1637 CENTER Street, Tacoma, WA 98409 (MLS # 2370493)
Listing provided courtesy of Northwest MLS; Windermere Prof Partners
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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 Cneter Street. There is a gross scheduled rental income of $99,900 at current rents which are low. The expensese of taxes @ $4260, sewer is $12,000 per year, and insurance of $3461. Tentant 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.)
LAST UPDATED | 5/5/2025 | TRACT | Central Tacoma |
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YEAR BUILT | 1970 | COMMUNITY | Central Tacoma |
COUNTY | Pierce | STATUS | Active |
PROPERTY TYPE(S) | Single Family |
Elementary School | Stanley |
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High School | Foss |
ADDITIONAL DETAILS | |
AIR | None |
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AREA | 26 - Central Tacoma |
CONSTRUCTION | Wood Siding |
HEAT | Baseboard, Electric |
LOT | 10001 sq ft |
MLS STATUS | Active |
PARKING | None |
STORIES | 2 |
STYLE | 12 - 2 Story |
SUBDIVISION | Central Tacoma |
TAXES | 4260 |
UTILITIES | Sewer Connected |
WATER | Public |
SATELLITE VIEW |
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Properties with the icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/7/25 8:56 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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