616 S 45th Street Unit #A&B, Tacoma, WA 98418
- $430,000
- 1,728
- SqFt
Listing Broker: BCR LLC; Christel EM Osterstrom; 425-753-0950; christelosterstromre@gmail.com
- List Price
- $430,000
- Status
- ACTIVE
- MLS#
- 2580475
- Days on Market
- 1
- Style
- 52 - Duplex
- Building Condition
- Fair
- Finished SqFt
- 1,728
- Area Total SqFt
- 1728
- Annual Tax Ammount
- 4633
- Lot Size (sq ft)
- 6,600
- Sewer
- STEP Sewer
Property Description
Investment opportunity in South Tacoma! Bring your vision and unlock the potential of this centrally located duplex. Offering approximately 1,728 square feet of rentable living space, divided into two unite, on a 6,600-square-foot lot, this property provides an opportunity for an investor looking to improve, reposition, and build long-term value. The two-story property features a partially fenced lot, alley access, paved street, three uncovered parking spaces, and separate living opportunities under one roof. The home offers a mix of laminate, vinyl, and carpet flooring and electric baseboard heat. With 50% vacancy, there may be an opportunity for a new owner to renovate the vacant space while maintaining income from the occupied portion. New roof has been scheduled to be installed. Convenient Tacoma location with an attractive $430,000 asking price. Whether you're looking to expand your rental portfolio, renovate and hold, or explore the property's future potential, this is an opportunity worth a closer look. Bring your ideas and make this South Tacoma duplex work for you!
Additional Information
- List Date
- 2026-09-29 16:46:11
- Community
- South Tacoma
- Net Operating Income
- $5,187
- Gross Adjusted Income
- $27,240
- Gross Scheduled Income
- $27,240
- Total Monthly Income
- $2,270
- Insurance Expenses
- $2,874
- Water/Sewer/Garbage Expenses
- $2,346
- Gross Rent Multiplier
- 15.79
- Total Expenses
- $22,053
- Cap Rate
- 3.35
- Vacancy Rate
- 10
- Total Number of Units
- 2
- Unit Name
- 616
- Potential Terms
- Cash, Rehab Loan
- Year Built
- 1902
- View
- Territorial
- Roof
- Composition
- Site Features
- Fenced-Partially
- Electric Expenses
- 2100
- Other Expenses
- 7500
- Energy Source
- Electric
- School District
- Tacoma
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $2,270
- Gross Scheduled Income
- $27,240
- Vacancy Rate
- 10
- Gross Adjusted Income
- $27,240
- Tax Year
- 2026
- Insurance Expense
- $2,874
- W/S/G Expenses
- $2,346
- Total Expenses
- $22,053
- Net Operating Income
- $5,187
- Gross Rent Multiplier
- 15.79
- Cap Rate
- 3.35
Based on information submitted to the MLS GRID as of . 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 noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.