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Titlow Duplex with Detached Three-Car Garage
For Sale
$779,000

1536 -1538 S Walters Road, Tacoma, WA 98465

One-bed, one-bath duplex with refreshed interiors, separate utilities, and a detached three-car garage on a small paved lot.

Property SizeContact for details
Days on Market56

Property Features for 1536 -1538 S Walters Road

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Multi-Family

Amenities

Baseboard
Composition

Building Details

Year Built 1924
Stories 1
Tenancy Multi
Listed By: Rochelle Chorak · License #135193
Source: Kw
Added: Jul 29 Changed: Sep 15 Last Checked: Sep 21 at 12:36PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rochelle Chorak

Investment Insights

Based on property information with market context.

This Titlow duplex offers two 1-bed, 1-bath units in a single-story layout, totaling 1,012 SF. Both units have been refreshed with new interior paint and durable LVP flooring, along with thoughtful updates aimed at move-in ready living. The property also features separate gas, and electric meters and each unit has its own sewer line, supporting efficient, independent operations. Heating is available on the property, with electric and natural gas power production.

Outside, the home sits on a 0.1223-acre lot with alley access and paved site features. A detached three-car garage (with covered spaces) provides additional storage and potential for parking or added utility. Parking totals six spaces, including three covered spaces.

Built in 1924 with a poured concrete foundation, the property uses public water and includes gas availability and high-speed internet access, supporting everyday comfort for owner-occupants or tenants.

Key Highlights

  • Two 1‑bed, 1‑bath units totaling 1,012 SF in a one‑story duplex
  • Separate gas and electric meters plus separate sewer line per unit
  • Refreshed interiors with new interior paint and LVP flooring

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Auto Repair Shop Auto Parts Store Restaurant Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

96
Businesses Nearby

Demographics for 98465, WA

7,524
Population
3,771
Households
2
Avg Household Size
41
Median Age
38%
College-Educated
97%
High-School Grad
1.6 sq mi
ZIP Area
4,703
Density / Sq Mi
$77,083
Median Household Income
$54,829
Median Earnings
$1,453
Median Rent
$544,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - One-bed, one-bath duplex with refreshed interiors, separate utilities, and a detached three-car garage on a small paved lot.
Where is this duplex located?
The property is located at 1536 -1538 S Walters Road Tacoma, WA.
What is the asking price?
The asking price for this property is $779,000.
What are key features of this property?
This property features: Two 1‑bed, 1‑bath units totaling 1,012 SF in a one‑story duplex; Separate gas and electric meters plus separate sewer line per unit; Refreshed interiors with new interior paint and LVP flooring
More about this property
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