1637 Center Street, Tacoma, WA 98409

Local realty services provided by:Knipe Realty ERA Powered
Listed by:rob mitchell
Office:windermere prof partners
MLS#:2370493
Source:NWMLS
1637 Center Street,Tacoma, WA 98409
$799,500
  • 1 Beds
  • 1 Baths
  • 6,000 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$799,500
  • Price per sq. ft.:$133.25

About this home

This property is 3 different lots. There is a tri-plex with 3 rental units, with rents of $4625 per mo. There is a home behind the tri-plex which rents for $1750 per mo. and another home behind that home that rents for $1950. in addition, there is a vacant lotto the East that is approx. 100 ft. and 40 feet in Center Street. There is a gross scheduled rental income of $99,900 at current rents which are low. The expenses of taxes @ $4260, sewer is $12,000 per year, and insurance of $3461. Tenant pays for their own water and electrical. Property is currently managed for the absentee owner. if you manage yourself, it can be a great investment with good cash flow. (9% cap rate at present.) Contract available.

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Home facts

  • Year built:1970
  • Listing ID #:2370493
  • Updated:September 29, 2025 at 08:51 PM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:6,000 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1970
  • Building area:6,000 sq. ft.
  • Lot area:0.23 Acres

Schools

  • High school:Foss
  • Elementary school:Stanley

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$799,500
  • Price per sq. ft.:$133.25
  • Tax amount:$4,260 (2025)
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