3609 N 26th Street, Tacoma, WA 98407

$787,000
2,256
SqFt

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Listing courtesy of Windermere Prof Partners.

List Price
$787,000
Status
ACTIVE
MLS#
2538890
Price Change
▼ $38,000 1786758343
Days on Market
55
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
2,256
Area Total SqFt
2256
Annual Tax Ammount
6853
Internet Provider
Comcast
Lot Size (sq ft)
4,300
Sewer
Sewer Connected

Property Description

Turn Key Asset in the Heart of the Coveted Proctor District (2 Blocks off Proctor) with Serious Period Charm. Main Floor Spacious Unit includes 2 Bedroom and 1 Bath, Living and Dining areas, and French Doors to the Large Covered Deck Overlooking a Lovely Landscaped and Private and Fully Fenced Backyard. The Lower Living Area can be accessed from Main Floor Unit and also has private entrance. It could be used for Guests or Multi-generational, Flex space or Airbnb and Includes Kitchenette, 3/4 bath, Living area, and Non Conforming Bedroom. Upper Unit has 2 Bedroom/1 Bath, Private Deck and is presently occupied with Long Term Happy Tenant on Month to Month Tenancy at $1725/mon. All Units have been Updated and All Have W/Ds. Roof is 3 Years Young, Elec was updated between 2006 and 2010. This Versatile Turn Key Property has so much to Offer both Seasoned Investor or Owner Occupants.Zoning Allows for More Units, Convert Existing Garage to DADU (Buyer to Verify). Proforma Market Rent for Main Floor and Lower Level at $3000/mon. Large 2 Car Oversized Garage with Work Bench Area/Potting Area and Plenty of Shelving & can Provide Additional Income. It has been Rented in the past for $250/month. Seller has been meticulous in the care of the property. A Great Opportunity to own a Multi Unit in this Desirable Neighborhood. Walk to Sat Farmer's Market, UPS, Cafes, Wine Bar, Dining and Met Market. Mason Middle School, Stadium HS and Washington Hoyt Elementary are all Highly Rated Schools.

Additional Information

List Date
2026-07-07 15:11:11
Community
Proctor
Net Operating Income
$44,947
Gross Adjusted Income
$56,700
Gross Scheduled Income
$56,700
Total Monthly Income
$4,725
Insurance Expenses
$2,200
Water/Sewer/Garbage Expenses
$2,700
Gross Rent Multiplier
13.81
Total Expenses
$11,753
Cap Rate
5.7
Total Number of Units
2
Unit Name
3609
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1918
View
Partial
Roof
Composition
Site Features
Deck, Fenced-Fully, Fenced-Partially, Gas Available, High Speed Internet
Energy Source
Electric, Natural Gas
School District
Tacoma
Elementary School
Wash-Hoyt
Middle School
Mason
High School
Stadium
Total Monthly Income
$4,725
Gross Scheduled Income
$56,700
Gross Adjusted Income
$56,700
Tax Year
2026
Insurance Expense
$2,200
W/S/G Expenses
$2,700
Total Expenses
$11,753
Net Operating Income
$44,947
Gross Rent Multiplier
13.81
Cap Rate
5.7
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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