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Investment Opportunity: Townhouse Duplex in Parkland (Close to PLU & JBLM!) 

Situated in a wonderfully convenient Parkland neighborhood, this desirable townhouse duplex is no more than 5 minutes to freeways, schools, parks, grocery stores, restaurants, and so much more! Pacific Lutheran University is just down the street, and those who commute to Joint Base Lewis-McChord are sure to appreciate being merely minutes to base. Not only is this duplex surrounded by a long list of amenities, but each unit offers 2 bedrooms, 1.5 baths, a 1-car garage, and even backyard space. This duplex is fully rented, and the long-term tenants indicate that they’d love to stay. Located at 1206 1208 Tule Lake Road S Tacoma, WA 98444, this townhouse duplex in Parkland is listed for $575,000. The adjacent duplex located at 1205 1207 130th Street S is also for sale. 

For many investors, owning a duplex is an attractive opportunity. Whether you are a new investor ready to build your portfolio or you are a 1031 Exchange seasoned investor, this duplex presents excellent potential. The duplex is being sold by its original owners, and it’s perfect for month to month rentals. 

Each unit is 1,026 square feet, and each unit includes 2 bedrooms, 1.5 baths, and a 1-car garage. You’ll also find that each unit has its own front and backyard, garden window, and back deck. Having outdoor space is sure to be a draw for potential renters! There are also washer and dryer hookups in each unit. Plus, 2019 brought a major capital improvement to this townhouse duplex; a new roof was installed by Patriot Roofing, which includes a transferable warranty. 

What Is It Like to Live in Parkland, Washington? 

Parkland is an unincorporated suburb of Tacoma, and you’ll notice that this duplex technically has a Tacoma address (1206 1208 Tule Lake Road S Tacoma, WA 98444). Parkland is a popular choice for those who commute via freeway for work; Highway 512 borders Parkland to the north, which also provides easy Interstate-5 access. This duplex has particularly great freeway access—Highway 512 is only a 4-minute drive from home, for example. Joint Base Lewis-McChord borders Parkland to the west, making Parkland a popular choice for those who commute to base.  

At 1206 1208 Tule Lake Road S Tacoma, WA 98444, you’re merely blocks to Pacific Lutheran University Campus, and local public schools are also just blocks from home. Spanaway Loop Road is just down the street, making it easy to get around the immediate area. When you need to run errands, you’ll find a huge variety of shopping, dining, and local services right along Pacific Avenue. Pick up groceries at places like Safeway, Albertsons, and QFC; shop at The Home Depot and Walgreens; and dine out at Mazatlan, Farrelli’s, Happy Teriyaki, El Toro, Lucky’s Drive-In, and dozens of other popular eateries. 

Another big benefit of living in this area is how close you are to several excellent outdoor activities and ways to stay active. PLU’s outdoor spaces and Gonyea Park are close by, but for a larger variety of things to do and see, head south. Sprinker Recreation Center, Spanaway Park, Spanaway Lake, and Lake Spanaway Golf Course all offer opportunities for everything from boating and fishing to ice skating and tennis!

You can contact REALTOR® Vickie Jennings at 252-229-9709 or contact REALTOR® Cathy Torgerson at (253) 740-3531. You can also reach out to both Cathy and Vickie online here!

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