1637 Center Street, Tacoma, WA 98409
Local realty services provided by:RSVP Brokers ERA
Listed by: rob mitchell
Office: windermere prof partners
MLS#:2370493
Source:NWMLS
1637 Center Street,Tacoma, WA 98409
$725,000
- 1 Beds
- 1 Baths
- 6,000 sq. ft.
- Single family
- Active
Price summary
- Price:$725,000
- Price per sq. ft.:$120.83
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:December 27, 2025 at 06:52 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:$725,000
- Price per sq. ft.:$120.83
- Tax amount:$4,260 (2025)
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