2152 S -54 J St Street, Tacoma, WA 98405

$565,000
2,679
SqFt

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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
Area Total SqFt
2679
Annual Tax Ammount
5351
Lot Size (sq ft)
4,200
Sewer
Sewer Connected

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.

Additional Information

List Date
2026-07-24 00:43:11
Community
Hilltop
Net Operating Income
$19,886
Gross Adjusted Income
$19,886
Gross Scheduled Income
$32,400
Total Monthly Income
$2,700
Insurance Expenses
$3,163
Water/Sewer/Garbage Expenses
$4,000
Gross Rent Multiplier
17.4
Total Expenses
$12,514
Cap Rate
3
Total Number of Units
2
Unit Name
2152
Potential Terms
Cash, Conventional, FHA, Rehab Loan, VA Loan
Year Built
1900
View
Mountains
Roof
Composition
Energy Source
Electric, Natural Gas
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
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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