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.) Contract available.
Active
Listed by:
Rob Mitchell,
Windermere Prof Partners
$849,950
1637 CENTER Street, Tacoma, WA 98409
1beds
6,000sqft
Est.:
Single Family Residence
Built in 1970
10,001.38 Square Feet Lot
$-- Zestimate®
$142/sqft
$-- HOA
What's special
- 108 days
- on Zillow |
- 89 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: July 22, 2025 at 06:51am
Listed by:
Rob Mitchell,
Windermere Prof Partners
Source: NWMLS,MLS#: 2370493

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Description: 1/2 BATHROOMS
- Level: Main
Bathroom full
- Description: FULL BATHROOMS
- Level: Main
Dining room
- Description: DINING ROOM
- Level: Main
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: See Remarks
Features
- Flooring: Hardwood
- Has fireplace: No
- Fireplace features: See Remarks
Interior area
- Total structure area: 6,000
- Total interior livable area: 6,000 sqft
Property
Parking
- Parking features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 10,001.38 Square Feet
Details
- Parcel number: 2980000120
- Zoning: 000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: See Remarks
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1970
- Major remodel year: 1970
Utilities & green energy
- Electric: Company: TACOMA
- Sewer: Sewer Connected, Company: TACOMA
- Water: Public, Company: TACOMA
- Utilities for property: Infinity, Infinity
Community & HOA
Community
- Subdivision: Central Tacoma
Location
- Region: Tacoma
Financial & listing details
- Price per square foot: $142/sqft
- Annual tax amount: $4,260
- Date on market: 5/31/2025
- Listing terms: Conventional
- Inclusions: See Remarks
- Cumulative days on market: 82 days
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