Property Details
1852 116th Street S
Tacoma, WA 98444
$529,950
Pending
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Property Overview
Don't miss this well maintained duplex. Beautiful remodel on Unit #1852, updated with Granite countertops on white shaker style cabinets, new paint with white painted millwork & LVT flooring. Plenty of parking on a shy 1/2 acre lot. Units have been freshly painted and roof was installed in 2022. Each unit has 2 bedrooms, 1 bath, washer & dryer hookups and a garage. Big, spacious, fully fenced backyards, and convenient location, close to 512, Pacific Lutheran University Campus, restaurants, shopping and JBLM. Live in one side rent the other.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Pending
County
Pierce
Neighborhood
Tacoma
Listed
Apr 7, 2026
Financial Summary
Cap Rate
5.74%
Net Operating Income
$30,448
Gross Scheduled Income
$37,380
Gross Rent Multiplier
14.00
Total Expenses
$6,932
Building & Use
Building Sq Ft
1,720
Leasable Area
1,720 sqft
Total Units
2
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
19,088 sqft
Year Built
1984
Exterior & Lot
Lot Size
0.44 sqft
Year Built
1984
Garage
2 spaces
Exterior Materials
Wood
Sewer
Septic Tank
Water Source
Public
Lot Features
Paved
Exterior Features
Wood
Location
City
Tacoma
County
Pierce
Coordinates
47.15103, -122.46198
Additional Information
Tax Year
2025
Annual Taxes
$5,832
Possession
Array
Based on information submitted to the MLS GRID as of April 25, 2026 5:11 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.
