$495,000
Est. $2,595/mo11 bd•0.5 ba•2,532 sq ft
723 121st Street S, Tacoma, WA 98444
• Listed Sep 3, 2026•48 days active · 48 cumulative
Listing Broker: COMPASS; Greg Garner; 253-279-8000; greg.garner@compass.com
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Listing Broker: COMPASS; Greg Garner; 253-279-8000; greg.garner@compass.com
About this home
Exceptional opportunity for an investor or operator. This structure, once a residence, converted to a business environment with 11 individual offices is now vacant and available. Located adjacent to the Pacific Lutheran University Campos this is presents numerous options from residential to light commercial. Bring your ideas, Be creative, See it today.
Listed by Greg Garner • COMPASS
Listing updated: October 1, 2026 at 09:57am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2576400
Around this home
How much should you offer?
723 121st Street S, Tacoma, WA 98444
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Interior features
- Water Heater
- Finished basement
Bedrooms
- 11 bedrooms total
- 6 on the main level
- 5 on the lower level
Bathrooms
- 1 half bathroom
- 1 on the main level
Layout
- 1 Story w/Bsmnt.
- 2,532 sq ft finished
Flooring
- Vinyl
- Carpet
Heating & cooling
- Forced Air heating
- Wall Furnace heating
- None cooling
Schools
Ratings via SchoolDiggerFranklin Pierce School District
- Brookdale ElementaryPublic · Grades K-5 · State rank 858 of 1,1382/10
- Perry G Keithley Middle SchoolPublic · Grades 6-8 · State rank 489 of 5141/10
- Washington High SchoolPublic · Grades 9-12 · State rank 330 of 3962/10
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Lot dimensions
- 75x100
- Topography
- Level
- Lot number
- Lots 1-3
- Zoning code
- Residential
- Zoning jurisdiction
- County
- Faces
- South
Systems
- Energy source
- Electric
- Power production
- Electric
- Water heater
- Electric
- Water heater location
- Basement
- Power company
- Parkland Light & Water
- Water company
- Parkland Light & Water
- Sewer company
- Pierce County
- Garbage service
- Pierce County Refuse
- Irrigation water rights
- No
New construction
- Square footage source
- Public Records
- Lot size source
- Public Records
- Effective year built source
- Public Records
Manufactured home
- Land lease
- No
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 723 121st Street S
NWMLS via MLS Grid · Pierce County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Sep 3, 2026ListedNWMLS via MLS Grid · #2576400$495,000$195/sq ft
Down payment assistance
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
Northwest MLS lists this home as eligible for down payment assistance programs
Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.
Mortgage payment forecast
$2,733 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: COMPASS; Greg Garner; 253-279-8000; greg.garner@compass.com
Market pulse
Tacoma is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 56 days.
Recent sales nearby
Within 1 mile · last 6 months$460,000 Sold
5 days ago
3 bd•1.75 ba•~1,320 sq ft•Single Family
708 116th St S., Tacoma, WA 98444
2%
Over list
85
Days on market
0.2 mi
Distance
$345,000 Sold
5 days ago
3 bd•1 ba•~1,372 sq ft•Single Family
409 106th St S, Tacoma, WA 98444
14%
Under list
51
Days on market
1.0 mi
Distance
$530,000 Sold
6 days ago
4 bd•1.75 ba•~1,905 sq ft•Single Family
921 129th Street S, Tacoma, WA 98444
2%
Over list
34
Days on market
0.6 mi
Distance
$357,500 Sold
1 week ago
3 bd•1 ba•~1,026 sq ft•Single Family
1731 117th Street S, Tacoma, WA 98444
5%
Under list
19
Days on market
0.9 mi
Distance
$400,000 Sold
1 week ago
5 bd•2 ba•~1,836 sq ft•Single Family
512 118th Street S, Tacoma, WA 98444
11%
Under list
117
Days on market
0.2 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 21, 2026 at 8:21 PM PT (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some IDX listings have been excluded from this website.
© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
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