6722 S Monroe Street
Tacoma, WA 98409
1344 sqft | 0.14 acres | #2286471
Description
Whether you're a first-time investor or expanding your portfolio, this duplex in Tacoma is a prime investment opportunity. Both units feature in-unit washers and dryers, private yards with storage units and covered parking via a paved alley. Located conveniently near schools and shopping centers, this property boasts a brand-new roof installed in August 2024, fresh exterior paint and side sewer replaced. Add-on value, refresh interiors and increase rents to market value. With tenants in place until December 2024 and June 2025, each paying (billed back) $175/month in utilities, this investment offers a solid 6% cap rate—making it a smart addition to any real estate portfolio.
Property Details
- Exterior FeaturesCable TV, Fenced-Partially, Outbuildings, Patio
- Lot DescriptionAlley, Paved
- Exterior MaterialsWood
- Stories1
Measurements
- Acres0.1377
- Square Feet1344
Construction Details
- Property TypeMulti-Family
- Style52 - Duplex
Condition
- Year Built1969
Material information
- FoundationPoured Concrete
Utilities / Energy Details
- Sewer InformationSewer Connected
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionSouth Tacoma
Location
- Elementary SchoolBuyer To Verify
- Middle SchoolBuyer To Verify
- High SchoolBuyer To Verify
- School DistrictTacoma
- CountyPierce
Financial Details
- Original List Price$490,000
- Taxes Annual$4,633
- Days on Market (Cumulative)42
Other
- MLS #2286471
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-10-29 17:01:08. 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.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
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Last Updated:Â . Source: NWMLS
Listing Courtesy
Listing Agent: Brian Thayer (#NWM37150)
Listing Office: Keller Williams Rty Tacoma (#NWM9271)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
