This is a great opportunity to have an instant cash return on an investment. The rents are currently below market, and by increasing them the cap rate could reach as high as 7.5%. The property consists of two duplexes featuring two 2 bedroom, 1 bathroom units, one 2 bedroom, 1.5 bathroom unit, and one 2 bedroom, 2.5 bathroom unit, with each unit offering its own fireplace. The buildings are very well maintained and include a 2 car garage along with an additional 3 car garage, plus two covered parking stalls. The total parcel spans 7 acres in a fantastic location. Planning and Zoning has indicated they would consider a plan for cluster development. Additional features include a new roof installed in 2018 and fully paid off solar panels. Showings are available upon a signed agreement.
Sold
Listed by: Real Broker LLC • James Nam
Bought with: TPMS Realty LLC
$975,000
12410 36th Avenue E, Tacoma, WA 98446
8beds
7baths
4,600sqft
Quadruplex, Multi Family
Built in 1984
-- sqft lot
$974,800 Zestimate®
$212/sqft
$1,917 Estimated rent
Home value
$974,800
$916,000 - $1.03M
$1,917/mo
Zestimate® history
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$1,917/mo
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$1,917/mo
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$6,063/mo
Est. payment
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$6,063/mo
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List your homeWhat's special
Two covered parking stalls
Zillow last checked:
Listing updated:
Listed by:
James Nam,
Real Broker LLC,
Teo Okamura,
John L. Scott, Inc.
Bought with:
Karla Valencia, 21013549
TPMS Realty LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2500263
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 7
Heating
- Forced Air, Radiant, Electric
Cooling
- Window Unit(s)
Features
- Flooring: Hardwood, Carpet
- Has fireplace: No
Interior area
- Total structure area: 4,600
- Total interior livable area: 4,600 sqft
Property
Parking
- Total spaces: 8
- Parking features: Garage
- Garage spaces: 5
- Carport spaces: 3
- Covered spaces: 8
- Uncovered spaces: 5
Lot
- Size: 6.88 Acres
- Features: Dead End Street, Open Lot, Secluded, Value In Land, Deck
Details
- Parcel number: 0319114002
- Zoning description: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex, Multi Family
Materials
- Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1984
Utilities & green energy
- Electric: Company: ELMHURST
- Sewer: Septic Tank, Company: Septic
- Water: Public, Company: TGACOMA
Community & HOA
Community
- Subdivision: Summit
Location
- Region: Tacoma
Financial & listing details
- Price per square foot: $212/sqft
- Annual tax amount: $13,440
- Date on market: 6/8/2026
- Cumulative days on market: 44 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Sold | $975,000-2.5%$212/sqft |
Source:  NWMLS as distributed by MLS GRID #2500263 Report a problem | ||
| 4/16/2026 | Pending sale | $999,950$217/sqft |
Source: NWMLS as distributed by MLS GRID #2500263 Report a problem | ||
| 4/12/2026 | Listed for sale | $999,950+34.2%$217/sqft |
Source: NWMLS as distributed by MLS GRID #2500263 Report a problem | ||
| 1/8/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/13/2023 | Price change | $1,400-6.7% |
Source: Zillow Rentals Report a problem | ||
| 12/6/2023 | Listed for rent | $1,500 |
Source: Zillow Rentals Report a problem | ||
| 9/12/2017 | Listing removed | $745,000$162/sqft |
Source: NRB Property Management, LLC #978198 Report a problem | ||
| 6/14/2017 | Listed for sale | $745,000+6.4%$162/sqft |
Source: NRB Property Management, LLC #978198 Report a problem | ||
| 7/8/2016 | Listing removed | $699,950$152/sqft |
Source: Windermere Professional Partners #923784 Report a problem | ||
| 4/13/2016 | Listed for sale | $699,950$152/sqft |
Source: Windermere Professional Partners #923784 Report a problem | ||
Public tax history
Tax history is unavailable.
Find assessor info on the county website
Neighborhood: 98446
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Nearby schools
GreatSchools rating
- 6/10Collins Elementary SchoolGrades: K-5Distance: 1.1 mi
- 4/10Morris Ford Middle SchoolGrades: 6-8Distance: 1.8 mi
- 4/10Franklin-Pierce High SchoolGrades: 9-12Distance: 1.6 mi
Get a cash offer in 3 minutes
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Estimated market value
$974,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$974,800
- Washington
- Pierce County
- Clover Creek
- 98446
- 12410 36th Avenue E
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