Listed by Keller Williams Rty Tacoma
$1,600,000
NEW CONSTRUCTION

304 118th St S Unit 4 Tacoma, WA 98444

Estimated payment $8,606/month

8 Beds
12 Baths
4,600 Sq Ft
$348 Price per Sq Ft

Highlights

  • Under Construction
  • No HOA
  • Partially Fenced Property
  • Deck
  • Vinyl Plank Flooring

About This Home

Fantastic investment opportunity!Own this brand-new construction 4plex built townhome style.Perfectly situated near colleges & military bases,offering incredible rental income potential w/the benefit of low maintenance new construction.Each unit has modern finishes featuring an open great room w/mini-split AC system,kitchen w/quartz counters,ss appliances,LVP flooring throughout & a deck off the kitchen.Two primary bedrooms w/private baths,1car garage.Individual utility meters make this an ideal rent opportunity-live in one unit/rent the others!Possible for buyer to convert into individual condo units after purchase.A smart investment in a prime,high-demand area,multiple 3-unit & 4-unit buildings available,owner willing to sell one or all

Listing Agent

Shelly Dawn Hallsted

Keller Williams Rty Tacoma License #82407 Listed on: 10/15/2025

Keller Williams Rty Tacoma

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2445343

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,477

Year Built

  • Built in 2025 | Under Construction

Lot Details

  • 6,250 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 4,600 Sq Ft Home
  • 3-Story Property
  • Vinyl Plank Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 12 Bathrooms

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Parkland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2240003632

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,477

Year Built

Built in 2025 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 2025
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: Yes
  • CalculatedSquareFootage: 4600
  • EffectiveYearBuiltSource: Public Records
  • NewConstruction: Under Construction
  • Special Features: NewHome

Interior Features

  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Under Construction
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Ductless, Wall Unit(s)
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Franklin Pierce

Lot Info

  • Parcel Number: 2240003632
  • Lot Size Acres: 0.1435
  • Lot Size Sq Ft: 6250
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially
  • MLSLotSizeSource: pierce
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • LeasedItems: None
  • TotalMonthlyIncome: 6800

Tax Info

  • Year: 2025
  • Tax Annual Amount: 1477

Multi Family

  • Number Of Units Total: 4
  • EnergySource: Electric
  • UnitsBelowGrade: false

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,391 $152,600 $152,600 --
2024 $1,391 $137,800 $137,800 --
2023 $1,391 $132,600 $132,600 --
2022 $827 $80,800 $80,800 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2025 10/15/25 For Sale $1,600,000 -- $348 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2445343

Northwest Multiple Listing Service (NWMLS)

APN: 224000-3632