1206 Tule Lake Road S Tacoma, WA $ 599,950
1206 Tule Lake Road S
$ 599,950
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1206 Tule Lake Road S

Tacoma, WA, 98444
$ 599,950
Baths0.0 Sq 2,052

Monthly Estimate*

$ 3,694

Listed by Coldwell Banker Bain
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Studio

Multi-Family Home for sale in Tacoma, WA

for $599,950. This 2,052 square foot home was built in 1980 on a lot size of 0.287.

Excellent multi-family investment opportunity in South Tacoma offering strong cash flow potential and long-term upside. Situated on a spacious lot, this property features multiple income-producing units with functional layouts, comfortable living spaces, and strong rental appeal. Investors will appreciate the opportunity to generate steady monthly income while benefiting from Tacoma’s continued rental demand and growth.The property offers ample parking, outdoor space, and convenient access to shopping, schools, public transportation, JBLM, and major commuter routes—making it highly attractive to tenants. Whether you’re expanding your portfolio, house hacking, or seeking a value-add opportunity with future upside, this property presents flexibility and income potential in a desirable location.A rare chance to own a versatile multi-family asset with immediate revenue potential and room for future growth.

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Multi-Family Active

Price

$ 599,950

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,902

Style

Duplex

Lot Size

0.287

Year Built

1980

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2525044

Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air Wall Furnace
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 1
Year Built 1980
View Territorial
Property Subtype Multi Family
Tax Year 2025
County Pierce
Net Operating Income 33598
Insurance Expense 1500
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Parkland
Special Listing Conditions None
Status Active
Directions Spanaway Loop Rd - East on Tule Lake Rd S to address.
High School Buyer To Verify
City Tacoma
Senior Community Y/N N
High School District Franklin Pierce
Number Of Units Total 2
MLS Area 69 - Parkland
Lot Size Units Square Feet
Lot Size Square Feet 12500
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School Buyer To Verify
Tax Annual Amount 6902
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Public Remarks Excellent multi-family investment opportunity in South Tacoma offering strong cash flow potential and long-term upside. Situated on a spacious lot this property features multiple income-producing uni
Leasable Area 2052
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Water Company Parkland Light & Water
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 0
Property Style 52 - Duplex
Cap Rate 0
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Exterior
Exterior Amenities Wood
Lot Features Paved
Water Source Public
Total Parking 5
Foundation Details Poured Concrete
Building Area Total 2052
Lot Size Acres 0.287
Waterfront Y/N N
Covered Spaces 1
Irrigation Water Rights Y/N N
Parking Uncovered Total 4
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Interior
Flooring Vinyl Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
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 NWM2525044
Street Number 1 1206
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* Excluded Features
List By
Tyler Vlasak

Listing Agent

Coldwell Banker Bain

Broker

Affordability Calculator

$4,269
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,694
Monthly Property Taxes
$575
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
3100539 Elementary School
3100737 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
5/15/2026$599,950 Listed Price

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1206 Tule Lake Road S, Tacoma, WA, 98444 is a Multi-Family Home for sale at $599,950 with 2,052 sqft and a lot size of 0.287. 1206 Tule Lake Road S is a studio with 0.0 baths and was built in 1980. The property's zip code is 98444 which is in Tacoma, WA