Address
7428 S Puget Sound Avenue # 1-3, Tacoma, WA
Price
$ 720,000
Property Attributes
- ID#2575296
- TypeMulti-Family
- CountyPIERCE
- CityTacoma
- AreaSouth Tacoma
- NeighborhoodSouth Tacoma
- Zip98409
- StyleTri-plex
- Year Built1976
- Taxes$ 6892
- Price$ 720,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage1840
- Lot Size0.2231 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
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!
| Price History | |
|---|---|
| 8/29/2026 | Listed $720,000 |
General Features
| Sewer | Sewer Connected |
|---|---|
| Heating | Baseboard |
| Cooling | None |
| Possession | See Remarks |
| Roof | Composition,Metal |
| Garage Spaces | 4 |
| Year Built | 1976 |
| Unit Number | 1-3 |
| Property Subtype | Multi Family |
| Tax Year | 2026 |
| County | Pierce |
| Net Operating Income | 45050 |
| Insurance Expense | 1750 |
| New Construction | No |
| Property Type | Residential Income |
| HOA | No |
| Energy Efficient | Thermal Windows |
| Subdivision Name | South Tacoma |
| Possible Use | Multi-Family |
| Special Listing Conditions | None |
| Status | Active |
| Directions | From I-5 head West on 74th St,left onto S Puget Sound,property will be on the right. |
| City | Tacoma |
| Senior Community Y/N | No |
| High School District | Tacoma |
| Zoning Description | Multi-Family |
| Number Of Units Total | 3 |
| MLS Area | 47 - South Tacoma |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 9719 |
| Carport Spaces | 5 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional |
| Tax Annual Amount | 6892 |
| Public Remarks | Income-Producing Triplex with Workshop & DADU Potential in South Tacoma (includes two parcels) Dont miss this incredible opportunity to own a triplex in a great South Tacoma location while generatin |
| Leasable Area | 1840 |
| Structure Type | Triplex |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Amenities | Coin Op Laundry,See Remarks,Storage,Thermal Windows |
| Water Company | TPU |
| Units Below Grade | false |
| Units In Building Total | 4 |
| Water Sewer Garbage | 6000 |
| Property Style | 53 - Tri-plex |
| Cap Rate | 8 |
| NWM_ShowMapLink | Yes |
Interior Features
| Total Stories | 2 |
|---|---|
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Power Production Type | Electric |
Exterior Features
| Exterior Amenities | Brick,Wood |
|---|---|
| Lot Features | Alley,Dead End Street,Paved |
| Water Source | Public |
| Foundation Details | Poured Concrete |
| Building Area Total | 1840 |
| Lot Size Acres | 0.2231 |
| Waterfront Y/N | No |
| Irrigation Water Rights Y/N | No |
| Site Features | Outbuildings |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 98409
Price
Taxes
Year Built
Visits
In The Neighborhood
Views
Tacoma
$ 430,000
- Type
- Multi-Family | Active
- Size
- 1,728 SqFt
- Rooms
- 3 Beds + 3 Baths
Listed by: BCR LLC
Seller Financing
Tacoma
$ 699,000
- Type
- Multi-Family | Active
- Size
- 23,350 SqFt
- Rooms
- 1 Beds + 1 Baths
Listed by: Windermere Prof Partners
Views
Tacoma
$ 899,950
- Type
- Multi-Family | Active
- Size
- 3,672 SqFt
- Rooms
- 8 Beds + 4 Baths
Listed by: Windermere Prof Partners
Views
Tacoma
$ 799,950
- Type
- Multi-Family | Active
- Size
- 3,328 SqFt
- Rooms
- 8 Beds + 4 Baths
Listed by: Pellego, Inc.
Tacoma
$ 565,000
- Type
- Multi-Family | Active
- Size
- 1,924 SqFt
- Rooms
- 5 Beds + 2 Baths
Listed by: eXp Realty
Reduced
Tacoma
$ 500,000
- Type
- Multi-Family | Active
- Size
- 1,495 SqFt
- Rooms
- 4 Beds + 2 Baths
Listed by: WA Move Real Estate LLC
Reduced
Tacoma
$ 625,000
- Type
- Single Family
- Size
- 2,331 SqFt
- Rooms
- 5 Beds + 2 Baths
Listed by: Redfin
Reduced
Tacoma
$ 1,275,000
- Type
- Multi-Family | Active
- Size
- 4,936 SqFt
- Rooms
- 12 Beds + 8 Baths
Listed by: Redfin
Reduced
Tacoma
$ 1,399,900
- Type
- Multi-Family | Active
- Size
- 4,936 SqFt
- Rooms
- 12 Beds + 8 Baths
Listed by: Terrafin
Lease to Own
Tacoma
$ 674,950
- Type
- Multi-Family | Active
- Size
- 2,564 SqFt
- Rooms
- 5 Beds + 3 Baths
Listed by: Theory Real Estate
Reduced
Tacoma
$ 525,000
- Type
- Multi-Family | Active
- Size
- 2,826 SqFt
- Rooms
- 7 Beds + 4 Baths
Listed by: Van Dorm Realty, Inc
