Active · Residential Income
6425 7th Street NE, Tacoma, WA 98422
Tacoma, WA 98422
$724,900
— bedrooms · — bathrooms · 0 sq ft
Listing provided by Best Choice Realty · MLS #2565099 · Active
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About this property
Motivated Seller! Seller offering $10,000 towards buyers closing costs! Rare opportunity in one of Pierce County’s most desirable locations. This fully recently renovated duplex features updated bathrooms, kitchens, flooring, doors, finishes, trim, and more — move-in ready with modern updates throughout. 6.57% Cap Rate! Live in one side and rent the other, or rent both units for strong cash flow (currently $2,850 + $2,200). The property sits on a large private lot, secluded down a long driveway and backed by a beautiful green belt and partial views of Mount Rainier. Zoned for multi-family, the front portion of the lot offers possible future development potential for another Duplex, a Detached Accessory Dwelling Unit (DADU), or construction of an additional residence. Minutes to I-5, shopping, and Browns Point waterfront with excellent schools nearby. No HOA! Plenty of parking and a spacious lot round out this hard-to-find opportunity in a high-demand area. Opportunities like this are rare-- don't miss your chance! Buyers to verify all developmental potential. Interior viewing available with 48 hour notice.
Property details
- Property type
- Multi Family
- Year built
- 1976
- Lot size
- 36,590 sq ft
- Association dues
- $0 · frequency not provided
- Annual property tax
- $4,805 (2025)
- Parking spaces
- 11
- School district
- Fife
Listings courtesy of Northwest MLS as distributed by MLS GRID.
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