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JRJeff ReynoldsCompass · Seattle

Listed by Davina L. Clardy, John L. Scott Dupont

1,368
Square feet
$362
Per sq ft
Multi Family
Type
1956
Year built
10,000 sq ft
Lot
18
Days on market

About this property

Opportunity meets flexibility with this fully occupied duplex in the heart of Parkland! Whether you're an investor seeking strong cash flow or a first-time buyer looking to offset your mortgage by living in one unit and renting the other, this property offers exceptional potential. Each unit features 2 bedrooms and 1 bathroom, recently refreshed interiors, kitchen appliances included, and separate driveways for added convenience and privacy. Situated on a large corner lot, both units enjoy their own spacious, fully fenced backyard...an attractive feature for tenants and owner-occupants alike. Ideally located near Pacific Lutheran University, shopping, major freeways, and Joint Base Lewis-McChord, this property benefits from a highly desirable rental location. A newer roof installed within the last few years adds peace of mind, while the low-maintenance design and established rental history make ownership easy. With affordability, full occupancy, reliable income, and prime upside potential, this duplex is a smart addition to any investment portfolio and an excellent opportunity for buyers looking to build wealth through real estate.

Location & commute

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Directions

Property details

Listing details

Listing number
#2544777
Listed
June 25, 2026
Days on market
18
Price per sq ft
$362

Unit & building

Stories in building
1
Units in building
2

Parking

Total spaces
4

Construction

Year built
1956
Style
52 - Duplex
Structure
Duplex
Roof
Composition

Heating & cooling

Heating
BaseboardWall Furnace
Cooling
None
Energy source
Electric

Flooring

Flooring
Ceramic TileVinylCarpet

Lot

Lot features
Corner LotPaved
Lot size
10,000 sq ft

Terms

Terms offered
CashConventionalFHAVA Loan

Utilities

Water
Parkland Light and Water
Sewer
Pierce County Sewer
Power
Parkland Light and 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.

  • Duplex
  • Composition
  • Baseboard
  • Wall Furnace
  • None
  • Electric
  • Ceramic Tile
  • Vinyl
  • Carpet
  • Corner Lot
  • Paved
  • Cash

Listing history

  1. Listed

    $495,000

    June 25, 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

$2,883

Principal & interest
$2,503
Property tax (est.)
$380

Assumes $99,000 down (20%), a $396,000 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.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 11:15 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.