6905 6509 S Madison Tacoma, WA $ 1,350,000
6905 6509 S Madison
$ 1,350,000
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6905 6509 S Madison

Tacoma, WA, 98409
$ 1,350,000
Baths0.0 Sq 5,304

Monthly Estimate*

$ 8,312

Listed by Lee & Associates Commercial RE
6905 6509 S Madison, Tacoma, WA 98409 - Image 1
6905 6509 S Madison, Tacoma, WA 98409 - Image 2
6905 6509 S Madison, Tacoma, WA 98409 - Image 3
6905 6509 S Madison, Tacoma, WA 98409 - Image 4
6905 6509 S Madison, Tacoma, WA 98409 - Image 5
6905 6509 S Madison, Tacoma, WA 98409 - Image 6
6905 6509 S Madison, Tacoma, WA 98409 - Image 7
6905 6509 S Madison, Tacoma, WA 98409 - Image 8
6905 6509 S Madison, Tacoma, WA 98409 - Image 9
6905 6509 S Madison, Tacoma, WA 98409 - Image 10
Studio

Multi-Family Home for sale in Tacoma, WA

for $1,350,000. This 5,304 square foot home was built in 1978 on a lot size of 0.21.

Investor Alert! Rare opportunity to acquire two one-story triplexes totaling 6 units in a highly convenient Tacoma location. These income-producing, hard-to-find assets feature three 2-bedroom / 1.5-bath units per building, each with washer/dryer hookups.Recent improvements include new roof and gutters, fresh exterior paint, and interior updates throughout. Each unit is equipped with carport parking and dedicated storage. Ideally located minutes to I-5 and SR-512, transit, schools, golf course, and Tacoma Mall. Buildings may be sold separately, offering flexibility for owner-occupants to live in one unit and rent the others, or for investors seeking stable cash flow.

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Multi-Family Active

Price

$ 1,350,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 14,168

Style

Tri-plex

Lot Size

0.21

Year Built

1978

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2467083

Features
General
Living Area 0
Sewer Available
Heating Baseboard
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Security Features Partially Fenced
Year Built 1978
Property Subtype Multi Family
Tax Year 2025
County Pierce
Net Operating Income 101224
Insurance Expense 2415
New Construction N
Property Type Residential Income
HOA N
Subdivision Name South Tacoma
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From S Tacoma Way W on S 74th then North on S Madison Property is on the right.
High School Mt Tahoma
City Tacoma
Senior Community Y/N N
High School District Tacoma
Zoning Description Multi-Family
Open Parking Spaces 0
Number Of Units Total 6
MLS Area 45 - South Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 9147
Carport Spaces 6
Carport Y/N N
Listing Terms Cash Out Conventional VA Loan
Elementary School Arlington
Tax Annual Amount 14168
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Public Remarks Investor Alert! Rare opportunity to acquire two one-story triplexes totaling 6 units in a highly convenient Tacoma location. These income-producing hard-to-find assets feature three 2-bedroom / 1.5-b
Leasable Area 5304
Structure Type Triplex
Building Area Units Square Feet
Standard Status Active
Water Company TPU
Units Below Grade false
Units In Building Total 6
Water Sewer Garbage 13919
Property Style 53 - Tri-plex
Cap Rate 7.5
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Exterior
Exterior Amenities Wood Wood Products
Lot Features Paved
Water Source Public
Total Parking 6
Foundation Details Poured Concrete
Building Area Total 5304
Lot Size Acres 0.21
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Fenced-Partially High Speed Internet Patio
Parking Uncovered Spaces 0
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Interior
Flooring Ceramic Tile Laminate Carpet
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2467083
Street Number 1 6905
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* Excluded Features
List By
Nisha A Tomar

Listing Agent

Lee & Associates Commercial Re

Broker

Affordability Calculator

$9,493
Per Month
88%
12%
0%
Monthly Principal & Interest
$8,312
Monthly Property Taxes
$1,181
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3158614 Elementary School
3100781 Middle School
Mt Tahoma High School High School
Pricing History
DatePricePrice ChangeDescription
1/10/2026$1,350,000 Listed Price

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6905 6509 S Madison, Tacoma, WA, 98409 is a Multi-Family Home for sale at $1,350,000 with 5,304 sqft and a lot size of 0.21. 6905 6509 S Madison is a studio with 0.0 baths and was built in 1978. The property's zip code is 98409 which is in Tacoma, WA