1012 N I Street Tacoma, WA $ 899,000
1012 N I Street
$ 899,000
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1012 N I Street

Tacoma, WA, 98403
$ 899,000
Baths0.0 Sq 3,031

Monthly Estimate*

$ 5,535

Listed by Real Broker LLC
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Studio

Multi-Family Home for sale in Tacoma, WA

for $899,000. This 3,031 square foot home was built in 1900 on a lot size of 0.1119.

Rare North Slope triplex located directly across from the iconic Rust Mansion — a premier location in one of Tacoma’s most desirable historic neighborhoods. The ground-floor unit lives like a single-family residence with 2 bedrooms, 1 bath, covered front porch, and exceptional period charm. The two upper units are updated, multi-level townhome-style layouts offering 2 bedrooms, ¾ baths, private balconies, and water views, supporting strong tenant demand and premium rents. Additional income is generated from a detached 3-car garage, with potential upside through future DADU or fourth-unit conversion (buyer to verify). Shared on-site laundry adds operational efficiency and tenant convenience. A true turn-key asset with long-term appreciation, multiple income streams, and flexible exit strategies — ideal for both seasoned investors and owner-occupants seeking a high-quality house-hack in a trophy location.

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Multi-Family Active

Price

$ 899,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 8,089

Style

Tri-plex

Lot Size

0.1119

Year Built

1900

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2470773

Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air Radiator
Cooling None
Possession Closing Subject to Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 3
Year Built 1900
View Bay Mountain(s) Sound Territorial
Property Subtype Multi Family
Tax Year 2025
County Pierce
Net Operating Income 58423
Insurance Expense 2000
New Construction N
Property Type Residential Income
HOA N
Energy Efficient Thermal Windows
Subdivision Name North Tacoma
Possible Use Multi-Family Residential
Special Listing Conditions None
Status Active
Directions N I St
City Tacoma
Senior Community Y/N N
High School District Tacoma
Zoning Description Multi-Family Residential
Number Of Units Total 3
MLS Area 21 - North Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 4875
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional FHA VA Loan
Tax Annual Amount 8089
Electric Expense 0
Fuel Expense 0
Property Condition Average
Public Remarks Rare North Slope triplex located directly across from the iconic Rust Mansion a premier location in one of Tacomas most desirable historic neighborhoods. The ground-floor unit lives like a single-fa
Leasable Area 2725
Structure Type Triplex
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry Fire Sprinklers Thermal Windows
Units Below Grade false
Units In Building Total 3
Water Sewer Garbage 3500
Property Style 53 - Tri-plex
Cap Rate 6.5
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Exterior
Exterior Amenities Wood
Foundation Details Poured Concrete
Building Area Total 3031
Lot Size Acres 0.1119
Waterfront Y/N N
Covered Spaces 3
Irrigation Water Rights Y/N N
Site Features Patio
Parking Uncovered Total 1
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Interior
Flooring Hardwood Vinyl
Total Fireplaces 0
Total Stories 4
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2470773
Street Number 1 1012
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* Excluded Features
List By
Charles Burnett

Listing Agent

Real Broker Llc

Broker

Affordability Calculator

$6,209
Per Month
89%
11%
0%
Monthly Principal & Interest
$5,535
Monthly Property Taxes
$674
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
1/23/2026$899,000 Listed Price

Map


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1012 N I Street, Tacoma, WA, 98403 is a Multi-Family Home for sale at $899,000 with 3,031 sqft and a lot size of 0.1119. 1012 N I Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 98403 which is in Tacoma, WA