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503-489-3929
Keller Williams South Sound
602 E 36th Street, Tacoma, WA 98404
- $482,790
- 1,643
- SqFt
Listing Broker: Coldwell Banker Danforth; Matt Small; ; Selling Office: Redfin.
- Sold Price
- $482,790
- List Price
- $499,000
- Status
- SOLD
- MLS#
- 2363850
- Closing Date
- Nov 21, 2025
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 1,643
- Area Total SqFt
- 1643
- Annual Tax Ammount
- 5770
- Internet Provider
- Comcast
- Lot Size (sq ft)
- 7,810
- Sewer
- Sewer Connected
Property Description
Low maintenance McKinley area duplex up for grabs! Each unit features 2 bedrooms, 1 bathroom, laundry and 1 car garage. The property has an expansive fenced yard, mature landscaping, recent windows/paint/ electrical panels. Roof is in excellent condition and there lots of on site parking. The interior is clean, well appointed and great use of space. Some upgrades could be implemented for an equity grab. This property is low maintenance and ready to go. Zero occupancy rate for decades. Both units have long term renters who are currently month to month. Add the convenient location to shopping, freeways, light rail/King street station and this place is solid investment for a move in buyer or an astute investor.
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Additional Information
- Community
- McKinley
- Net Operating Income
- $21,578
- Gross Adjusted Income
- $21,578
- Gross Scheduled Income
- $32,640
- Total Monthly Income
- $2,720
- Insurance Expenses
- $1,452
- Water/Sewer/Garbage Expenses
- $3,840
- Gross Rent Multiplier
- 17.5
- Total Expenses
- $11,062
- Cap Rate
- 3.75
- Total Number of Units
- 2
- Unit Name
- 602
- Potential Terms
- Cash Out, Conventional, VA Loan
- Year Built
- 1965
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Fully, High Speed Internet, RV Parking
- Energy Source
- Electric
- School District
- Tacoma
- Total Monthly Income
- $2,720
- Gross Scheduled Income
- $32,640
- Gross Adjusted Income
- $21,578
- Tax Year
- 2024
- Insurance Expense
- $1,452
- W/S/G Expenses
- $3,840
- Total Expenses
- $11,062
- Net Operating Income
- $21,578
- Gross Rent Multiplier
- 17.5
- Cap Rate
- 3.75
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.