Pending

Listed by: Century 21 Blue Chip • Greg Pubols

Price cut: $113K (8/17)

$435,000

1208 111th Street S, Tacoma, WA 98444

4beds

4baths

2,048sqft

$2,792/mo

Get pre-qualified

Duplex, Multi Family

Built in 1977

-- sqft lot

$421,200 Zestimate^®

$212/sqft

$-- HOA

What's special

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!

63 days
336
19

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, Multi Family

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: $212/sqft
Tax assessed value: $483,400
Annual tax amount: $5,874
Date on market: 7/9/2026
Cumulative days on market: 58 days
Listing terms: Conventional,FHA,VA Loan

Estimated market value

$421,200

$400,000 - $442,000

$1,432/mo

Price history

Date	Event	Price
8/27/2026	Pending sale	$435,000$212/sqft
Source: NWMLS as distributed by MLS GRID #2547437 Report a problem
8/17/2026	Price change	$435,000-20.6%$212/sqft
Source: NWMLS as distributed by MLS GRID #2547437 Report a problem
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
2025	$5,874 +11.6%	$483,400 +10.4%
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