5108 N 46th Street, Tacoma, WA 98407

$620,000
1,536
SqFt

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Listing courtesy of John L. Scott Vashon. Selling Office: Windermere Prof Partners.

Sold Price
$620,000
List Price
$620,000
Status
SOLD
MLS#
2476013
Closing Date
Apr 24, 2026
Days on Market
20
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,536
Area Total SqFt
1536
Annual Tax Ammount
5959
Internet Provider
Xfinity
Lot Size (sq ft)
6,250
Sewer
Sewer Connected

Property Description

Prime North Tacoma location. This well-maintained, side-by-side single-level duplex features two spacious units, each offering two bedrooms, one bathroom, and in-unit washer and dryer. Both units include insulated windows, baseboard heating, updated electrical panels, new or newer appliances, fresh interior paint, new wall-to-wall carpet in the bedrooms, and luxury vinyl plank flooring in the living areas and kitchens. Exterior improvements include new paint, low-maintenance landscaping, a covered walkway, motion-sensor lighting, and individual storage lockers. Parking is abundant with front parking plus a rear alley carport for two vehicles. Just minutes from Point Defiance Park, Point Ruston, and the Proctor District, this property offers an exceptional opportunity in a highly desirable area—ideal for investors or owner-occupants alike.

Additional Information

List Date
2026-04-04 00:00:00
Community
North Tacoma
Net Operating Income
$25,316
Gross Adjusted Income
$33,600
Gross Scheduled Income
$33,600
Total Monthly Income
$2,800
Insurance Expenses
$2,325
Gross Rent Multiplier
18.45
Total Expenses
$8,284
Cap Rate
4.08
Vacancy Rate
100
Total Number of Units
2
Unit Name
5108
Potential Terms
Cash, Conventional, VA Loan
Year Built
1967
Roof
Composition
Site Features
Cable TV, Fenced-Partially, High Speed Internet
Energy Source
Electric
School District
Tacoma
Total Monthly Income
$2,800
Gross Scheduled Income
$33,600
Vacancy Rate
100
Gross Adjusted Income
$33,600
Tax Year
2025
Insurance Expense
$2,325
Total Expenses
$8,284
Net Operating Income
$25,316
Gross Rent Multiplier
18.45
Cap Rate
4.08
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.
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