521 128th Street S, Tacoma, WA 98444
- $480,000
- 1,926
- SqFt
Listing courtesy of eXp Realty. Selling Office: eXp Realty.
- Sold Price
- $480,000
- List Price
- $499,000
- Status
- SOLD
- MLS#
- 2419403
- Closing Date
- Dec 19, 2025
- Days on Market
- 126
- Style
- 53 - Tri-plex
- Building Condition
- Average
- Finished SqFt
- 1,926
- Area Total SqFt
- 1926
- Annual Tax Ammount
- 5492
- Lot Size (sq ft)
- 10,000
- Sewer
- Sewer Connected
Property Description
ASSUMABLE FHA LOAN at 2.75% RATE! Cash-flowing triplex just a block from PLU. Ideal for investors seeking stability and upside. Unit 1 features a newly remodeled bathroom. Unit 3 (top floor) offers 2 beds, 1.75 bath, fresh tile flooring, and territorial balcony. All appliances across units are under 2 years old. Located on a spacious, grassy 10,000 sq ft corner lot with beautiful black walnut trees, ample parking, shared laundry, storage, and a short walk away from PLU college campus. Turnkey asset with proven rental history and reliable property manager already in place.
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Additional Information
- List Date
- 2025-08-15 00:00:00
- Community
- Parkland
- Net Operating Income
- $31,663
- Gross Adjusted Income
- $31,663
- Gross Scheduled Income
- $40,920
- Total Monthly Income
- $3,410
- Insurance Expenses
- $1,365
- Gross Rent Multiplier
- 12.83
- Total Expenses
- $9,257
- Cap Rate
- 6.03
- Total Number of Units
- 3
- Unit Name
- 521
- Potential Terms
- Assumable, Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1900
- Roof
- Composition
- Site Features
- Deck, Gas Available, High Speed Internet, RV Parking
- Other Expenses
- 2400
- Energy Source
- Electric, Natural Gas
- School District
- Franklin Pierce
- Elementary School
- Brookdale Elem
- Middle School
- Perry G Keithley Mid
- High School
- Wash High
- Total Monthly Income
- $3,410
- Gross Scheduled Income
- $40,920
- Gross Adjusted Income
- $31,663
- Tax Year
- 2025
- Insurance Expense
- $1,365
- Total Expenses
- $9,257
- Net Operating Income
- $31,663
- Gross Rent Multiplier
- 12.83
- Cap Rate
- 6.03
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.