6401 S Pine Street, Tacoma, WA 98409

$510,000
1,692
SqFt

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Listing courtesy of COMPASS. Selling Office: John L. Scott, Inc..

Sold Price
$510,000
List Price
$539,000
Status
SOLD
MLS#
2369207
Closing Date
Feb 10, 2026
Days on Market
355
Style
53 - Tri-plex
Finished SqFt
1,692
Area Total SqFt
1692
Annual Tax Ammount
4548
Lot Size (sq ft)
7,000
Sewer
Sewer Connected

Property Description

Investment Opportunity! Cash-flowing triplex on a spacious corner lot with strong rental appeal. Two units recently remodeled with new quartz countertops, shaker cabinets, luxury vinyl plank flooring, carpet, paint, dishwashers, and more. Each unit includes extra storage plus access to laundry room with 2 washers & dryers. Features a newer roof, five dedicated parking spots, and ample street parking. Live in one unit and rent out the others, or enjoy multi-generational living options. Upstairs unit is 2 bedrooms + office/den or 3rd bedroom. Conveniently located near I-5, Tacoma Mall, shopping, dining, and parks. Don’t miss this turnkey income-generating property to add to your investment portfolio!

Additional Information

List Date
2025-02-20 00:00:00
Community
Tacoma
Net Operating Income
$36,256
Gross Adjusted Income
$47,100
Gross Scheduled Income
$47,100
Total Monthly Income
$3,925
Insurance Expenses
$2,285
Water/Sewer/Garbage Expenses
$3,598
Gross Rent Multiplier
12.53
Total Expenses
$10,844
Cap Rate
6
Total Number of Units
3
Unit Name
6401
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1910
View
Territorial
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially, Outbuildings
Electric Expenses
412
Energy Source
Electric
School District
Tacoma
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$3,925
Gross Scheduled Income
$47,100
Gross Adjusted Income
$47,100
Tax Year
2024
Insurance Expense
$2,285
W/S/G Expenses
$3,598
Total Expenses
$10,844
Net Operating Income
$36,256
Gross Rent Multiplier
12.53
Cap Rate
6
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.
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