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1212 S I Street Tacoma, WA $ 999,250
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$ 999,250 Get more info
1212 S I Street
$ 999,250
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Share Save

1212 S I Street

Tacoma, WA, 98405
$ 999,250
Baths0.0 Sq 3,590

Monthly Estimate*

$ 6,234

Listed by Keller Williams Rty Tacoma
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Studio

Multi-Family Home for sale in Tacoma, WA

for $999,250. This 3,590 square foot home was built in 1895 on a lot size of 0.0746.

Owner Financing up to 400K for 2 years. 4-Plex w/storage, A turnkey investment/house hack opportunity that delivers both dependable income and long-term value appreciation. With all four units updated studs out in 2000 and generating stable rental revenue. 2 Units rent as 2 bedroom. 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. Owners/Investors/first time 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. New roof and exterior paint within the last year as well as newly stained decks make this property shine.

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Multi-Family Active

Price

$ 999,250

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,338

Style

4-Plex

Lot Size

0.0746

Year Built

1895

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2438060
Features
General
Living Area 0
Sewer Sewer Connected
Heating Wall Unit(s)
Cooling Window Unit(s)
Possession Closing Subject to Tenant Rights
Roof Composition
HOA Fee 0
Security Features Fully Fenced Security Gate
Year Built 1895
Property Subtype Multi Family
Tax Year 2025
County Pierce
Net Operating Income 61086
Insurance Expense 2000
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Hilltop
Special Listing Conditions None
Status Active
Directions I-5 Exit 133 I-705 North exit city center exit keep left onto S. 15th. R on S. I St. Destination is on Left
City Tacoma
Senior Community Y/N N
High School District Tacoma
Open Parking Spaces 0
Number Of Units Total 4
MLS Area 28 - Central Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 3250
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional FHA Owner Financing VA Loan
Tax Annual Amount 6338
Electric Expense 0
Fuel Expense 0
Property Condition Good
Public Remarks Owner Financing up to 400K for 2 years. 4-Plex w/storage A turnkey investment/house hack opportunity that delivers both dependable income and long-term value appreciation. With all four units updated
Leasable Area 4280
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities Storage
Water Company TPU
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 0
Property Style 54 - 4-Plex
Cap Rate 6
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Exterior
Exterior Amenities Cement/Concrete Wood Wood Products
Lot Features Curbs Paved Sidewalk
Water Source Public
Total Parking 0
Foundation Details Block
Building Area Total 3590
Lot Size Acres 0.0746
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Fenced-Fully Gated Entry High Speed Internet Patio
Parking Uncovered Spaces 0
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Interior
Flooring Hardwood Vinyl
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2438060
Street Number 1 1212
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* Excluded Features
List By
Michael Putnam

Listing Agent

Keller Williams Rty Tacoma

Broker

Affordability Calculator

$6,762
Per Month
92%
8%
0%
Monthly Principal & Interest
$6,234
Monthly Property Taxes
$528
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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.
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Nearby
256639 Elementary School
257487 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/15/2025$999,250 -7.05% Price Down
10/3/2025$1,075,000 Listed Price

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1212 S I Street, Tacoma, WA, 98405 is a Multi-Family Home for sale at $999,250 with 3,590 sqft and a lot size of 0.0746. 1212 S I Street is a studio with 0.0 baths and was built in 1895. The property's zip code is 98405 which is in Tacoma, WA

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