$625,000
 $3,355 est/mo Sourced by Back At You

305 S 35th Street,Tacoma, WA 98418

Tacoma, WA 98418

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Description

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!

Details

MLS #2543226
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1947
Days On Site90
Listing Provided ByRedfin | Darlene Heseltine

Features

Bed(s)5
Bath(s) 2 Total
SQ Feet2,331
BasementY
Story(s)2
Acreage0.15

Taxes

Property5354

Area Information

StateWA
CountyPierce
CityTacoma
Zip Code98418
Area54 South Tacoma
Community NameSouth Tacoma
School DistrictBuyer To Verify
Elementary SchoolBuyer To Verify
High SchoolBuyer To Verify
Listing VS Median (in South Tacoma)
Price:
$625,000
low | high
Med:
$430,000
81.2% of Average
sqft:
2,331
low | high
Med:
1,790
73.208923208923% of Average
$ / sqft:
$268
low | high
Med:
$240
60.40625698324% of Average
On site:
90
low | high
Med:
90
100% of Average
Sourced by Back At You

Market Activity 98418

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Learn More About This Property

StateWA
CountyPierce
CityTacoma
Zip Code98418
Area54 South Tacoma
Community NameSouth Tacoma
School DistrictBuyer To Verify
Elementary SchoolBuyer To Verify
High SchoolBuyer To Verify
Listing VS Median (in South Tacoma)
Price:
$625,000
low | high
Med:
$430,000
81.2% of Average
sqft:
2,331
low | high
Med:
1,790
73.208923208923% of Average
$ / sqft:
$268
low | high
Med:
$240
60.40625698324% of Average
On site:
90
low | high
Med:
90
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $468K - $781K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
3305 Fawcett Avenue Property Photo 1
$522,500
3305 Fawcett Avenue
Tacoma, WA 98418
Listing Updated: September 16, 2026 at 7:36:54 PM PDT