619 S 35th St

7
Baths
2,934 Sq. Ft.
$409 / Sq. Ft.
2,934
Sq. Ft.
$409
per Sq. Ft.

Description

This new construction four-plex offers a high-yield investment opportunity featuring a 12-year "land only" tax abatement and a strategic mix of four units designed for maximum rentability and minimal maintenance. Generating $7,380 in monthly rental income with extra low expenses and maintenance, the property consists of two detached 1,018 SF single-family homes and two efficient 449 SF duplex units. The detached homes are thoughtfully crafted for tenant independence, offering a 2-bedroom, 2.5-bathroom...This new construction four-plex offers a high-yield investment opportunity featuring a 12-year "land only" tax abatement and a strategic mix of four units designed for maximum rentability and minimal maintenance. Generating $7,380 in monthly rental income with extra low expenses and maintenance, the property consists of two detached 1,018 SF single-family homes and two efficient 449 SF duplex units. The detached homes are thoughtfully crafted for tenant independence, offering a 2-bedroom, 2.5-bathroom layout where each bedroom features an ensuite bath—a design specifically chosen to accommodate housemate arrangements and increase the tenant pool. These units include premium finishes such as quartz countertops, stainless steel appliances with islands, and full-size laundry. Complementing the larger homes are two 1-bedroom, 1-bathroom duplex units that maximize space with full kitchens and in-unit washers and dryers. To ensure long-term durability and low overhead, all units are equipped with ductless mini-split HVAC systems, ERV fresh air systems for superior air quality, and faux wood blinds. Positioned near key arterials, schools, and local amenities, this turnkey property balances sophisticated site design with a robust financial profile.
  1. Listed by Ryan D Meacham • Windermere Prof Partners

Property Details for 619 South 35th Street

Community Name
Lincoln
School District
Tacoma
View
City, Partial
Total Covered Parking
0
Entry Date
01-26-2026
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 01/26/2026 08:28 AM

Property Details for 619 South 35th Street

StatusActive
MLS #2471932
Days on Market12
Cumulative Days on Market12
Taxes$2,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2026
Lot Size0.08 AC / 3,640 SF
CountyPierce County

Location

Listing Courtesy of Windermere Prof Partners
Add your commute

Building Information for 619 South 35th Street

Stories2Residences4Year Built2026Building Size-Lot Size0.08 AC / 3,640 SF

Payment Calculator

$6,015 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,849

Property Taxes

$167

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 619 South 35th Street

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Fenced-Partially, High Speed Internet
  • Area: 54 - South Tacoma
  • Effective Year Built Source: Public Records
  • Directions: Use GPS.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2026
Parking
  • Garage Spaces: 0.0
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking: No
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: Vinyl Plank
  • New Construction: Completed
  • Amenities: Energy Package,Thermal Windows
  • Cooling: Yes
  • Cooling: Ductless
  • Fireplace: No
  • Heating: Yes
  • Heating: Ductless
  • FIRPTA: No
Exterior Features
  • Exterior: Cement Planked
  • Roof: Composition
  • Security Features: Partially Fenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 6000
  • Power Company: TPU
  • Sewer Company: TPU
  • Water Company: TPU
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: Yes
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Remarks: Multi-Family
  • Estimated Completion Date: 2026-01-28
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Builder Plans
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2026
  • Photos Count: 30
Lot Information
  • Lot Details: Alley, Curbs, Paved, Sidewalk
  • Lot Size Source: Pierce County
  • Parcel Number Free Text: 2085030030
  • Building Condition: Very Good
  • Calculated Square Footage: 2934
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2934.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Green Energy Efficient: Thermal Windows
Multi Family
Building Details
  • Total Uncovered Parking: 2
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 9800
  • Gross Adjusted Income: 84132
  • Gross Rent Multiplier: 13.55
  • Gross Scheduled Income: $88,560
  • Insurance Expense: $1,800
  • Net Operating Income: $74,332
  • Other Expenses: $0
  • Total Monthly Income: 7380
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A. Front
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1018
  • Rent Unit 1: $2,245.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 3
Unit 2
  • Name Unit 2: B. Middle
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1018
  • Rent Unit 2: $2,245.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 3
Unit 3
  • Name Unit 3: C. Lower
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 449
  • Rent Unit 3: $1,395.00
  • Bedrooms Unit 3: 1
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: D. Upper
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 449
  • Rent Unit 4: $1,395.00
  • Bedrooms Unit 4: 1
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Vacant
  • Leasable Area: 2934.0

Property History for 619 South 35th Street

DateEvent & SourcePriceAppreciation
Jan 26, 2026

Listed (Active)

NWMLS #2471932

$1,200,000
Feb 23, 2024

Sold

NWMLS #2167111

$175,000
Feb 20, 2024

Sold (Public Record)

Public Record #1527714458

$175,000
Jan 27, 2024

Pending

NWMLS #2167111

Sep 29, 2023

Listed (Active)

NWMLS #2167111

$225,000
Jan 4, 2021

Sold

NWMLS #1672552

$61,126
Dec 4, 2020

Pending

NWMLS #1672552

Oct 2, 2020

Listed (Active)

NWMLS #1672552

$99,000
DateEvent & SourcePrice
01/26/2026

Listed (Active)

NWMLS #2471932

$1,200,000
02/23/2024

Sold

NWMLS #2167111

$175,000
02/20/2024

Sold (Public Record)

Public Record #1527714458

$175,000
01/27/2024

Pending

NWMLS #2167111

09/29/2023

Listed (Active)

NWMLS #2167111

$225,000
01/04/2021

Sold

NWMLS #1672552

$61,126
12/04/2020

Pending

NWMLS #1672552

10/02/2020

Listed (Active)

NWMLS #1672552

$99,000

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

Public Records for 619 South 35th Street

Taxable ValueLand$125,100Additions-Total$125,100
Tax Record2025$1,369 ($114 / month)
Home Facts
Beds0Lot Size3,640 SqFtStyleResidentialZoningC2CountyPIERCEAPN2085030030

Schools near 619 South 35th 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 5
Rating
School
Distance
Lyon Elementary School
PublicPK to 5

Stewart Middle School
Public6 to 8

Lincoln High School
Public9 to 12

Tacoma Online Elementary School
PublicK to 5

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.

Similar Homes

Similar Sold Homes

619 South 35th Street is a multi-family home for sale in Tacoma, WA 98418. This property was listed for sale on January 26, 2026 by Windermere Prof Partners, it's currently listed at $1,200,000. It has been on the market for a total of 12 days and was last sold on February 23, 2024. This listing's school district is Tacoma School District. Nearby schools include Lyon Elementary School, Stewart Middle School and Lincoln High School. 619 South 35th Street is a 6-bed, 7-bath, 2,934 sqft multi-family home built in 2026.

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 Windermere Prof Partners

Based on information submitted to the MLS GRID as of 01/26/2026 08:28 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.