#2367974, Robert Norton, Listing Office: Realty One Group Orca
12712-12720 C St S Tacoma, WA 98444
Property details
About 12712-12720 C St S
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.
Highlights
Summary
- Flooring Type: Vinyl Plank, Carpet
- Interior: Wall to Wall Carpet
- Exterior: Metal/Vinyl, Wood
- Heating: Baseboard, Forced Air
- Cooling: None
- List Price: $5,800,000
- Price/SqFt: $268
- HOA Amount: $0
- Lot: Paved, Sidewalk
- Directions: GPS works.
- Year Built: 1971
- Stories: 2
- Living Area: 21,600 SqFt
- Lot Size: 0.4821 Acres
- MLS Number: 2335254
- MLS Name: NWMLS
- Office Name: COMPASS
- Office Phone: (206) 330-0314
- Listing Agent: Coleton Pantley
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
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Last updated on: 5/28/2025, 10:17:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$5,800,000
12712-12720 C St S
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Price information
Property sales
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Tax history
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Nearby schools
4
Thompson Elementary School
Public District PK-5
0.9 mi
•303 159th St E
6
Spanaway Elementary School
Public District PK-5
1.1 mi
•412 165th St S
4
Elmhurst Elementary School
Public District KG-5
1.1 mi
•420 133rd St E
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $58,854. Most Tacoma, WA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
Living in Tacoma, WA
Tacoma's transportation infrastructure supports both private and public transit options. The city's public transportation system includes buses that operate on a set schedule, connecting various neighborhoods and key areas. The region is also bike-friendly, with dedicated lanes and trails. Major highways and thoroughfares facilitate commuting and travel to and from the city. While ride-sharing services are available, they complement the existing transportation network, offering additional mobility solutions for residents and visitors.
The city is served by a comprehensive educational system, including a variety of public and private schools, catering to all levels of education. Healthcare is accessible through several hospitals and clinics offering a range of services from primary care to specialized treatments. Tacoma's public library system is extensive, providing residents with educational resources and community programs. Retail and dining options are plentiful, with an emphasis on local businesses that showcase the region's culture and flavors.
Tacoma is celebrated for its vibrant arts scene and waterfront charm. The community prides itself on a rich cultural identity, with numerous galleries, museums, and theaters contributing to the local ambiance. Annual events like the Tacoma Film Festival and the Taste of Tacoma festival reflect the city's love for arts and cuisine, fostering a sense of community among residents.
Tacoma's housing market is diverse, offering a range of options from historic homes to contemporary apartments. Single-family homes are prevalent, with a mix of architectural styles including Craftsman, Victorian, and mid-century modern. The market also includes a selection of condominiums and townhouses, appealing to various preferences and lifestyles. The homeownership rate in Tacoma is robust, with a significant portion of residents owning their homes, while the rest are engaged in the rental market.
About 12712-12720 C St S
The listing price of 12712-12720 C St S property is $5,800,000.
The property 12712-12720 C St S is a house located in Tacoma, Washington, 98444.
Active Listing: 12712-12720 C St S is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 12712-12720 C St S are: Thompson Elementary School (GreatSchools Rating 4/10), Spanaway Elementary School (GreatSchools Rating 6/10), Elmhurst Elementary School (GreatSchools Rating 4/10), Spanaway Middle School (GreatSchools Rating 6/10), Keithley Middle School (GreatSchools Rating 2/10), Cedarcrest Middle School (GreatSchools Rating 3/10), Acceleration Academy (GreatSchools Rating 1/10), Gates Secondary School (GreatSchools Rating 3/10), Washington High School (GreatSchools Rating 4/10).
The property at 12712-12720 C St S has 0 bathroom.
The property 12712-12720 C St S is 21,600 SqFt (source: MLS/tax record).
The year of construction for 12712-12720 C St S is 1971.
This home is located at 12712-12720 C St S in Tacoma, WA and zip code 98444. This 21,600 square foot home, which was built in 1971, sits on a 0.48 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since February 22, 2025 and is currently priced at $5,800,000.
Tacoma, WA housing market in April 2025 saw over 122 listings sold above listed price, more than 79 sold at listed price and over 71 sold below. The inventory of homes for sale in Tacoma, WA between March and April 2025 increased by 12.5%. While the average time on the market in April 2025 was 36 days, the median list price was $484,997.