Off-market duplex in 98418

[Pete M.]

Hi all,

Looking to make my first investment property deal, and a broker brought me an off-market deal in the 98418 area (east of Tacoma Mall). The place is a 3/1 (1850 sq ft) and 1/1 (1050 sq ft) currently, converted SFH--I can buy at $290k. He thinks it can rent for $2750 gross monthly rent (about $1750 on the 3/1, and $1000 on the 1/1), but it's currently renting for drastically less (current owner lives in VA).

I've also posted this in the deal advice forum here, but I'm hoping to get an opinion from locals on this part of town.  It's definitely not an "A" neighborhood--I'd call it a "C," but want to hear from others on this area.

Thanks.