Property Details
912 138th Street E
Tacoma, WA 98445
$549,900
Pending
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Property Overview
Turnkey LEGAL DUPLEX on a large .33-acre lot. Each 2-bedroom, 1-bath unit offers approximately 900 SF with an attached garage, private fenced backyard, and in-unit laundry. Pride of ownership is evident throughout with a brick exterior, mature landscaping, excellent curb appeal, brand new interior & exterior paint, water heaters, upgraded electrical panels, plus a newer roof and windows. Both units were intentionally left vacant following recent long-term tenant turnover, providing easy showing access and a rare opportunity for owner-occupant buyers looking to offset their mortgage with rental income, or investors seeking immediate lease-up at current market rents. Located in unincorporated Pierce County, offering investors an alternative to properties within Tacoma city limits and not subject to Tacoma's Rental Housing Code. Conveniently located near JBLM, PLU, shopping, schools, and major commuter routes.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Pending
County
Pierce
Neighborhood
Brookdale
Listed
Jun 17, 2026
Structure Type
Duplex
Parcel Number
9850100020
Tax & HOA
Annual Property Tax
$5,622 (2026)
Est. Monthly Tax
$469/mo
Financial Summary
Cap Rate
6.75%
Net Operating Income
$35,890
Gross Scheduled Income
$47,700
Gross Rent Multiplier
11.22
Total Expenses
$10,922
Vacancy Rate
2.0%
Building & Use
Building Sq Ft
1,800
Leasable Area
2,328 sqft
Total Units
2
Zoning
Residential
Possible Use
Residential
Lot Size
14,240 sqft
Year Built
1960
Exterior & Lot
Lot Size
0.33 sqft
Year Built
1960
Garage
2 spaces
Exterior Materials
Brick, Wood
Sewer
Sewer Connected
Water Source
Public
Exterior Features
Brick, Wood
Community & Access
Directions
Take Pacific Ave S south to 138th St E. Head east on 138th St E to property on left.
Location
City
Tacoma
County
Pierce
Coordinates
47.13115, -122.41922
Additional Information
Tax Year
2026
Annual Taxes
$5,622
Possession
Array
Based on information submitted to the MLS GRID as of July 29, 2026 2:20 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.
