763 & 765 S 39th Street, Tacoma, WA 98418
- $625,000
- 1,759
- SqFt
Listing Broker: COMPASS; Erez Toker; 206-794-8578; erez.toker@compass.com
- List Price
- $625,000
- Status
- ACTIVE
- MLS#
- 2578209
- Days on Market
- 0
- Style
- 52 - Duplex
- Finished SqFt
- 1,759
- Area Total SqFt
- 1759
- Annual Tax Ammount
- 4885
- Lot Size (sq ft)
- 3,065
- Sewer
- Sewer Connected
Property Description
Located in the Lincoln District, this traditional duplex offers an abundance of local amenities, and fantastic access to I-5. Over $250k was spent updating this property to make it ready to provide the new owners. This tastefully renovated home will offer many years of low-maintenance ownership due to the update of all major systems, in addition to the renovation, including electrical, plumbing, insulation, baths, and kitchen. Listing agent is also manager of the LLC selling the property.
Additional Information
- List Date
- 2026-09-25 07:10:14
- Community
- Lincoln
- Net Operating Income
- $41,415
- Gross Adjusted Income
- $54,000
- Gross Scheduled Income
- $60,000
- Total Monthly Income
- $5,000
- Insurance Expenses
- $3,700
- Water/Sewer/Garbage Expenses
- $1,500
- Gross Rent Multiplier
- 11.06
- Total Expenses
- $12,585
- Cap Rate
- 6.6
- Vacancy Rate
- 10
- Total Number of Units
- 2
- Unit Name
- 763 & 765
- Potential Terms
- Cash, Conventional
- Year Built
- 1918
- Roof
- Composition
- Electric Expenses
- 1500
- Other Expenses
- 500
- Energy Source
- Electric
- School District
- Tacoma
- Elementary School
- Whitman
- Middle School
- Giaudrone Mid Sch
- High School
- Lincoln High
- Total Monthly Income
- $5,000
- Gross Scheduled Income
- $60,000
- Vacancy Rate
- 10
- Gross Adjusted Income
- $54,000
- Tax Year
- 2026
- Insurance Expense
- $3,700
- W/S/G Expenses
- $1,500
- Total Expenses
- $12,585
- Net Operating Income
- $41,415
- Gross Rent Multiplier
- 11.06
- Cap Rate
- 6.6
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.