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$550,000

  • Sold
  • Closed
  • Multi-Family

Listed by Leon D. Harper | Triwood Realty | (253) 686-1967
Sold by Dan L. Bundy | Real Broker LLC

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Turnkey Duplex Opportunity in Tacoma's Fern Hill District! Ideal for owner-occupants looking to live in one unit and rent the other, or investors seeking a fully updated, income-producing property. This 1981 duplex has been thoughtfully remodeled with modern finishes throughout, including hardwood and tile flooring, solid core doors, updated countertops, and stylish stone backsplashes. Each unit features a new Samsung stainless steel 4-piece appliance suite and efficient 18K BTU mini-split systems for heating and cooling. Exterior upgrades include new siding and fresh interior and exterior paint. The property offers a fully fenced yard, privacy gate, and 3-4 off-street parking spaces-perfect for tenants or multi-vehicle households. Zoned C1, this property also presents future development or expansion potential, adding long-term upside for savvy buyers. Conveniently located near amenities, schools, and commuter routes. A rare blend of comfort, cash flow, and opportunity! Seller giving up to $5000 towards rate buy down! See today!

Full Property Details for 8314 S Park Ave

General

  • Sold For: $550,000
  • Taxes: $4,707 (2026)
  • Status: Closed
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2549574
  • Added to Site: 99 day(s) ago

Interior

  • Flooring: Ceramic Tile, Hardwood, See Remarks

Additional Information

  • Amenities: Cable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet, Outbuildings
  • Security/Safety: Fully Fenced, Security Gate

Parking

  • Uncovered Spaces: 4

Location

  • Area: 45 - South Tacoma
  • County: Pierce
  • Subdivision: Tacoma
  • Building Name: Fern Hill
  • Driving Directions: Exit I-5 at 74th street exit. East to South Park Avenue and turn right. Unit is 1/2 block down on the left.

School Information

  • High School District: Tacoma
  • Elementary School: Fern Hill
  • Middle School: Baker
  • High School: Mt Tahoma

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ductless
  • Heating Type: Baseboard, Ductless, See Remarks

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Duplex
  • Exterior Const.: See Remarks, Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition, See Remarks
  • Stories in Building: 2
  • Square Feet: 1,664
  • Year Built: 1981
  • Property Condition: Good

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size (Acres): 0.1019
  • Lot Size (Sq. Ft.): 4,440
  • Lot Size Source: Public
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • Zoning: Commercial, Residential, See Remarks

Financial Considerations

  • Tax Amount: $4,707
  • Tax Year: 2026
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 3815000090
  • Block: 2
  • Lot Number: 4

Listed by Leon D. Harper | Triwood Realty | (253) 686-1967
Sold by Dan L. Bundy | Real Broker LLC

Get Pre-Approved Today

Be ready to buy your new home!

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NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 8314 S Park Ave

School District:Tacoma Public Schools
NameGradesDistance
Fern Hill Elementary School, Tacoma, WA
8442 Park Avenue South, Tacoma, WA 98444
PK-50.1 mi
Baker Middle School, Tacoma, WA
8001 South J Street, Tacoma, WA 98408
6-80.2 mi
Mt Tahoma High School
4634 South 74th Street, Tacoma, WA 98409
9-122.8 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 8314 S Park Ave

Date
Details
Price
Change
Source
9/11/2026
Sold
$550,000
0.02%
MLS
8/02/2026
Price Reduced
$549,900
-2.67%
MLS
7/27/2026
Price Reduced
$565,000
-1.74%
MLS
7/21/2026
Price Reduced
$575,000
-2.54%
MLS
7/03/2026
Listed
$590,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Leon D. Harper | Triwood Realty | (253) 686-1967
Sold by Dan L. Bundy | Real Broker LLC

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8314 S Park Avenue, Tacoma, WA 98408 (MLS# 2549574) is a Multi-Family property that was sold at $550,000 on September 11, 2026. Want to learn more about 8314 S Park Avenue? 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.