11905 Park AVE S, Tacoma, WA 98444
11905 Park AVE S, Tacoma, WA 98444
11905 Park AVE S, Tacoma, WA 98444
11905 Park AVE S, Tacoma, WA 98444
11905 Park AVE S, Tacoma, WA 98444
11905 Park AVE S, Tacoma, WA 98444
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Brianne Field

Brianne Field

+1(425) 232-2642
Listed by:COMPASS • Michael Haas
$ 749,000
Est. payment | /mo

12 Beds

4 Baths

2,168 SqFt

Save
$ 749,000
Est. payment | /mo
Save

12 Beds

4 Baths

2,168 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,168 sqft

Price per Sqft $345

Subdivision Parkland

MLS Listing ID 2588383

Style 56 - 10+ Units

Bedrooms 12

Year Built 1955

Annual Tax Amount $5,501

Lot Size 10,000 Sqft

Property Sub-Type Multi Family

Property Description

They said the "1% Rule" was impossible - but this Parkland rental delivers! This large corner-lot home is split into 3 separate living suites, each with its own kitchen & laundry: a 6-bed/2-bath suite, & two 3-bed/1-bath suites. Renovated to the studs in 2017 & capped with a new 2026 roof & sheeting. Built to last with full insulation, all new plumbing lines, tankless water heater, LVP + laminate flooring, & electric heat w/ thermostats. Sold fully furnished, mostly occupied, & systemized for immediate cashflow! Favorite tenant upgrades include a large covered patio, fenced & level backyard with a large storage shed, plus abundant off-street parking for 10+ cars & an EV hookup. Ask the listing agent for ROI spreadsheets showing $ 1,850 in monthly cashflow after conservative accounting for vacancy, reserves & actual expenses! Great location: walk to major commuter buses, Pacific Lutheran University (PLU), Sushi Burrito & other Garfield Street cafes. Easily hop on SR-512 and I-5 freeways for nearby JBLM, Tacoma, & Seattle. Investments like this don't come often!

Location

State WA

County Pierce

Area 69 - Parkland

Interior

Flooring Hardwood, Laminate, Vinyl

Fireplace false

Exterior

Exterior Feature Cement Planked

Amenities Available Electric Car Charging, Fenced-Partially, Gas Available, High Speed Internet, Patio, RV Parking

View Y/N No

Roof Type Composition

Building

Lot Description Corner Lot

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Brookdale Elem

Middle Schools Perry G Keithley Mid

High Schools Wash High

School District Franklin Pierce

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby Locations

Brianne Field

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(425) 232-2642

[email protected]

4903 23rd Ave W, Everett, Washington 98203, USA

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11905 Park AVE S