Sold503d on market
6722 S Monroe Street
Tacoma, WA, 98409 • South Tacoma • Pierce County
$481,500
$358/sqft
4Beds
2Baths
1,344Sqft
0.14 acLot
1969Built
Property DNA
South Tacoma
South Tacoma
Market activity
Demand and pricing signals for this listing
14 views
People checking out this listing
1 saves
Buyers have saved this home
503 days on market
Established listing
$358/sqft
Price per square foot
About this home
Multi Family · Built 1969
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.
Standout features identified
Our analysis highlights fresh exterior paint, brand-new roof, and in-unit washers and dryers as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,997/month
Principal & Interest$2,355
Property Tax$482
Insurance$161
Down payment20% ($96,300)
3%50%
Est. 6.18% rate · 30yr fixed · $385,200 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1969
HeatingBaseboard, Electric
CoolingNone
Parking2 Covered Parking spaces
Property
Home typeMulti Family
Sub-typeMulti Family
ConditionGood
Year built1969
Systems
HeatingBaseboard, Electric
CoolingNone
RoofComposition
ConstructionWood Siding
Water / SewerPublic, Company: Tacoma / Sewer Connected, Company: Pierce county
Parking & Outdoor
ParkingOpen
Lot5,998 sqft
Location & Tax
NeighborhoodSouth Tacoma
Annual tax$4,633
Parcel9260000693
Features & details
6 categories of property features
Interior Features
Heating
Baseboard
Electric
Cooling
None
Exterior Features
Parking
Open
Construction
Wood Siding
Lot Features
Paved
Cable TV
Fenced-Partially
Outbuildings
Patio
Utilities
Comcast
Comcast
Listing insights
Market data and value estimates
StatusSold
Days on market503
Est. value$479,400
Est. rent$1,562/mo
Tax rate0.88%
Price/sqft$358
On marketNov 20, 2024
PostedSep 11, 2024
Last sold$481,500
MLS statusSold
MLS updatedDec 20, 2024
Tour days6
Views14
Favorites1
How are the schools in Tacoma?
3 schools rated nearby
Location
Tacoma, WA, 98409
Price history
10 events
DateEventPrice$/sqftSource
Nov 19, 2024Sold$481,500$358NWMLS as distributed by MLS GRID
Oct 16, 2024Pending Sale$490,000$365NWMLS as distributed by MLS GRID
Oct 8, 2024Listed For Sale$490,000$365NWMLS as distributed by MLS GRID
Oct 2, 2024Pending Sale$490,000$365NWMLS as distributed by MLS GRID
Sep 11, 2024Listed For Sale$490,000$365NWMLS as distributed by MLS GRID
Nov 30, 2017Sold$225,769$168Public Record
Sep 17, 2004Sold$174,000$129NWMLS as distributed by MLS GRID
May 23, 2002Sold$112,500$84Public Record
Oct 11, 2000Sold$127,973$95Public Record
Dec 23, 1998Sold$80,856$60Public Record
Sold$481,500
Nov 19, 2024•$358/sqft•NWMLS as distributed by MLS GRID
Pending Sale$490,000
Oct 16, 2024•$365/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$490,000
Oct 8, 2024•$365/sqft•NWMLS as distributed by MLS GRID
Pending Sale$490,000
Oct 2, 2024•$365/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$490,000
Sep 11, 2024•$365/sqft•NWMLS as distributed by MLS GRID
Sold$225,769
Nov 30, 2017•$168/sqft•Public Record
Sold$174,000
Sep 17, 2004•$129/sqft•NWMLS as distributed by MLS GRID
Sold$112,500
May 23, 2002•$84/sqft•Public Record
Sold$127,973
Oct 11, 2000•$95/sqft•Public Record
Sold$80,856
Dec 23, 1998•$60/sqft•Public Record
Tax history
19 years of records
YearTax paidAssessed value
Apr 7, 2024$4,903$450,300
Apr 7, 2023$4,633$416,100
Apr 7, 2022$4,064$391,100
Apr 7, 2021$3,964$345,500
Apr 7, 2019$2,905$267,900
Apr 7, 2018$3,070$223,300
Apr 7, 2017$2,551$194,200
Apr 7, 2016$2,260$141,800
Apr 7, 2014$2,260$129,900
Apr 7, 2013$2,194$119,200
Apr 7, 2012—$124,900
Apr 7, 2011—$146,000
Apr 7, 2010—$165,700
Apr 7, 2009—$190,600
Apr 7, 2008$2,387$199,800
Apr 7, 2007$2,387$203,900
Apr 7, 2002$1,669$97,400
Apr 7, 2001$1,743$97,400
Apr 7, 2000$1,743$99,300
Nearby homes
Neighborhood details
Local context around this listing
Tacoma, WA • Pierce County
Nearby neighborhoods
Browns PointCentralDash PointEastside-ENACTNew TacomaNorth EndNortheast TacomaSouth EndSouth TacomaWest End
Nearby cities
Bonney LakeEnumclawGig HarborGrahamLakewoodParklandPuyallupSpanaway
Nearby zip codes
98403984049840598406984079840898409984189842298444
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Based on information submitted to the MLS GRID as of 2026-04-07 12:58:44 PDT. 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. [Click here for more information](/mls-disclaimers/#39)
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