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 Type(s):
Single Family
|
Last Updated
|
6/25/2026
|
Tract
|
South Tacoma
|
|
Year Built
|
1947
|
Community
|
South Tacoma
|
|
County
|
Pierce
|
SCHOOLS
| Elementary School |
Buyer To Verify |
| Jr. High School |
Buyer To Verify |
| High School |
Buyer To Verify |
Additional Details
| AIR |
Ductless |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Electric Water Heater, Microwave, Refrigerator, Water Heater |
| AREA |
54 - South Tacoma |
| BASEMENT |
Finished, Yes |
| CONSTRUCTION |
Brick, Wood Siding |
| EXTERIOR |
Garden |
| FIREPLACE |
Yes |
| HEAT |
Ductless , Electric |
| INTERIOR |
Dining Room, Fireplace, Second Kitchen, Walk-In Closet(s), Water Heater |
| LOT |
6499 sq ft |
| LOT DESCRIPTION |
Curbs, Paved, Sidewalk |
| MLS STATUS |
Active |
| PARKING |
Driveway, Off Street |
| STORIES |
2 |
| STYLE |
18 - 2 Stories w/Bsmnt |
| SUBDIVISION |
South Tacoma |
| TAXES |
5354 |
| UTILITIES |
Sewer Connected |
| WATER |
Public |
Location
Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 6/29/26 3:38 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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