Sold224d on market
602 S 108th Street
Tacoma, WA, 98444 • 98444 • Pierce County
$650,000
$272/sqft
2,390Sqft
0.29 acLot
1950Built
Property DNA
Parkland
98444
Market activity
Demand and pricing signals for this listing
9 views
People checking out this listing
224 days on market
Established listing
$272/sqft
Price per square foot
About this home
Multi Family · Built 1950
Seize an exceptional investment opportunity with this fully occupied triplex, currently operating as transitional housing and generating an impressive $43,661 in annual NOI. Situated on a large corner lot, the property features three standalone units: a 3-bed/1-bath unit (1,150 SF), a 2-bed/1-bath unit (660 SF), and a 1-bed/1-bath unit (550 SF). The spacious lot provides generous outdoor space, ideal for tenant gatherings, recreational use, or potential future development with an appealing NMSF zoning. With stable occupancy and mission-aligned operations in place, this is a rare chance to acquire a high-performing, socially impactful asset offering reliable income and long-term potential.
Standout features identified
Our analysis highlights generous outdoor space, corner lot, and spacious lot as key attractions of this home.
Estimated monthly payment
Based on current rates
$4,031/month
Principal & Interest$3,164
Property Tax$650
Insurance$217
Down payment20% ($130,000)
3%50%
Est. 6.14% rate · 30yr fixed · $520,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1950
HeatingForced Air, Electric
CoolingForced Air
Parking4 Open Parking spaces
Property
Home typeMulti Family
Sub-typeMulti Family
ConditionFair
Year built1950
Systems
HeatingForced Air, Electric
CoolingForced Air
RoofComposition
ConstructionMetal/Vinyl, Wood Siding, Wood Products
Water / SewerPublic / Sewer Connected
Parking & Outdoor
ParkingRV Parking
Lot0.29 Acres
Location & Tax
Neighborhood98444
Annual tax$4,936
Parcel6260001030
Features & details
6 categories of property features
Interior Features
Flooring
Vinyl
Carpet
Heating
Forced Air
Electric
Cooling
Forced Air
Exterior Features
Parking
RV Parking
Construction
Metal/Vinyl
Wood Siding
Wood Products
Lot Features
Corner Lot
Dead End Street
Paved
Fenced-Partially
RV Parking
Listing insights
Market data and value estimates
StatusSold
Days on market224
Est. value$601,200
Est. rent$2,182/mo
Tax rate0.88%
Price/sqft$272
On marketJun 6, 2025
PostedMar 6, 2025
Last sold$650,000
MLS statusSold
MLS updatedSep 25, 2025
Tour days6
Views9
How are the schools in Tacoma?
3 schools rated nearby
Location
Tacoma, WA, 98444
Price history
8 events
DateEventPrice$/sqftSource
Aug 25, 2025Sold$650,000$272NWMLS as distributed by MLS GRID
Jun 26, 2025Pending Sale$700,000$293NWMLS as distributed by MLS GRID
Mar 6, 2025Listed For Sale$700,000$293NWMLS as distributed by MLS GRID
Feb 19, 2015Sold$173,300$73NWMLS as distributed by MLS GRID
Jul 13, 2012Listing Removed$795—Park 52 Inc.
Jun 30, 2012Listed For Rent$795—Park 52 Inc.
Aug 11, 2011Listing Removed$795—Park 52 Inc.
Aug 3, 2011Listed For Rent$795—Park 52 Inc.
Sold$650,000
Aug 25, 2025•$272/sqft•NWMLS as distributed by MLS GRID
Pending Sale$700,000
Jun 26, 2025•$293/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$700,000
Mar 6, 2025•$293/sqft•NWMLS as distributed by MLS GRID
Sold$173,300
Feb 19, 2015•$73/sqft•NWMLS as distributed by MLS GRID
Listing Removed$795
Jul 13, 20120•Park 52 Inc.
Listed For Rent$795
Jun 30, 20120•Park 52 Inc.
Listing Removed$795
Aug 11, 20110•Park 52 Inc.
Listed For Rent$795
Aug 3, 20110•Park 52 Inc.
Tax history
19 years of records
YearTax paidAssessed value
Apr 7, 2024$5,386$464,200
Apr 7, 2023$4,935$431,200
Apr 7, 2022$4,972$447,700
Apr 7, 2021$7,672$386,200
Apr 7, 2019$3,647$281,400
Apr 7, 2018$4,085$263,700
Apr 7, 2017$3,765$226,600
Apr 7, 2016$3,642$206,600
Apr 7, 2014$3,642$182,100
Apr 7, 2013$3,391$165,800
Apr 7, 2012—$163,900
Apr 7, 2011—$189,700
Apr 7, 2010—$213,700
Apr 7, 2009—$229,600
Apr 7, 2008$2,935$247,100
Apr 7, 2007$2,934$248,300
Apr 7, 2002$2,346$149,200
Apr 7, 2001$2,211$149,300
Apr 7, 2000$2,211$139,200
Nearby homes
Neighborhood details
Local context around this listing
Tacoma, WA • Pierce County
Nearby neighborhoods
Browns PointCentralDash PointEastside-ENACTNew TacomaNorth EndNortheast TacomaSouth EndSouth TacomaWest End
Nearby cities
Bonney LakeEnumclawGig HarborGrahamLakewoodParklandPuyallupSpanaway
Nearby zip codes
98404984059840698407984089840998418984229844498445
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Based on information submitted to the MLS GRID as of 2026-04-07 13:48:49 PDT. 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. [Click here for more information](/mls-disclaimers/#39)
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