$430,000

3 Beds 3 Baths 1,728 SQFT 0.15 Acres
Type: Multi-Family

616 S 45th Street # A&B
Tacoma, WA 98418

MLS#: 2580475
Presented by: BCR LLC and NWMLS

Property Description

 

Investment opportunity in South Tacoma! Bring your vision and unlock the potential of this centrally located duplex. Offering approximately 1,728 square feet of rentable living space, divided into two unite, on a 6,600-square-foot lot, this property provides an opportunity for an investor looking to improve, reposition, and build long-term value. The two-story property features a partially fenced lot, alley access, paved street, three uncovered parking spaces, and separate living opportunities under one roof. The home offers a mix of laminate, vinyl, and carpet flooring and electric baseboard heat. With 50% vacancy, there may be an opportunity for a new owner to renovate the vacant space while maintaining income from the occupied portion. New roof has been scheduled to be installed. Convenient Tacoma location with an attractive $430,000 asking price. Whether you're looking to expand your rental portfolio, renovate and hold, or explore the property's future potential, this is an opportunity worth a closer look. Bring your ideas and make this South Tacoma duplex work for you!


 

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
FlooringLaminate, Vinyl, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories2

General

Building Area Units0 sqft
Cap Rate3.35
Carport Spaces0
Carport Y/NNo
CityTacoma
CoolingNone
CountyPierce
DirectionsGps is Correct
Electric Expense2100
Elementary SchoolBuyer To Verify
Fuel Expense2600
HOANo
HOA Fee$0
HeatingBaseboard
High SchoolBuyer To Verify
High School DistrictTacoma
Insurance Expense2874
Leasable Area1,728 sqft
Listing TermsCash, Rehab Loan
Living Area0 sqft
Lot Size Square Feet6,600 sqft
Lot Size UnitsSquare Feet
MLS Area59 - Southeast Tacoma
Middle/Junior High SchoolBuyer To Verify
NWM_ShowMapLinkY
Net Operating Income5187
New ConstructionNo
Number Of Units Total2
PossessionNegotiable
Possible UseMulti-Family
Property ConditionFair
Property Style52 - Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksInvestment opportunity in South Tacoma! Bring your vision and unlock the potential of this centrally located duplex. Offering approximately 1, 728 square feet of rentable living space, divided into two
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSTEP Sewer
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameSouth Tacoma
Tax Annual Amount$4,633
Tax Year2026
Unit Number0
Units Below Gradefalse
Units In Building Total2
ViewTerritorial
Water CompanyTPU
Water Sewer Garbage2346.36
Year Built1902
Zoning DescriptionMulti-Family

Exterior

Building Area Total1,728 sqft
Covered Spaces0
Exterior AmenitiesMetal/Vinyl
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Dimensions44x150x44x150
Lot FeaturesAlley, Curbs, Paved
Lot Size Acres0.1515
Parking Uncovered Total3
Site FeaturesFenced-Partially
Total Parking3
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Buyer To Verify High School
Elementary School Buyer To Verify Elementary School
Middle School Buyer To Verify Middle School

  

Similar Properties

$430,000

3 Beds 3 Baths 1,728 SQFT 0.15 Acres
Type: Multi-Family

616 S 45th Street # A&B
Tacoma, WA 98418

MLS#: 2580475