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JRJeff ReynoldsCompass · Seattle

Listed by Greg Pubols, Century 21 Blue Chip

2,048
Square feet
$268
Per sq ft
Multi Family
Type
1977
Year built
9,000 sq ft
Lot
9
Days on market

About this property

Fantastic investment opportunity in the heart of Parkland! This well-maintained duplex offers immediate income with plenty of upside potential. Both units have seen updates, making this an attractive option for tenants while minimizing near-term maintenance. Whether you're looking to expand your rental portfolio or live in one unit while renting the other, this property offers flexibility and long-term value. With strong rental demand in the area, there's an excellent opportunity to increase rents over time as leases renew and continue maximizing your return. Conveniently located near schools, shopping, dining, parks, and major commuter routes, this is an investment you won't want to miss. Don't miss your chance to own a solid income-producing property in a desirable Parkland location! Easy option to live in one side and rent out the other. Get your mortgage paid!

Location & commute

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Directions

Property details

Listing details

Listing number
#2547437
Listed
July 4, 2026
Days on market
9
Price per sq ft
$268

Unit & building

Building
Palmers 1st To Tacoma
Stories in building
2
Units in building
2

Parking

Covered spaces
2
Total spaces
6

Construction

Year built
1977
Style
52 - Duplex
Structure
Duplex
Roof
Composition

Heating & cooling

Heating
Baseboard
Cooling
None
Energy source
Electric

Flooring

Flooring
LaminateVinylCarpet

Lot

Lot features
Paved
Lot size
9,000 sq ft

Terms

Terms offered
CashConventionalFHAVA Loan

Utilities

Water
Parkland Light & Water
Sewer
Pierce County Sewer
Power
TPU

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
  • None
  • Electric
  • Laminate
  • Vinyl
  • Carpet
  • Paved
  • Cash
  • Conventional
  • FHA

Listing history

  1. Listed

    $548,000

    July 4, 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

$3,191

Principal & interest
$2,771
Property tax (est.)
$420

Assumes $109,600 down (20%), a $438,400 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 14, 2026 at 12:15 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.