2204 S 12th Street, Tacoma, WA 98405
- $499,999
- 1,284
- SqFt
Listing courtesy of RE/MAX Exclusive.
- List Price
- $499,999
- Status
- PENDING INSPECTION
- MLS#
- 2511847
- Price Change
- ▼ $15,001 1783482872
- Days on Market
- 93
- Style
- 52 - Duplex
- Finished SqFt
- 1,284
- Area Total SqFt
- 1284
- Annual Tax Ammount
- 5027.99
- Internet Provider
- xfinity
- Lot Size (sq ft)
- 5,481
- Sewer
- Sewer Connected
Property Description
CENTRALLY LOCATED DUPLEX FOR UNDER $500,000! Welcome to this Tacoma duplex, sitting on a flat corner lot in the heart of it all. You’re just minutes from hospitals, great restaurants, coffee shops, and nightlife, with super easy access to I-5 for commuting. Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this property offers incredible flexibility. Currently operating as a short-term rental, it provides excellent income potential with the opportunity to continue its current use, subject to local regulations. Each side offers 2 bedrooms and 1 bathroom, with practical, comfortable layouts that tenants and guests alike will appreciate. The property features a detached garage that works well for parking or extra storage, plus a fully fenced yard with plenty of space to enjoy. There’s also on-site laundry and additional storage for added convenience. Both units have been freshly painted, and the upstairs unit has new tile and updated flooring, giving it a clean, refreshed feel. Each unit has its own power meter, and the garage is separately metered as well. With parks, the Stadium District, museums, shopping, and Tacoma's vibrant downtown nearby, this duplex offers an exceptional combination of location, flexibility, and investment potential.
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Additional Information
- List Date
- 2026-04-24 18:34:11
- Community
- Central Tacoma
- Net Operating Income
- $20,600
- Gross Adjusted Income
- $33,000
- Gross Scheduled Income
- $2,750
- Insurance Expenses
- $750
- Water/Sewer/Garbage Expenses
- $3,600
- Gross Rent Multiplier
- 16.2
- Total Expenses
- $12,377
- Cap Rate
- 4.4
- Vacancy Rate
- 100
- Total Number of Units
- 2
- Unit Name
- 2204
- Potential Terms
- Cash, Conventional, FHA, Owner Will Carry
- Year Built
- 1904
- View
- Territorial
- Roof
- Composition
- Site Features
- Fenced-Fully
- Electric Expenses
- 2400
- Energy Source
- Electric
- School District
- Tacoma
- Gross Scheduled Income
- $2,750
- Vacancy Rate
- 100
- Gross Adjusted Income
- $33,000
- Tax Year
- 2026
- Insurance Expense
- $750
- W/S/G Expenses
- $3,600
- Total Expenses
- $12,377
- Net Operating Income
- $20,600
- Gross Rent Multiplier
- 16.2
- Cap Rate
- 4.4
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.