Listed by Park 52, Inc.
$580,000

818 138th St E Tacoma, WA 98445

Tacoma Area

Estimated payment $3,707/month

Total Views 41
4 Beds
2 Baths
2,118 Sq Ft
$274 Price per Sq Ft

Highlights

  • No HOA
  • Partially Fenced Property
  • Carpet
  • Forced Air Heating System
  • Wood Siding
  • 1-Story Property

About This Home

Don't miss this fantastic investment opportunity! Ideally located just minutes from shopping, Spanaway Park, I-5, SR-512, and JBLM, this well-maintained duplex offers the perfect combination of convenience and income potential.Whether you're expanding your investment portfolio or looking for an owner-occupied property with rental income, this duplex checks all the boxes. Both units are occupied by reliable long-term tenants, providing immediate, consistent rental income.Each unit features a bright, open-concept floor plan with vaulted ceilings, skylights, and a cozy gas fireplace and furnace (new in 816) that creates a warm and inviting living space. A private one-car garage for each unit adds everyday convenience and enhances tenant appeal.With a strong rental history, desirable layout, and prime location near major commuter routes and local amenities, this is an outstanding opportunity you won't want to miss.

Listing Agent

Carrie Jakeman

Park 52, Inc. License #24297 Listed on: 08/12/2026

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2566430

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,233

Year Built

  • Built in 2004

Lot Details

  • 10,792 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Metal Construction or Metal Frame
  • Vinyl Construction Material

Interior Spaces

  • 2,118 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Parkland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0319157046

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,233

Year Built

Built in 2004

Lot Details

10,792 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 2004
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • Structure Type: Duplex
  • CalculatedSquareFootage: 2118
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Vinyl, 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: Metal/Vinyl, Wood
  • Exterior Features: Metal/Vinyl, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: See Remarks
  • Security: Partially Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: Elmhurst
  • SewerCompany: Pierce County Sewer
  • WaterCompany: Parkland Light & Water

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Franklin Pierce

Lot Info

  • Parcel Number: 0319157046
  • Lot Size Acres: 0.2477
  • Lot Size Sq Ft: 10792
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • ShortTermRentalYN: false
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 3295

Tax Info

  • Year: 2026
  • Tax Annual Amount: 6233

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Natural Gas
  • UnitsBelowGrade: false

Map

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/12/2026 08/12/26 For Sale $580,000 -- $274 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2566430

Northwest Multiple Listing Service (NWMLS)
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