Whether you're a first-time investor or expanding your portfolio, this duplex in Tacoma is a prime investment opportunity. Both units feature in-unit washers and dryers, private yards with storage units and covered parking via a paved alley. Located conveniently near schools and shopping centers, this property boasts a brand-new roof installed in August 2024, fresh exterior paint and side sewer replaced. Add-on value, refresh interiors and increase rents to market value. With tenants in place until December 2024 and June 2025, each paying (billed back) $175/month in utilities, this investment offers a solid 6% cap rate—making it a smart addition to any real estate portfolio.
Sold
Listed by: Keller Williams Rty Tacoma
Bought with: Skyline Properties, Inc.
$481,500
6722 S Monroe Street, Tacoma, WA 98409
4beds
2baths
1,344sqft
Multi Family
Built in 1969
-- sqft lot
$493,500 Zestimate®
$358/sqft
$2,147 Estimated rent
Home value
$493,500
Estimated sales range
Not available
$2,147/mo
Zestimate® history
Owner options
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$2,147/mo
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$2,917/mo
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Zillow last checked:
Listing updated:
Listed by:
Brian Thayer,
Keller Williams Rty Tacoma
Bought with:
Ben Sorochuk, 23022299
Skyline Properties, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2286471
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Baseboard, Electric
Cooling
- None
Features
- Has fireplace: No
Interior area
- Total structure area: 1,344
- Total interior livable area: 1,344 sqft
Property
Parking
- Total spaces: 4
- Parking features: Open
- Covered spaces: 2
- Uncovered spaces: 2
Lot
- Size: 5,998 sqft
- Features: Paved, Cable TV, Fenced-Partially, Outbuildings, Patio
Details
- Parcel number: 9260000693
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1969
Utilities & green energy
- Electric: Company: Tacoma
- Sewer: Sewer Connected, Company: Pierce county
- Water: Public, Company: Tacoma
- Utilities for property: Comcast, Comcast
Community & neighborhood
Location
- Region: Tacoma
- Subdivision: South Tacoma
Other
Other facts
- Listing terms: Conventional,FHA
- Cumulative days on market: 492 days
Price history
| Date | Event | Price |
|---|---|---|
| 11/19/2024 | Sold | $481,500-1.7%$358/sqft |
Source:  NWMLS as distributed by MLS GRID #2286471 Report a problem | ||
| 10/16/2024 | Pending sale | $490,000$365/sqft |
Source: NWMLS as distributed by MLS GRID #2286471 Report a problem | ||
| 10/8/2024 | Listed for sale | $490,000$365/sqft |
Source: NWMLS as distributed by MLS GRID #2286471 Report a problem | ||
| 10/2/2024 | Pending sale | $490,000$365/sqft |
Source: NWMLS as distributed by MLS GRID #2286471 Report a problem | ||
| 9/11/2024 | Listed for sale | $490,000+117%$365/sqft |
Source: NWMLS as distributed by MLS GRID #2286471 Report a problem | ||
| 11/30/2017 | Sold | $225,769+29.8%$168/sqft |
Source: Public Record Report a problem | ||
| 9/17/2004 | Sold | $174,000+54.7%$129/sqft |
Source: NWMLS as distributed by MLS GRID #24105782 Report a problem | ||
| 5/23/2002 | Sold | $112,500-12.1%$84/sqft |
Source: Public Record Report a problem | ||
| 10/11/2000 | Sold | $127,973+58.3%$95/sqft |
Source: Public Record Report a problem | ||
| 12/23/1998 | Sold | $80,856$60/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,903 +5.8% | $450,300 +8.2% |
| 2023 | $4,633 +14% | $416,100 +6.4% |
| 2022 | $4,064 +2.5% | $391,100 +13.2% |
| 2021 | $3,964 +36.5% | $345,500 +29% |
| 2019 | $2,905 -5.4% | $267,900 +20% |
| 2018 | $3,070 +20.3% | $223,300 +15% |
| 2017 | $2,551 +12.9% | $194,200 +37% |
| 2016 | $2,260 | $141,800 +9.2% |
| 2014 | $2,260 +3% | $129,900 +9% |
| 2013 | $2,194 | $119,200 -4.6% |
| 2012 | -- | $124,900 -14.5% |
| 2011 | -- | $146,000 -11.9% |
| 2010 | -- | $165,700 -13.1% |
| 2009 | -- | $190,600 -4.6% |
| 2008 | $2,387 +0% | $199,800 -2% |
| 2007 | $2,387 +43.1% | $203,900 +109.3% |
| 2002 | $1,669 -4.3% | $97,400 |
| 2001 | $1,743 | $97,400 -1.9% |
| 2000 | $1,743 | $99,300 |
Find assessor info on the county website
Neighborhood: South Tacoma
Nearby schools
GreatSchools rating
- 4/10Manitou Park Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 3/10Gray Middle SchoolGrades: 6-8Distance: 0.4 mi
- 1/10Mt Tahoma High SchoolGrades: 9-12Distance: 0.6 mi
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Estimated market value
$493,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$493,500
- Washington
- Pierce County
- Tacoma
- 98409
- South Tacoma
- 6722 S Monroe Street
Nearby cities
Nearby neighborhoods
Nearby zip codes
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