3419 S K Street, Tacoma, WA 98418

$485,000
1,760
SqFt

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Listing courtesy of COMPASS. Selling Office: Paramount Real Estate Group.

Sold Price
$485,000
List Price
$474,500
Status
SOLD
MLS#
2521596
Closing Date
Jun 12, 2026
Days on Market
4
Style
52 - Duplex
Finished SqFt
1,760
Area Total SqFt
1760
Annual Tax Ammount
4918.15
Lot Size (sq ft)
4,500
Sewer
Sewer Connected

Property Description

Turnkey househack or cash-flowing duplex investment in the heart of Tacoma’s vibrant Lincoln District! Positioned on a fully fenced corner lot, this rare property features an oversized 2-car garage plus plenty of off-street RV/boat parking. Well maintained Duplex - all new plumbing, new roof, & new exterior paint within the last 2 years. The main floor (Unit A) is vacant and completely refreshed: 2 beds, 1 bath, 1,120 sqft of living space with high ceilings, fresh interior paint, new light fixtures, an updated bathroom, a large open dining room, and an outfitted kitchen with a walk-in pantry. Move right in and rent out the rest, or position at top-of-market rent. Upstairs (Unit B) features a bright 1 bed, 1 bath plus den layout (600 sqft) with great windows showing territorial views and a stellar, built-in tenant providing immediate cash flow. Separate, tenant-paid gas and electric meters keep owner utility expenses minimal. Tenants will love the classic rocking-chair front porch, dedicated laundry room with in-unit hookups, and direct back patio access for summer BBQs. Unbeatable location blocks from iconic Lincoln eateries like Vien Dong, minutes to the 38th St corridor, and a dead-simple commuter route to JBLM, I-5, and the Tacoma Dome Station. Don't miss out on this one!

Additional Information

List Date
2026-06-08 00:00:00
Community
Tacoma
Net Operating Income
$34,465
Gross Scheduled Income
$42,840
Total Monthly Income
$3,613
Water/Sewer/Garbage Expenses
$3,456
Gross Rent Multiplier
11
Total Expenses
$8,374
Cap Rate
7.5
Total Number of Units
2
Unit Name
3419
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1905
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet, Patio, RV Parking, Shop
Energy Source
Natural Gas
School District
Tacoma
Elementary School
Whitman
Middle School
Giaudrone Mid Sch
High School
Lincoln High
Total Monthly Income
$3,613
Gross Scheduled Income
$42,840
Tax Year
2026
W/S/G Expenses
$3,456
Total Expenses
$8,374
Net Operating Income
$34,465
Gross Rent Multiplier
11
Cap Rate
7.5
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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