Fantastic investment opportunity in the heart of Parkland! This well-maintained duplex offers immediate income with plenty of upside potential. Both units have seen updates, making this an attractive option for tenants while minimizing near-term maintenance. Whether you're looking to expand your rental portfolio or live in one unit while renting the other, this property offers flexibility and long-term value. With strong rental demand in the area, there's an excellent opportunity to increase rents over time as leases renew and continue maximizing your return. Conveniently located near schools, shopping, dining, parks, and major commuter routes, this is an investment you won't want to miss. Don't miss your chance to own a solid income-producing property in a desirable Parkland location! Easy option to live in one side and rent out the other. Get your mortgage paid!
Active
Listed by: Century 21 Blue Chip • Greg Pubols
$548,000
1208 111th Street S, Tacoma, WA 98444
4beds
4baths
2,048sqft
Duplex
Built in 1977
-- sqft lot
$548,800 Zestimate®
$268/sqft
$-- HOA
What's special
- 12 days |
- 185 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Greg Pubols,
Century 21 Blue Chip
Source: NWMLS as distributed by MLS GRID,MLS#: 2547437
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Laminate, Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 2,048
- Total interior livable area: 2,048 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage
- Garage spaces: 1
- Carport spaces: 1
- Covered spaces: 2
- Uncovered spaces: 4
Lot
- Size: 8,999 Square Feet
- Dimensions: 75' x 120' x 75' x 120'
- Features: Paved
Details
- Parcel number: 6645000629
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Very Good
- Year built: 1977
- Major remodel year: 1993
Utilities & green energy
- Electric: Company: TPU
- Sewer: Sewer Connected, Company: Pierce County Sewer
- Water: Public, Company: Parkland Light & Water
Community & HOA
Community
- Subdivision: Parkland
Location
- Region: Tacoma
Financial & listing details
- Price per square foot: $268/sqft
- Tax assessed value: $437,700
- Annual tax amount: $5,874
- Date on market: 7/3/2026
- Cumulative days on market: 14 days
- Listing terms: Conventional,FHA,VA Loan
Estimated market value
$548,800
$521,000 - $576,000
$2,102/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/4/2026 | Listed for sale | $548,000$268/sqft |
Source:  NWMLS as distributed by MLS GRID #2547437 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,262 -29.5% | $437,700 +5.1% |
| 2023 | $7,468 +52.6% | $416,500 -3.9% |
| 2022 | $4,894 +10.1% | $433,300 +23.5% |
| 2021 | $4,443 +43.5% | $350,900 +42.1% |
| 2019 | $3,096 -8.4% | $246,900 +5.5% |
| 2018 | $3,382 +12.4% | $234,000 +20.3% |
| 2017 | $3,010 -1.5% | $194,500 +23% |
| 2016 | $3,057 | $158,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98444
Nearby schools
GreatSchools rating
- 7/10James Sales Elementary SchoolGrades: K-5Distance: 0.1 mi
- 2/10Perry G Keithley Middle SchoolGrades: 6-8Distance: 0.8 mi
- 5/10Washington High SchoolGrades: 9-12Distance: 1 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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