Listed by Keller Williams Rty Tacoma
$600,000
$50K PRICE DROP

10229 Ainsworth Ave S Tacoma, WA 98444

Midland Neighborhood

Estimated payment $3,772/month

Total Views 4,411
4 Beds
2 Baths
1,880 Sq Ft
$319 Price per Sq Ft

Highlights

  • 0.5 Acre Lot
  • Thermal Windows
  • Dog Run
  • No HOA
  • Vinyl Plank Flooring
  • Gated Home

About This Home

Remarkable Opportunity with this Centrally Located Tacoma Duplex. Very well taken care of and pride of ownership throughout, the same owner has owned this fantastic rental for 20+ years. Zoned Multi-Family, great new roof, both sides remodeled, fully fenced, massive lot, could increase income by ADU/Tiny Home. One side rents for $2,000 per month and the other rents for $2,150. Attractive cap rate and cash flow, private location and easy to rent. An opportunity like this does not come often.

Listing Agent

Matthew Harber

Keller Williams Rty Tacoma License #25202 Listed on: 04/15/2025

Keller Williams Rty Tacoma

Co-Listing Agent

Guy Rowley

Keller Williams Rty Tacoma License #23862

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2359868

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,842

Year Built

  • Built in 1978

Lot Details

  • 0.5 Acre Lot
  • Dog Run
  • Gated Home
  • Property is Fully Fenced

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,880 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Vinyl Plank Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Christensen Elementary School

Additional Features

  • Outbuilding
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0319052123

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,842

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 1978
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 1880
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 95

Interior Features

  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Fully Fenced, Security Gate
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Franklin Pierce

Lot Info

  • Parcel Number: 0319052123
  • Lot Size Acres: 0.5
  • Lot Size Sq Ft: 21780
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Dog Run,Fenced-Fully,Gated Entry,Outbuildings
  • MLSLotSizeSource: Tax Records/Realist
  • MLSSquareFootageSource: Tax Records/Realist

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Wood

Rental Info

  • GrossRentMultiplier: 13.24
  • LeasedItems: None
  • TotalMonthlyIncome: 4150

Multi Family

  • Gross Scheduled Income: 49800
  • Net Operating Income: 43203
  • Number Of Units Total: 2
  • Insurance Expense: 755
  • Leasable Area: 1880
  • EnergySource: Electric,Wood
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2025
  • Tax Annual Amount: 5842

MLS Schools

  • Elementary School: Christensen Elem

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,460 $521,800 $207,800 $314,000
2024 $5,460 $493,700 $198,800 $294,900
2023 $5,460 $470,600 $192,000 $278,600
2022 $5,152 $510,600 $204,900 $305,700
2021 $4,428 $330,900 $135,800 $195,100
2019 $3,561 $291,500 $112,400 $179,100
2018 $3,949 $275,200 $96,000 $179,200
2017 $3,515 $231,900 $66,300 $165,600
2016 $3,421 $200,500 $57,700 $142,800
2014 $3,039 $181,100 $53,100 $128,000
2013 $3,039 $165,800 $48,400 $117,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Price Changed $600,000 -2.4% $319 / Sq Ft
07/07/2025 07/07/25 Price Changed $615,000 -1.6% $327 / Sq Ft
06/18/2025 06/18/25 Price Changed $625,000 -3.8% $332 / Sq Ft
05/07/2025 05/07/25 For Sale $650,000 0.0% $346 / Sq Ft
04/16/2025 04/16/25 Pending -- -- --
04/15/2025 04/15/25 For Sale $650,000 -- $346 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $216,000 Fidelity National Title Co
Warranty Deed $145,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $65,000 Stand Alone Second
Open $172,800 Purchase Money Mortgage
Previous Owner $116,000 No Value Available
Closed $29,000 No Value Available
Closed $43,200 No Value Available
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2359868

Northwest Multiple Listing Service (NWMLS)

APN: 031905-2123