Sold

Listed by: Icon Group

Bought with: Icon Group

$570,000

720 108th Street S, Tacoma, WA 98444

--beds

--baths

2,101sqft

Multi Family

Built in 1965

-- sqft lot

$-- Zestimate^®

$271/sqft

$2,528 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,528/mo

Zestimate^® history

Owner options

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$2,528/mo

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$2,528/mo

Rent Zestimate^®

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$3,455/mo

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$3,455/mo

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What's special

Add to your investment portfolio today! 6.3% cap rate!! First time on the market 5-plex. Each unit has 1 bedroom, 1 bathroom kitchen & living space. All units fully rented out w/ low turnover rate. 5 new electrical subpanels upgraded in 2023. Unit #5 has new heater, upgraded wiring & new stove. Upgraded plumbing w/ clean out access. Owner pays electric on units 3, 4, 5. Brand New water heater installed in shared laundry room in 2024. Common area maintenance included in rent. Outside city limits of Tacoma, only county & state rental rules apply. Onsite property manager. Buyer to verify all info. Great location! Close to PLU, JBLM, restaurants, shopping & bus line.

Facts & features

Interior

Heating

Baseboard, Forced Air, Electric

Cooling

Forced Air

Features

Flooring: Laminate, Carpet
Has fireplace: No

Interior area

Total structure area: 2,101
Total interior livable area: 2,101 sqft

Property

Parking

Total spaces: 6
Parking features: Open
Uncovered spaces: 6

Features

Patio & porch: Laminate, Wall to Wall Carpet

Lot

Size: 8,999 sqft
Features: Dead End Street, Paved, Fenced-Partially

Details

Parcel number: 6260001101
Zoning description: Commercial,Multi-Family,Residential,Jurisdiction: County
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Siding, Wood Products
Foundation: Poured Concrete
Roof: Built-Up,Flat

Condition

Year built: 1965

Utilities & green energy

Electric: Company: TPU
Sewer: Sewer Connected, Company: Pierce County
Water: Public, Company: TPU

Community & neighborhood

Location

Region: Tacoma
Subdivision: Tacoma

Other

Other facts

Listing terms: Conventional
Cumulative days on market: 528 days

Price history

Date	Event	Price
11/12/2025	Listing removed	$1,350$1/sqft
Source: Zillow Rentals Report a problem
10/29/2025	Price change	$1,350-5.3%$1/sqft
Source: Zillow Rentals Report a problem
9/16/2025	Listed for rent	$1,425$1/sqft
Source: Zillow Rentals Report a problem
3/13/2025	Sold	$570,000-11.6%$271/sqft
Source: NWMLS as distributed by MLS GRID #2207841 Report a problem
9/16/2024	Pending sale	$645,000$307/sqft
Source: NWMLS as distributed by MLS GRID #2207841 Report a problem
9/16/2024	Listed for sale	$645,000$307/sqft
Source: NWMLS as distributed by MLS GRID #2207841 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$6,131 +5.7%	$515,200 +3.6%
2023	$5,801 +0.4%	$497,500 -3.5%
2022	$5,778 +5.1%	$515,500 +17.4%
2021	$5,497 +55%	$439,000 +41.7%
2019	$3,546 -6.8%	$309,800 +15.3%
2018	$3,805 +6.6%	$268,700 +22.9%
2017	$3,570 +8.5%	$218,600 +24.4%
2016	$3,292	$175,700 +3%
2014	$3,292 +12.5%	$170,500 +9.2%
2013	$2,926	$156,100 +7.1%
2012	--	$145,700 -7.8%
2011	--	$158,000 -11.5%
2010	--	$178,600