411 120th Street S, Tacoma, WA 98444

$395,000
2,174
SqFt

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Listing courtesy of Best Choice Network LLC. Selling Office: eXp Realty.

Sold Price
$395,000
List Price
$450,000
Status
SOLD
MLS#
2424771
Closing Date
Feb 09, 2026
Days on Market
92
Style
53 - Tri-plex
Finished SqFt
2,174
Area Total SqFt
2174
Annual Tax Ammount
4777
Lot Size (sq ft)
7,500
Sewer
Sewer Connected

Property Description

Huge price discount! Bring your best offers! Welcome to 411 120th St S in Tacoma – a triplex offering 6 bedrooms, 3 bathrooms, and 2,174 sq ft of living space with a sizable 7500 sq ft lot. Ideal for investors or multi-generational living. Each unit features functional layouts, access to the fenced backyard with mature landscaping which is perfect for gatherings, pets, or a garden. Located close to PLU with easy access to I-5, shopping, and dining. Live in one unit and rent the other two, or grow your rental portfolio. Recent upgrades include exterior paint and a new roof, and a chance to realize your vision. Do not miss out on this opportunity.

Additional Information

List Date
2025-11-09 00:00:00
Community
Parkland
Net Operating Income
$22,080
Gross Adjusted Income
$31,920
Gross Scheduled Income
$33,600
Total Monthly Income
$2,800
Insurance Expenses
$1,350
Water/Sewer/Garbage Expenses
$3,000
Gross Rent Multiplier
16.07
Total Expenses
$11,527
Cap Rate
4.08
Vacancy Rate
5
Total Number of Units
3
Unit Name
411
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1900
Roof
Composition
Site Features
Fenced-Partially, High Speed Internet
Electric Expenses
1440
Energy Source
Electric
School District
Franklin Pierce
Elementary School
Brookdale Elem
Middle School
Perry G Keithley Mid
High School
Wash High
Total Monthly Income
$2,800
Gross Scheduled Income
$33,600
Vacancy Rate
5
Gross Adjusted Income
$31,920
Tax Year
2025
Insurance Expense
$1,350
W/S/G Expenses
$3,000
Total Expenses
$11,527
Net Operating Income
$22,080
Gross Rent Multiplier
16.07
Cap Rate
4.08
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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