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Listed by:Keller Williams Rty Tacoma • Brian Thayer
$515,000
Est. payment /mo
4 Beds
2 Baths
1,768 SqFt
New
6619 -6621 S Monroe ST Tacoma, WA 98409
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,768 sqft
Price per Sqft $291
Subdivision South Tacoma
MLS Listing ID 2529838
Style 52 - Duplex
Bedrooms 4
Year Built 1974
Annual Tax Amount $4,883
Lot Size 6,000 Sqft
Property Sub-Type Multi Family
Property Description
Positioned in the heart of South Tacoma, this well-maintained duplex presents a compelling investment and value-add opportunity in a strong rental market. Ideal for investors seeking stable cash flow, tenant flexibility, or owner-occupants looking to offset housing expenses with supplemental income. The property has benefited from numerous recent capital improvements including a newer roof (approximately 8 years old), exterior paint, updated windows, exterior doors, new flooring throughout, interior paint, and newer hot water tanks. These upgrades help minimize near-term maintenance costs while enhancing tenant appeal. The property offers four on-site parking spaces, including two covered spaces with convenient paved alley access. The east unit features a wrap-around deck with territorial and mountain views, while the west unit includes a private fenced yard, providing desirable outdoor amenities for tenants or owner occupancy. Centrally located with convenient access to major commuter trains, retail, and employment centers, this duplex offers strong long-term upside potential for both income growth and future appreciation. Rents are pro forma based on current market trends.
Location
State WA
County Pierce
Area 46 - South Tacoma
Interior
Flooring Laminate
Fireplace false
Exterior
Exterior Feature Wood
Amenities Available Cable TV, Deck, Fenced-Fully
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Alley, Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Tacoma
Others
Senior Community No
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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