7374 S Alaska St

Tacoma, WA 98408
  • $575,000

    Price
  • 8

    Bed
  • 3

    Bath
  • 2,960

    SqFt
  • 0.18

    Acre

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
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

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Listing Location

Questions About..

7374 S Alaska St Tacoma, WA 98408

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Originating MLS: nwmls

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Adam Wenzel

| Wenzel Homes | Fathom Realty

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