11905 Park Avenue S, Tacoma, WA 98444

$749,000
12
BD
4
BA
2,168
SqFt

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Listing Broker: COMPASS; Michael Haas; 408-439-7873; Michael.Haas@compass.com

List Price
$749,000
Status
ACTIVE
MLS#
2594664
Days on Market
0
Bedrooms
12
Finished SqFt
2,168
Area Total SqFt
2168
Annual Tax Ammount
5501.02
Lot Size (sq ft)
10,000
Sewer
Sewer Connected

Property Description

They said the "1% Rule" was impossible - but this Parkland rental delivers! This large corner-lot home is split into 3 separate living suites, each with its own kitchen & laundry: a 6-bed/2-bath suite, & two 3-bed/1-bath suites. Renovated to the studs in 2017 & capped with a new 2026 roof & sheeting. Built to last with full insulation, all new plumbing lines, tankless water heater, LVP + laminate flooring, & electric heat w/ thermostats. Sold fully furnished, mostly occupied, & systemized for immediate cashflow! Favorite tenant upgrades include a large covered patio, fenced & level backyard with a large storage shed, plus abundant off-street parking for 10+ cars & an EV hookup. Ask the listing agent for ROI spreadsheets showing $ 1,850 in monthly cashflow after conservative accounting for vacancy, reserves & actual expenses! Great location: walk to major commuter buses, Pacific Lutheran University (PLU), Sushi Burrito & other Garfield Street cafes. Easily hop on SR-512 and I-5 freeways for nearby JBLM, Tacoma, & Seattle. Investments like this don't come often!

Additional Information

Community
Parkland
Style
12 - 2 Story
Basement
None
Year Built
1955
Roof
Composition
Site Features
Electric Car Charging, Fenced-Partially, Gas Available, High Speed Internet, Patio, RV Parking
Tax Year
2026
School District
Franklin Pierce
Elementary School
Brookdale Elem
Middle School
Perry G Keithley Mid
High School
Wash High
Potential Terms
Cash, Conventional
Flooring
Hardwood, Laminate, Vinyl
Driving Directions
GPS Friendly
Energy Source
Electric, Natural Gas
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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