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$1,375,000 Just Listed
Property Description
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 a fully upgraded electrical system with new panel replacements. 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.
Full Property Details
Full Property Details for 11212 Bridgeport Way SW #10
General
- Price: $1,375,000
- Taxes: $15,574 (2025)
- Status: Active
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2529802
- Updated: 5/27/2026
- Added to Site: 2 day(s) ago
Interior
- Flooring: Laminate, Vinyl, Carpet
Parking
- Uncovered Spaces: 15
Location
- Area: 36 - Lakewood
- County: Pierce
- Subdivision: Lakewood
- Driving Directions: From downtown Seattle, head south on I-5 toward Tacoma. Continue past Tacoma on I-5 South. Exit 119 for Bridgeport Way SW. Turn right and proceed 1–2 miles. The property at 11212 is on your left.
School Information
- High School District: Lakewood
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Multi Family
- Exterior Const.: Wood Products
- Foundation: Poured Concrete
- Roof: Composition
- Stories in Building: 1
- Square Feet: 7,500
- Year Built: 1964
Unit Information
- Units in Building: 10
Lot Features
- Lot Size (Acres): 0.5503
- Lot Size (Sq. Ft.): 23,972
- Lot Size Source: public records
- Zoning: Multi-Family
Financial Considerations
- Tax Amount: $15,574
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 219111043
Listed by Tanner Fogle | Paragon Real Estate Advisors | (206) 623-8880
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Schools
Schools serving 11212 Bridgeport Way SW #10
School District:Clover Park School District
| Name | Grades | Distance |
|---|---|---|
Tyee Park Elementary School 11920 Seminole Road Southwest, Lakewood, WA 98499 | K-5 | 0.4 mi |
Harrison Preparatory School 9103 Lakewood Drive Southwest, Lakewood, WA 98499 | 6-12 | 1.4 mi |
Lochburn Middle School 5431 Steilacoom Boulevard Southwest, Lakewood, WA 98499 | 6-8 | 1.7 mi |
Clover Park High School 11023 Gravelly LK DR SW, Lakewood, WA 98499 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11212 Bridgeport Way SW #10
Date
Details
Price
Change
Source
5/27/2026
Listed
$1,375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 11212 Bridgeport Way SW #10
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,809
—
$1,334,000
5%
2024
$13,809
4%
$1,274,900
—
2023
$13,233
-2%
$1,274,900
10%
2022
$13,462
3%
$1,159,900
15%
2021
$13,030
6%
$1,008,600
9%
2020
$12,311
46%
$923,400
20%
2018
$8,423
—
$769,500
33%
2018
$8,423
1%
$578,500
5%
2017
$8,322
9%
$550,900
10%
2016
$7,624
-6%
$500,800
—
2014
$8,107
—
$500,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 11212 Bridgeport Way SW #10
11212 Bridgeport Way SW #10, Tacoma, WA 98499 (MLS# 2529802) is a Multi-Family property with 10 units containing 0 bedrooms and 0 full bathrooms. 11212 Bridgeport Way SW #10 is currently listed for $1,375,000 and was received on May 27, 2026. Want to learn more about 11212 Bridgeport Way SW #10? Do you have questions about finding other Multi-Family real estate for sale in Tacoma? You can browse all Tacoma real estate or contact a Coldwell Banker agent to request more information.
