Duplex with Private Unit
New
For Sale
$700,000
2704 N 10th St, Tacoma, WA 98406
Both residences include their own kitchen and laundry amenities.
Property Size2,460 SF
Price / SF$284.55
Days on Market6
Property Features for 2704 N 10th St
General Information
Standard status
Active
Size
2,460 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
North End
Road Access
Yes
Additional Details
Multifamily Units
2
Building Details
Year Built
1979
Listing Agency:
Compass
Listed By:
Chris Murphy · License #111144
(360) 918-6497
Source:
Pugetsoundrealestate
Added: Nov 1
Last Checked: Nov 4 at 12:40PM
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 Compass
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1979, this 2,460-square-foot duplex contains two independent residences. Each unit has its own kitchen and laundry amenities, along with a separate entrance.
The property is on N 10th St in Tacoma’s Proctor District, within a few blocks of dining, shops, the Farmers Market, and parks. Old Town, the Ruston Way Waterfront, and downtown Tacoma are also accessible from the property.
The property is on N 10th St in Tacoma’s Proctor District, within a few blocks of dining, shops, the Farmers Market, and parks. Old Town, the Ruston Way Waterfront, and downtown Tacoma are also accessible from the property.
Key Highlights
- Two independent residential units, each with private access
- 2,460 square feet of building area
- Both units have dedicated kitchens and laundry amenities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,411
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$648,220
$648.2K
Cap Rate 7%
$463,014
$463.0K
Cap Rate 9%
$360,122
$360.1K
Market Conditions
NOI Build-Up for 2,460 SF
Gross rent
$48.7K $19.80/SF
− Vacancy
−$2.4K −$0.98/SF
EGI
$46.3K $18.82/SF
− OpEx
−$13.9K −$5.65/SF
NOI
$32.4K $13.18/SF
Area
Tacoma, WA
Vacancy
4.94%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$648,220
Cap Rate 7%
$463,014
Cap Rate 9%
$360,122
Alternative Uses
Best Use
Multifamily LT 5
$463.0K
$405.1K – $540.2K
NOI $32,411 @ 7.0% cap · market cap 4.63%
Second Best
Apartment 5plus
$402.4K
$352.1K – $469.5K
NOI $28,167 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$756.1K
$661.6K – $882.2K
NOI $52,929 @ 7.0% cap · market cap 7.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
943
Businesses Nearby
Explore this area
Business Placement
Demographics for 98406, WA
22,768
Population
10,748
Households
2.1
Avg Household Size
42
Median Age
48%
College-Educated
96%
High-School Grad
4.2 sq mi
ZIP Area
5,421
Density / Sq Mi
$104,761
Median Household Income
$59,659
Median Earnings
$1,677
Median Rent
$594,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Pierce County, WA
Properties on Market for Duplexes in Pierce County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences include their own kitchen and laundry amenities.
Where is this duplex located?
The property is located at 2704 N 10th St Tacoma, WA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Two independent residential units, each with private access; 2,460 square feet of building area; Both units have dedicated kitchens and laundry amenities
