621 N Pine Street, Tacoma, WA 98406

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Listing Broker: PropertiesNW of Gig Harbor Ltd; Patrick W. Mercado; ; Selling Office: John L. Scott, Inc..

Sold Price
$575,000
List Price
$599,000
Status
SOLD
MLS#
2432775
Closing Date
Dec 15, 2025
Days on Market
64
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,862
Area Total SqFt
2862
Annual Tax Ammount
6772
Internet Provider
Xfinity
Lot Size (sq ft)
3,750
Sewer
Sewer Connected

Property Description

Opportunity knocks with this hip 6th Ave District duplex! Right in the heart of the action—steps from top restaurants, bars, and unique shops. Solid building in one of Tacoma’s most walkable neighborhoods. A classic Craftsman porch welcomes you to the shared entry. The vacant main-floor unit offers 1,136 sq. ft. with 2 bedrooms and 1 bath, a spacious living room with adjoining dining area, plus a nicely updated kitchen with walk-in pantry and separate laundry room. Upstairs, the occupied 1-bed, 1-bath unit (686 sq. ft.) features its own washer and dryer; the long-term tenant hopes to stay. A full unfinished basement provides ample storage, and the alley offers a paved parking pad for two vehicles. Come take a look!

Additional Information

List Date
2025-10-12 00:00:00
Community
North Tacoma
Net Operating Income
$31,544
Gross Adjusted Income
$42,216
Gross Scheduled Income
$42,216
Total Monthly Income
$3,518
Insurance Expenses
$1,500
Water/Sewer/Garbage Expenses
$2,400
Gross Rent Multiplier
15.39
Total Expenses
$10,672
Cap Rate
5.27
Total Number of Units
2
Unit Name
621
Potential Terms
Cash Out, Conventional
Year Built
1911
Roof
Composition
Site Features
Fenced-Fully, Gas Available, High Speed Internet, Patio
Energy Source
Electric, Natural Gas
School District
Tacoma
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$3,518
Gross Scheduled Income
$42,216
Gross Adjusted Income
$42,216
Tax Year
2025
Insurance Expense
$1,500
W/S/G Expenses
$2,400
Total Expenses
$10,672
Net Operating Income
$31,544
Gross Rent Multiplier
15.39
Cap Rate
5.27
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.
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