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521 128th Street S Tacoma, WA $ 499,000
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$ 499,000 Get more info
521 128th Street S
$ 499,000
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Share Save

521 128th Street S

Tacoma, WA, 98444
$ 499,000
Baths0.0 Sq 1,926

Monthly Estimate*

$ 3,113

Listed by eXp Realty
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View a Virtual Tour
Studio

Multi-Family Home for sale in Tacoma, WA

for $499,000. This 1,926 square foot home was built in 1900 on a lot size of 0.2296.

ASSUMABLE FHA LOAN at 2.75% RATE! Cash-flowing triplex just a block from PLU. Ideal for investors seeking stability and upside. Unit 1 features a newly remodeled bathroom. Unit 3 (top floor) offers 2 beds, 1.75 bath, fresh tile flooring, and territorial balcony. All appliances across units are under 2 years old. Located on a spacious, grassy 10,000 sq ft corner lot with beautiful black walnut trees, ample parking, shared laundry, storage, and a short walk away from PLU college campus. Turnkey asset with proven rental history and reliable property manager already in place.

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Multi-Family Pending

Price

$ 499,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,492

Style

Tri-plex

Lot Size

0.2296

Year Built

1900

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2419403
Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air
Cooling Window Unit(s)
Possession Closing
Roof Composition
HOA Fee 0
Year Built 1900
Property Subtype Multi Family
Tax Year 2025
Building Name Parkland Townsite
County Pierce
Net Operating Income 31663
Insurance Expense 1365
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Parkland
Possible Use Multi-Family Residential
Special Listing Conditions None
Status Pending
Directions i-5 south exit 127 for WA-512 E left on WA-512 E exit right onto Pacific Ave S right on 128th St S on your right.
High School Wash High
City Tacoma
Senior Community Y/N N
High School District Franklin Pierce
Zoning Description Multi-Family Residential
Open Parking Spaces 7
Number Of Units Total 3
MLS Area 63 - Parkland
Lot Size Units Square Feet
Lot Size Square Feet 10000
Carport Spaces 0
Carport Y/N N
Listing Terms Assumable Cash Out Conventional FHA VA Loan
Elementary School Brookdale Elem
Tax Annual Amount 5492
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Perry G Keithley Mid
Property Condition Average
Public Remarks ASSUMABLE FHA LOAN at 2.75% RATE! Cash-flowing triplex just a block from PLU. Ideal for investors seeking stability and upside. Unit 1 features a newly remodeled bathroom. Unit 3 (top floor) offers 2
Leasable Area 1926
Virtual Tour https://youtu.be/Z7t-dmv8sHc
Structure Type Triplex
Building Area Units Square Feet
Standard Status Pending
Water Company Parkland Light & Water
Units Below Grade false
Units In Building Total 3
Water Sewer Garbage 0
Property Style 53 - Tri-plex
Cap Rate 6.03
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Exterior
Exterior Amenities Wood
Parking Features RV Parking
Lot Features Corner Lot Paved
Water Source Public
Total Parking 7
Foundation Details Poured Concrete
Building Area Total 1926
Lot Dimensions 100' x 101'
Lot Size Acres 0.2296
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Deck Gas Available High Speed Internet RV Parking
Parking Uncovered Spaces 7
Lot Number 3 & 4
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Interior
Flooring Ceramic Tile Laminate Vinyl
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2419403
Street Number 1 521
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* Excluded Features
List By
Beau Sterling

Listing Agent

Exp Realty

Broker

Affordability Calculator

$3,571
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,113
Monthly Property Taxes
$458
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258176 Elementary School
257289 Middle School
Wash High High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/11/2025$499,000 Listed Price

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521 128th Street S, Tacoma, WA, 98444 is a Multi-Family Home for sale at $499,000 with 1,926 sqft and a lot size of 0.2296. 521 128th Street S is a studio with 0.0 baths and was built in 1900. The property's zip code is 98444 which is in Tacoma, WA

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