$675,000

0 Beds 0 Baths 2,652 SQFT 0.21 Acres

Type: Contingent

6905 S Madison
Tacoma, WA 98409

MLS#: 2467036

Presented by: Lee & Associates Commercial RE and NWMLS

Property Description

Rare one-story triplex in a highly convenient Tacoma location. This income-producing, hard-to-find asset features three 2-bed/ 1.5-bath units, each equipped with washer/dryer hookups. Recent improvements include a new roof and gutters, along with interior updates throughout. The property offers carport parking with dedicated storage for each unit and includes a move-in-ready unit, providing excellent flexibility for owner-occupants or investors. Ideally located minutes to I-5 and SR-512, transit, schools, golf course, and Tacoma Mall. An identical adjacent triplex at 6909 Madison is also available, presenting a rare opportunity to acquire one or both properties.

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0

Baths Half Upper0

Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo

Fireplace Y/NNo

FlooringCeramic Tile, Laminate, Carpet

Heating Y/NYes

Power Production TypeElectric

Total Fireplaces0

Total Stories1

General

Building Area Units0 sqft

Cap Rate7.75

Carport Spaces3

Carport Y/NNo

CityTacoma

CoolingNone

CountyPierce

DirectionsFrom S Tacoma Way, W on S 74th then North on S Madison, Property is on the right.

Electric Expense0

Elementary SchoolArlington

Fuel Expense0

HOANo

HOA Fee$0

HeatingBaseboard

High SchoolMt Tahoma

High School DistrictTacoma

Insurance Expense1207

Leasable Area2,652 sqft

Listing TermsCash, Conventional, VA Loan

Living Area0 sqft

Lot Size Square Feet9,147 sqft

Lot Size UnitsSquare Feet

MLS Area45 - South Tacoma

Middle/Junior High SchoolBuyer To Verify

NWM_ShowMapLinkY

Net Operating Income52334

New ConstructionNo

Number Of Units Total3

Open Parking Spaces0

PossessionClosing

Possible UseMulti-Family

Property Style53 - Tri-plex

Property SubtypeMulti Family

Property TypeResidential Income

Public RemarksRare one-story triplex in a highly convenient Tacoma location. This income-producing, hard-to-find asset features three 2-bed/ 1.5-bath units, each equipped with washer/dryer hookups. Recent improvemen

RoofComposition

Security FeaturesFully Fenced

Senior Community Y/NNo

SewerAvailable

Special Listing ConditionsNone

Standard StatusActive Under Contract

StatusContingent

Structure TypeTriplex

Subdivision NameSouth Tacoma

Tax Annual Amount$7,084

Tax Year2025

Units Below Gradefalse

Units In Building Total3

Water CompanyTPU

Water Sewer Garbage6959

Year Built1978

Zoning DescriptionMulti-Family

Exterior

Building Area Total2,652 sqft

Covered Spaces0

Exterior AmenitiesWood, Wood Products

Foundation DetailsPoured Concrete

Irrigation Water Rights Y/NNo

Lot Dimensions54x167

Lot FeaturesPaved

Lot Size Acres0.21

Parking Uncovered Spaces0

Site FeaturesFenced-Fully

Total Parking3

Water SourcePublic

Waterfront Y/NNo

Additional Details

Price History

Schools

High School Mt Tahoma High School

Middle School Buyer To Verify Middle School

Elementary School Arlington Elementary School

Similar Properties

$675,000

0 Beds 0 Baths 2,652 SQFT 0.21 Acres

Type: Contingent

6905 S Madison
Tacoma, WA 98409

MLS#: 2467036

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Property

$675,000

6905 S MadisonTacoma, WA 98409

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$675,000

6905 S MadisonTacoma, WA 98409

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6905 S Madison
Tacoma, WA 98409

6905 S Madison
Tacoma, WA 98409