Property Details
3116 3118 N 8th Street
Tacoma, WA 98406
$718,000
Pending Inspection
Schedule a Showing
Select your date preference
Request More Info
1 / 27
Property Overview
Investors & House-Hackers take note of this excellent three-unit property (duplex plus DADU), just blocks from University of Puget Sound, 6th Avenue and Proctor district! The main floor unit was recently renovated (2025) and offers 2 bedrooms/1 bathroom fresh interior paint, refreshed kitchen with new appliances, new flooring, upgraded bathroom and in-unit W/D. Upstairs unit offers a new furnace, mini-split in kitchen, new stackable W/D and lots of storage and character! Charming detached ADU offers privacy with nicely sized rooms, walk-in closet, gas furnace & in-unit W/D. All units rented by paying tenants. Showings after mutual acceptance, please be respectful and DND the tenants. Get your offer in and add this cash flowing property to your rental portfolio!
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Pending Inspection
County
Pierce
Neighborhood
Ups
Listed
Feb 5, 2026
Original Price
$740,000
Financial Summary
Cap Rate
6.17%
Net Operating Income
$45,632
Gross Scheduled Income
$64,440
Gross Rent Multiplier
12.00
Total Expenses
$15,586
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
2,338
Leasable Area
2,338 sqft
Total Units
3
Lot Size
5,998 sqft
Year Built
1906
Exterior & Lot
Lot Size
0.14 sqft
Year Built
1906
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Alley, Curbs, Paved, Sidewalk
Exterior Features
Wood
Location
City
Tacoma
County
Pierce
Coordinates
47.25678, -122.47721
Additional Information
Tax Year
2025
Annual Taxes
$7,426
Possession
Array
Based on information submitted to the MLS GRID as of April 30, 2026 7:00 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.
