Property Details

409 S 30th Street
Tacoma, WA 98402
$799,950
MLS# 2507125 courtesy of NWMLS Listing firm: Morrison House Sotheby's Intl

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409 S 30th Street , Tacoma, WA 98402, Tacoma

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409 S 30th Street , Tacoma, WA 98402, Tacoma

1 / 37
Multi-Family
Property Type
3,136
Bldg Sq Ft
3
Units
9.00%
Cap Rate
1890
Year Built

Property Overview

2 Houses on 1 Parcel and giving you 3 RENTAL UNITS. [Unit 411A and 411B]White Home in front has 2 UNITS w/ newer roof; pex plumbing, electrical, hardwood, and newer carpeting; and new double pane vinyl windows. UPDATED kitchens w/ stainless appliances. High ceilings and old-world charm create dramatic and easily rented homes. [Unit 409] DETACHED home in the rear w/ alley access offers the opportunity for a well-rounded investment; even multi-generational living. Garage w/ 2 separate stalls and alley access allows for plenty of parking. All units have been easily rented and have never had a problem filling with great residents. GREAT location for commuters and proximate to UW TACOMA, downtown, Tacoma Dome, HJwy 705, I-5, and all area services – north and south. A great place for your investment portfolio with an up-and-coming area.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Pierce
Neighborhood Central Tacoma
Listed Apr 13, 2026

Financial Summary

Cap Rate 9.00%
Net Operating Income $69,270
Gross Scheduled Income $80,400
Gross Rent Multiplier 10.00
Total Expenses $7,110
Vacancy Rate 5.0%

Building & Use

Building Sq Ft 3,136
Leasable Area 3,136 sqft
Total Units 3
Zoning Residential
Possible Use Residential
Lot Size 6,499 sqft
Year Built 1890

Exterior & Lot

Lot Size 0.15 sqft
Year Built 1890
Garage 2 spaces
Exterior Materials Wood
Sewer Sewer Connected
Water Source Private
Lot Features Alley, Paved, Sidewalk
Exterior Features Wood, Wood Products

Location

City Tacoma
County Pierce
Coordinates 47.23404, -122.43805

Additional Information

Tax Year 2025
Annual Taxes $5,610
Possession Array
Listed By
Michael Morrison
Morrison House Sotheby's Intl

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