1852 116th Street S, Tacoma, WA 98444

$545,000
1,720
SqFt

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Listing courtesy of Terrafin. Selling Office: Skyline Properties, Inc..

Sold Price
$545,000
List Price
$529,950
Status
SOLD
MLS#
2503682
Closing Date
May 21, 2026
Days on Market
5
Style
52 - Duplex
Building Condition
Average
Finished SqFt
1,720
Area Total SqFt
1720
Annual Tax Ammount
5832
Internet Provider
Xfinity
Lot Size (sq ft)
19,087
Sewer
Septic Tank

Property Description

Don't miss this well maintained duplex. Beautiful remodel on Unit #1852, updated with Granite countertops on white shaker style cabinets, new paint with white painted millwork & LVT flooring. Plenty of parking on a shy 1/2 acre lot. Units have been freshly painted and roof was installed in 2022. Each unit has 2 bedrooms, 1 bath, washer & dryer hookups and a garage. Big, spacious, fully fenced backyards, and convenient location, close to 512, Pacific Lutheran University Campus, restaurants, shopping and JBLM. Live in one side rent the other.

Additional Information

List Date
2026-05-16 00:00:00
Community
Tacoma
Net Operating Income
$30,448
Gross Adjusted Income
$39,960
Gross Scheduled Income
$37,380
Total Monthly Income
$3,115
Insurance Expenses
$1,000
Water/Sewer/Garbage Expenses
$100
Gross Rent Multiplier
14
Total Expenses
$6,932
Cap Rate
5.74
Total Number of Units
2
Unit Name
1852
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1984
View
Territorial
Roof
Composition
Site Features
Cable TV, Fenced-Fully, High Speed Internet, Patio
Energy Source
Electric
School District
Franklin Pierce
Elementary School
James Sales Elem
Middle School
Perry G Keithley Mid
High School
Wash High
Total Monthly Income
$3,115
Gross Scheduled Income
$37,380
Gross Adjusted Income
$39,960
Tax Year
2025
Insurance Expense
$1,000
W/S/G Expenses
$100
Total Expenses
$6,932
Net Operating Income
$30,448
Gross Rent Multiplier
14
Cap Rate
5.74
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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