2918 AB S 7th Street, Tacoma, WA 98405
- $649,000
- 2,464
- SqFt
Listing courtesy of Real Broker LLC.
- List Price
- $649,000
- Status
- ACTIVE
- MLS#
- 2498906
- Days on Market
- 22
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 2,464
- Area Total SqFt
- 2464
- Annual Tax Ammount
- 5762
- Lot Size (sq ft)
- 6,000
- Sewer
- Sewer Connected
Property Description
Beautifully maintained legal duplex just one block from Tacoma's vibrant 6th Avenue District, offering walkable access to popular restaurants, coffee shops, shopping & nightlife. Both units are vacant & professionally staged, offering immediate occupancy for owner-occupants or the opportunity for investors to select their own tenants & lease both units at current market rents. The spacious 1,657 SF main-level unit lives like a single-family home with 3 bedrooms & 1.5 baths, while the upper unit features 807 SF with 1 bedroom & 1 bath. Pride of ownership is evident throughout with outstanding curb appeal, mature landscaping, a welcoming covered front porch, updated plumbing & electrical, newer electrical panels, newer windows throughout & a roof less than 10 years old. Zoned UR-2 on a corner lot with alley access, offering added long-term flexibility & future development potential (buyer to verify). Conveniently located near the University of Puget Sound, Ruston Way, Point Defiance, downtown Tacoma & major commuter routes including Hwy 16 & I-5. Rare opportunity to offset your mortgage with rental income or add a turnkey investment in one of Tacoma's strongest rental markets.
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Additional Information
- List Date
- 2026-07-05 00:49:11
- Community
- Central Tacoma
- Net Operating Income
- $41,917
- Gross Adjusted Income
- $54,120
- Gross Scheduled Income
- $55,158
- Total Monthly Income
- $4,596
- Insurance Expenses
- $2,183
- Water/Sewer/Garbage Expenses
- $3,258
- Gross Rent Multiplier
- 12
- Total Expenses
- $12,203
- Cap Rate
- 6.5
- Vacancy Rate
- 2
- Total Number of Units
- 2
- Unit Name
- 2918 AB
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1906
- View
- Territorial
- Roof
- Composition
- Other Expenses
- 1000
- Energy Source
- Electric
- School District
- Tacoma
- Total Monthly Income
- $4,596
- Gross Scheduled Income
- $55,158
- Vacancy Rate
- 2
- Gross Adjusted Income
- $54,120
- Tax Year
- 2025
- Insurance Expense
- $2,183
- W/S/G Expenses
- $3,258
- Total Expenses
- $12,203
- Net Operating Income
- $41,917
- Gross Rent Multiplier
- 12
- Cap Rate
- 6.5
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.