8311 -8313 Mckinley Avenue, Tacoma, WA 98404

$519,800
1,408
SqFt

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Listing courtesy of Windermere Prof Partners. Selling Office: Commencement Bay Brokers LLC.

Sold Price
$519,800
List Price
$527,000
Status
SOLD
MLS#
2493581
Closing Date
May 08, 2026
Days on Market
10
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,408
Area Total SqFt
1408
Annual Tax Ammount
5561
Internet Provider
Xfinity
Lot Size (sq ft)
23,200
Sewer
Septic Tank

Property Description

Take a look at this well-maintained Tacoma Duplex! Each side has 2 bedrooms & 1 full bath, vinyl windows, and an attached garage. 8313 on the right has LVP flooring, upgraded appliances, plus granite counters in kitchen & bath. This unit has also recently added a Mini Split for efficient heating & cooling. Unit 8311 is very well kept, the tenant has been there for 14 years, but kitchen & bath are dated. Mature landscaping on a large 1/2 acre level lot, that may have the potential to add an additional structure. Each unit has a one car garage, covered patio, & fenced. In addition to the garage and driveway, there is at least 4 additional spots for guest parking. Easy access slightly off the main road & close to amenities. Located in unincorporated Pierce County and therefore not subject to the Regulations of Tacoma's Measure 1. Come take a look at this great investment property!

Additional Information

List Date
2026-04-28 00:00:00
Community
Midland
Net Operating Income
$31,029
Gross Adjusted Income
$37,620
Gross Scheduled Income
$39,600
Total Monthly Income
$3,300
Insurance Expenses
$1,486
Water/Sewer/Garbage Expenses
$1,524
Gross Rent Multiplier
13.3
Total Expenses
$8,571
Cap Rate
5.9
Vacancy Rate
5
Total Number of Units
2
Unit Name
8311 -8313
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1969
Roof
Composition
Site Features
Cable TV, Fenced-Fully, High Speed Internet, Patio, RV Parking
Energy Source
Electric
School District
Franklin Pierce
Total Monthly Income
$3,300
Gross Scheduled Income
$39,600
Vacancy Rate
5
Gross Adjusted Income
$37,620
Tax Year
2025
Insurance Expense
$1,486
W/S/G Expenses
$1,524
Total Expenses
$8,571
Net Operating Income
$31,029
Gross Rent Multiplier
13.3
Cap Rate
5.9
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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