1637 Center Street, Tacoma, WA 98409

Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann Realty
Listed by: rob mitchell
Office: windermere prof partners
MLS#:2370493
Source:NWMLS
1637 Center Street,Tacoma, WA 98409
$725,000
  • 1 Beds
  • 1 Baths
  • 6,000 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$725,000
  • Price per sq. ft.:$120.83

About this home

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.

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Home facts

  • Year built:1970
  • Listing ID #:2370493
  • Updated:January 16, 2026 at 01:43 PM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:6,000 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1970
  • Building area:6,000 sq. ft.
  • Lot area:0.23 Acres

Schools

  • High school:Foss
  • Elementary school:Stanley

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$725,000
  • Price per sq. ft.:$120.83
  • Tax amount:$4,260 (2025)
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of January 16, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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