818 138th Street E · Tacoma, WA 98445
Source: NWMLS · Park 52, Inc. · Carrie Lee Jakeman-Swafford #NWM2566430
About this home
Don't miss this fantastic investment opportunity! Ideally located just minutes from shopping, Spanaway Park, I-5, SR-512, and JBLM, this well-maintained duplex offers the perfect combination of convenience and income potential.Whether you're expanding your investment portfolio or looking for an owner-occupied property with rental income, this duplex checks all the boxes. Both units are occupied by reliable long-term tenants, providing immediate, consistent rental income.Each unit features a bright, open-concept floor plan with vaulted ceilings, skylights, and a cozy gas fireplace and furnace (new in 816) that creates a warm and inviting living space. A private one-car garage for each unit adds everyday convenience and enhances tenant appeal.With a strong rental history, desirable layout, and prime location near major commuter routes and local amenities, this is an outstanding opportunity you won't want to miss.
Location
Basics
- Property type
- Multi Family
- Style
- Duplex
- Stories
- 1 story
- Condition
- Good
- Year built
- 2004 (renovated 2007)
- Building area
- 2,118 sq ft
- Lot size
- 10,792 sq ft (0.25 acres)
- County
- Pierce
- MLS #
- NWM2566430
Interior
- Heating
- Forced Air
- Cooling
- None
- Flooring
- Vinyl, Carpet
Exterior & lot
- Exterior features
- Metal/Vinyl, Wood
- Roof
- Composition
- Foundation
- Poured Concrete
- Lot features
- Paved
- Waterfront
- No
Parking
- Parking spaces
- 6
- Garage
- 2
- Covered spaces
- 2
Utilities
- Water
- See Remarks
- Sewer
- Sewer Connected
- Power
- Natural Gas
Community & fees
- Subdivision
- Parkland
- Property tax
- $6,233 (2026)
Transaction
- Listed on
- Aug 12, 2026
- Days on market
- 39
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Possession
- Subject To Tenant Rights
More homes nearby
Schools
School district: Franklin Pierce
- High
- Washington High SchoolSchoolDigger 1 star · Top 77% in WA

Listing provided courtesy of: Park 52, Inc.
Listing agent: Carrie Lee Jakeman-Swafford.
Based on information submitted to the MLS GRID as of —. 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. IDX information 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. Information is deemed reliable but not guaranteed.
Data last updated 2026-09-09.