12712 C Street S Tacoma, WA 98444
12712 C Street S
Tacoma, WA 98444
$5,800,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
Heather Court is a well-maintained, value-add investment opportunity offering strong growth potential and reliable returns. This 32-unit property, built in 1971 and renovated in 2017, blends modern upgrades with classic charm, featuring spacious one- and two-bedroom apartments averaging 675 SF. Recent improvements, including a new roof, updated exterior, and interior enhancements like hardwood floors and refreshed cabinetry, attract high-quality tenants and support rental income growth. With light upgrades, rents can be increased by 6.5%, achieving a projected 6.1% cap rate. Ideally located in Parkland, near major employers like Joint Base Lew-McChord, Boeing, and UW Tacoma, Heather Court benefits from strong rental demand.
Property Features
Community: Parkland
10+ Units
Cable TV
Deck
Dog Run
Fenced-Partially
High Speed Internet
Exterior: Metal/Vinyl
Exterior: Wood
Roof: Composition
Year Built: 1971
2024 Taxes: $55585.00
Listing #: 2335254
Lot Details
Lot Size: 0.48 acres
Paved
Sidewalk
Interior
Cooling: None
Heating: Forced Air, Baseboard
Electric
Schools
District: Franklin Pierce
Call or Email:
Grace Wamwere
What's Near 12712 C Street S Tacoma, WA 98444?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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