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$425,000
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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
- Sold For: $425,000
- Taxes: $6,500 (2025)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2466595
- Added to Site: 157 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
Sold by Kristi Ann Kaylor | eXp Realty
Get Pre-Approved Today
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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 224 116th St S
Date
Details
Price
Change
Source
4/24/2026
Sold
$425,000
-10.53%
MLS
2/13/2026
Price Reduced
$475,000
-4.04%
MLS
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.
224 116th Street S, Tacoma, WA 98444 (MLS# 2466595) is a Multi-Family property that was sold at $425,000 on April 24, 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.

