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JRJeff ReynoldsCompass · Seattle

Listed by Tyler Vlasak, Coldwell Banker Bain

2,052
Square feet
$292
Per sq ft
Multi Family
Type
1980
Year built
12,500 sq ft
Lot
59
Days on market

About this property

Excellent multi-family investment opportunity in South Tacoma offering strong cash flow potential and long-term upside. Situated on a spacious lot, this property features multiple income-producing units with functional layouts, comfortable living spaces, and strong rental appeal. Investors will appreciate the opportunity to generate steady monthly income while benefiting from Tacoma’s continued rental demand and growth.The property offers ample parking, outdoor space, and convenient access to shopping, schools, public transportation, JBLM, and major commuter routes—making it highly attractive to tenants. Whether you’re expanding your portfolio, house hacking, or seeking a value-add opportunity with future upside, this property presents flexibility and income potential in a desirable location.A rare chance to own a versatile multi-family asset with immediate revenue potential and room for future growth.

Location & commute

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Directions

Property details

Listing details

Listing number
#2525044
Listed
May 15, 2026
Days on market
59
Price per sq ft
$292

Unit & building

Stories in building
2
Units in building
2

Parking

Covered spaces
1
Total spaces
5

Views

View
Territorial

Construction

Year built
1980
Style
52 - Duplex
Structure
Duplex
Roof
Composition

Heating & cooling

Heating
Forced AirWall Furnace
Cooling
None
Energy source
Electric

Flooring

Flooring
VinylCarpet

Lot

Lot features
Paved
Lot size
12,500 sq ft

Terms

Terms offered
CashConventionalFHAVA Loan

Utilities

Water
Parkland Light & Water
Sewer
Pierce County
Power
Parkland Light & Water

Schools

District
Franklin Pierce
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Territorial
  • Duplex
  • Composition
  • Forced Air
  • Wall Furnace
  • None
  • Electric
  • Vinyl
  • Carpet
  • Paved
  • Cash
  • Conventional

Listing history

  1. Listed

    $599,950

    May 15, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$3,494

Principal & interest
$3,034
Property tax (est.)
$460

Assumes $119,990 down (20%), a $479,960 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 11:01 PM 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.