11905 Park Avenue S Tacoma, WA $ 749,000
11905 Park Avenue S
$ 749,000
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11905 Park Avenue S

Tacoma, WA, 98444
$ 749,000
Bedrooms6 Baths0.0 Sq 2,168

Monthly Estimate*

$ 5,173

Listed by Michael Haas, COMPASS, 408-439-7873, Michael.Haas@compass.com
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Multi-Family Home for sale in Tacoma, WA

for $749,000 with 6 bedrooms. This 2,168 square foot home was built in 1955 on a lot size of 0.2296.

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!

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Multi-Family Active

Price

$ 749,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 5,501

Style

10+ Units

Lot Size

0.2296

Year Built

1955

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2588383

Features
General
Living Area 0
Sewer Sewer Connected
Heating HRV/ERV System
Cooling None
Possession Subject To Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 0
Security Features Partially Fenced
Year Built 1955
Property Subtype Multi Family
Tax Year 2026
County Pierce
Net Operating Income 61682
Insurance Expense 1166
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Parkland
Special Listing Conditions None
Status Active
Directions GPS Friendly
High School Wash High
City Tacoma
Senior Community Y/N N
High School District Franklin Pierce
Number Of Units Total 12
MLS Area 69 - Parkland
Lot Size Units Square Feet
Lot Size Square Feet 10000
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Brookdale Elem
Tax Annual Amount 5501.02
Electric Expense 5438
Fuel Expense 668
Middle/Junior High School Perry G Keithley Mid
Public Remarks 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
Leasable Area 2168
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Water Company TPU
Units Below Grade false
Units In Building Total 12
Water Sewer Garbage 6220
Property Style 56 - 10+ Units
Cap Rate 9.28
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Exterior
Exterior Amenities Cement Planked
Parking Features RV Parking
Lot Features Corner Lot
Water Source Public
Total Parking 12
Foundation Details Poured Concrete
Building Area Total 2168
Lot Size Acres 0.2296
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Electric Car Charging Fenced-Partially Gas Available High Speed Internet Patio RV Parking
Parking Uncovered Total 12
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Interior
Flooring Hardwood Laminate Vinyl
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
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 NWM2588383
Street Number 1 11905
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* Excluded Features
List By
Michael Haas

Listing Agent

Compass

Broker

Michael.Haas@compass.com

Email

Affordability Calculator

$5,632
Per Month
92%
8%
0%
Monthly Principal & Interest
$5,173
Monthly Property Taxes
$458
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
Pricing History
DatePricePrice ChangeDescription
10/14/2026$749,000 Listed Price

Map


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11905 Park Avenue S, Tacoma, WA, 98444 is a Multi-Family Home for sale at $749,000 with 2,168 sqft and a lot size of 0.2296. 11905 Park Avenue S has 6 bedrooms, 0.0 baths, and was built in 1955. The property's zip code is 98444 which is in Tacoma, WA