7374 S Alaska Street, Tacoma, WA 98408 (MLS # 2594670)

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Listing provided courtesy of Northwest MLS; COMPASS

PRICE $575,000 dsIDX morgage calculator
BEDS 8
BATHS 3
HOME SIZE 2,960 sqft
LOT SIZE 7,850 sqft
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They said the "1% Rule" was impossible - but this Tacoma rental delivers! This income-producing property sits on a spacious corner lot with an oversized 720 SF detached garage for parking & storage, equipped with its own electrical service panel & meter. Flexible room-rental configuration with 8 furnished rooms, 3 bathrooms, 8 individual mini fridges, and a common area with kitchen & washer/dryer. Sold fully furnished, mostly occupied & systemized for immediate cashflow! Renovated for longevity with a new 30-year Pabco Premier roof, sheeting, gutters, exterior siding & paint in 2024, plus new hot & cold water lines in 2026 and a recently replaced water heater. A property with substantial updates, functional living spaces, parking & lots of potential. Conveniently located near Wapato Park, I-5, transit, shopping, fitness, dining & JBLM. Investments like this don't come often - ask the listing agent for ROI spreadsheets showing over $875 in monthly cashflow after conservative accounting for vacancy, reserves & actual expenses!

LAST UPDATED 10/14/2026 TRACT South Tacoma
YEAR BUILT 1961 COMMUNITY South Tacoma
COUNTY Pierce STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Birney
Jr. High School Baker
High School Mt Tahoma


ADDITIONAL DETAILS
AIR None
AREA 53 - South Tacoma
BASEMENT None
GARAGE Yes
HEAT Electric, Forced Air, Natural Gas, Wood
LOT 7850 sq ft
LOT DESCRIPTION Corner Lot, Curbs, Paved, Sidewalk
MLS STATUS Active
PARKING Detached
STORIES 2
STYLE 12 - 2 Story
SUBDIVISION South Tacoma
TAXES 6060.16
UTILITIES Cable Available, Sewer Connected
VIEW Yes
VIEW DESCRIPTION Territorial
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 10/17/26 9:22 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

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