7374 S Alaska Street, Tacoma, WA 98408
Local realty services provided by:CENTURY 21 North Homes Realty
Listed by: michael haas
Office: compass
MLS#:2594670
Source:NWMLS
7374 S Alaska Street,Tacoma, WA 98408
$575,000
- 8 Beds
- 3 Baths
- 2,960 sq. ft.
- Single family
- Active
Price summary
- Price:$575,000
- Price per sq. ft.:$194.26
About this home
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!...
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Home facts
- Year built:1961
- Subdivision & Development:South Tacoma
- Listing ID #:2594670
- Updated:October 25, 2026 at 11:22 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:3
- Full bathrooms:3
- Bedroom Description:Main Level Bedrooms : 8
- Living area:2,960 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1961
- Building area:2,960 sq. ft.
- Lot area:0.18 Acres
- Lot Features:Corner, Curbed Lot, Paved, Sidewalk
- Construction Materials:Wood Exterior Finish
- Exterior Features:Fenced-Fully, Patio
- Foundation Description:None
- Levels:2 Story
Schools
- High school:Mt Tahoma
- Middle school:Baker
- Elementary school:Birney
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$575,000
- Price per sq. ft.:$194.26
- Tax amount:$6,060 (2026)
Features and amenities
- Amenities:Cable TV
Parking
- Total parking spaces:7
- Parking description:Detached Garage
- Garage:Yes
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