238-240 S 70th St

3.5
Baths
2,700 Sq. Ft.
$433 / Sq. Ft.
2,700
Sq. Ft.
$433
per Sq. Ft.

Description

Each unit has 3 bedrooms and 1.75 bathrooms. Once in a lifetime opportunity has hit the market. Whether this opportunity is for a quick return on your investment or a long term wealth building strategy, this Turn Key Asset will produce upon your acquisition. Its proximity to amenities and thriving neighborhood is certainly a crowd pleaser. Strategically positioned in a prime location, this income generating asset which is close to public transit and in an area of strong rental demand with zero vacancy...Each unit has 3 bedrooms and 1.75 bathrooms. Once in a lifetime opportunity has hit the market. Whether this opportunity is for a quick return on your investment or a long term wealth building strategy, this Turn Key Asset will produce upon your acquisition. Its proximity to amenities and thriving neighborhood is certainly a crowd pleaser. Strategically positioned in a prime location, this income generating asset which is close to public transit and in an area of strong rental demand with zero vacancy is a must see for anyone looking for future wealth creating rewards and potential growth.
  1. Listed by Gene Quinney • Northwest Home Sales

Property Details for 238-240 South 70th Street

Community Name
Hillsdale
School District
Tacoma
Number of Assigned Spaces
4
Total Covered Parking
2
Entry Date
05-23-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 01/14/2026 08:13 AM

Property Details for 238-240 South 70th Street

StatusActive
MLS #2372040
Days on Market276
Cumulative Days on Market276
Taxes$6,368 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1951
Lot Size0.14 AC / 6,000 SF
CountyPierce County

Location

Listing Courtesy of Northwest Home Sales
Add your commute

Building Information for 238-240 South 70th Street

Stories1Residences2Year Built1951Building Size-Lot Size0.14 AC / 6,000 SF

Payment Calculator

$6,233 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,702

Property Taxes

$531

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 238-240 South 70th Street

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Gas Available, High Speed Internet
  • Area: 60 - Southeast Tacoma
  • Effective Year Built Source: Public Records
  • Directions: On the corner of 70th and D St.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Garage Spaces: 2.0
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Ceramic Tile, Vinyl, Carpet
  • Amenities: Basement
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
Property
Utilities
  • Water/Sewer/Garbage: 0
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Remarks: See Remarks
  • First Right Of Refusal: false
  • Possible Use: See Remarks
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1980
  • Photos Count: 8
Lot Information
  • Lot Details: Corner Lot, Paved, Sidewalk
  • Lot Size Source: PR
  • Parcel Number Free Text: 6615002440
  • Building Condition: Good
  • Calculated Square Footage: 2700
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2700.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 2
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: false
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 7448
  • Gross Adjusted Income: 37552
  • Gross Rent Multiplier: 26.7
  • Gross Scheduled Income: $45,000
  • Insurance Expense: $1,080
  • Net Operating Income: $37,552
  • Other Expenses: $0
  • Total Monthly Income: 3750
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 238
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 1350
  • Rent Unit 1: $1,795.00
  • Bedrooms Unit 1: 3
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: 240
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 1350
  • Rent Unit 2: $1,955.00
  • Bedrooms Unit 2: 3
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2700.0

Property History for 238-240 South 70th Street

DateEvent & SourcePriceAppreciation
Oct 21, 2025

Price Change

NWMLS #2372040

$1,170,000—
May 23, 2025

Listed (Active)

NWMLS #2372040

$1,200,000—
DateEvent & SourcePrice
10/21/2025

Price Change

NWMLS #2372040

$1,170,000
05/23/2025

Listed (Active)

NWMLS #2372040

$1,200,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 238-240 South 70th Street

Taxable ValueLand$162,200Additions$361,700Total$523,900
Tax Record2023$5,439 ($453 / month)
Home Facts
Total Finished SqFt1,800 SqFtAbove Ground SqFt1,800 SqFtStories1Lot Size6,000 SqFtStyleDuplexYear Built1959Year Renovated1978ZoningR4LCountyPIERCEAPN6615002440

Schools near 238-240 South 70th Street

This home is within Tacoma School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Fawcett Elementary School
PublicPK to 5

Stewart Middle School
Public6 to 8

Mt Tahoma High School
Public9 to 12

Tacoma Online
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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238-240 South 70th Street is a multi-family home for sale in Tacoma, WA 98408. This property was listed for sale on May 23, 2025 by Northwest Home Sales, it's currently listed at $1,170,000. This listing's school district is Tacoma School District. Nearby schools include Fawcett Elementary School, Stewart Middle School and Mt Tahoma High School. 238-240 South 70th Street is a 6-bed, 3.5-bath, 2,700 sqft multi-family home built in 1951.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Northwest Home Sales

Based on information submitted to the MLS GRID as of 01/14/2026 08:13 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.