Property Details
29 Nevada
Tacoma, WA 98409
$450,000
Active
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Property Overview
Excellent investment opportunity! Duplex located just north of mall close to all amenities and potential tenants. Both sides are now vacant so this would good time for owner occupied or investor to do a little refresh. One bedroom and one bath each side and both have been updated and have a decent sized yard for other things. Depending on how you want to layout the yard, there is plenty of room for off street parking (some in place).Check it out!
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Pierce
Neighborhood
Tacoma Mall
Listed
May 8, 2026
Financial Summary
Cap Rate
7.30%
Net Operating Income
$32,221
Gross Scheduled Income
$39,600
Gross Rent Multiplier
11.36
Total Expenses
$5,399
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
1,300
Leasable Area
1,300 sqft
Total Units
2
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
5,850 sqft
Year Built
1943
Exterior & Lot
Lot Size
0.13 sqft
Year Built
1943
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Paved
Exterior Features
Wood
Location
City
Tacoma
County
Pierce
Coordinates
47.22733, -122.47260
Additional Information
Tax Year
2025
Annual Taxes
$4,228
Possession
Array
Based on information submitted to the MLS GRID as of May 9, 2026 11:45 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.
