Listing provided courtesy of Real Broker LLCNWMLSMLS# NWM2540529MLS Provider
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Well-maintained, turnkey duplex on a generous 14,238 SF lot, offering a projected 6.75% cap rate at market rents. Each spacious 2-bedroom, 1-bath unit offers approximately 900 SF and features an attached garage, private fenced backyard, and in-unit laundry. Pride of ownership is evident throughout with a brick exterior, mature landscaping, excellent curb appeal, newer roof, newer windows, recently upgraded electrical panels, and fresh interior paint and flooring. Both units were intentionally left vacant following recent long-term tenant turnover, providing easy showing access and a rare opportunity for owner-occupant buyers looking to offset their mortgage with rental income, or investors seeking immediate lease-up at current market rents. Located in unincorporated Pierce County, offering investors an alternative to properties within Tacoma city limits and not subject to Tacoma's Rental Housing Code. Conveniently located near JBLM, PLU, shopping, schools, and major commuter routes.

Source: NWMLS, MLS#: NWM2540529

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  • Property Type
    Residential Income
  • Lot
    0.33 acres

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  • Median Age
    38
  • Population Density
    3,064
  • College Educated
    27%
  • Estimated Median Income
    $70,241
  • Estimated Total Home Owners
    8,318
  • Estimated Total Renters
    3,228
  • Owner / Renter Divide
    72% / 28%
  • Estimated Average Household Size
    3
  • Total Population
    31,973
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 912 138th Street E


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/23/2026Source: NWMLS Status Change
Pending Inspection
6/17/2026Source: NWMLS Added to Database
June 17, 2026