7428 S Puget Sound Avenue Unit #1-3, Tacoma, WA 98409
- $720,000
- 1,840
- SqFt
Listing courtesy of eXp Realty.
- List Price
- $720,000
- Status
- ACTIVE
- MLS#
- 2575296
- Days on Market
- 0
- Style
- 53 - Tri-plex
- Finished SqFt
- 1,840
- Area Total SqFt
- 1840
- Annual Tax Ammount
- 6892
- Lot Size (sq ft)
- 9,719
- Sewer
- Sewer Connected
Property Description
Income-Producing Triplex with Workshop & DADU Potential in South Tacoma (includes two parcels) Don’t miss this incredible opportunity to own a triplex in a great South Tacoma location while generating rental income! Live in one unit and rent out the other two, helping offset your mortgage while building equity. The vacant 1-bedroom, 1-bath unit is completely updated and move-in ready, making it ideal for an owner-occupant or new tenant. The property offers plenty of parking for residents and guests, along with convenient in-unit laundry. One of the standout features is the approximately 1,800–2,000 sq. ft. oversized garage/workshop, offering an exceptional amount of space for a business, hobbies, storage, or future expansion. The workshop also presents potential for a Detached Accessory Dwelling Unit, offering an exciting opportunity to explore additional living space or income potential, subject to buyer verification and applicable zoning/permit requirements. With multiple income-producing units, a massive on-site workshop, ample parking, and DADU potential, this property offers flexibility and opportunity rarely found at this price point. Live in one, rent the others, utilize the workshop, and explore the possibilities! Whether you're looking for your next home, an investment property, or both, this South Tacoma triplex is an opportunity you don't want to miss!
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Additional Information
- List Date
- 2026-08-29 03:58:12
- Community
- South Tacoma
- Net Operating Income
- $45,050
- Gross Adjusted Income
- $61,200
- Gross Scheduled Income
- $61,200
- Total Monthly Income
- $2,700
- Insurance Expenses
- $1,750
- Water/Sewer/Garbage Expenses
- $6,000
- Gross Rent Multiplier
- 11.76
- Total Expenses
- $14,642
- Cap Rate
- 8
- Vacancy Rate
- 8
- Total Number of Units
- 3
- Unit Name
- 7428
- Potential Terms
- Cash, Conventional
- Year Built
- 1976
- Roof
- Composition, Metal
- Site Features
- Outbuildings
- Energy Source
- Electric
- School District
- Tacoma
- Total Monthly Income
- $2,700
- Gross Scheduled Income
- $61,200
- Vacancy Rate
- 8
- Gross Adjusted Income
- $61,200
- Tax Year
- 2026
- Insurance Expense
- $1,750
- W/S/G Expenses
- $6,000
- Total Expenses
- $14,642
- Net Operating Income
- $45,050
- Gross Rent Multiplier
- 11.76
- Cap Rate
- 8
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.