Side-by-Side Duplex with
For Sale
$519,000
3760 E T St, Tacoma, WA 98404
Two one-story units offer attached garages, fenced yards, and open kitchen-dining layouts.
Property Size1,848 SF
Price / SF$280.84
Days on Market47
Property Features for 3760 E T St
General Information
Standard status
Active
Size
1,848 SF
Property subtype
Multi-Family
Occupancy
100%
Site & Location
Neighborhood
Eastside
Highway Access
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
gated
deck
secured yard
Building Details
Year Built
1979
Buildings
1
Stories
1
Listing Agency:
Windermere R.E. Shoreline
Listed By:
Chris Haynes · License #25994
(206) 353-0134
Source:
Theinspiregroup
Added: Sep 7
Changed: Oct 1
Last Checked: Oct 23 at 12:16PM
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 Windermere R.E. Shoreline
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Investment Insights
Based on property information with market context.
Built in 1979, this 1,848-square-foot duplex contains two side-by-side one-story residences, each configured with 2 bedrooms and 1 bath. Both units feature large primary bedrooms, bright interiors, and open kitchen and dining areas. Attached one-car garages, concrete driveways, and additional off-street parking support everyday convenience. Each residence also connects to a back deck and a secured yard within the fully gated and divided property.
The duplex is located in Portland Heights near newer residential home development, with access to I-5, schools, shopping, entertainment, and commuter routes. The property is 100% occupied and includes separate outdoor areas for the two units.
The duplex is located in Portland Heights near newer residential home development, with access to I-5, schools, shopping, entertainment, and commuter routes. The property is 100% occupied and includes separate outdoor areas for the two units.
Key Highlights
- Two 2‑bedroom/1‑bath units in a side‑by‑side duplex
- 1,848 SF property built in 1979
- Attached one‑car garage for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,348
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$486,960
$487.0K
Cap Rate 7%
$347,829
$347.8K
Cap Rate 9%
$270,533
$270.5K
Market Conditions
NOI Build-Up for 1,848 SF
Gross rent
$36.6K $19.80/SF
− Vacancy
−$1.8K −$0.98/SF
EGI
$34.8K $18.82/SF
− OpEx
−$10.4K −$5.65/SF
NOI
$24.3K $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%
$486,960
Cap Rate 7%
$347,829
Cap Rate 9%
$270,533
Alternative Uses
Best Use
Multifamily LT 5
$347.8K
$304.4K – $405.8K
NOI $24,348 @ 7.0% cap · market cap 4.69%
Second Best
Apartment 5plus
$302.3K
$264.5K – $352.7K
NOI $21,159 @ 7.0% cap · market cap 4.08%
Theoretical Best
Office A
$568.0K
$497.0K – $662.7K
NOI $39,762 @ 7.0% cap · market cap 7.66%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
230
Businesses Nearby
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Business Placement
Demographics for 98404, WA
35,172
Population
13,174
Households
2.7
Avg Household Size
35
Median Age
21%
College-Educated
84%
High-School Grad
7.1 sq mi
ZIP Area
4,954
Density / Sq Mi
$79,562
Median Household Income
$41,977
Median Earnings
$1,440
Median Rent
$387,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two one-story units offer attached garages, fenced yards, and open kitchen-dining layouts.
Where is this duplex located?
The property is located at 3760 E T St Tacoma, WA.
What is the asking price?
The asking price for this property is $519,000.
What are key features of this property?
This property features: Two 2‑bedroom/1‑bath units in a side‑by‑side duplex; 1,848 SF property built in 1979; Attached one‑car garage for each unit
