$1,350,000

0 Beds 0 Baths 5,304 SQFT 0.21 Acres

Type: Contingent

6905 6909 S Madison
Tacoma, WA 98409

MLS#: 2467083

Presented by: Lee & Associates Commercial RE and NWMLS

Property Description

Investor Alert! Rare opportunity to acquire two one-story triplexes totaling 6 units in a highly convenient Tacoma location. These income-producing, hard-to-find assets feature three 2-bedroom / 1.5-bath units per building, each with washer/dryer hookups.Recent improvements include new roof and gutters, fresh exterior paint, and interior updates throughout. Each unit is equipped with carport parking and dedicated storage. Ideally located minutes to I-5 and SR-512, transit, schools, golf course, and Tacoma Mall. Buildings may be sold separately, offering flexibility for owner-occupants to live in one unit and rent the others, or for investors seeking stable cash flow.

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 Rate7.5

Carport Spaces6

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 Expense2415

Leasable Area5,304 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 Income101224

New ConstructionNo

Number Of Units Total6

Open Parking Spaces0

PossessionClosing

Possible UseMulti-Family

Property Style53 - Tri-plex

Property SubtypeMulti Family

Property TypeResidential Income

Public RemarksInvestor Alert! Rare opportunity to acquire two one-story triplexes totaling 6 units in a highly convenient Tacoma location. These income-producing, hard-to-find assets feature three 2-bedroom / 1.5-b

RoofComposition

Security FeaturesPartially Fenced

Senior Community Y/NNo

SewerAvailable

Special Listing ConditionsNone

Standard StatusActive Under Contract

StatusContingent

Structure TypeTriplex

Subdivision NameSouth Tacoma

Tax Annual Amount$14,168

Tax Year2025

Units Below Gradefalse

Units In Building Total6

Water CompanyTPU

Water Sewer Garbage13919

Year Built1978

Zoning DescriptionMulti-Family

Exterior

Building Area Total5,304 sqft

Covered Spaces0

Exterior AmenitiesWood, Wood Products

Foundation DetailsPoured Concrete

Irrigation Water Rights Y/NNo

Lot FeaturesPaved

Lot Size Acres0.21

Parking Uncovered Spaces0

Site FeaturesFenced-Partially, High Speed Internet, Patio

Total Parking6

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

$1,350,000

0 Beds 0 Baths 5,304 SQFT 0.21 Acres

Type: Contingent

6905 6909 S Madison
Tacoma, WA 98409

MLS#: 2467083

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Property

$1,350,000

6905 6909 S MadisonTacoma, WA 98409

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$1,350,000

6905 6909 S MadisonTacoma, WA 98409

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6905 6909 S Madison
Tacoma, WA 98409

6905 6909 S Madison
Tacoma, WA 98409