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Listed by: Michael Haas (408) 439-7873 | COMPASS (206) 330-0314
$575,000
Monthly Est:$2,862
8 Beds
3 Baths3 full baths
2,960sqft
7374 S Alaska St, Tacoma, WA 98408
$575,000
$2,862/moEst:
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Single Family Residence
Built in 1961
$-- HOA
7,850 sqft lot
$194/sq.ft
Description
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!
- Houzeo last checked: 10 minutes ago
- Listing updated: October 15, 2026 at 12:03 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2594670
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
Year Built
1961
HOA Fees
-
Finished Area
2,960 sqft
Lot Size
7,850 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2594670
MLS Status
Active
Days on Market
6
Cumulative Days on Market
6
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 3
Bedroom
Level: Main
Bedroom
Level: Main
Bedroom
Level: Main
Bedroom
Level: Main
Bedroom
Level: Main
Bedroom
Level: Main
Bedroom
Level: Main
Bedroom
Level: Main
Bathroom Full
Level: Main
Bathroom Full
Level: Main
Bathroom Full
Level: Main
Interior
Exterior Features
Wood
Cooling
None
Heating
Forced Air
Sewer
Sewer Connected
Construction
Year Built
Year Built: 1961
Home type
Single Family Residence
Construction Materials
Wood
Roof
Composition
Foundation Details
Poured Concrete
Utilities & Energy
Basement
None
Security Features
Fully Fenced
Water Source
Public
Parking Features
Detached Garage
Other Features
Lot Features
Corner Lot, Curbs, Paved, Sidewalk
Subdivision Name
South Tacoma
Price History
| Date | Event | Price |
|---|---|---|
10/14/2026 Source: | Listed for Sale | $575,000 +109.47% $194/sqft |
10/31/2017 Source: | Sold | $274,500 $93/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 20, 2026, 02:02PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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