Property Details

8823 S Yakima Avenue
Tacoma, WA 98444
$679,950
MLS# 2543640 courtesy of NWMLS Listing firm: COMPASS

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8823 S Yakima Avenue , Tacoma, WA 98444, Tacoma

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8823 S Yakima Avenue , Tacoma, WA 98444, Tacoma

1 / 38
Multi-Family
Property Type
2,099
Bldg Sq Ft
2
Units
6.60%
Cap Rate
1940
Year Built

Property Overview

Discover the perfect house-hack or multi-generational living opportunity in Tacoma’s Fern Hill neighborhood. Beautifully remodeled, this home with an attached dwelling living like a duplex, giving you flexible options: live in one unit and rent the other, rent both, or keep loved ones close with separate, private spaces. The front unit features 2 bedrooms, 1 updated bathroom, its own washer/dryer hookups, luxury vinyl plank flooring, modern soft-close white cabinets, quartz counters, tile backsplash, and stainless steel appliances. A large front yard and driveway parking for 2 cars make it feel like its own standalone home. The back unit offers 3 bedrooms and 1 updated bathroom, with large windows that bring in abundant natural light, its own laundry hookups, and parking for up to 3 cars in the back area. The entire property is fully fenced with thoughtfully separated yard spaces for the front and back, ideal for pets, play, gardening, and outdoor entertaining while preserving privacy for each household. With a newer roof, siding, gutters, and furnace, much of the heavy lifting is already done. All of this is centrally located just minutes from Fern Hill’s local shops, restaurants, parks, grocery options, and convenient commuter routes, making it highly attractive to both future tenants and owner-occupants alike.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Pierce
Neighborhood Fern Hill
Listed Jun 19, 2026
Structure Type Duplex
Parcel Number 0320324092

Tax & HOA

Annual Property Tax $5,032 (2025)
Est. Monthly Tax $419/mo

Financial Summary

Cap Rate 6.60%
Net Operating Income $44,708
Gross Scheduled Income $51,240
Total Expenses $6,532
Vacancy Rate 6.0%

Building & Use

Building Sq Ft 2,099
Leasable Area 2,099 sqft
Total Units 2
Lot Size 7,492 sqft
Year Built 1940

Exterior & Lot

Lot Size 0.17 sqft
Year Built 1940
Exterior Materials Wood
Sewer Sewer Connected
Water Source Public
Lot Features Paved, Sidewalk
Exterior Features Wood, Wood Products

Community & Access

Directions GPS Friendly

Location

City Tacoma
County Pierce
Coordinates 47.17653, -122.44292

Additional Information

Tax Year 2025
Annual Taxes $5,032
Possession Array
Listed By
Andy Lee
COMPASS

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