Courtesy of Windermere Prof Partners and NWMLSNWMLS

OverviewEstate Overview - $1,179,950Closed

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619 S 35th Street,

Tacoma, WA 98418

This new construction four-plex offers a high-yield investment opportunity featuring a 12-year "land only" tax abatement and a strategic mix of four units designed for maximum rentability and minimal maintenance.This property one of the best cap rates on the market at 6.3, generating $7,380 in monthly rental income with extra low expenses and maintenance.The property layout consists of two detached 1,018 SF single-family homes for maximum tenant independence and two efficient 449 SF duplex units.The detached homes are thoughtfully crafted offering a 2-bedroom, 2.5-bathroom layout where each bedroom features an ensuite bath—a design specifically chosen to accommodate housemate arrangements and increase the tenant pool.These units include premium finishes such as quartz countertops, stainless steel appliances with islands, and full-size laundry.Complementing the larger homes are two 1-bedroom, 1-bathroom duplex units that maximize space with full kitchens and in-unit washers and dryers...See More

  • 0 Beds
  • 0 Baths
  • 2934 Sqft
  • Residential Income

OverviewListing Details

Status:Closed
Original Listing Price: $ 1,200,000
Listing Date: 01/26/2026
Days on dealty:Was on Dealty for 67 days
County:Pierce
MLS Type:NWMLSNWMLS
Built In:2026
Has HOA:No
Status Change Date:April 03, 2026
Pool:No
Cumulative Days on market:35 days
Last Updated:05/04/2026, 10:27:28 PM
*Please Contact Lister for more information.

FeaturesProperty Features

Design
  • Property subtype: Multi Family
  • Construction materials: Cement Plank
  • Roof: Composition
Flooring
  • Vinyl Plank
Interior Spaces
    --
Bedrooms & Bathrooms
  • 0 - Bedrooms
  • 0 - Bathrooms
Exteriors
  • Exterior features: Cement Planked,
  • View: City, Partial
Lot Details
  • Lot size: 0.0836 Acres / 3640 Square feet

AmenitiesAmenities

Utilities
  • Cooling - Ductless
  • Heating - Ductless
Laundry
    --
Parking
  • Garage Spaces: 0

HOAHOA & Financial

Primary HOA
    No
Second HOA
    No
Third HOA
    No

OverviewOpen House

* There are no open house dates scheduled at this time. Please reach out to the lister for an in person or virtual viewing.

Schools & Neighborhood

Schools
    --
Neighborhood
    --

NeighborhoodExplore The Area

Similar HomesSimilar Homes

AgentListing Agent

Agent
Ryan D Meacham

(Windermere Prof Partners)

MLS # NWM2471932

619 S 35th Street

Tacoma, WA 98418

$1,179,950
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FOR MORE PHOTOS VISIT
https://www.dealty.ai/buy/home/619-s-35th-street-tacoma-wa-98418
Approx sqft
2934
Year Built
2026
Garage
2
Lot Size
3640 sqft/ 0.084 acres

This new construction four-plex offers a high-yield investment opportunity featuring a 12-year "land only" tax abatement and a strategic mix of four units designed for maximum rentability and minimal maintenance. This property one of the best cap rates on the market at 6.3, generating $7,380 in monthly rental income with extra low expenses and maintenance. The property layout consists of two detached 1,018 SF single-family homes for maximum tenant independence and two efficient 449 SF duplex uni...(Visit the link to Get more info)

AGENT CONTACT

Northwest Multiple Listing Service

Based on information submitted to MLS Grid as of 05/04/2026, 10:27:28 PM. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used solely to identify prospective properties that consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed by MLS Grid. All information should be independently reviewed and verified. Open house information is subject to change without notice. Properties may or may not be listed by the office or agent presenting the information.