11905 Park AVE S, Tacoma, WA 98444
See all 40 photos
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
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Aaron Thomas Home Team

Aaron Thomas Home Team

+1(253) 740-7662
Listed by:COMPASS • Michael Haas
$ 749,000
Est. payment /mo
Save
New

11905 Park AVE S Tacoma, WA 98444

6 Beds

2,168 SqFt

UPDATED:

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 6

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 SCHOOLS & PROPERTIES

Aaron Thomas Home Team

Aaron Thomas Home Team

Team Leader License ID: 4370

+1(253) 740-7662

GET MORE INFORMATION

Full Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Aaron Thomas Home Team - Real Broker, LLC, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

11905 Park AVE S

QUICK SEARCH