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$975,000
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Property Description
This is a great opportunity to have an instant cash return on an investment. The rents are currently below market, and by increasing them the cap rate could reach as high as 7.5%. The property consists of two duplexes featuring two 2 bedroom, 1 bathroom units, one 2 bedroom, 1.5 bathroom unit, and one 2 bedroom, 2.5 bathroom unit, with each unit offering its own fireplace. The buildings are very well maintained and include a 2 car garage along with an additional 3 car garage, plus two covered parking stalls. The total parcel spans 7 acres in a fantastic location. Planning and Zoning has indicated they would consider a plan for cluster development. Additional features include a new roof installed in 2018 and fully paid off solar panels. Showings are available upon a signed agreement.
Full Property Details
Full Property Details for 12410 36th Ave E
General
- Sold For: $975,000
- Taxes: $13,440 (2025)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2500263
- Added to Site: 49 day(s) ago
Interior
- Flooring: Hardwood, Carpet
Additional Information
- Amenities: Deck
Parking
- Garage Spaces: 5
- Carport Spaces: 3
- Covered Spaces: 2
- Uncovered Spaces: 5
Location
- Area: 66 - Parkland
- County: Pierce
- Subdivision: Summit
- Driving Directions: Google Maps - 4 plex is at the End of the street.
School Information
- High School District: Franklin Pierce
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Forced Air, Radiant
Utilities
- Sewer: Septic Tank
- Water: Public
Structural Information
- Structure Type: Quadruplex
- Exterior Const.: Wood Products
- Foundation: Poured Concrete
- Roof: Composition
- Stories in Building: 1
- Square Feet: 4,600
- Year Built: 1984
Unit Information
- Units in Building: 4
Lot Features
- Lot Size (Acres): 6.88
- Lot Size (Sq. Ft.): 299,693
- Lot Size Source: Realist
- Lot Features: Dead End Street, Open Space, Secluded, Value In Land
- Zoning: Residential
Financial Considerations
- Tax Amount: $13,440
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 319114002
Listed by James Nam | Real Broker LLC | (855) 450-0442 and Teo Okamura | John L. Scott, Inc. | (206) 527-0700
Sold by Karla Valencia | TPMS Realty LLC
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Schools
Schools serving 12410 36th Ave E
School District:Franklin Pierce School District
| Name | Grades | Distance |
|---|---|---|
Collins Elementary School 1920 128th Street E, Tacoma, WA 98444 | K-5 | 1.1 mi |
Morris Ford Middle School 1602 104th Street East, Tacoma, WA 98445 | 6-8 | 1.8 mi |
Franklin-Pierce High School 11002 18th Avenue East, Tacoma, WA 98445 | 9-12 | 1.5 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 12410 36th Ave E
Date
Details
Price
Change
Source
5/13/2026
Sold
$975,000
-2.5%
MLS
4/11/2026
Listed
$999,950
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
12410 36th Avenue E, Tacoma, WA 98446 (MLS# 2500263) is a Multi-Family property that was sold at $975,000 on May 13, 2026. Want to learn more about 12410 36th Avenue E? 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.

