Date
Details
Price
Change
Source
1/16/2026
Listed
$495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/26
$495,000 Just Listed
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1/26
Property Description
One of a kind triplex opportunity in Parkland! Single family home and Duplex on one lot. First time on the market in DECADES! 2 vacant units, please do not disturb tenant in 218 unit. Oversize lot with ADU possiblity! Underlying lots could possibly be segregated, buyer to verify. 2 units are more recently updated, newer roof on both structures and exterior paint on 224 unit. Duplex units are 2 bed one bath units with one car garage and a shared laundry room. House is one bed 3/4 bath unit with one car garage. Fenced backyards. Property sold in as-is condition only. Make this property shine again!
Full Property Details
Full Property Details for 224 116th St S
General
- Price: $495,000
- Taxes: $6,500 (2025)
- Status: Active
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2466595
- Updated: 1/16/2026
- Added to Site: 2 day(s) ago
Interior
- Flooring: Hardwood, Vinyl, Carpet
Additional Information
- Amenities: Fenced-Partially, Outbuildings, Patio
- Security/Safety: Partially Fenced
Parking
- Garage Spaces: 3
- Uncovered Spaces: 3
Location
- Area: 69 - Parkland
- County: Pierce
- Subdivision: Parkland
- Driving Directions: Driving south on Pacific Ave turn right onto 116th ST, property on left
School Information
- High School District: Franklin Pierce
- Elementary School: James Sales Elem
- Middle School: Morris Ford Mid
- High School: Wash High
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Sewer Connected
Structural Information
- Structure Type: Triplex
- Exterior Const.: Brick
- Foundation: Poured Concrete
- Roof: Composition
- Stories in Building: 2
- Square Feet: 2,098
- Year Built: 1941
- Property Condition: Fair
Unit Information
- Units in Building: 3
Lot Features
- Property View: Ocean, Territorial
- Lot Size (Acres): 0.3214
- Lot Size (Sq. Ft.): 14,000
- Lot Size Source: 14000
- Zoning: Multi-Family
Financial Considerations
- Tax Amount: $6,500
- Tax Year: 2025
- Terms: Conventional, Farm Home Loan, Rehab Loan
Disclosures and Reports
- Special Conditions: None
- Property ID: 2240003400
Listed by Kirsten Stewart | Suburban Realty, Inc. | (253) 537-8638
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Schools
Schools serving 224 116th St S
School District:Franklin Pierce School District
| Name | Grades | Distance |
|---|---|---|
James Sales Elementary School 1301 113th Street South, Tacoma, WA 98444 | K-5 | 0.8 mi |
Perry G Keithley Middle School 12324 12th Avenue South, Tacoma, WA 98444 | 6-8 | 0.9 mi |
Washington High School 12420 Ainsworth Avenue South, Tacoma, WA 98444 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 224 116th St S
Tax History
Tax History for 224 116th St S
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,501
11%
$508,800
10%
2024
$5,854
1%
$463,000
-3%
2023
$5,769
9%
$479,600
22%
2022
$5,274
10%
$391,600
18%
2021
$4,809
7%
$332,000
14%
2020
$4,488
4%
$291,000
6%
2018
$4,329
—
$273,800
16%
2018
$4,329
9%
$236,000
14%
2017
$3,975
2%
$206,600
3%
2016
$3,902
18%
$199,900
12%
2014
$3,312
—
$178,700
14%
2014
$3,312
—
$157,000
—
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 224 116th St S
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- Condo
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- Updated 4 days ago
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- Single Family
- Closed
- 3Beds
- 2Total Baths
- 1,543Sq. Ft.
Listed by Jaime Carroll | Windermere Real Estate/PSR Inc
Sold by Nicole Bascomb | Bascomb Real Estate Group
Sold by Nicole Bascomb | Bascomb Real Estate Group
- Single Family
- Closed
- 3Beds
- 2Total Baths
- 1,543Sq. Ft.
Listed by Jaime Carroll | Windermere Real Estate/PSR Inc
Sold by Nicole Bascomb | Bascomb Real Estate Group
Sold by Nicole Bascomb | Bascomb Real Estate Group
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- Closed
- 4Beds
- 2Total Baths
- 1,642Sq. Ft.
Listed by Alexander Daniel Bradshaw | eXp Realty
Sold by Annelaraine Grantham | eXp Realty
Sold by Annelaraine Grantham | eXp Realty
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- Closed
- 3Beds
- 1Total Bath
- 1,192Sq. Ft.
Listed by Emma Gronholdt | Keller Williams Realty and Stephanie Gurden | Keller Williams Realty
Sold by Andrew Kramer | Redfin
Sold by Andrew Kramer | Redfin
224 116th Street S, Tacoma, WA 98444 (MLS# 2466595) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 224 116th Street S is currently listed for $495,000 and was received on January 16, 2026. Want to learn more about 224 116th Street S? Do you have questions about finding other Multi-Family real estate for sale in Parkway? You can browse all Parkway real estate or contact a Coldwell Banker agent to request more information.