312 118th St S Unit 4 Tacoma, WA 98444
Estimated payment $8,519/month
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.All units rented! 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
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2445358
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,535
Year Built
- Built in 2025 | Under Construction
Lot Details
- 7,500 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 2240003631
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,464 | $158,500 | $158,500 | -- |
| 2024 | $1,464 | $143,200 | $143,200 | -- |
| 2023 | $1,464 | $139,600 | $139,600 | $0 |
| 2022 | $3,728 | $85,100 | $85,100 | $0 |
| 2021 | $3,290 | $244,700 | $106,500 | $138,200 |
| 2019 | $2,646 | $222,700 | $90,300 | $132,400 |
| 2018 | $2,997 | $203,400 | $81,000 | $122,400 |
| 2017 | $2,740 | $175,600 | $67,900 | $107,700 |
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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $300,000 | Commonwealth Land Title |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2445358
APN: 224000-3631
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Based on information submitted to the MLS GRID
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