3729 S Gunnison Street, Tacoma, WA 98409

$635,000
2,496
SqFt

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Listing courtesy of Coldwell Banker Bain. Selling Office: RSVP Brokers ERA.

Sold Price
$635,000
List Price
$635,000
Status
SOLD
MLS#
2429732
Closing Date
Nov 17, 2025
Days on Market
12
Style
53 - Tri-plex
Building Condition
Very Good
Finished SqFt
2,496
Area Total SqFt
2496
Annual Tax Ammount
6266
Lot Size (sq ft)
17,400
Sewer
Sewer Connected

Property Description

Here is a remodeled triplex in a quiet corner of South Tacoma, just south of the Oakland district. This one-level building allows easy access to each unit. Each 2-bed, 1-bath unit has a private backyard space. From this location, tenants have easy access to shopping, medical services, travel corridors (Hwy 16 & I-5), JBLM and more. There is much for the landlord to like, as well. All 3 units in this 1976 triplex were updated in 2021. Interior work includes new flooring, doors, kitchen cabinets, all hardware, sinks, fixtures, and countertops, new appliances, all new wall heaters, bath vanities and fixtures, plus interior and exterior paint. New side-sewer in 2021; new roof and gutters in 2025.

Additional Information

List Date
2025-11-05 00:00:00
Community
South Tacoma
Net Operating Income
$35,568
Gross Adjusted Income
$50,793
Gross Scheduled Income
$53,940
Total Monthly Income
$4,450
Insurance Expenses
$3,374
Gross Rent Multiplier
11.77
Total Expenses
$15,225
Cap Rate
5.6
Vacancy Rate
5
Total Number of Units
3
Unit Name
3729 S
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1973
Roof
Composition
Site Features
Fenced-Partially
Other Expenses
5585
Energy Source
Electric
School District
Tacoma
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$4,450
Gross Scheduled Income
$53,940
Vacancy Rate
5
Gross Adjusted Income
$50,793
Tax Year
2025
Insurance Expense
$3,374
Total Expenses
$15,225
Net Operating Income
$35,568
Gross Rent Multiplier
11.77
Cap Rate
5.6
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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