Listed by Keller Williams Rty Tacoma
$554,900
$25K PRICE DROP

1852 1854 116th St S Tacoma, WA 98444

Estimated payment $3,556/month

Total Views 20,050
4 Beds
2 Baths
1,720 Sq Ft
$323 Price per Sq Ft

Highlights

  • No HOA
  • Vinyl Plank Flooring
  • High Speed Internet
  • Patio
  • Forced Air Heating System
  • Property is Fully Fenced

About This Home

Whether you're a first-time home buyer or a seasoned investor, this well-kept duplex is a solid choice. Conveniently located near JBLM, major freeways, and all that Tacoma has to offer, this property offers long-term value and excellent potential.Built by the current owner and professionally managed.Unit 1852 fully renovated with new cabinets, granite countertops, mill-work, and more.Ready for owner occupancy or market rent increase.Unit 1854 was refreshed prior to current tenant, giving flexibility for rental increases and or future upgrades. Public street access off 116th, RV parking, and roof was replaced two years ago. This property is a turnkey investment with room to grow.

Listing Agent

Brian Thayer

Keller Williams Rty Tacoma License #72669 Listed on: 04/16/2025

Keller Williams Rty Tacoma

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2358753

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,832

Year Built

  • Built in 1984

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 100x202x100x185
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,720 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • James Sales Elementary School
  • Perry G Keithley Mid Middle School
  • Wash High School

Utilities

  • Forced Air Heating System
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0319086005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,832

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 1984
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 1720
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 87

Interior Features

  • Possible Use: Multi-Family
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Vinyl, Vinyl Plank, Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Fully Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: Lakeview Light & Power
  • SewerCompany: Septic
  • WaterCompany: Parkland Light & Water
  • WaterSewerGarbage: 300

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Franklin Pierce
  • High School: Wash High
  • Middle Or Junior School: Perry G Keithley Mid

Lot Info

  • Parcel Number: 0319086005
  • Lot Size Acres: 0.4382
  • Lot Size: 100x202x100x185
  • Lot Size Sq Ft: 19087
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 3500

Multi Family

  • Gross Scheduled Income: 42000
  • Net Operating Income: 34264
  • Number Of Units Total: 2
  • Insurance Expense: 764
  • Leasable Area: 1720
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2025
  • Tax Annual Amount: 5832

MLS Schools

  • Elementary School: James Sales 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

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 For Sale $554,900 0.0% $323 / Sq Ft
07/10/2025 07/10/25 Pending -- -- --
07/03/2025 07/03/25 Price Changed $554,900 -2.6% $323 / Sq Ft
05/13/2025 05/13/25 Price Changed $569,950 -1.7% $331 / Sq Ft
04/16/2025 04/16/25 For Sale $579,950 -- $337 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2358753

Northwest Multiple Listing Service (NWMLS)