3801 3803 56th Street Ct E, Tacoma, WA 98443

$615,000
1,896
SqFt

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Listing courtesy of Redfin.

List Price
$615,000
Status
ACTIVE
MLS#
2565908
Days on Market
0
Style
52 - Duplex
Finished SqFt
1,896
Area Total SqFt
1896
Annual Tax Ammount
5607
Internet Provider
Xfinity
Lot Size (sq ft)
14,810
Sewer
Septic Tank

Property Description

Exceptional investment opportunity with extensive updates already completed! This well-maintained duplex offers peace of mind for both owner-occupants and investors, featuring a new roof installed in 2019, a full plumbing re-pipe completed in 2021, and new electrical panels in both units (2021 & 2024). Unit 3801 was upgraded with an energy-efficient ductless heat pump in 2021 for year-round comfort, while Unit 3803 received stylish kitchen and bathroom updates in 2024, adding modern appeal for tenants. A new vinyl privacy fence installed in 2022 enhances the outdoor space, and nearly every appliance has been replaced within the past seven years of ownership, with the exception of one clothes dryer. With major systems already updated and thoughtful improvements throughout, this turnkey multi-family property is an outstanding opportunity to generate rental income or expand your investment portfolio.

Additional Information

List Date
2026-08-14 15:43:13
Community
Tacoma
Net Operating Income
$30,011
Gross Adjusted Income
$38,193
Gross Scheduled Income
$43,800
Total Monthly Income
$3,650
Insurance Expenses
$1,459
Water/Sewer/Garbage Expenses
$1,116
Gross Rent Multiplier
14.04
Total Expenses
$8,182
Cap Rate
4.88
Total Number of Units
2
Unit Name
3801 3803
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1972
Roof
Composition
Site Features
Fenced-Fully
Energy Source
Electric
School District
Puyallup
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$3,650
Gross Scheduled Income
$43,800
Gross Adjusted Income
$38,193
Tax Year
2025
Insurance Expense
$1,459
W/S/G Expenses
$1,116
Total Expenses
$8,182
Net Operating Income
$30,011
Gross Rent Multiplier
14.04
Cap Rate
4.88
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.
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