Tacoma, WA 98409 3510 S 40th Street # 1-3
$574,950
Pending
19 more
Presented By: Theory Real Estate and NWMLS
- MLS# 2410056
- 07/19/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 1,650
Home Details
Fully Updated TRIPLEX near the bustling art/music/restaurant hot-spot of South Tacoma Way! This Multifamily Investment Opportunity provides the rare chance for new investors to enter the market with a house hacking opportunity. Unit C is currently vacant and ready for move in today! Adjacent units are occupied with leases at current market rent prices!! Each unit is 550 sq ft, 1 bedroom, 1 bathroom complete with Luxury Vinyl Plank! Kitchen features updated appliances, shaker cabinets and modern lighting. Vaulted ceilings create open and bright space. Dedicated Washer/Dryer in each unit + private 550 sqft garage! Walk to public transportation, parks, grocery and much more! This one is a no-brainer. Go get it!
Presented By: Theory Real Estate and NWMLS
Interior Features for 3510 S 40th Street # 1-3
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringVinyl Plank
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories2
General for 3510 S 40th Street # 1-3
Assoc/CICMulti-Family
Building Area UnitsSquare Feet
Cap Rate5.3
Carport Spaces
Carport Y/NNo
CityTacoma
CoolingNone
CountyPierce
DirectionsGoogle Maps
Electric Expense2454
Elementary SchoolBuyer To Verify
Fuel Expense
HOANo
HOA Fee$
HeatingWall Unit(s)
High SchoolBuyer To Verify
High School DistrictTacoma
Insurance Expense3000
Leasable Area1650
Listing TermsCash Out, Conventional, FHA, State Bond, VA Loan
Lot Size Square Feet4872
Lot Size UnitsSquare Feet
MLS Area46 – South Tacoma
Middle/Junior High SchoolBuyer To Verify
ModificationTimestamp2025-08-26T20:13:10.435Z
NWM_ShowMapLinkY
Net Operating Income30698
New ConstructionNo
Number Of Units Total3
Open Parking Spaces3
PossessionClosing
Possible UseResidential
Property ConditionGood
Property Style53 – Tri-plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksFully Updated TRIPLEX near the bustling art/music/restaurant hot-spot of South Tacoma Way! This Multifamily Investment Opportunity provides the rare chance for new investors to enter the market with
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusPending
StatusPending Inspection
Structure TypeTriplex
Subdivision NameSouth Tacoma
Tax Annual Amount5482
Tax Year2025
Unit Number1-3
Units Below Gradefalse
Units In Building Total3
ViewTerritorial
Water CompanyTPU
Water Sewer Garbage2454
Year Built1988
Zoning DescriptionResidential
Exterior for 3510 S 40th Street # 1-3
Building Area Total1650
Covered Spaces3
Exterior AmenitiesWood Products
Foundation DetailsBlock, Poured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesCurbs, Paved, Sidewalk
Lot Size Acres0.1118
Parking Uncovered Spaces3
Site FeaturesHigh Speed Internet
Total Parking6
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Buyer To Verify High School
Elementary School
Buyer To Verify Elementary School
Middle School
Buyer To Verify Middle School
Josh QA1
REALTOR ® SRES ®