$675,000

0 Beds 0 Baths 2,652 SQFT 0.21 Acres
Type: Contingent

6909 S Madison
Tacoma, WA 98409

MLS#: 2467079
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 Rate7.44
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 TermsAssumable, Cash, 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 Income50210
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

6909 S Madison
Tacoma, WA 98409

MLS#: 2467079