All homes

$650,000

Reduced $225,000 — was $875,000

1637 CENTER Street

Tacoma, WA 98409

Active

Beds

1

Baths

1

Sq Ft

6,000

Lot

0.23 ac

Year built

1970

Type

Residential

Days listed

93

MLS #

2370493

About this home

SELLER WANTS AN OFFER..... ANY OFFER AND HE WILL CONSIDER SELLING... OFFERED AS IS...... ALL CASH.... SELLER WANTS THIS SOLD. 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.) Seller wants this property SOLD TODAY. BRING AN OFFER AND SELLER WILL ACCEPT A CASH OFFER AS IS..... He will not do any work. YOUR ELBOW GREASE WILL MAKE THIS A CHARM.

Exterior features

WoodWood Products

Appliances

See Remarks

Schools

Elementary

Stanley

High

Foss

Property details

Heating
Baseboard
Cooling
None
Flooring
Hardwood
Parking
None
Water source
Public
Sewer
Sewer Connected
Style
See Remarks
Levels
Two

Costs

Price / sq ft
$108
Annual taxes
$4,260 (2025)

Estimate your monthly payment

$3,642/mo

Principal & interest
$3,287
Property taxes
$355
Loan amount $520,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Tacoma, WA 98409

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Windermere Prof Partners— Rob Mitchell.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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