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1208 111th Street S, Tacoma, WA, 98444

4beds
4baths
2,048sqft
$548,000
$268price/sqft
$3,582/moest. monthly cost
$143,280/yrincome needed

About This Home

Fantastic investment opportunity in the heart of Parkland! This well-maintained duplex offers immediate income with plenty of upside potential. Both units have seen updates, making this an attractive option for tenants while minimizing near-term maintenance. Whether you're looking to expand your rental portfolio or live in one unit while renting the other, this property offers flexibility and long-term value. With strong rental demand in the area, there's an excellent opportunity to increase rents over time as leases renew and continue maximizing your return. Conveniently located near schools, shopping, dining, parks, and major commuter routes, this is an investment you won't want to miss. Don't miss your chance to own a solid income-producing property in a desirable Parkland location! Easy option to live in one side and rent out the other. Get your mortgage paid!

Getting Around

42
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

7/10
2/10
5/10
Washington High SchoolGrades 9-121.0 mi

Construction

Condition

  • Property condition: Very Good
  • Year built: 1977

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Wood Siding

Notable Dates

  • Major remodel year: 1993

Type & Style

  • Home type: MultiFamily
  • Architectural style: Duplex
  • Property subType: Duplex,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Features

  • Flooring: Laminate,Vinyl,Carpet

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 2,048
  • Total interior livable area: 2,048 sqft

Property

Details

  • Parcel number: 6645000629
  • Special condition: Standard

Lot

  • Lot size: 8,999 sqft
  • Features: Paved
  • Lot size dimensions: 75' x 120' x 75' x 120'

Parking

  • Total spaces: 6
  • Parking features: Garage
  • Attached garage spaces: 1
  • Covered spaces: 2
  • Uncovered spaces: 4
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in Pierce County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,770$33,240
Home Insurance *$136$1,632
Property Taxes $527$6,324
Electricity $149$1,793
Total$3,582$42,984
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$122,811/yr
40% on housing$107,460/yr
45% on housing$95,520/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.9%
9.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$268This listing

vs Other Active Listings

Avg $/sqft

ZIP 98444$238
Pierce County$262

vs Homes Sold Last Month

Median $/sqft

ZIP 98444$317
Pierce County$312

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-17Price change$435,000
2026-07-04Listed for sale$548,000

For Sale by Agent

AgentGreg Pubols
BrokerageCentury 21 Blue Chip

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