2152 S -54 J St Street, Tacoma, WA 98405
- $565,000
- 2,679
- SqFt
Listing courtesy of Meridian Real Estate Group.
- List Price
- $565,000
- Status
- ACTIVE
- MLS#
- 2544823
- Days on Market
- 3
- Style
- 52 - Duplex
- Building Condition
- Fair
- Finished SqFt
- 2,679
- Lot Size (sq ft)
- 4,200
Property Description
Here is your opportunity to own a one-of-a-kind historic duplex in Tacoma's Hilltop neighborhood. Converted to a duplex shortly after construction, this classic home offers timeless character, strong income potential, and room to add value. Rescued and thoughtfully restored in the 1980s, it's now ready for its next chapter. The upper 2-bedroom unit has benefited from significant updates, including beautifully refinished original hardwood floors, fresh interior paint, and new kitchen cabinetry, while retaining its historic charm. The lower unit offers an excellent opportunity for similar improvements, allowing the next owner to build additional equity. Both units are currently occupied, providing immediate rental income from day one. Whether you're an investor or looking to expand your portfolio with a unique property, this historic duplex is full of potential.
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Additional Information
- List Date
- 2026-07-24 00:43:11
- Community
- Hilltop
- Potential Terms
- Cash, Conventional, FHA, Rehab Loan, VA Loan
- Year Built
- 1900
- View
- Mountains
- Roof
- Composition
- School District
- Tacoma
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $2,700
- Gross Scheduled Income
- $32,400
- Gross Adjusted Income
- $19,886
- Tax Year
- 2026
- Insurance Expense
- $3,163
- W/S/G Expenses
- $4,000
- Total Expenses
- $12,514
- Net Operating Income
- $19,886
- Gross Rent Multiplier
- 17.4
- Cap Rate
- 3
Mortgage Calculator
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.