769 121st St S · Tacoma, WA 98444
Source: NWMLS · eXp Realty · Donna Huber #NWM2577900
About this home
New price improvement offers unmatched value for this turnkey home directly across from Pacific Lutheran University! Perfect for savvy investors looking to maximize student housing cash flow or owner-occupants seeking an affordable monthly payment. This income-generating gem features over $50K in major updates—including a new roof, gutters, exterior paint, a new furnace, and a new water heater. Enjoy peace of mind with newer vinyl windows, new vinyl plank flooring throughout the main living areas, and an updated bathroom. The large, fully fenced backyard provides excellent outdoor space. With major capital improvements already completed and a strong rental history, this move-in-ready property offers a low-maintenance, high-yield opportunity. Conveniently located steps from campus, shopping, dining, and transit routes. Don't miss this repositioned, turnkey opportunity in a prime PLU location!
Location
Basics
- Property type
- Single Family Residence
- Style
- Traditional
- Stories
- 1 story
- Condition
- Good
- Year built
- 1958 (renovated 1983)
- Lot size
- 7,500 sq ft (0.17 acres)
- County
- Pierce
- MLS #
- NWM2577900
Interior
- Heating
- Forced Air
- Cooling
- Forced Air
- Flooring
- Vinyl Plank, Carpet
- Appliances
- Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
- Fireplace
- 1 · Wood Burning
- Interior features
- Dining Room, Fireplace, Sprinkler System, Water Heater
- Entry level
- Main
Exterior & lot
- Exterior features
- Cement Planked, Wood
- Roof
- Composition
- Foundation
- Slab
- Lot features
- Paved, Sidewalk
- Topography
- Level
- View
- Territorial
- Waterfront
- No
Parking
- Parking features
- Driveway, Off Street
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Electric, Natural Gas
Community & fees
- Subdivision
- Parkland
- Property tax
- $4,915 (2026)
Transaction
- Original list price
- $465,000 (2.2% price cut)
- Listed on
- Sep 9, 2026
- Days active
- 68
- Price per sq ft
- $289
- Listing terms
- Cash, Conventional, FHA, See Remarks, VA Loan
- Possession
- Closing
More homes nearby
Schools
School district: Franklin Pierce
- Elementary
- Brookdale Elem
- Middle
- Perry G Keithley Mid
- High
- Washington High SchoolSchoolDigger 1 star · Top 77% in WA
Listing provided courtesy of: eXp Realty
Listing agent: Donna Huber.
Based on information submitted to the MLS GRID as of —. 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. IDX information provided exclusively 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. Information is deemed reliable but not guaranteed.
Data last updated 2026-11-05.