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About the Listing 7912 - 120907
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!
Listing Highlights for 7374 S Alaska St
Status
Active
Days on Site
1
Property Type
Residential
MLS ®
2594670
Year Built
1961
Total Square Footage
2,960
Lot/Acreage
0.18
County
Pierce
Neighborhood
South Tacoma
Area
53 - South Tacoma
School District
Tacoma
Elementary School
Birney
Middle School
Baker
High School
Mt Tahoma
Interior Details
- Bedrooms: 8
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces: 0
- Floor:
- Basement:
- Other: Master on Main
- Water: TPU
Exterior Details
- Lot Description: Corner Lot,Curbs,Paved,Sidewalk,Built On Lot,Cable TV,Fenced-Fully,Patio
- Garage Capacity: N/A
- Parking Spaces: 7
- Roof: Composition
- Others: Wood
- Sewer: TPU
- Parking Features: Detached Garage,Covered
Financial Details
- Tax Amount: $6,060
- Taxes w/Assessments: N/A
- Tax/Property ID: 4530400130
- Tax Year: 2026
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
7374 S Alaska St Tacoma, WA 98408
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