Listing provided courtesy of John L. Scott DupontNWMLSas Distributed by MLSGrid- MLS# NWM2544777
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Request Info16421644 120th Street STacoma, WA 98444
Multi-Family · 4 Beds · 1,368 Sq. ft. | 0.23 Acres$495,000
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16421644 120th Street S Overview
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Opportunity meets flexibility with this fully occupied duplex in the heart of Parkland! Whether you're an investor seeking strong cash flow or a first-time buyer looking to offset your mortgage by living in one unit and renting the other, this property offers exceptional potential. Each unit features 2 bedrooms and 1 bathroom, recently refreshed interiors, kitchen appliances included, and separate driveways for added convenience and privacy. Situated on a large corner lot, both units enjoy their own spacious, fully fenced backyard...an attractive feature for tenants and owner-occupants alike. Ideally located near Pacific Lutheran University, shopping, major freeways, and Joint Base Lewis-McChord, this property benefits from a highly desirable rental location. A newer roof installed within the last few years adds peace of mind, while the low-maintenance design and established rental history make ownership easy. With affordability, full occupancy, reliable income, and prime upside potential, this duplex is a smart addition to any investment portfolio and an excellent opportunity for buyers looking to build wealth through real estate.
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16421644 120th Street S Facts & Features
- Type Multi-Family
- Sq. ft. 1,368
- Price/Sq.ft. $362
- Lot 0.23 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Franklin Pierce
- Elementary School: Buyer To Verify
- Middle Or Junior School: Buyer To Verify
- High School: Buyer To Verify
Income/Expenses
- Other Expense: 0
- Electric Expense: 0
- Fuel Expense: 0
- Gross Scheduled Income: 41376
- Insurance Expense: 617
- Net Operating Income: 36249
- Total Expenses: 5127
- Total Monthly Income: 3448
- Water/Sewer/Garbage: 0
Building Information
- New Construction: No
- Year Built: 1956
Location/Region
- Country: US
- County Or Parish: Pierce
- MLS Area Major: 69 - Parkland
- Subdivision Name: Parkland
Community/Development
- Amenities: Storage
Tax Information
- Tax Annual Amount: $4,510.00
- Tax Year: 2026
General Information
- Listing Terms: Cash, Conventional, FHA, VA Loan
- Parcel Number: 9265002010
- Possible Use: Multi-Family,Residential
- 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: 1368
- Building Area Units: Square Feet
- Calculated Square Footage: 1368
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Ceramic Tile, Vinyl, Carpet
- Foundation Details: Slab
- Heating: Yes
- Leasable Area: 1368
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Security Features: Fully Fenced
- Stories Total: 1
Exterior
Parking Information
- Open Parking: No
- Parking Total: 4
- Parking Uncovered Total: 4
Lot Information
- Irrigation Water Rights: No
- Lot Features: Corner Lot, Paved
- Lot Size Acres: 0.2296
- Lot Size Square Feet: 10000
- Lot Size Units: Square Feet
- Site Features: Fenced-Fully
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- View: No
- Waterfront: No
Building Exterior/Construction
- Roof: Composition
- Structure Type: Duplex
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 0
- Exterior Features: Brick, Wood
- Number Of Units Total: 2
- Sewer: Sewer Connected
Unit Information
Unit 2 Details
- Actual Rent: 1699
- Beds Total: 2
- Baths Total: 1
Unit 1 Details
- Actual Rent: 1749
- Beds Total: 2
- Baths Total: 1
16421644 120th Street S Neighborhood
Community
98444 (TACOMA) Demographics
34
Median Age
5,260
Population Density (per sq. mile)
26%
College Educated
$52,589
Estimated Median Income
5,528
Estimated Total Home Owners
7,483
Estimated Total Renters
42% / 58%
Estimated Owner / Renter Divide
3
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.16421644 120th Street S Monthly Cost
16421644 120th Street S Market Data
Based on the last 30 days in this zip code
$484,931
Average List Price
$319
Average Price per Square Foot
21
Properties Sold
67
Average Days on Market
103
Properties for Sale
16421644 120th Street S History
| Date | Value | Agent |
|---|---|---|
| 6/25/2026Source: NWMLS | June 25, 2026 |