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8314 S Park Avenue, Tacoma, WA, 98408

4beds
2baths
1,664sqft
$549,900
$330price/sqft
$3,479/moest. monthly cost
$139,160/yrincome needed

About This Home

Turnkey Duplex Opportunity in Tacoma’s Fern Hill District! Ideal for owner-occupants looking to live in one unit and rent the other, or investors seeking a fully updated, income-producing property. This 1981 duplex has been thoughtfully remodeled with modern finishes throughout, including hardwood and tile flooring, solid core doors, updated countertops, and stylish stone backsplashes. Each unit features a new Samsung stainless steel 4-piece appliance suite and efficient 18K BTU mini-split systems for heating and cooling. Exterior upgrades include new siding and fresh interior and exterior paint. The property offers a fully fenced yard, privacy gate, and 3–4 off-street parking spaces—perfect for tenants or multi-vehicle households. Zoned C1, this property also presents future development or expansion potential, adding long-term upside for savvy buyers. Conveniently located near amenities, schools, and commuter routes. A rare blend of comfort, cash flow, and opportunity! Seller giving up to $5000 towards rate buy down! See today!

Getting Around

68
WalkingSomewhat Walkable
0
TransitVery Limited Transit
58
BikeBikeable

Schools

5/10
4/10
Baker Middle SchoolGrades 6-80.2 mi
1/10
Mt Tahoma High SchoolGrades 9-122.7 mi

Construction

Condition

  • Property condition: Good
  • Year built: 1981

Materials

  • Foundation: Poured Concrete
  • Roof: Composition,See Remarks
  • Construction materials: See Remarks,Wood Siding,Wood Products

Notable Dates

  • Major remodel year: 2001

Type & Style

  • Home type: MultiFamily
  • Architectural style: Duplex
  • Property subType: Duplex,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Features

  • Flooring: Ceramic Tile,Hardwood,See Remarks

Heating & Cooling

  • Heating features: Baseboard,Ductless,See Remarks,Electric,See Remarks
  • Cooling features: Ductless

Interior Area

  • Total structure area: 1,664
  • Total interior livable area: 1,664 sqft

Property

Details

  • Parcel number: 3815000090
  • Zoning description: Commercial,Residential,See Remarks,Jurisdiction: City
  • Special condition: Standard

Lot

  • Lot size: 4,438 sqft
  • Features: Curbs,Paved,Sidewalk,Cable TV,Deck,Fenced-Fully,Gas Available,High Speed Internet,Outbuildings

Parking

  • Total spaces: 4
  • Uncovered spaces: 4