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1212 S I Street, Tacoma, WA, 98405

4beds
4baths
3,590sqft
$925,000
$258price/sqft
$5,957/moest. monthly cost
$238,280/yrincome needed

About This Home

1212 S. I Street is a turnkey investment opportunity that delivers both dependable income and long-term value appreciation. With four living units and a 5th for storage this property is generating stable rental revenue, has strong tenant demand driven by nearby employment and education, and clear potential for value-add improvements. This property offers an ideal balance of security and growth. Property has a new roof, outside paint and stained decks. Investors and house hackers seeking a manageable, well-located asset in a dynamic Pacific Northwest market will find 1212 S. I Street to be a compelling choice. Owner previously lived and had office in 2 units of property and will rent back storage under unit 4 if desired, adding additional income. See recent passed Insurance Inspection in supplements

Getting Around

90
WalkingWalker's Paradise
0
TransitVery Limited Transit
63
BikeBikeable

Schools

2/10
Edna Travis ElementaryGrades PK-50.6 mi
3/10
7/10
Stadium High SchoolGrades 9-121.1 mi

Construction

Condition

  • Property condition: Good
  • Year built: 1895

Materials

  • Foundation: Block
  • Roof: Composition
  • Construction materials: Cement/Concrete,Wood Siding,Wood Products

Notable Dates

  • Major remodel year: 1984

Type & Style

  • Home type: MultiFamily
  • Architectural style: 4-Plex
  • Property subType: Quadruplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Features

  • Flooring: Hardwood,Vinyl

Heating & Cooling

  • Heating features: Wall Furnace,Electric
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 3,590
  • Total interior livable area: 3,590 sqft

Property

Details

  • Parcel number: 2012180060
  • Zoning description: Jurisdiction: City
  • Special condition: Standard

Lot

  • Lot size: 3,249 sqft
  • Features: Curbs,Paved,Sidewalk,Cable TV,Deck,Fenced-Fully,Gated Entry,High Speed Internet,Patio