Listing provided courtesy of Paragon Real Estate AdvisorsNWMLSas Distributed by MLSGrid- MLS# NWM2529802
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Request Info11212 Bridgeport Way SW #10Tacoma, WA 98499
Multi-Family · 18 Beds · 7,500 Sq. ft. | 0.55 Acres$1,375,000
Pending
11212 Bridgeport Way SW #10 Overview
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A 10-unit multifamily investment opportunity in South Puget Sound offers investors a stable, efficiently sized asset in an accessible, renter-demand driven neighborhood. Built in 1964, the property features (4) one-bedroom, (4) two-bedroom, and (2) three-bedroom one-bath units, appealing to a broad tenant base and supporting consistent occupancy. The property recently underwent capital improvements, including replacement of electrical panels in all units. Strategically located with excellent visibility and connectivity, the property provides convenient access to employment centers, military installations, and retail corridors. Residents enjoy proximity to shopping, dining, parks, and services. The property presents a clear value-add opportunity through potential interior upgrades, storage income implementation, and rental optimization. With strong fundamentals and straightforward operations, the asset offers immediate income stability and long-term upside. This offering represents an opportunity to acquire a well-located multifamily asset with scalable potential and durable tenant demand in the region.
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11212 Bridgeport Way SW #10 Facts & Features
- Type Multi-Family
- Sq. ft. 7,500
- Price/Sq.ft. $183
- Lot 0.55 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Lakewood
Income/Expenses
- Other Expense: 29805
- Electric Expense: 0
- Fuel Expense: 0
- Gross Scheduled Income: 152900
- Insurance Expense: 8183
- Net Operating Income: 72620
- Total Expenses: 72635
- Total Monthly Income: 12742
- Water/Sewer/Garbage: 19073
Building Information
- New Construction: No
- Year Built: 1964
Location/Region
- Country: US
- County Or Parish: Pierce
- MLS Area Major: 36 - Lakewood
- Subdivision Name: Lakewood
Community/Development
- Amenities: Coin Op Laundry
Tax Information
- Tax Annual Amount: $15,574.00
- Tax Year: 2025
General Information
- Listing Terms: Cash, Conventional
- Parcel Number: 0219111043
- Possible Use: Multi-Family
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Parking Information
- Garage Spaces: 0
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 7500
- Building Area Units: Square Feet
- Calculated Square Footage: 7500
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Laminate, Vinyl, Carpet
- Foundation Details: Poured Concrete
- Heating: Yes
- Leasable Area: 7500
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Stories Total: 1
Unit Information
- Unit Number: 10
Exterior
Parking Information
- Open Parking: No
- Parking Total: 15
- Parking Uncovered Total: 15
Lot Information
- Irrigation Water Rights: No
- Lot Size Acres: 0.5503
- Lot Size Square Feet: 23972
- Lot Size Units: Square Feet
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- View: No
- Waterfront: No
Building Exterior/Construction
- Roof: Composition
- Structure Type: Multi Family
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 0
- Exterior Features: Wood Products
- Number Of Units Total: 10
- Sewer: Sewer Connected
Unit Information
Unit 1 Details
- Actual Rent: 1100
- Beds Total: 2
- Baths Total: 1
Unit 7 Details
- Actual Rent: 1125
- Beds Total: 1
- Baths Total: 1
Unit 5 Details
- Actual Rent: 1150
- Beds Total: 1
- Baths Total: 1
Unit 6 Details
- Actual Rent: 1200
- Beds Total: 1
- Baths Total: 1
Unit 10 Details
- Actual Rent: 1325
- Beds Total: 2
- Baths Total: 1
Unit 8 Details
- Actual Rent: 1400
- Beds Total: 3
- Baths Total: 1
Unit 9 Details
- Actual Rent: 1450
- Beds Total: 2
- Baths Total: 1
Unit 2 Details
- Actual Rent: 1475
- Beds Total: 2
- Baths Total: 1
Unit 3 Details
- Actual Rent: 1550
- Beds Total: 3
- Baths Total: 1
Unit 4 Details
- Actual Rent: 825
- Beds Total: 1
- Baths Total: 1
11212 Bridgeport Way SW #10 Neighborhood
Community
98499 (Lakewood) Demographics
33
Median Age
3,254
Population Density (per sq. mile)
30%
College Educated
$50,037
Estimated Median Income
4,435
Estimated Total Home Owners
8,688
Estimated Total Renters
34% / 66%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.11212 Bridgeport Way SW #10 Monthly Cost
11212 Bridgeport Way SW #10 Market Data
Based on the last 30 days in this zip code
$633,602
Average List Price
$301
Average Price per Square Foot
17
Properties Sold
72
Average Days on Market
104
Properties for Sale
11212 Bridgeport Way SW #10 History
| Date | Value | Agent |
|---|---|---|
| 6/14/2026Source: NWMLS | Pending |
|
| 5/27/2026Source: NWMLS | May 27, 2026 |