$500,000

4 Beds 2 Baths 1,495 SQFT 0.12 Acres
Type: Multi-Family

404 S Division Lane
Tacoma, WA 98418

MLS#: 2556271
Presented by: WA Move Real Estate LLC and NWMLS

Property Description

 

Turn-key investment opportunity! This incredible duplex features two freshly remodeled and updated units, currently tenant-occupied and generating immediate rental income. Ideally located with quick access to Pacific Avenue and I-5, this property is surrounded by a strong lineup of neighborhood-serving shops and restaurants. The immediate area boasts institutional landmarks like Lincoln High and offers practical everyday access to local parks, schools, and convenient transit connections. Perfect for an investor looking for a stabilized asset in a high-convenience location!


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringVinyl
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories1

General

Building Area Units0 sqft
Building NameCEDARLAWN
Cap Rate0
Carport Spaces0
Carport Y/NNo
CityTacoma
CoolingNone
CountyPierce
DirectionsGPS is great!
Electric Expense0
Fuel Expense0
Garage Spaces0
HOANo
HOA Fee$0
HeatingWall Furnace
High School DistrictTacoma
Insurance Expense0
Leasable Area1,495 sqft
Listing TermsCash, Conventional, VA Loan
Living Area0 sqft
Lot Size Square Feet5,152 sqft
Lot Size UnitsSquare Feet
MLS Area47 - South Tacoma
NWM_ShowMapLinkY
Net Operating Income0
New ConstructionNo
Number Of Units Total2
PossessionClosing, Subject To Tenant Rights
Possible UseMulti-Family
Property ConditionUpdated/Remodeled
Property Style52 - Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksTurn-key investment opportunity! This incredible duplex features two freshly remodeled and updated units, currently tenant-occupied and generating immediate rental income. Ideally located with quick a
RoofComposition
Security FeaturesFully Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameSouth Tacoma
Tax Annual Amount$0
Tax Year2026
Units Below Gradefalse
Units In Building Total2
ViewTerritorial
Water CompanyTacoma Public Utilities
Water Sewer Garbage0
Year Built1963
Zoning DescriptionMulti-Family

Exterior

Building Area Total1,495 sqft
Covered Spaces0
Exterior AmenitiesWood, Wood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesPaved
Lot Number1
Lot Size Acres0.1183
Parking Uncovered Total0
Site FeaturesFenced-Fully, Patio
Total Parking0
Water SourceCommunity
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School N/A
Middle School N/A
High School N/A

  

Similar Properties

$500,000

4 Beds 2 Baths 1,495 SQFT 0.12 Acres
Type: Multi-Family

404 S Division Lane
Tacoma, WA 98418

MLS#: 2556271