6619 -6621 S Monroe Street Tacoma, WA $ 515,000
6619 -6621 S Monroe Street
$ 515,000
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6619 -6621 S Monroe Street

Tacoma, WA, 98409
$ 515,000
Baths0.0 Sq 1,768

Monthly Estimate*

$ 3,171

Listed by Keller Williams Rty Tacoma
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Studio

Multi-Family Home for sale in Tacoma, WA

for $515,000. This 1,768 square foot home was built in 1974 on a lot size of 0.1377.

Positioned in the heart of South Tacoma, this well-maintained duplex presents a compelling investment and value-add opportunity in a strong rental market. Ideal for investors seeking stable cash flow, tenant flexibility, or owner-occupants looking to offset housing expenses with supplemental income. The property has benefited from numerous recent capital improvements including a newer roof (approximately 8 years old), exterior paint, updated windows, exterior doors, new flooring throughout, interior paint, and newer hot water tanks. These upgrades help minimize near-term maintenance costs while enhancing tenant appeal. The property offers four on-site parking spaces, including two covered spaces with convenient paved alley access. The east unit features a wrap-around deck with territorial and mountain views, while the west unit includes a private fenced yard, providing desirable outdoor amenities for tenants or owner occupancy. Centrally located with convenient access to major commuter trains, retail, and employment centers, this duplex offers strong long-term upside potential for both income growth and future appreciation. Rents are pro forma based on current market trends.

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Multi-Family Active

Price

$ 515,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,883

Style

Duplex

Lot Size

0.1377

Year Built

1974

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2529838

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing Subject To Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 0
Security Features Fully Fenced
Year Built 1974
View Territorial
Property Subtype Multi Family
Tax Year 2026
Building Name Villa Park
County Pierce
Net Operating Income 35889
Insurance Expense 1900
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 74th go N on Tyler to 67th then right to Monroe turn left to property on right.
City Tacoma
Senior Community Y/N N
High School District Tacoma
Zoning Description Multi-Family
Number Of Units Total 2
MLS Area 46 - South Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 6000
Carport Spaces 2
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Tax Annual Amount 4883
Electric Expense 0
Fuel Expense 0
Property Condition Good
Public Remarks Positioned in the heart of South Tacoma this well-maintained duplex presents a compelling investment and value-add opportunity in a strong rental market. Ideal for investors seeking stable cash flow
Leasable Area 1768
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Amenities Basement
Water Company Tacoma
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 840
Property Style 52 - Duplex
Cap Rate 6.9
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Exterior
Exterior Amenities Wood
Lot Features Alley Paved
Water Source Public
Total Parking 4
Foundation Details Poured Concrete Slab
Building Area Total 1768
Lot Size Acres 0.1377
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Fenced-Fully
Parking Uncovered Total 2
Lot Number 10-11
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Interior
Flooring Laminate
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 NWM2529838
Street Number 1 6619
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* Excluded Features
List By
Brian Thayer

Listing Agent

Keller Williams Rty Tacoma

Broker

Affordability Calculator

$3,578
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,171
Monthly Property Taxes
$407
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
256639 Elementary School
257487 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/28/2026$515,000 Listed Price

Map


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6619 -6621 S Monroe Street, Tacoma, WA, 98409 is a Multi-Family Home for sale at $515,000 with 1,768 sqft and a lot size of 0.1377. 6619 -6621 S Monroe Street is a studio with 0.0 baths and was built in 1974. The property's zip code is 98409 which is in Tacoma, WA