Presented by: Keller Williams Realty PS and NWMLS
Property Description
"Investment Opportunity Awaits" This centrally located Duplex is well maintained and has a great rental history. This 2 Bedroom 1 Bath Duplex, has a one car garage & a fully fenced back yard. They are on one level and sits on a quiet street. This seller has another duplex right next door to this one that is available as well. 1404 - 1406 103rd St E, MLS #2555389. This is a great investment package for 2 duplexes for someone that is looking for rentals or to do a 1031 exchange. This is a clean package, see the additional MLS # to get a clear understanding of what this seller has to offer, or purchase them separately.
Interior Features
Bedrooms
Bedrooms Upper0
Bathrooms
Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringSee Remarks, Vinyl, Carpet
Heating Y/NYes
Power Production TypeElectric, See Remarks, Wood
Total Fireplaces0
Total Stories1
General
AmenitiesSee Remarks, Thermal Windows
Building Area Units0 sqft
Cap Rate5.47
Carport Spaces1
Carport Y/NNo
CityTacoma
CoolingNone, See Remarks
CountyPierce
DirectionsFrom HWY 512, Take the Portland Ave E Exit, and go North on Portland Ave E, go to 103rd St E Take a Left. The Duplex is down on the left.
Electric Expense0
Elementary SchoolMidland Elem
Energy EfficientThermal Windows
Fuel Expense0
Garage Spaces1
HOANo
HOA Fee$0
HeatingSee Remarks, Wall Furnace
High SchoolFranklin-Pierce High
High School DistrictFranklin Pierce
Insurance Expense1359.96
Leasable Area1,988 sqft
Listing TermsCash, Conventional, FHA, See Remarks, VA Loan
Living Area0 sqft
Lot Size Square Feet12,196 sqft
Lot Size UnitsSquare Feet
MLS Area64 - Parkland/Midland
Middle/Junior High SchoolMorris Ford Mid
NWM_ShowMapLinkY
Net Operating Income28001
New ConstructionNo
Number Of Units Total2
PossessionClosing, See Remarks, Subject To Tenant Rights
Possible UseMulti-Family, See Remarks
Property ConditionVery Good
Property Style52 - Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksInvestment Opportunity Awaits This centrally located Duplex is well maintained and has a great rental history. This 2 Bedroom 1 Bath Duplex, has a one car garage & a fully fenced back yard. They are
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameMidland
Tax Annual Amount$6,100
Tax Year2026
Units Below Gradefalse
Units In Building Total2
ViewSee Remarks, Territorial
Water CompanyTacoma Public Utilities
Water Sewer Garbage3443.28
Year Built1989
Zoning DescriptionMulti-Family, See Remarks
Exterior
Building Area Total1,988 sqft
Covered Spaces1
Exterior AmenitiesBrick, Wood, Wood Products
Foundation DetailsPoured Concrete, Slab
Irrigation Water Rights Y/NNo
Lot DimensionsB.T.V.
Lot FeaturesPaved
Lot Size Acres0.28
Parking Uncovered Total2
Site FeaturesCable TV, Fenced-Partially, High Speed Internet, Patio
Total Parking3
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Morris Ford Mid
High School
Franklin-Pierce High
Elementary School
Midland Elem