1536 -1538 S Walters Road Tacoma, WA $ 749,900
1536 -1538 S Walters Road
$ 749,900
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1536 -1538 S Walters Road

Tacoma, WA, 98465
$ 749,900
Baths0.0 Sq 1,012

Monthly Estimate*

$ 4,984

Listed by Keller Williams Rty Tacoma
1536 -1538 S Walters Road, Tacoma, WA 98465 - Image 1
Studio

Multi-Family Home for sale in Tacoma, WA

for $749,900. This 1,012 square foot home was built in 1924 on a lot size of 0.1223.

Titlow multifamily! This duplex and detached 3-car garage are located just steps from Titlow Beach. Both units have been updated and each unit has individual sewer lines, gas, water and electric. Opportunities include living in one and rent out the other, rent both as well as three garages or build your dream home with views. Duplex is currently under rented. Both tenants have been notified and are open to staying if the new buyer would like or move as needed. Update rents for short or long term rental income. Garages can be rented as well. Duplex can be seen after mutual.

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Multi-Family Active

Price

$ 749,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,850

Style

Duplex

Lot Size

0.1223

Year Built

1924

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2244320

Features
Interior
Interior Amenities Laminate
Flooring Laminate Carpet
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Bedrooms Possible 0
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
General
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing See Remarks
Roof Composition
HOA Fee 0
Year Built 1924
View Bay Partial
Property Subtype Multi Family
Tax Year 2024
County Pierce
Net Operating Income 41450
Insurance Expense 500
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Narrows
Special Listing Conditions None
Status Active
Directions Follow 6th Ave all the way to Titlow turn left on Walters Rd. Property is on left.
City Tacoma
Senior Community Y/N N
High School District Tacoma
Open Parking Spaces 3
Number Of Units Total 2
MLS Area 31 - West Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 5327
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional FHA VA Loan
Tax Annual Amount 1850
Electric Expense 0
Fuel Expense 0
Public Remarks Titlow multifamily! This duplex and detached 3-car garage are located just steps from Titlow Beach. Both units have been updated and each unit has individual sewer lines gas water and electric. Oppo
Leasable Area 1012
Structure Type Duplex
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 0
Property Style 52 - Duplex
Cap Rate 5.2
Exterior
Exterior Amenities Wood Products
Lot Features Alley Paved
Water Source Public
Total Parking 6
Foundation Details Poured Concrete
Building Area Total 1012
Lot Size Acres 0.1223
Waterfront Y/N N
Covered Spaces 3
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Site Features Gas Available High Speed Internet
Parking Uncovered Spaces 3
Internal Only
OriginalMLSID NWM2244320
Street Number 1 1536
* Excluded Features
List By
Rochelle Chorak

Listing Agent

Keller Williams Rty Tacoma

Broker

Affordability Calculator

$5,138
Per Month
97%
3%
0%
Monthly Principal & Interest
$4,984
Monthly Property Taxes
$154
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
256639 Elementary School
257487 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/1/2025$749,900 Listed Price

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1536 -1538 S Walters Road, Tacoma, WA, 98465 is a Multi-Family Home for sale at $749,900 with 1,012 sqft and a lot size of 0.1223. 1536 -1538 S Walters Road is a studio with 0.0 baths and was built in 1924. The property's zip code is 98465 which is in Tacoma, WA