1216 S 4th Street, Tacoma, WA 98405

$610,000
2,712
SqFt

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Listing courtesy of Windermere Abode.

List Price
$610,000
Status
ACTIVE
MLS#
2571248
Days on Market
4
Style
52 - Duplex
Building Condition
Updated/Remodeled
Finished SqFt
2,712
Area Total SqFt
2712
Annual Tax Ammount
6822
Lot Size (sq ft)
3,225
Sewer
Sewer Connected

Property Description

Don't miss this fantastic opportunity to own a lovingly remodeled Craftsman duplex in the heart of Tacoma’s Wedge neighborhood. Perfectly positioned within walking distance to all the dining and nightlife that 6th Ave has to offer. While also being a quick jaunt to the bustling Stadium District, this property balances classic Craftsman charm with thoughtful modern updates. The main floor 2 bed 1 bath unit offers 1,384 square feet of finished living space, showcasing refinished hardwood floors, spacious living and dining rooms, an updated kitchen, and direct basement access with ample storage. Upstairs, the fully remodeled 1 bed 1 bath unit features a stylish TV/entertainment room, an updated kitchen with a cozy eating nook, and a ductless mini-split system for efficient heating and Summer cooling. This property is truly turn-key and move-in ready, which is ideal for strong rental income or a great potential house hack. Stroll to neighborhood favorites like Balloon Roof Bakery, Bluebeard Coffee, State Street, and so much more!

Additional Information

List Date
2026-08-21 02:13:12
Community
Central Tacoma
Net Operating Income
$41,511
Gross Adjusted Income
$54,000
Gross Scheduled Income
$54,000
Water/Sewer/Garbage Expenses
$1,999
Gross Rent Multiplier
11.29
Total Expenses
$10,690
Cap Rate
6.8
Total Number of Units
2
Unit Name
1216
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1925
View
Territorial
Roof
Composition
Site Features
Fenced-Partially, Gas Available
Electric Expenses
999
Energy Source
Electric, Natural Gas
School District
Tacoma
Elementary School
Bryant
Middle School
Hilltop Heritage Middle
High School
Stadium
Gross Scheduled Income
$54,000
Gross Adjusted Income
$54,000
Tax Year
2026
W/S/G Expenses
$1,999
Total Expenses
$10,690
Net Operating Income
$41,511
Gross Rent Multiplier
11.29
Cap Rate
6.8
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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