619 S 35th Street, Tacoma, WA 98418

Tacoma
Local realty services provided by:Knipe Realty ERA Powered
Listed by: ryan d meacham
Office: windermere prof partners
MLS#:2471932
Source:NWMLS
619 S 35th Street,Tacoma, WA 98418
$1,179,950
  • - Beds
  • - Baths
  • 2,934 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$1,179,950
  • Price per sq. ft.:$402.16

About this home

This new construction four-plex offers a high-yield investment opportunity featuring a 12-year "land only" tax abatement and a strategic mix of four units designed for maximum rentability and minimal maintenance. This property one of the best cap rates on the market at 6.3, generating $7,380 in monthly rental income with extra low expenses and maintenance. The property layout consists of two detached 1,018 SF single-family homes for maximum tenant independence and two efficient 449 SF duplex units. The detached homes are thoughtfully crafted offering a 2-bedroom, 2.5-bathroom layout where each bedroom features an ensuite bath—a design specifically chosen to accommodate housemate arrangements and increase the tenant pool. These units include premium finishes such as quartz countertops, stainless steel appliances with islands, and full-size laundry. Complementing the larger homes are two 1-bedroom, 1-bathroom duplex units that maximize space with full kitchens and in-unit washers and...

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Home facts

  • Year built:2026
  • Listing ID #:2471932
  • Updated:March 19, 2026 at 08:06 AM

Rooms and interior

  • Flooring:Vinyl Plank
  • Living area:2,934 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:2026
  • Building area:2,934 sq. ft.
  • Lot area:0.08 Acres
  • Lot Features:Alley, Curbed Lot, Paved, Sidewalk
  • Construction Materials:Cement Planked
  • Exterior Features:Fenced-Partially

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,179,950
  • Price per sq. ft.:$402.16
  • Tax amount:$2,000 (2026)

Features and amenities

  • Amenities:High Speed Internet
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