7374 S Alaska Street Tacoma WA 98408 | MLS #NWM2594670

7374 S Alaska Street
Tacoma, WA, 98408
$575,000
8 Beds
3 Baths
2,960 SqFt
0.18 Acres
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Listing Provided Courtesy of Michael Haas at COMPASS
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!

Property Details

Price:
$575,000
MLS #:
NWM2594670
Status:
Active
Beds:
8
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
South Tacoma
Neighborhood:
53southtacoma
Listed Date:
Oct 14, 2026
Finished Sq Ft:
2,960
Total Sq Ft:
2,960
Lot Size:
7,850 sqft / 0.18 acres (approx)
Year Built:
1961
53 – South Tacoma53southtacomaSouth TacomaTacomaBirneyBakerMt TahomaTerritorial

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Schools

School District:
Tacoma
Elementary School:
Birney
Middle School:
Baker
High School:
Mt Tahoma

Interior

Bathrooms
3 Full Bathrooms
Cooling
None
Heating
Forced Air
Levels
Two
Main Level Bathrooms
3
Main Level Bedrooms
8

Exterior

Construction Materials
Wood
Covered Spaces
4
Exterior Features
Wood
Lot Features
Corner Lot, Curbs, Paved, Sidewalk
Parking Features
Detached Garage
Parking Spots
7
Parking Total
7
Roof
Composition
Security Features
Fully Fenced
View
Territorial

Financial

Tax Year
2026
Taxes
$6,060

Map

Community

Market Summary

Current real estate data for Single Family in Tacoma as of Oct 22, 2026
970
Single Family Listed
82
Avg DOM
337
Avg $ / SqFt
$616,360
Avg List Price

Property Summary

    Located in the South Tacoma subdivision, 7374 S Alaska Street Tacoma WA is a Single Family for sale in Tacoma, WA, 98408. It is listed for $575,000 and features 8 beds, 3 baths, and has approximately 2,960 square feet of living space, and was originally constructed in 1961. The current price per square foot is $194. The average price per square foot for Single Family listings in Tacoma is $337. The average listing price for Single Family in Tacoma is $616,360. To schedule a showing of MLS#nwm2594670 at 7374 S Alaska Street in Tacoma, WA, contact your Best in the West agent at 206-351-5550.

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