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Occupied Duplex with Private Garages
For Sale
$580,000

818 138th Street E, Tacoma, WA 98445

Two occupied units offer open layouts, vaulted ceilings, skylights, and gas fireplaces.

Property SizeContact for details
Days on Market9

Property Features for 818 138th Street E

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income
Occupancy 100%

Units

Multifamily Units 2
Parking per Unit 1

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $6,233

Amenities

vaulted ceilings
skylights
gas fireplace

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Park 52, Inc.
Listed By: Carrie Lee Jakeman-Swafford
Source: Exprealty
Added: Aug 12 Changed: Aug 18 Last Checked: Aug 20 at 11:09AM

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 Park 52, Inc.

Investment Insights

Based on property information with market context.

This duplex at 818 138th Street E includes two occupied units, each arranged with an open-concept living area, vaulted ceilings, skylights, and a gas fireplace and furnace. Each residence also has its own private one-car garage. Both units are leased to long-term tenants, providing established occupancy for a new owner.

The property is located near shopping, Spanaway Park, I-5, SR-512, and JBLM. Its Tacoma-area setting combines access to major commuter routes with proximity to everyday amenities. The two-unit configuration, individual garages, and consistent tenant occupancy create a straightforward residential income property profile.

Key Highlights

  • Two‑unit duplex with both residences occupied by long‑term tenants
  • Each unit includes a private one‑car garage
  • Open‑concept floor plans with vaulted ceilings and skylights

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy HVAC Service Hair Salon Daycare Center

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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

90
Businesses Nearby

Demographics for 98445, WA

33,927
Population
12,546
Households
2.7
Avg Household Size
36
Median Age
19%
College-Educated
90%
High-School Grad
10.4 sq mi
ZIP Area
3,262
Density / Sq Mi
$90,063
Median Household Income
$48,574
Median Earnings
$1,721
Median Rent
$413,200
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 - Two occupied units offer open layouts, vaulted ceilings, skylights, and gas fireplaces.
Where is this duplex located?
The property is located at 818 138th Street E Tacoma, WA.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: Two‑unit duplex with both residences occupied by long‑term tenants; Each unit includes a private one‑car garage; Open‑concept floor plans with vaulted ceilings and skylights
More about this property
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