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7374 S Alaska Street Tacoma, WA $ 575,000
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7374 S Alaska Street
$ 575,000
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7374 S Alaska Street

Tacoma, WA, 98408
$ 575,000
Bedrooms8 Baths3.0 Sq 2,960

Monthly Estimate*

$ 3,971

Listed by Michael Haas, COMPASS, 408-439-7873, Michael.Haas@compass.com
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Single Family Home for sale in Tacoma, WA

for $575,000 with 8 bedrooms and 3 full baths. This 2,960 square foot home was built in 1961 on a lot size of 0.1802.

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!

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Single Family Active

Price

$ 575,000

Bedrooms

8

Full Bath

3

Property Type

Single Family

Taxes

$ 6,060

Style

2 Story

Lot Size

0.1802

Year Built

1961

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2594670
Features
General
Living Area 2960
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing Subject To Tenant Rights
Roof Composition
HOA Fee 0
Security Features Fully Fenced
Year Built 1961
View Territorial
Levels Two
Property Subtype Single Family Residence
Tax Year 2026
County Pierce
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name South Tacoma
Garage Y/N Y
Full Baths 3
Special Listing Conditions None
Status Active
Directions I-5 Exit 129 to East on 72nd Street Right on Alaska St Corner of Alaska and 76th Street
High School Mt Tahoma
City Tacoma
Senior Community Y/N N
High School District Tacoma
MLS Area 53 - South Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 7850
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Birney
Land Lease Y/N N
Tax Annual Amount 6060.16
Middle/Junior High School Baker
Public Remarks 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 e
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company TPU
Property Style 12 - 2 Story
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Interior
Basement None
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
3/4 Baths 0
Total Bedrooms 8
Main Level Bedrooms 8
Total Baths 3
Power Production Type Electric Natural Gas Wood
Baths Three Quarter Garage 0
Baths Three Quarter Lower 0
Baths Three Quarter Main 0
Baths Three Quarter Upper 0
Bedrooms Lower 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Half Main 0
Baths Half Lower 0
Baths Half Garage 0
Baths Full Upper 0
Baths Full Main 3
Baths Full Lower 0
Baths Full Garage 0
Bathrooms 3
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Exterior
Exterior Amenities Wood
Parking Features Detached Garage
Lot Features Corner Lot Curbs Paved Sidewalk
Water Source Public
Total Parking 7
Foundation Details Poured Concrete
Building Area Total 2960
Lot Size Acres 0.1802
Waterfront Y/N N
Covered Spaces 4
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Fully Patio
Parking Uncovered Total 3
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Internal Only
OriginalMLSID NWM2594670
Street Number 1 7374
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* Excluded Features
List By
Michael Haas

Listing Agent

Compass

Broker

Michael.Haas@compass.com

Email

Affordability Calculator

$4,476
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,971
Monthly Property Taxes
$505
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4495712 Elementary School
257722 Middle School
Mt Tahoma High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/14/2026$575,000 Listed Price

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7374 S Alaska Street, Tacoma, WA, 98408 is a Single Family Home for sale at $575,000 with 2,960 sqft and a lot size of 0.1802. 7374 S Alaska Street has 8 bedrooms, 3.0 baths, and was built in 1961. The property's zip code is 98408 which is in Tacoma, WA

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