424 S Wright Avenue, Tacoma, WA 98418
- $595,000
- 1,586
- SqFt
Listing courtesy of Real Broker LLC. Selling Office: Coldwell Banker Danforth.
- Sold Price
- $595,000
- List Price
- $595,000
- Status
- SOLD
- MLS#
- 2513311
- Closing Date
- May 27, 2026
- Days on Market
- 4
- Style
- 52 - Duplex
- Finished SqFt
- 1,586
- Area Total SqFt
- 1586
- Annual Tax Ammount
- 4399.51
- Lot Size (sq ft)
- 2,220
- Sewer
- Sewer Connected
Property Description
Great opportunity for someone looking to live in one unit and offset their mortgage by renting the other. Whether you are a first time buyer or investor, this setup just makes sense.Completely rebuilt duplex on a corner lot just minutes from downtown Tacoma with easy commuter access. Fully updated throughout including brand new roof, windows, ALL plumbing, ALL electrical, sewer line, water line, and all interior finishes. Truly turnkey.Lower unit offers 1 bedroom, 1 bathroom, access to a finished one car garage with new door, plus a 600+ sq ft basement for storage, workspace, or future potential. Upper unit features 2 bedrooms, 1 bathroom, and access to a unique attic space that works well for reading or a quiet hangout.Both units have updated kitchens with quartz countertops, new appliances, tile bathrooms, and washer and dryer hookups.Charming front porch, walkable location, and a clean, simple layout that works for a variety of living situations. Move in ready with flexibility for owner occupants or investors.
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Additional Information
- List Date
- 2026-05-23 00:00:00
- Community
- Lincoln
- Net Operating Income
- $41,260
- Gross Adjusted Income
- $50,160
- Gross Scheduled Income
- $52,800
- Total Monthly Income
- $4,400
- Insurance Expenses
- $1,500
- Water/Sewer/Garbage Expenses
- $3,000
- Gross Rent Multiplier
- 11.27
- Total Expenses
- $8,899
- Cap Rate
- 6.94
- Vacancy Rate
- 5
- Total Number of Units
- 2
- Unit Name
- 424
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1909
- Roof
- Composition
- Site Features
- Deck, Fenced-Partially
- Energy Source
- Electric
- School District
- Tacoma
- Total Monthly Income
- $4,400
- Gross Scheduled Income
- $52,800
- Vacancy Rate
- 5
- Gross Adjusted Income
- $50,160
- Tax Year
- 2026
- Insurance Expense
- $1,500
- W/S/G Expenses
- $3,000
- Total Expenses
- $8,899
- Net Operating Income
- $41,260
- Gross Rent Multiplier
- 11.27
- Cap Rate
- 6.94
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.