12712 -12720 C Street S, Tacoma, WA 98444 (MLS # 2335254)
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Listing provided courtesy of Northwest MLS; COMPASS
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Heather Court is a well-maintained, value-add investment opportunity offering strong growth potential and reliable returns. This 32-unit property, built in 1971 and renovated in 2017, blends modern upgrades with classic charm, featuring spacious one- and two-bedroom apartments averaging 675 SF. Recent improvements, including a new roof, updated exterior, and interior enhancements like hardwood floors and refreshed cabinetry, attract high-quality tenants and support rental income growth. With light upgrades, rents can be increased by 6.5%, achieving a projected 6.1% cap rate. Ideally located in Parkland, near major employers like Joint Base Lew-McChord, Boeing, and UW Tacoma, Heather Court benefits from strong rental demand.
| LAST UPDATED | 2/21/2025 | TRACT | Parkland |
|---|---|---|---|
| YEAR BUILT | 1971 | COMMUNITY | Parkland |
| COUNTY | Pierce | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 69 - Parkland |
| CONSTRUCTION | Metal Siding, Vinyl Siding, Wood Siding |
| HEAT | Baseboard, Electric, Forced Air |
| INTERIOR | Wall to Wall Carpet |
| LOT | 0.4821 acre(s) |
| LOT DESCRIPTION | Paved, Sidewalk |
| MLS STATUS | Active |
| STORIES | 2 |
| STYLE | 56 - 10+ Units |
| SUBDIVISION | Parkland |
| TAXES | 55585 |
| UTILITIES | Cable Available, Sewer Connected |
| WATER | Public |
| SATELLITE VIEW |
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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 2/22/25 12:28 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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