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Active · Residential Income

2346 Fawcett Avenue , Tacoma, WA 98402

Tacoma, WA 98402

$524,700

— bedrooms · — bathrooms · 0 sq ft

Listing provided by Multifamily Properties · MLS #2576063 · Active

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About this property

*PRICE DROP!* HOUSE HACKER or INVESTOR SPECIAL ON HILLTOP! It has been maintained incredibly well by the owner for over 20 years. Nearly $70,000 in recent improvements! New roof $17k, exterior paint $17k, lower unit remodel $31k & new alley gate $3245. Rare, high quality duplex where the big-ticket work has already been done. Perfect first rental property or if looking to expand your current portfolio. Both apts are 2-bed, 1-bath units with access to shared laundry. Main level lease expired OCT 1. Upstairs tenant is MTM. Both have been served $50 increase notices effective NOV 1, 2026. Opportunity to recapture w/s/g via RUBS. Gated, off-street parking available. For the owner-occupant, live in one unit while the second unit helps offset your housing costs, the classic house-hack strategy with the added benefit of owning a property with strong long-term investment potential. The location is another major asset. Situated near the heart of Tacoma, residents enjoy convenient access to Downtown, UW Tacoma, employment centers, dining & public transportation. Beer lovers: the duplex is on the same street as E9 Brewing & Redd Dog Brewing! Nearby transit options for residents commuting throughout Tacoma & the South Sound. This property is ready for its next owner to enjoy rather than inherit a heavy cap ex/renovation list. Easy to self-manage. Seller's exit is your gain. Lot may accommodate future DADU development. Buyer to verify measurements, zoning, rents & financing eligibility.

Property details

Property type
Multi Family
Year built
1905
Lot size
6,000 sq ft
Association dues
$0 · frequency not provided
Annual property tax
$5,041 (2026)
Parking spaces
0
School district
Tacoma
Northwest MLSMLS GRID

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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Enrique Pelayo Jr., designated broker at The Broker Team in Edmonds, WA

A REAL CONVERSATION. A CLEAR NEXT STEP.

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Buying, selling, or weighing your options? Tell me what you’re considering. We’ll talk through where to start.

Enrique Pelayo Jr. · English & Spanishenrique@thebroker.team