Rare investment 5BR + 1BR ADU duplex opportunity on the tree-lined streets of S 35th St in Tacoma! Spanning a substantial 2,813 sqft on a level lot, this fully stabilized, tenant-occupied asset blends classic charm, modern upgrades, & exceptional URX zoning potential (zero-foot setbacks/12-yr tax abatement available for future ADU/multiplex development). Enjoy a neighborhood lifestyle close to McKinley, Lincoln District, & light rail/transit. Offering a flexible layout with 2 beds/1 bath on the main level & 3 beds/1 bath upstairs. Designed for premium communal living. Spacious common areas come fully furnished, while 5 unfurnished bedrooms allow for tenant customization. Features individual room rentals to maximize cash flow, a Rainier view from the dining room, and Sound/downtown views from the 3rd story. Tenants enjoy a dedicated laundry room in a massive lower storage area for bikes/gear. Lower Unit (1 Bed/1 Bath) Completely separate with a spacious layout: large living room, dining room with a charming built-in banquette, fully equipped kitchen, separate laundry room, & potential for a 2nd bedroom for the ADU in the common storage area. Outdoor entertainment provides tenants a shared backyard- fully fenced, featuring newer cedar fencing, a patio, a dedicated garden space, and 2 off-street rear parking spots. Do not miss out on this one where you can live up or downstairs and let the rental income offset your mortgage, or keep is as a low-vacancy, cash-flowing gem!
| MLS # | 2543226 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1947 |
| Days On Site | 90 |
| Listing Provided By | Redfin | Darlene Heseltine |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,331 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.15 |
| Property | 5354 |
|---|
| State | WA |
|---|---|
| County | Pierce |
| City | Tacoma |
| Zip Code | 98418 |
| Area | 54 South Tacoma |
| Community Name | South Tacoma |
| School District | Buyer To Verify |
| Elementary School | Buyer To Verify |
| High School | Buyer To Verify |
| Listing VS Median (in South Tacoma) | |
Price: $625,000 low | high Med: $430,000 sqft: 2,331 low | high Med: 1,790 $ / sqft: $268 low | high Med: $240 On site: 90 low | high Med: 90 | |
| State | WA |
|---|---|
| County | Pierce |
| City | Tacoma |
| Zip Code | 98418 |
| Area | 54 South Tacoma |
| Community Name | South Tacoma |
| School District | Buyer To Verify |
| Elementary School | Buyer To Verify |
| High School | Buyer To Verify |
| Listing VS Median (in South Tacoma) | |
Price: $625,000 low | high Med: $430,000 sqft: 2,331 low | high Med: 1,790 $ / sqft: $268 low | high Med: $240 On site: 90 low | high Med: 90 | |