1212 S I Street, Tacoma, Washington 98405

WA, Tacoma
$925,000
  • 3,590 Sqft
  • Residential Income Property Type
  • 1895 Year Built
  • Active Status
Property Description

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

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2513807
  • Price: $925,000
  • Square Footage: 3,590 Sqft
  • Year Built: 1895
  • Lot Area: 0.07 Acre
  • Status: Active
  • Office Name: Keller Williams Rty Tacoma
  • Agent Name: Michael Putnam
  • Property Sub Type: Multi Family
  • Roof: Composition
Features
  • Heating System Wall Furnace
  • Cooling System Window Unit(s)
  • Exterior Features Wood, Cement/Concrete, Wood Products
  • Flooring Hardwood, Vinyl
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Pierce
  • City Tacoma
  • Zipcode 98405
  • Street: I
  • Street Number: 1212
  • Street Suffix: Street
  • Longitude: W123° 33' 3.9''
  • Latitude: N47° 15' 2.6''
  • 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
  • Mls Area Major: 28 - Central Tacoma
  • Street Dir Prefix: S
Neighborhood
  • High School District: Tacoma
Additional Information
  • Water Source: Public
  • Stories Total: 3
  • On Market Date: 2026-04-28
  • Number Of Units Total: 4
  • Lot Features: Paved, Curbs, Sidewalk
  • Foundation Details: Block
  • Construction Materials: Wood, Cement
Financial
  • Tax Annual Amount: 6338
Listing Information
  • List Agent Mls Id: 127708
  • List Office Mls Id: 9271
  • Listing Term: Cash,Conventional,FHA,Owner Will Carry,VA Loan
  • Mls Status: Active
  • Modification Timestamp: 2026-04-28T20:19:13Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2026-04-28T20:12:48Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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