11212 Bridgeport Way SW # 10 Tacoma, WA $ 1,375,000
11212 Bridgeport Way SW # 10
$ 1,375,000
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11212 Bridgeport Way SW # 10

Tacoma, WA, 98499
$ 1,375,000
Baths0.0 Sq 7,500

Monthly Estimate*

$ 8,466

Listed by Paragon Real Estate Advisors
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Studio

Multi-Family Home for sale in Tacoma, WA

for $1,375,000. This 7,500 square foot home was built in 1964 on a lot size of 0.5503.

A 10-unit multifamily investment opportunity in South Puget Sound offers investors a stable, efficiently sized asset in an accessible, renter-demand driven neighborhood. Built in 1964, the property features (4) one-bedroom, (4) two-bedroom, and (2) three-bedroom one-bath units, appealing to a broad tenant base and supporting consistent occupancy. The property recently underwent capital improvements, including a fully upgraded electrical system with new panel replacements. Strategically located with excellent visibility and connectivity, the property provides convenient access to employment centers, military installations, and retail corridors. Residents enjoy proximity to shopping, dining, parks, and services. The property presents a clear value-add opportunity through potential interior upgrades, storage income implementation, and rental optimization. With strong fundamentals and straightforward operations, the asset offers immediate income stability and long-term upside. This offering represents an opportunity to acquire a well-located multifamily asset with scalable potential and durable tenant demand in the region.

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Multi-Family Active

Price

$ 1,375,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 15,574

Style

10+ Units

Lot Size

0.5503

Year Built

1964

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2529802

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing Subject To Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 0
Year Built 1964
Unit Number 10
Property Subtype Multi Family
Tax Year 2025
County Pierce
Net Operating Income 72620
Insurance Expense 8183
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Lakewood
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From downtown Seattle head south on I-5 toward Tacoma. Continue past Tacoma on I-5 South. Exit 119 for Bridgeport Way SW. Turn right and proceed 12 miles. The property at 11212 is on your left.
City Tacoma
Senior Community Y/N N
High School District Lakewood
Zoning Description Multi-Family
Number Of Units Total 10
MLS Area 36 - Lakewood
Lot Size Units Square Feet
Lot Size Square Feet 23972
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 15574
Electric Expense 0
Fuel Expense 0
Public Remarks A 10-unit multifamily investment opportunity in South Puget Sound offers investors a stable efficiently sized asset in an accessible renter-demand driven neighborhood. Built in 1964 the property feat
Leasable Area 7500
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry
Units Below Grade false
Units In Building Total 10
Water Sewer Garbage 19073
Property Style 56 - 10+ Units
Cap Rate 5.32
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Exterior
Exterior Amenities Wood Products
Water Source Public
Total Parking 15
Foundation Details Poured Concrete
Building Area Total 7500
Lot Size Acres 0.5503
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Total 15
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Interior
Flooring Laminate Vinyl Carpet
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2529802
Street Number 1 11212
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* Excluded Features
List By
Tanner Fogle

Listing Agent

Paragon Real Estate Advisors

Broker

Affordability Calculator

$9,764
Per Month
87%
13%
0%
Monthly Principal & Interest
$8,466
Monthly Property Taxes
$1,298
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
256899 Elementary School
256742 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/27/2026$1,375,000 Listed Price

Map


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11212 Bridgeport Way SW # 10, Tacoma, WA, 98499 is a Multi-Family Home for sale at $1,375,000 with 7,500 sqft and a lot size of 0.5503. 11212 Bridgeport Way SW # 10 is a studio with 0.0 baths and was built in 1964. The property's zip code is 98499 which is in Tacoma, WA