$36,615
Gross Scheduled Income
$42,684
Total Expenses
$14,612
Building & Use
Building Sq Ft
2,112
Leasable Area
2,112 sqft
Total Units
3
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
6,913 sqft
Year Built
1919
Exterior & Lot
Lot Size
0.16 sqft
Year Built
1919
Exterior Materials
Wood
Parking
RV Parking
Sewer
Sewer Connected
Water Source
Public
Lot Features
Curbs, Paved
Exterior Features
Wood Products
Location
City
Tacoma
County
Pierce
Coordinates
47.22838, -122.45732
Additional Information
Tax Year
2025
Annual Taxes
$5,903
Possession
Array
Based on information submitted to the MLS GRID as of May 7, 2026 9:15 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.
