$749,000
Est. $4,149/mo2,168 sq ft
11905 Park Avenue S, Tacoma, WA 98444
• Listed Oct 14, 2026•6 days active · 6 cumulative
Listing Broker: COMPASS; Michael Haas; 408-439-7873; Michael.Haas@compass.com
Talk to a local RexMont expert
A local broker replies within minutes
Listing Broker: COMPASS; Michael Haas; 408-439-7873; Michael.Haas@compass.com
About this home
They said the "1% Rule" was impossible - but this Parkland rental delivers! This large corner-lot home is split into 3 separate living suites, each with its own kitchen & laundry: a 6-bed/2-bath suite, & two 3-bed/1-bath suites. Renovated to the studs in 2017 & capped with a new 2026 roof & sheeting. Built to last with full insulation, all new plumbing lines, tankless water heater, LVP + laminate flooring, & electric heat w/ thermostats. Sold fully furnished, mostly occupied, & systemized for immediate cashflow! Favorite tenant upgrades include a large covered patio, fenced & level backyard with a large storage shed, plus abundant off-street parking for 10+ cars & an EV hookup. Ask the listing agent for ROI spreadsheets showing $ 1,850 in monthly cashflow after conservative accounting for vacancy, reserves & actual expenses! Great location: walk to major commuter buses, Pacific Lutheran University (PLU), Sushi Burrito & other Garfield Street cafes. Easily hop on SR-512 and I-5 freeways for nearby JBLM, Tacoma, & Seattle. Investments like this don't come often!
Listed by Michael Haas • COMPASS
Listing updated: October 14, 2026 at 03:43pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2588383
Around this home
How much should you offer?
11905 Park Avenue 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
Layout
- 10+ Units
Flooring
- Hardwood
- Laminate
- Vinyl
Heating & cooling
- HRV/ERV System heating
- None cooling
Schools
Ratings via SchoolDiggerFranklin Pierce School District
- Brookdale ElemPublic · Grades Elementary—
- Perry G Keithley MidPublic · Grades Middle—
- Wash HighPublic · Grades High—
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.
Multi-family facts
As entered by the listing broker on Northwest MLS
Units
- Total units
- 12
- Units in building
- 12
- Units below grade
- false
- Building square feet
- 2,168 sq ft
Income & expenses
- Gross scheduled income
- $90,960
- Total monthly income
- $7,580
- Additional monthly income
- $15
- Gross adjusted income
- $81,864
- Net operating income
- $61,682
- Cap rate
- 9.28%
- Gross rent multiplier
- 8.23
- Vacancy rate
- 10%
- Total expenses
- $20,181
- Insurance
- $1,166
- Electric
- $5,438
- Fuel
- $668
- Other expenses
- $1,188
- Water / sewer / garbage paid by
- 6220
Parking & storage
- Parking spaces
- 12
- Uncovered parking
- 12
- Parking type
- RV Parking
Taxes & assessment
- Annual taxes
- $5,501
- Tax year
- 2026
- Financing
- Cash, Conventional
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 11905 Park Avenue 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.
- Oct 14, 2026ListedNWMLS via MLS Grid · #2594664$749,000$345/sq ft
- Oct 12, 2026ListedNWMLS via MLS Grid · #2588383$749,000$345/sq ft
- Mar 8, 2017Recorded salePierce County recorder · Statutory warranty deed$215,000$99/sq ft
- Sep 7, 2016Recorded salePierce County recorder · Statutory warranty deed$170,000$78/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.
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
$4,794 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; Michael Haas; 408-439-7873; Michael.Haas@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 58 days.
Recent sales nearby
Within 1 mile · last 6 months$460,000 Sold
4 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
4 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
0.9 mi
Distance
$530,000 Sold
5 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
0.7 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
1.0 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
0.1 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 20, 2026 at 8:29 AM 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
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
