1637 CENTER Street · Tacoma, WA 98409
Source: NWMLS · Windermere Prof Partners · Rob Mitchell #NWM2370493
About this home
****** 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.
Location
Basics
- Property type
- Single Family Residence
- Style
- See Remarks
- Stories
- 2 stories
- Year built
- 1970
- Lot size
- 10,000 sq ft (0.23 acres)
- County
- Pierce
- MLS #
- NWM2370493
Interior
- Heating
- Baseboard
- Cooling
- None
- Flooring
- Hardwood
- Appliances
- See Remarks
Exterior & lot
- Exterior features
- Wood, Wood Products
- Roof
- Composition
- Foundation
- Poured Concrete
- Waterfront
- No
Parking
- Parking features
- None
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Electric
Community & fees
- Subdivision
- Central Tacoma
- Property tax
- $4,260 (2025)
Transaction
- Original list price
- $875,000 (21.3% price cut)
- Listed on
- May 5, 2025
- Days on market
- 454
- Price per sq ft
- $115
- Listing terms
- Conventional
- Possession
- Closing
More homes nearby
Schools
School district: Tacoma
- Elementary
- Stanley
- High
- Foss High SchoolTop 98% in WA
Listing provided courtesy of: Windermere Prof Partners
Listing agent: Rob Mitchell.
Based on information submitted to the MLS GRID as of —. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-09-17.