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Listed price in listed location currency (USD).
$1,179,950

000

MLS® 2471932

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $2,000
Days Active 28
Lot Size 0.0836 acres
Approx. Age 2026
MLS® Number 2471932

Property Address: 619 S 35th St, Tacoma, WA, 98418-6827

Average square foot calculated using Size range provided by listing agent.

Description

This new construction four-plex offers a high-yield investment opportunity featuring a 12-year "land only" tax abatement and a strategic mix of four units designed for maximum rentability and minimal maintenance. This property one of the best cap rates on the market at 6.3, generating $7, 380 in monthly rental income with extra low expenses and maintenance. The property layout consists of two detached 1, 018 SF single-family homes for maximum tenant independence and two efficient 449 SF duplex units. The detached homes are thoughtfully crafted offering a 2-bedroom, 2.5-bathroom layout where each bedroom features an ensuite bath—a design specifically chosen to accommodate housemate arrangements and increase the tenant pool. These units include premium finishes such as quartz countertops, stainless steel appliances with islands, and full-size laundry. Complementing the larger homes are two 1-bedroom, 1-bathroom duplex units that maximize space with full kitchens and in-unit washers and dryers. To ensure long-term durability and low overhead, all units are equipped with ductless mini-split HVAC systems, ERV fresh air systems for superior air quality, and faux wood blinds. Positioned near key arterials, schools, and local amenities, this turnkey property balances sophisticated site design with a robust financial profile.
MLS® Number2471932
Laundry Level
Central VacNo
FireplaceNo
Acreage0.0836
Exterior
GarageNo
Approx. Age2026
Basement
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 26, 2026List Date
$1,179,950List Price
  • Commute

Commute

Starting Address
Destination Address
619 S 35 Th St, Tacoma, WA

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