2014 88th Street E, Tacoma, WA 98445
- $525,000
- 2,006
- SqFt
Listing courtesy of Theory Real Estate. Selling Office: Theory Real Estate.
- Sold Price
- $525,000
- List Price
- $574,950
- Status
- SOLD
- MLS#
- 2438894
- Closing Date
- Nov 25, 2025
- Days on Market
- 2
- Style
- 52 - Duplex
- Finished SqFt
- 2,006
- Area Total SqFt
- 2006
- Annual Tax Ammount
- 2946
- Lot Size (sq ft)
- 43,560
- Sewer
- Septic Tank
Property Description
HOUSE HACKERS AND INVESTORS! Tons of opportunity with this 1 acre property! There’s a 3 bed 1 bath house w/ off street parking and a fully fenced backyard! There’s also a DADU w/ 2 finished rooms, 1 bath, and off street parking! Both units have been updated throughout with LVP flooring, kitchen cabinets, paint, hardware, and fixtures! Separately metered! These two structures take up less than half of the property leaving a lot of potential for the rest of the land! The main house is currently vacant, TURN KEY, and move-in ready for a primary residence with income from the DADU or place a new tenant at market rates! Don’t miss out on this deal!
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Additional Information
- List Date
- 2025-11-23 00:00:00
- Community
- Midland
- Net Operating Income
- $43,949
- Gross Adjusted Income
- $50,640
- Gross Scheduled Income
- $50,640
- Total Monthly Income
- $4,220
- Insurance Expenses
- $1,500
- Water/Sewer/Garbage Expenses
- $2,700
- Gross Rent Multiplier
- 11.35
- Total Expenses
- $7,146
- Cap Rate
- 7.5600000000000005
- Total Number of Units
- 2
- Unit Name
- 2014
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1938
- Roof
- Composition
- Site Features
- Fenced-Partially, RV Parking
- Energy Source
- Electric
- School District
- Tacoma
- Total Monthly Income
- $4,220
- Gross Scheduled Income
- $50,640
- Gross Adjusted Income
- $50,640
- Tax Year
- 2025
- Insurance Expense
- $1,500
- W/S/G Expenses
- $2,700
- Total Expenses
- $7,146
- Net Operating Income
- $43,949
- Gross Rent Multiplier
- 11.35
- Cap Rate
- 7.5600000000000005
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.