7374 S Alaska St
Tacoma, WA 98408
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Active
$575,000
7374 S Alaska St Tacoma, WA 98408
Single Family Home
Property Type
8
Beds
3
Baths
2,960
Sq. Ft.
1961
Year Built
Pierce
County
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!
MLS® #
2594670
Monthly HOA
N/A
On Site
Not Available
Last Updated
10/15/2026
Location
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Michael Ross
(206) 550-9635Property Details
Community Information
Address
7374 S Alaska St, Tacoma, WA 98408
Area
53 - South Tacoma
County
Pierce
City
Tacoma
Subdivision
South Tacoma
Zip Code
98408
School Information
Architecture
Bedrooms
8
Bathrooms
3
Year Built
1961
Construction Materials
Wood
Building Style
2 Story
Building Information
Built On Lot
Roof
Composition
Foundation
Poured Concrete
Parking Features
Detached Garage
Features / Amenities
Exterior Features
Wood
Security Features
Fully Fenced
Site Features
Cable TV, Fenced-Fully, Patio
Covered Spaces
4
Parking Total
7
Heating
Forced Air
Property Features
Lot Size
0.18 Acres
Lot Features
Corner Lot, Curbs, Paved, Sidewalk
View
Territorial
Sq.Ft. Size
2960
Lot Sq.Ft. Size
7850
Sewer
Sewer Connected
Water
Public
Directions
I-5 Exit 129 to East on 72nd Street, Right on Alaska St, Corner of Alaska and 76th Street
Tax and Financial Info
Tax Year
2026
Tax Annual Amount
$6,060.16
Listing Terms
Cash, Conventional
Offers
Seller intends to review offers upon receipt
Possession
Closing, Subject To Tenant Rights
Rooms
| Level | |
| Bedroom | Main |
| Bedroom | Main |
| Bedroom | Main |
| Bedroom | Main |
| Bedroom | Main |
| Bedroom | Main |
| Bedroom | Main |
| Bedroom | Main |
| Bathroom Full | Main |
| Bathroom Full | Main |
| Bathroom Full | Main |
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Wed
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Thu
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Oct
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23
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Sat
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Oct
Sun
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Oct
Mon
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Oct
Tue
27
Oct
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