Property Details

905 115th Street S
Tacoma, WA 98444
$475,000
MLS# 2516930 courtesy of NWMLS Listing firm: Coldwell Banker Danforth

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905 115th Street S, Tacoma, WA 98444, Tacoma

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Multi-Family
Property Type
1,400
Bldg Sq Ft
2
Units
8.40%
Cap Rate
1942
Year Built

Property Overview

Situated blocks away from PLU this charmer features an ADU and 2-car detached garage!! Main house is warm & inviting w/ updates and period details including original hardwood floors, coved ceiling & gorgeous archway. Filled with character & intentional touches including repurposed materials and exposed cedar finishes throughout. Features include living room with wood-burning fireplace, primary bedroom with custom closet w/ shelving, lighting & electric fireplace, big kitchen with gorgeous coffee bar, unbelievable covered-deck with tons of space to entertain, relax & enjoy fresh air all year long. The ADU has a nice flow with beautiful hardwood floors, open-concept kitchen, separate sleeping space, and 3/4 bath. The detached garage is a mechanic's/woodworker's dream with workbench, air filtration system, and loft for storage. Additional features include: hardie plank siding, newer gutters, gas furnace installed in 2021, fully-fenced backyard, hot tub, 8×8 shed & HUGE driveway w/ room for multiple cars and RV parking.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Pierce
Neighborhood Parkland
Listed Feb 3, 2026

Financial Summary

Cap Rate 8.40%
Net Operating Income $39,857
Gross Scheduled Income $45,600
Gross Rent Multiplier 17.00
Total Expenses $5,743

Building & Use

Building Sq Ft 1,400
Leasable Area 1,400 sqft
Total Units 2
Lot Size 7,501 sqft
Year Built 1942

Exterior & Lot

Lot Size 0.17 sqft
Year Built 1942
Garage 2 spaces
Exterior Materials Cement
Parking RV Parking
Sewer Sewer Connected
Water Source Public
Lot Features Paved
Exterior Features Cement/Concrete

Location

City Tacoma
County Pierce
Coordinates 47.15217, -122.44650

Additional Information

Tax Year 2025
Annual Taxes $4,575
Possession Array
Listed By
Tracy L. Thesenvitz
Coldwell Banker Danforth

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