1561 1563 S 35th Street

Tacoma, WA 98418

  • Bed

  • Bath

  • 1281 SqFt

  • 2 DOM

  • Built: 1955

  • Status: Active

$515,000

X

1561 1563 S 35th Street

Tacoma 98418

$515000

  • Bed

  • Bath

  • 1281 SqFt

  • 2 DOM

  • Built: 1955

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

Prime investment in this Tacoma duplex! Fully occupied with solid, market-rate tenants and zero vacancies. Net Operating Income $26,620 annually, cap rate 5.17%—a true plug-and-play investment. Each 640 sf unit is single-level w/ in-unit laundry, separate utility meters, one garage space. Consistent updates include laminate flooring, granite counters, cabinetry, appliances, paint, and doors. Enjoy fully fenced yard w/shared covered patio & an apple tree producing more apples than you’ll know what to do with! Located in Tacoma w/easy access to I-5, grocery, schools, parks, and transit—plus walkable to coffee, restaurants. Tenants love living here and want to stay—rare chance for stable, cash-flowing property in a high-demand rental market.

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Residence Information

  • 1281

  • Flat

  • 52 - Duplex

  • 1955

  • Poured Concrete

  • See Remarks, Storage

Features and Utilities

  • Wood

  • Public

  • Sewer Connected

  • 0

Financial

  • 5424

  • Cash Out, Conventional, FHA, VA Loan

  • 09-18-2025

Comparable Information

  • 2

  • 2

  • Cash Out, Conventional, FHA, VA Loan

  • $515,000

  • $515,000

  • Sep 19, 2025 00:38

Schools

Elementary : Buyer To Verify N/A Ratings
Middle : Buyer To Verify N/A Ratings
High : Buyer To Verify N/A Ratings

Map

Listing courtesy of 1 Percent Lists Tacoma.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Sep 20, 2025 21:03 | Listing last modified Sep 19, 2025 00:38. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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