312 118th St S, Unit 4

Tacoma, WA 98444

$1,600,000
Price
8
Beds
12
Baths
4,600 Sq. Ft.
$348 / Sq. Ft.
4,600
Sq. Ft.
$348
per Sq. Ft.
an outdoor space with furniture
a view of a house with a kitchen
a picture of a bathroom
a bathroom with a window
a balcony with a bench
a picture of a floor plan
a view of empty room with wooden floor and kitchen view
an empty room with wooden floor and windows
an empty room with windows
a view of a refrigerator a sink and dishwasher with wooden floor
a kitchen with stainless steel appliances a stove a refrigerator a sink and cabinets
a kitchen with granite countertop a sink and wooden cabinets
a kitchen with a sink appliances and cabinets
a kitchen with a sink cabinets and a window
a kitchen with granite countertop a sink stove and refrigerator
a view of a balcony with city view
a bathroom with a sink and a mirror
a view of a hallway with a chandelier
a view of room with window and wooden floor
an empty room with wooden floor and windows
a bathroom with a granite countertop sink a toilet and bathtub
an empty room with wooden floor and windows
wooden floor in an empty room
a bathroom with a sink toilet tub and shower
a utility room with dryer and washer
wooden floor in an empty room
an empty room with windows
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an aerial view of a city with lots of residential buildings
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Listing provided courtesy of Keller Williams Rty Tacoma

Description

Fantastic investment opportunity! Own this brand-new construction 4plex built townhome style. All units rented! Near colleges & military bases,offering incredible rental income potential w/the benefit of low maintenance new construction. Each unit has modern finishes featuring an open great room w/mini-split AC system,kitchen w/quartz counters,ss appliances,LVP flooring throughout & a deck off the kitchen. Two primary bedrooms w/private baths,1car garage. Individual utility meters make this an ideal...Fantastic investment opportunity! Own this brand-new construction 4plex built townhome style. All units rented! Near colleges & military bases,offering incredible rental income potential w/the benefit of low maintenance new construction. Each unit has modern finishes featuring an open great room w/mini-split AC system,kitchen w/quartz counters,ss appliances,LVP flooring throughout & a deck off the kitchen. Two primary bedrooms w/private baths,1car garage. Individual utility meters make this an ideal rent opportunity-live in one unit/rent the others! Possible for buyer to convert into individual condo units after purchase. A smart investment in a prime,high-demand area,multiple 3-unit & 4-unit buildings available,owner willing to sell one or all
  1. Listed by Shelly Dawn Hallsted • Keller Williams Rty Tacoma

Property Details for 312 118th Street South, Unit 4

Community Name
Parkland
School District
Franklin Pierce
Number of Assigned Spaces
8
Total Covered Parking
4
Entry Date
10-15-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 12/05/2025 10:14 AM

Property Details for 312 118th Street South, Unit 4

StatusActive
MLS #2445358
Days on Market59
Cumulative Days on Market59
Taxes$1,535 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2025
Lot Size0.17 AC / 7,500 SF
CountyPierce County

Location

Listing Courtesy of Keller Williams Rty Tacoma
Add your commute

Building Information for 312 118th Street South, Unit 4

Stories3Residences4Year Built2025Building Size-Lot Size0.17 AC / 7,500 SF

Payment Calculator

$8,034 per month

30 year fixed, 6.28% Interest

Principal and Interest

$7,906

Property Taxes

$128

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 312 118th Street South, Unit 4

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Deck, Fenced-Partially
  • Area: 69 - Parkland
  • Effective Year Built Source: Public Records
  • Directions: gps/make sure use 118th Street SOUTH..
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl Plank
  • New Construction: Under Construction
  • Cooling: Yes
  • Cooling: Ductless
  • Fireplace: No
  • Heating: Yes
  • Heating: Ductless, Wall Unit(s)
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
  • Security Features: Partially Fenced
Property
Utilities
  • Water Source: Public
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: Yes
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Estimated Completion Date: 2025-10-31
  • First Right Of Refusal: false
  • MLS Square Footage Source: builder
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2025
  • Photos Count: 37
Lot Information
  • Lot Details: Paved, Sidewalk
  • Lot Size Source: pierce
  • Parcel Number Free Text: 2240003631
  • Building Condition: Under Construction
  • Calculated Square Footage: 4600
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4600.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 3
  • Unit Number: 4
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Total Monthly Income: 8800
Unit 1
  • Name Unit 1: 312
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1150
  • Rent Unit 1: $2,200.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 3
Unit 2
  • Name Unit 2: 314
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1150
  • Rent Unit 2: $2,200.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 3
Unit 3
  • Name Unit 3: 316
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 1150
  • Rent Unit 3: $2,200.00
  • Bedrooms Unit 3: 2
  • Bathrooms Unit 3: 3
Unit 4
  • Name Unit 4: 318
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 1150
  • Rent Unit 4: $2,200.00
  • Bedrooms Unit 4: 2
  • Bathrooms Unit 4: 3
Rental
Rent Information
  • Occupant Type: Vacant
  • Leasable Area: 4600.0

Property History for 312 118th Street South, Unit 4

DateEvent & SourcePriceAppreciation
Oct 15, 2025

Listed (Active)

NWMLS #2445358

$1,600,000—
DateEvent & SourcePrice
10/15/2025

Listed (Active)

NWMLS #2445358

$1,600,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 312 118th Street South, Unit 4

This home is within Franklin Pierce School District.
Rating
School
Type
Grades
Distance
Brookdale Elementary School
Public - PK to 5
Perry G Keithley Middle School
Public - 6 to 8
Washington High School
Public - 9 to 12
Gates Secondary School
Public - 8 to 12
Rating
School
Distance
Brookdale Elementary School
PublicPK to 5

Perry G Keithley Middle School
Public6 to 8

Washington High School
Public9 to 12

Gates Secondary School
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 312 118th Street South, Unit 4, Tacoma, WA 98444

312 118th Street South, Unit 4 is a multi-family home for sale in Tacoma, WA 98444. This property was listed for sale on October 15, 2025 by Keller Williams Rty Tacoma, it's currently listed at $1,600,000. This listing's school district is Franklin Pierce School District. Nearby schools include Brookdale Elementary School, Perry G Keithley Middle School and Washington High School. 312 118th Street South, Unit 4 is a 8-bed, 12-bath, 4,600 sqft multi-family home built in 2025.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Rty Tacoma

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/13/2025 08:27 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.