Active Under Contract · Residential

305 S 35th Street , Tacoma, WA 98418

Tacoma, WA 98418

$625,000

5 bedrooms · 2 bathrooms · 2,331 sq ft

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Listing provided by Redfin · MLS #2543226 · Active Under Contract

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About this property

Rare investment 5BR + 1BR ADU duplex opportunity on the tree-lined streets of S 35th St in Tacoma! Spanning a substantial 2,813 sqft on a level lot, this fully stabilized, tenant-occupied asset blends classic charm, modern upgrades, & exceptional URX zoning potential (zero-foot setbacks/12-yr tax abatement available for future ADU/multiplex development). Enjoy a neighborhood lifestyle close to McKinley, Lincoln District, & light rail/transit. Offering a flexible layout with 2 beds/1 bath on the main level & 3 beds/1 bath upstairs. Designed for premium communal living. Spacious common areas come fully furnished, while 5 unfurnished bedrooms allow for tenant customization. Features individual room rentals to maximize cash flow, a Rainier view from the dining room, and Sound/downtown views from the 3rd story. Tenants enjoy a dedicated laundry room in a massive lower storage area for bikes/gear. Lower Unit (1 Bed/1 Bath) Completely separate with a spacious layout: large living room, dining room with a charming built-in banquette, fully equipped kitchen, separate laundry room, & potential for a 2nd bedroom for the ADU in the common storage area. Outdoor entertainment provides tenants a shared backyard- fully fenced, featuring newer cedar fencing, a patio, a dedicated garden space, and 2 off-street rear parking spots. Do not miss out on this one where you can live up or downstairs and let the rental income offset your mortgage, or keep is as a low-vacancy, cash-flowing gem!

Property details

Property type: Single Family Residence
Year built: 1947
Lot size: 6,500 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $5,354 (2025)
Parking spaces: 2
School district: Tacoma

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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