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7374 S Alaska ST, Tacoma, WA 98408
7374 S Alaska ST, Tacoma, WA 98408
7374 S Alaska ST, Tacoma, WA 98408
39
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Listed by:COMPASS • Michael Haas
$575,000
Est. payment /mo
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8 Beds
3 Baths
2,960 SqFt
Active

7374 S Alaska ST Tacoma, WA 98408

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Henry Jamerson

Henry Jamerson

+1(206) 839-6096

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,960 sqft

Price per Sqft $194

Subdivision South Tacoma

MLS Listing ID 2588374

Style 55 - 5-9 Units

Bedrooms 8

Year Built 1961

Annual Tax Amount $6,060

Lot Size 7,850 Sqft

Property Sub-Type Multi Family

Property Description

They said the "1% Rule" was impossible - but this Tacoma rental delivers! This income-producing property sits on a spacious corner lot with an oversized 720 SF detached garage for parking & storage, equipped with its own electrical service panel & meter. Flexible room-rental configuration with 8 furnished rooms, 3 bathrooms, 8 individual mini fridges, and a common area with kitchen & washer/dryer. Sold fully furnished, mostly occupied & systemized for immediate cashflow! Renovated for longevity with a new 30-year Pabco Premier roof, sheeting, gutters, exterior siding & paint in 2024, plus new hot & cold water lines in 2026 and a recently replaced water heater. A property with substantial updates, functional living spaces, parking & lots of potential. Conveniently located near Wapato Park, I-5, transit, shopping, fitness, dining & JBLM. Investments like this don't come often - ask the listing agent for ROI spreadsheets showing over $875 in monthly cashflow after conservative accounting for vacancy, reserves & actual expenses! Message listing agent for room-rental lender recommendations.

Location

State WA

County Pierce

Area 53 - South Tacoma

Interior

Fireplace false

Exterior

Exterior Feature Wood

Garage Spaces 4.0

Amenities Available Cable TV, Fenced-Fully, Patio

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Corner Lot, Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Birney

Middle Schools Baker

High Schools Mt Tahoma

School District Tacoma

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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