Property Details

710 127th Street S
Tacoma, WA 98444
$550,000
MLS# 2537642 courtesy of NWMLS Listing firm: Keller Williams Realty

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710 127th Street S, Tacoma, WA 98444, Tacoma

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Multi-Family
Property Type
1,776
Bldg Sq Ft
2
Units
5.50%
Cap Rate
1958
Year Built

Property Overview

Location, Location, Location!!! This well-maintained and quality built brick duplex is adjacent to Pacific Lutheran University. The prime location offers easy freeway access, is approximately 15 minutes from Joint Base Lewis-McChord, and is within walking distance of restaurants, coffee shops, grocery stores and public transportation. Each unit has newer windows, large living room with fireplace (decorative only), dining area, spacious kitchen, laundry/mud room with access to back patio. Each unit features 2 spacious bedrooms with large closets and a full bathroom with tile countertops.. Unit #712 is recently updated with beautiful new Luxury Vinyl Plank (LVP) flooring throughout and includes a newer dishwasher. It was previously rented for $1,800.00/month reflecting the property's strong rental demand and income potential. Pride of ownership is evident throughout this well-maintained property. Whether you're seeking a solid investment, an owner-occupant opportunity, or a valuable addition to your real estate portfolio, this duplex offers quality construction, a prime location and excellent long term appeal.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Pierce
Neighborhood Parkland
Listed Jun 9, 2026
Structure Type Duplex
Parcel Number 3130000324

Tax & HOA

Annual Property Tax $5,677 (2026)
Est. Monthly Tax $473/mo

Financial Summary

Cap Rate 5.50%
Net Operating Income $30,423
Gross Scheduled Income $42,000
Gross Rent Multiplier 13.00
Total Expenses $10,317
Vacancy Rate 3.0%

Building & Use

Building Sq Ft 1,776
Leasable Area 1,776 sqft
Total Units 2
Lot Size 5,001 sqft
Year Built 1958

Exterior & Lot

Lot Size 0.11 sqft
Year Built 1958
Exterior Materials Brick
Sewer Sewer Connected
Water Source Public
Lot Features Paved, Sidewalk
Exterior Features Brick

Community & Access

Directions From I-5, take Exit 127 (Hwy. 512) and go East., South – Pacific Ave., West (Right) – 127th St. towards PLU. Duplex on the left.

Location

City Tacoma
County Pierce
Coordinates 47.14170, -122.44169

Additional Information

Tax Year 2026
Annual Taxes $5,677
Possession Array
Listed By
Margie Portugal
Keller Williams Realty

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