502 120th Street S, Tacoma, WA 98444 (MLS # 2147778)
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Listing provided courtesy of Northwest MLS; RE/MAX Northwest, sold by NextHome Prolific
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Instant Equity: $16k Under Recent Appraised Value!!! 9.6% CAP Rate for Investors!!! Positive CASH FLOW in this market is rare! Opportunity awaits you here at this 6 bedroom home close to PLU college. Room rental rates in this area offer positive cash flow possibility. Recent updates make this home move in ready, with fresh paint, new flooring, and updated bathrooms. Hardwood floors adorn the main floor, and the open space living areas are great for everyday living and entertaining. Backyard features a large covered patio and 2 sheds for ample storage. Being close to shopping, restaurants and freeway access, makes this a very attractive location for this home. Ask your agent for the list local room rental rates and income potential.
| DAYS ON MARKET | 140 | LAST UPDATED | 12/21/2023 |
|---|---|---|---|
| TRACT | Parkland | YEAR BUILT | 1955 |
| COMMUNITY | Parkland | COUNTY | Pierce |
| STATUS | Sold | PROPERTY TYPE(S) | Multi Family |
| School District | Franklin Pierce |
|---|---|
| Elementary School | Buyer To Verify |
| Jr. High School | Buyer To Verify |
| High School | Buyer To Verify |
| PRICE HISTORY | |
| Prior to Aug 17, '23 | $625,000 |
|---|---|
| Aug 17, '23 - Aug 25, '23 | $600,000 |
| Aug 25, '23 - Sep 8, '23 | $575,000 |
| Sep 8, '23 - Oct 2, '23 | $525,000 |
| Oct 2, '23 - Oct 2, '23 | $550,000 |
| Oct 2, '23 - Today | $510,000 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 69 - Parkland |
| CONSTRUCTION | Wood Siding |
| HEAT | Forced Air, Natural Gas |
| INTERIOR | Ceramic Tile, Hardwood, Laminate, Wall to Wall Carpet |
| LOT | 7501 sq ft |
| LOT DESCRIPTION | Paved |
| STORIES | 1 |
| SUBDIVISION | Parkland |
| TAXES | 4168 |
| UTILITIES | Cable Available, Sewer Connected |
| SATELLITE VIEW |
Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 1/21/25 9:06 PM PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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