Listing provided courtesy of Keller Williams Rty TacomaNWMLSas Distributed by MLSGrid- MLS# NWM2445358
Images
Request Info
This address is the 4plex to the far right..Both 4plex and 2 3plex are listed.
One of the 2 4plex across street available.
Open great room with mini split heat and ac unit. Laminate flooring throughout
Covered deck space off the kitchen.
Half bath on the main living area.
One of the 2 primary bedrooms with extra large closet space and private bath.
One of the primary private baths.
Primary bedroom number 2 with private bath.
2nd primary private full bath.
laundry
More storage in the garage.
No grass to take care of! Low maintenance yard.
New road being paved currently in front. Two 3plex and two 4plex available.
One of 2 triplex.Extra long driveways for additional parking spaces plus a deep one car garage.
312 118th Street S #4Tacoma, WA 98444
Multi-Family · 8 Beds · 4,600 Sq. ft. | 0.17 Acres$1,600,000
Active
312 118th Street S #4 Overview
- Visits:
- 8
Fantastic investment opportunity!Own this brand-new construction 4plex built townhome style.All units rented! Near colleges & military bases,offering incredible rental income potential w/the benefit of low maintenance new construction.Each unit has modern finishes featuring an open great room w/mini-split AC system,kitchen w/quartz counters,ss appliances,LVP flooring throughout & a deck off the kitchen.Two primary bedrooms w/private baths,1car garage.Individual utility meters make this an ideal rent opportunity-live in one unit/rent the others!Possible for buyer to convert into individual condo units after purchase.A smart investment in a prime,high-demand area,multiple 3-unit & 4-unit buildings available,owner willing to sell one or all
Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map
312 118th Street S #4 Facts & Features
- Type Multi-Family
- Sq. ft. 4,600
- Price/Sq.ft. $348
- Lot 0.17 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Franklin Pierce
Income/Expenses
- Total Monthly Income: 8800
Building Information
- New Construction: Yes
- Year Built: 2025
Location/Region
- Country: US
- County Or Parish: Pierce
- MLS Area Major: 69 - Parkland
- Subdivision Name: Parkland
Tax Information
- Tax Annual Amount: $1,535.00
- Tax Year: 2025
General Information
- New Construction: Completed
- Listing Terms: Cash, Conventional, FHA, VA Loan
- Parcel Number: 2240003631
- Property Condition: Very Good
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Parking Information
- Garage Spaces: 4
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 4600
- Building Area Units: Square Feet
- Calculated Square Footage: 4600
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: Yes
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Vinyl Plank
- Foundation Details: Poured Concrete
- Heating: Yes
- Leasable Area: 4600
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Security Features: Partially Fenced
- Stories Total: 3
Unit Information
- Unit Number: 4
Exterior
Parking Information
- Open Parking Spaces: 4
- Open Parking: Yes
- Parking Uncovered Spaces: 4
Lot Information
- Irrigation Water Rights: No
- Lot Features: Paved, Sidewalk
- Lot Size Acres: 0.1722
- Lot Size Square Feet: 7500
- Lot Size Units: Square Feet
- Site Features: Deck, Fenced-Partially
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- View: No
- Waterfront: No
Building Exterior/Construction
- Roof: Composition
- Structure Type: Quadruplex
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 0
- Exterior Features: Wood Products
- Number Of Units Total: 4
- Sewer: Sewer Connected
Unit Information
Unit 1 Details
- Actual Rent: 2200
- Beds Total: 2
- Baths Total: 3
Unit 2 Details
- Actual Rent: 2200
- Beds Total: 2
- Baths Total: 3
Unit 3 Details
- Actual Rent: 2200
- Beds Total: 2
- Baths Total: 3
Unit 4 Details
- Actual Rent: 2200
- Beds Total: 2
- Baths Total: 3
312 118th Street S #4 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.312 118th Street S #4 Monthly Cost
312 118th Street S #4 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
312 118th Street S #4 History
| Date | Value | Agent |
|---|---|---|
| 10/15/2025Source: NWMLS | October 15, 2025 |