$689,010
Est. $3,502/mo1 bd•1 ba•6,000 sq ft
1637 Center Street, Tacoma, WA 98409
• Listed 2025-05-05•20 days on market
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****** HIGHLY MOTIVATED SELLER WANT TO SELL***** BRING OFFERS****** 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.) PLEASE ALLOW 2 DAYS FOR ANY OFFER. Contract available.
Listed by Rob Mitchell • Windermere Prof Partners
Listing updated: July 1, 2026 at 12:47pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2370493
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1637 Center Street, Tacoma, WA 98409
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Tacoma School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Tacoma is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 19 days.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
