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Listing Firm: Icon Group: Mataya Davis

Bought With: Icon Group : Greg Ayala

SOLD On March 13, 2025
NWMLS # 2207841

$570,000

  • Sold Price
  • - Beds
  • - Baths
  • 2101 Sq.ft.

720 108th Street S, Tacoma, WA 98444

Listings with the three tree icon are courtesy of NWMLS

About This Property

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.

Buyer's Agent: Greg Ayala • Icon Group

Listed by: Mataya Davis • Icon Group

Aris360 Last Checked: 3 Minutes Ago (Jun 24, 2025 08:16 PM)

  • Source: NWMLS as Distributed by MLS Grid #2207841

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 108th
  • Zip/Postal Code: 98444
  • City: Tacoma

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$3,847 per month
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Property Features

  • County
    • Tacoma
  • Community
    • 63 - Parkland
  • MLS Area
    • 63 - Parkland
  • Longitude
    • -122.441781
  • Latitude
    • 47.158909
  • Directions
    • GPS friendly

  • Interior
    • Laminate
    • Wall to Wall Carpet
  • Floors
    • Laminate
    • Carpet
  • Power Production Type
    • Electric

  • Stories
    • 1
  • Style
    • 55 - 5-9 Units
  • Parking Spaces
    • 6
  • Lot Description
    • Dead End Street,
    • Paved,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Wood
    • Wood Products
  • Site Description
    • Fenced-Partially
  • Roof
    • Built-Up,
    • Flat,
  • Septic or Sewer
    • Sewer Connected,
  • Water
    • TPU
  • Building Total Area (Sq. Ft.)
    • 9000

  • High School District
    • Franklin Pierce
  • Jr. High School
    • Buyer To Verify
  • Elementary School
    • Buyer To Verify
  • High School
    • Buyer To Verify

  • Possession
    • Closing,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi Family
  • Tax Year
    • 2023
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $5778
  • Year Built
    • 1965
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Tue Jun 24 2025 . 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.

Jun 24, 2025 08:16 PM