Tacoma, WA 98444 521 128th Street S
$499,000
27 more
Presented By: eXp Realty and NWMLS
- MLS# 2419403
- 08/11/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 1,926
Home Details
ASSUMABLE FHA LOAN at 2.75% RATE! Cash-flowing triplex just a block from PLU. Ideal for investors seeking stability and upside. Unit 1 features a newly remodeled bathroom. Unit 3 (top floor) offers 2 beds, 1.75 bath, fresh tile flooring, and territorial balcony. All appliances across units are under 2 years old. Located on a spacious, grassy 10,000 sq ft corner lot with beautiful black walnut trees, ample parking, shared laundry, storage, and a short walk away from PLU college campus. Turnkey asset with proven rental history and reliable property manager already in place.
Presented By: eXp Realty and NWMLS
Interior Features for 521 128th Street S
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringCeramic Tile, Laminate, Vinyl
Heating Y/NYes
Power Production TypeElectric, Natural Gas
Total Fireplaces
Total Stories2
General for 521 128th Street S
Building Area UnitsSquare Feet
Building NameParkland Townsite
Cap Rate6.03
Carport Spaces
Carport Y/NNo
CityTacoma
CoolingWindow Unit(s)
CountyPierce
Directionsi-5 south, exit 127 for WA-512 E, left on WA-512 E, exit right onto Pacific Ave S, right on 128th St S, on your right.
Electric Expense
Elementary SchoolBrookdale Elem
Fuel Expense
HOANo
HOA Fee$
HeatingForced Air
High SchoolWash High
High School DistrictFranklin Pierce
Insurance Expense1365
Leasable Area1926
Listing TermsAssumable, Cash Out, Conventional, FHA, VA Loan
Lot Size Square Feet10000
Lot Size UnitsSquare Feet
MLS Area63 – Parkland
Middle/Junior High SchoolPerry G Keithley Mid
ModificationTimestamp2025-09-08T06:26:10.282Z
NWM_ShowMapLinkY
Net Operating Income31663
New ConstructionNo
Number Of Units Total3
Open Parking Spaces7
PossessionClosing
Possible UseMulti-Family, Residential
Property ConditionAverage
Property Style53 – Tri-plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksASSUMABLE 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
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeTriplex
Subdivision NameParkland
Tax Annual Amount5492
Tax Year2025
Units Below Gradefalse
Units In Building Total3
Virtual TourClick here
Water CompanyParkland Light & Water
Water Sewer Garbage0
Year Built1900
Zoning DescriptionMulti-Family, Residential
Exterior for 521 128th Street S
Building Area Total1926
Covered Spaces
Exterior AmenitiesWood
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Dimensions100′ x 101′
Lot FeaturesCorner Lot, Paved
Lot Number3 & 4
Lot Size Acres0.2296
Parking FeaturesRV Parking
Parking Uncovered Spaces7
Site FeaturesDeck, Gas Available, High Speed Internet, RV Parking
Total Parking7
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Perry G Keithley Mid
Elementary School
Brookdale Elem
High School
Wash High
Josh QA1
REALTOR ® SRES ®