11113 11115 Sheridan Avenue S, Parkland, WA 98444

$500,000
1,716
SqFt

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Listing courtesy of Keller Williams Rty Tacoma. Selling Office: Skyline Properties, Inc..

Sold Price
$500,000
List Price
$539,900
Status
SOLD
MLS#
2414550
Closing Date
Sep 11, 2025
Days on Market
15
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,716
Area Total SqFt
1716
Annual Tax Ammount
5062
Lot Size (sq ft)
10,350
Sewer
Sewer Connected
Offer Review Date
2025-08-11

Property Description

Centrally located, this updated duplex is minutes from PLU, JBLM, public transit, and Hwy 512. Each 2-bed, 1-bath unit offers 858 sq ft of refreshed living space with remodeled interiors, a newer roof, and fresh exterior paint. Private laundry rooms with utility sinks, fully fenced yard, and side entries add convenience and privacy. A detached 2-car garage features a divider wall for separate stalls, plus ample off-street parking. This well-maintained, turn-key property is a perfect investment or owner-occupied opportunity in a prime location!

Additional Information

List Date
2025-08-27 00:00:00
Community
Parkland
Net Operating Income
$3,328
Gross Adjusted Income
$10,740
Gross Scheduled Income
$10,740
Total Monthly Income
$895
Insurance Expenses
$1,000
Water/Sewer/Garbage Expenses
$1,350
Gross Rent Multiplier
50.27
Total Expenses
$7,412
Cap Rate
0.62
Vacancy Rate
50
Total Number of Units
2
Unit Name
11113 11115
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1958
Roof
Composition
Site Features
Fenced-Fully
Energy Source
Electric
School District
Franklin Pierce
Total Monthly Income
$895
Gross Scheduled Income
$10,740
Vacancy Rate
50
Gross Adjusted Income
$10,740
Tax Year
2025
Insurance Expense
$1,000
W/S/G Expenses
$1,350
Total Expenses
$7,412
Net Operating Income
$3,328
Gross Rent Multiplier
50.27
Cap Rate
0.62
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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