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About this home
Located in the Lincoln District, this traditional duplex offers an abundance of local amenities, and fantastic access to I-5. Over $250k was spent updating this property to make it ready to provide the new owners. This tastefully renovated home will offer many years of low-maintenance ownership due to the update of all major systems, in addition to the renovation, including electrical, plumbing, insulation, baths, and kitchen. Listing agent is also manager of the LLC selling the property.
Lincoln, located between Downtown Tacoma and the Puyallup River, is a historic and residential Tacoma neighborhood with a walkable main street and a strong international food scene. The neighborhood’s character concentrates along South 38th Street near Yakima Avenue, where taquerias, panaderías, produce markets, and small storefronts keep the sidewalks active. Early-20th-century Craftsman and Tudor homes line the gridded streets, with mature trees and pocket parks breaking up the blocks. Lincoln Park’s lawns, play areas, and community center set a steady daily rhythm. The Lincoln District corridor adds a practical, lived-in feel, with local shops and casual eateries. Tacoma’s Eastside street network and nearby transit routes connect the neighborhood to the rest of the city.
Provided by Walk Score and Local Logic
Offer insights
763 & 765 S 39th St · $625,000
$633K and above
75% chance or better to win
Why $633K+ is a strong offer
SALE-TO-LIST
99.2%
Most homes are selling 1% below list price.
LIST PRICE
$625,000
Median list price in this area is $620,156. (1% lower than this home)
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Baseboard and forced air heating
No central cooling
Bedrooms
Unit 1: 1 bedroom
Unit 2: 2 bedrooms
Bathrooms
Unit 1: 1 bathroom
Unit 2: 1 bathroom
Kitchen
Both units include range/oven
Both units include refrigerator
Both units include dishwasher
Laundry & utility
Both units include washer and dryer hookup/utilities
Heating & cooling
Has heating
Heating types: baseboard, forced air
No cooling
Exterior features
Brick exterior
Located on a 0.0704-acre lot
Home design
Duplex (residential income, multi-family)
One story
Parking
Covered parking space (1)
Construction
Brick construction
Composition roof
Effective year built 2020
Utilities
Electric energy source
Water service by TPU
Sewer connected (TPU)
Power provided by Tacoma
Financial info
Listing terms: Cash or Conventional
Gross scheduled income: $60,000
Gross adjusted income: $54,000
Total monthly income: $5,000
Net operating income: $41,415
Total annual expenses: $12,585
Electric expense: $1,500
Fuel expense: $500
Insurance expense: $3,700
Other expenses: $500
Gross rent multiplier: 11.06
Vacancy rate: 10%
Other
Two total units
Unit 1 actual rent: $2,200
Unit 2 actual rent: $2,800
Unit 1 size: 600
Unit 2 size: 1,150
Total building area: 1,759
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
—
Lot width
56 ft.
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Pierce County
APN
8935017810
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2025.
NCX
Neighborhood Commercial Mixed-Use District
To provide areas primarily for immediate day-to-day convenience shopping and services at a scale that is compatible and in scale with the surrounding neighborhood, including local retail businesses, professional and business offices, and service establishments. This district is intended to enhance, stabilize, and preserve the unique character and scale of neighborhood centers and require, where appropriate, continuous retail frontages largely uninterrupted by driveways and parking facilities with street amenities and direct pedestrian access to the sidewalk and street. Residential uses are encouraged as integrated components in all development.
Permitted uses
Include but are not limited to:
Day care facility
General retail
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Hotel / motel
Mixed use
Office
Park & open space
Mar 7, 2025 • Final
Wastewater connection
Repair a sanitary sewer line at a single-family home. Perform an open trench excavation pending approval of the cured-in-place pipe method. All work is to be conducted on private property with no work in the right-of-way.
Plumbing
Jun 4, 2024 • Final
Residential mechanical
Install a gas line for a furnace and range at a single-family home.
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 86° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
7/10 Air Factor
10 unhealthy days expected this year, 12 days in 30 years
Provided by First Street
Historical weather
Tacoma, WA • 98418
Average low and high temperatures (°F)
47
35
49
37
54
41
62
43
68
48
74
53
79
57
79
59
74
54
61
47
53
43
49
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
71/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.6 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 763 & 765 S 39th St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $435,000 and $545,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $435K to $545K.