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$480,000
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Property Description
ASSUMABLE FHA LOAN at 2.75% RATE! Cash-flowing triplex just a block from PLU. Ideal for investors seeking stability and upside. Unit 1 features a newly remodeled bathroom. Unit 3 (top floor) offers 2 beds, 1.75 bath, fresh tile flooring, and territorial balcony. All appliances across units are under 2 years old. Located on a spacious, grassy 10,000 sq ft corner lot with beautiful black walnut trees, ample parking, shared laundry, storage, and a short walk away from PLU college campus. Turnkey asset with proven rental history and reliable property manager already in place.
Full Property Details
Full Property Details for 521 128th St S
General
- Sold For: $480,000
- Taxes: $5,492 (2025)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2419403
- Added to Site: 160 day(s) ago
Interior
- Flooring: Ceramic Tile, Laminate, Vinyl
Additional Information
- Amenities: Deck, Gas Available, High Speed Internet, RV Parking
Parking
- Uncovered Spaces: 7
- Parking Features: RV Parking
Location
- Area: 63 - Parkland
- County: Pierce
- Subdivision: Parkland
- Building Name: Parkland Townsite
- Driving Directions: i-5 south, exit 127 for WA-512 E, left on WA-512 E, exit right onto Pacific Ave S, right on 128th St S, on your right.
School Information
- High School District: Franklin Pierce
- Elementary School: Brookdale Elem
- Middle School: Perry G Keithley Mid
- High School: Wash High
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Forced Air
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Triplex
- Exterior Const.: Wood
- Foundation: Poured Concrete
- Roof: Composition
- Stories in Building: 2
- Square Feet: 1,926
- Year Built: 1900
- Property Condition: Average
Unit Information
- Units in Building: 3
Lot Features
- Lot Size (Acres): 0.2296
- Lot Size (Sq. Ft.): 10,000
- Lot Size Source: Realist
- Lot Dimensions: 100' x 101'
- Lot Features: Corner Lot, Paved
- Zoning: Multi-Family, Residential
Financial Considerations
- Tax Amount: $5,492
- Tax Year: 2025
- Terms: Assumable, Cash Out, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: None
- Property ID: 6762001071
- Block: 18
- Lot Number: 3 & 4
Listed by Beau Sterling | eXp Realty | (888) 317-5197
Sold by Kristi Ann Kaylor | eXp Realty
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Schools
Schools serving 521 128th St S
School District:Franklin Pierce School District
| Name | Grades | Distance |
|---|---|---|
Brookdale Elementary School 611 132nd St S., Tacoma, WA 98444 | K-5 | 0.2 mi |
Perry G Keithley Middle School 12324 12th Avenue South, Tacoma, WA 98444 | 6-8 | 0.6 mi |
Washington High School 12420 Ainsworth Avenue South, Tacoma, WA 98444 | 9-12 | 0.8 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 521 128th St S
Date
Details
Price
Change
Source
12/19/2025
Sold
$480,000
-3.81%
MLS
8/11/2025
Listed
$499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
521 128th Street S, Tacoma, WA 98444 (MLS# 2419403) is a Multi-Family property that was sold at $480,000 on December 19, 2025. Want to learn more about 521 128th Street S? 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.

