1214 S I Street Tacoma, WA $ 1,049,000
1214 S I Street
$ 1,049,000
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1214 S I Street

Tacoma, WA, 98405
$ 1,049,000
Baths0.0 Sq 3,435

Monthly Estimate*

$ 6,459

Listed by Kelly Right RE of Seattle LLC
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Studio

Multi-Family Home for sale in Tacoma, WA

for $1,049,000. This 3,435 square foot home was built in 1901 on a lot size of 0.0746.

Stunning Victorian 4-plex spread over two buildings that were fully rebuilt from the studs out in 2018. These units blend historic character with modern luxury! All units are fully furnished, and the sale includes all furniture, linens, dishware, décor and household essentials—offering a truly turnkey, income-producing highly rated vacation rental property from day one (ratings listed below). Each unit features its own in-unit washer and dryer. Prime Hilltop location with excellent walkability to the Tacoma light rail, convention center, UW Tacoma, and local museums, plus less than a mile from three major hospitals (about a 3-minute drive or 5-minute bike ride), making it highly desirable for traveling professionals and 30+ day furnished rentals. Thoughtfully designed unit mix offers strong income potential across all four units. Unit 1 features a spacious 1 bed/1 bath (900 SF) with open living and dining layout, sleeping 3 and averaging $2,838/mo (4.86/5 Star Rating). Unit 2 is the largest at 3 bed/2 bath (1,335 SF), sleeping 8, highlighted by partial Mt. Rainier views and two private decks, averaging $3,841/mo (4.9/5 Star Rating). DADU lower unit includes 1 bed/1 bath (600 SF), tile flooring in a sleek kitchen, sleeping 2, averaging $2,745/mo (4.85/5 Star Rating). Upper DADU is a cozy 1 bed/0.75 bath (600 SF), also sleeping 2, averaging $2,443/mo (4.84/5 Star Rating). Excellent opportunity for investor or house-hack buyer seeking strong in-place income and flexibility.

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Multi-Family Active

Price

$ 1,049,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,586

Style

4-Plex

Lot Size

0.0746

Year Built

1901

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2520517

Features
General
Living Area 0
Sewer Sewer Connected
Heating Wall Furnace
Cooling Window Unit(s)
Possession Negotiable
Roof Composition
HOA Fee 0
Garage Spaces 0
Security Features Fully Fenced
Year Built 1901
View City Territorial
Property Subtype Multi Family
Tax Year 2025
County Pierce
Net Operating Income 80500
Insurance Expense 5666
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Hilltop
Special Listing Conditions None
Status Active
Directions I-5 Exit 133 towards I-705 North exit city center exit keep left onto South 15th. Right on South I St. Home is on Left
City Tacoma
Senior Community Y/N N
High School District Tacoma
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 Conventional FHA VA Loan
Tax Annual Amount 6586
Electric Expense 15197
Fuel Expense 0
Public Remarks Stunning Victorian 4-plex spread over two buildings that were fully rebuilt from the studs out in 2018. These units blend historic character with modern luxury! All units are fully furnished and the
Leasable Area 3435
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Water Company TPU
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 0
Property Style 54 - 4-Plex
Cap Rate 8
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Exterior
Exterior Amenities Wood Wood Products
Water Source Public
Total Parking 0
Foundation Details Block Poured Concrete
Building Area Total 3435
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 High Speed Internet
Parking Uncovered Total 0
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Interior
Flooring Ceramic Tile Vinyl Plank Carpet
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 NWM2520517
Street Number 1 1214
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* Excluded Features
List By
JJ Kovach

Listing Agent

Kelly Right Re Of Seattle Llc

Broker

Affordability Calculator

$7,008
Per Month
92%
8%
0%
Monthly Principal & Interest
$6,459
Monthly Property Taxes
$549
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Pricing History
DatePricePrice ChangeDescription
5/8/2026$1,049,000 Listed Price

Map


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1214 S I Street, Tacoma, WA, 98405 is a Multi-Family Home for sale at $1,049,000 with 3,435 sqft and a lot size of 0.0746. 1214 S I Street is a studio with 0.0 baths and was built in 1901. The property's zip code is 98405 which is in Tacoma, WA