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$699,999   Price Analysis
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1608 1610 E 34th St Unit B
Tacoma, WA 98404
Unknown bed None bath 2,552 SqFt ($274/SqFt)
3,250SqFt lot. Built 2006
Listed 2024-03-26, Taxes $5,300
Ⓧ USDA Ineligible
due to location

near Tacoma

Investor ALERT!!!

Looking for cashflow? Here's your opportunity to own these Zero lot line Duplex located in the core of Tacoma. 3 bedroom 2.5 baths each unt. Rents are below market rates and some sweat equity could maximize your potential earnings.

Quick access to I-5, Hwy-16, Hwy 167, Tacoma Mall and EQC casino. This is 1/2 of two separate buildings, but one duplex. The lot line runs through the town homes and separate uni ts 1608-1610A are not for sale. Each unit sits tandem (back-to-back). DO NOT DISTURB TENANTS


Presented by Dan Wong at
Red Moon Realty LLC.


Property MLS #2212406 from NWMLS

Wall to Wall Carpet
Laminate Hardwood
Flooring: Laminate Hardwood, Vinyl, Wall to Wall Carpet

Heating Features: Wall
Heating Fuel: Electric
Heating: Yes

Wood Products

Covered Spaces: 2
Open Parking Spaces: 2
Open Parking: Yes
Parking Total: 4
Garage Sqft: 440

Lot Description: Alley, Curbs, Paved Street
Lot Size Acres: 0.0746097
Lot Size Square Feet: 3250

Thermal Windows

Gross Scheduled Income: 48000
Leasable Area: 2552
Leasable Area Units: Square Feet

Number of Units: 2
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Total Bathrooms in Unit-1: 2.5
Total Bathrooms in Unit-2: 2.5
Unit-1 Description: 1608 -B
Unit-2 Description: 1610 -B
Unit-1 Square Feet: 1276
Unit-2 Square Feet: 1276
Unit 1 Total Actual Rent: 1800
Unit 2 Total Actual Rent: 2200

High School District: Tacoma

Roosevelt is a public elementary school located approximately 0.5 miles away.
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First Creek Middle School is a public middle school located approximately 1.6 miles away.
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Lincoln is a public high school located approximately 1.7 miles away.
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Grace Christian Academy is a private elementary, middle and high school located approximately 1.2 miles away.
directions icon Map directions

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 5676
Source Listing Status: Active
Country Region: US
County: Pierce
Cap Rate: 6
Directions: From Portland Ave E, east on E 34th St to property on right (corner of Portland Ave E/E 34th St).
Tax Year: 2024
Source Property Type: Multi-Family
Insurance Expense: 1579
Area: 56 - Southeast Tacoma
List Development Name: East Tacoma
Source Neighborhood: East Tacoma
Parcel Number: 471501-595-7
Street Suffix Modifier: Street
Subdivision: East Tacoma
Lot Number: 5
Source System Name: C2C
Buyer Agent Commission: 2.5

YearAssessments
Building + Land
Total
Tax
2023$382,000 + $128,500
$510,500
$5,300
2022$330,400 + $110,200
$440,600
$5,052
2021$309,300 + $86,700
$396,000
$4,976
2020$269,800 + $73,500
$343,300
$4,655
2019$256,900 + $58,800
$315,700
$4,102
2018$212,400 + $40,600
$253,000
$3,996
2017$186,100 + $37,600
$223,700
$612
2016$169,700 + $33,200
$202,900
$565
2015$153,600 + $30,800
$184,400
$540
2014$146,300 + $27,400
$173,700
$476
2013$137,800 + $27,400
$165,200
$486
2012$167,100 + $38,100
$205,200
$607
2011$169,900 + $49,300
$219,200
$719
2010$189,100 + $51,700
$240,800
$617
2008$189,200 + $61,600
$250,800
$2,926
2007$193,400 + $56,700
$250,100
$366

Listed 2024-03-26
$699,999
NWMLS
Sold 2022-06-21
$600,000
Public Record
Sold 2019-06-05
$250,000
Public Record
Sold 2006-05-12
$342,500
Public Record

Net Operating Income: 40745
Operating Expense: 7255

Power Production Type: Electric
Sewer: Sewer Connected
Water Source: Public

Building Area Total: 2552
Building Area Units: Square Feet
Building Name: Indian Add
Foundation Details: Poured Concrete
Living Area Units: Square Feet
Property Age: 18
Roof: Composition
Building Total Stories: 2
Structure Type: Duplex
House Style: Duplex
Elevation Units: Feet

Green Energy Efficient: Thermal Windows
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.