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$5,800,000
81 Days On Site
12712 C Street STacoma, WA98444
For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
21,600
SqFt
$269
/SqFt
1971
Built
Cumulative Days On Market:
80
Subdivision:
Parkland
County:
Pierce
Courtesy of NWMLS
Listing courtesy of Coleton Pantley of COMPASS
Listing courtesy of Coleton Pantley of COMPASS
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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.
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Listing Snapshot
Price
$5,800,000
Days On Site
81 Days
Bedrooms
N/A
Inside Area (SqFt)
21,600 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.4821 Acres
Year Built
1971
MLS® Number
2335254
Status
Active
Property Tax
$55,585
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 3 months ago | Listing updated with changes from the MLS® | |
| 3 months ago | Status changed to Active | |
| 3 months ago | Listing first seen on site |
General Features
Acres
0.4821
Number Of Stories
2
Parking Spaces
56
Property Sub Type
Multi Family
SqFt Total
21600
Utilities
Cable AvailableSewer Connected
Water Source
Public
Interior Features
Flooring
CarpetVinyl
Heating
ElectricBaseboardForced Air
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Exterior Features
Construction Details
Vinyl SidingWood SidingMetal Siding
Fencing
Full
Lot Features
Paved
Patio And Porch
Deck
Roof
Composition
Community Features
Financing Terms Available
Conventional
MLS Area
69 - Parkland
School District
Franklin Pierce
Schools
School District
Franklin Pierce
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Courtesy of NWMLS
Listing courtesy of Coleton Pantley of COMPASS
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2025-05-13 04:06 PM PDT
Listing courtesy of Coleton Pantley of COMPASS
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2025-05-13 04:06 PM PDT
Neighborhood & Commute
Source: Walkscore
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