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    Lakebay, WA Gig Harbor, WA Shelton, WA Longbranch, WA Grapeview, WA Allyn, WA Anderson Island, WA Belfair, WA
    One-Story Triplex with Carport Parking
    Updated: Jan 9
    One-Story Triplex with Carport Parking

    6905 S Madison, Tacoma, WA 98409

    $665,000
    2,652 sqft
    One‑story triplex built in 1978 with 3 units, each offering 2 bedrooms and 1.5 bathrooms
    Each unit includes washer/dryer hookup
    2652 total building area on a 0.21‑acre fenced lot (54x167) with poured concrete foundation
    Carport parking with dedicated storage for each unit
    Recent improvements include a new roof and gutters plus interior updates throughout
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    This listing looks promising.

    Here's a quick look at some key insights for

    6905 S Madison, Tacoma, WA 98409

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    • Est. Cap Rate

      5.3%
      NOI ÷ price

    • Est. NOI

      $35K
      Annual

    • Price @ 7% Cap

      $499K
      Suggested

    • Property Type

      Triplex
      Built 1978
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Tacoma, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    New Triplex Townhome Residences
    New Triplex Townhome Residences

    9916 NE 28TH Pl, Vancouver, WA 98686

    $1,323,000
    3,273 sqft 0.10 AC lot

    Newly constructed triplex offers three 2-bedroom, 2-bath townhome-style units with private backyards and in-unit laundry.

    View details
    Residential Income Triplex with Daylight Basement
    Residential Income Triplex with Daylight Basement

    2619 NE 45TH St, Vancouver, WA 98663

    $625,000
    2,868 sqft 0.21 AC lot

    For sale residential income triplex on 0.21 acres in Vancouver with an updated kitchen and fully finished daylight lower level.

    View details
    Fully Leased Corner Retail and Apartments
    Fully Leased Corner Retail and Apartments

    11427-11429 Rainier Ave S, Seattle, WA 98178

    $2,095,000
    6,440 sqft

    Corner building with four retail units and three apartments, fully renovated in 2020 and operating at 100% occupancy.

    View details
    Renovated Mixed-Use Investment Property
    Renovated Mixed-Use Investment Property

    11427 Rainier Ave S, Seattle, WA 98178

    $2,095,000
    6,440 sqft

    Turnkey mixed-use building offers four NNN commercial units and three renovated one-bedroom apartments with current full occupancy.

    View details

    Tacoma, WA Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Tacoma, WA on our real estate platform. These investment opportunities span a total of 2,652 square feet of properties for sale, with an estimated market value of $665,000.

    Sale prices for three-family homes in Tacoma, WA start at $665,000, averaging $665,000, and reaching up to $665,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 33
    Quadplexes 5
    Duplexes 2
    Short term rental properties 1
    Triplexes 1

    Demographics Overview

    Population 449K
    Population Growth (5Y) +2.6%
    Median Household Income $83,822
    College Educated 25.1%

    High-Yield Neighborhoods for Investment

    Identify Tacoma submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    98409 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 0.86%
    Property Tax per SF $8.91 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Tacoma fall within the 5,000 to 10,000 square foot range.

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