166 112th Street Ct

Tacoma, WA
$ 5,000,000 Beds 0 Baths 0 Sq 22,368
Monthly Estimate* How much can I afford?

Constructed in 1988, Sherwood Terrace consists of four two-story wood framed residential buildings spread across a roughly 1-acre parcel. This 24-unit complex holds spacious 2-bedroom, 1-bath and 2-bedroom, 1.5 bath layouts averaging 932 SF. Meticulously maintained and self-managed, this unique offering is being offered to investors for the first time in 15+ years. Primed for renovation, this value-add opportunity offers significant rental upside as rents are currently below market, and majority of homes (83%) are ripe for renovation to capture additional rent premiums. Sherwood Terrace presents and ideal first-generation value-add opportunity through maximizing operations with professional management, and interior renovations.

Pending

  • Price
  • $ 5,000,000
  • Lot Size
  • 0.97 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 22,368
  • Full Bathrooms
  • 0
  • Year Built
  • 1988
  • Half Bathrooms
  • 0
  • City, Zip
  • Tacoma
  • Taxes
  • 45219
  • County
  • PIERCE
  • Style
  • 10+ Units
  • Area
  • Parkland
  • MLS#
  • 1730648
  • Zip
  • 98445
Listing Provided by: Kidder Mathews and NWMLS
Data Source: NWMLS

Features

General

Buildingareaunits Square Feet
Carport Spaces 24
Carport Y/N No
Exterior Features Cement Planked
Flooring See Remarks
High School District Tacoma
New Construction No
Open Parking Spaces 8
Possible Use Multi-Family
Property SubType Multi-Family
Property Type Residential Income
Roof Composition
Sewer Sewer Connected
Standard Status Pending
Structure Type Multi Family
Subdivision Name Parkland
Tax Annual Amount 45219
Terms Conventional
Total Units 24
Units Below Grade false
Units In Building Total 24

Interior Features

Electric On Property Y/N No
Fireplace Y/N No
Furnished Y/N Unfurnished
Power Production Type Electric

Exterior Features

Foundation Details Block
Lot Dimensions 42100
Lot Size Acres 0.9665
Lot Size Square Feet 42100
Lot Size Units Square Feet
Open Parking Y/N Yes
Parking Uncovered Spaces 8
Total Parking 32
View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Issaquah, WA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

2/25/2021 Listed $5,000,000

Property vs Zip Code Average in 98445

Price
AVG $490K
$5M
Taxes
AVG $4,540
$45,219
Visits
AVG 76
131
Year Built
AVG 1981
1988
Walkscore
AVG 23
65
Data Provided by Walkscore ® not using MLS data

Map

166 112th Street Ct Tacoma, WA is a Single Family Home for sale at $5000000 with 22368 sqft and a lot size of 0.97 Acres Acre(s). 166 112th Street Ct Tacoma has 0 bedrooms, 0 baths and was built in 1988. The property's zip code is 98445 which is in Tacoma, WA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.