Listed by Tyler Vlasak, Coldwell Banker Bain
- 2,052
- Square feet
- $268
- Per sq ft
- Multi Family
- Type
- 1980
- Year built
- 12,500 sq ft
- Lot
- 149
- 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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Jeff's Neighborhood Guide
Get to know the Parkland area
Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.
Property details
Listing details
- Listing number
- #2525044
- Listed
- May 15, 2026
- Days on market
- 149
- Price per sq ft
- $268
- Original list price
- $599,950
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
Listed
$599,950
May 15, 2026
Current price
$550,000
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
$3,203
- Principal & interest
- $2,781
- Property tax (est.)
- $422
Assumes $110,000 down (20%), a $440,000 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.
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Based on information submitted to the MLS GRID as of October 12, 2026 at 8:00 AM 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.