Listed by Michael Putnam, Keller Williams Rty Tacoma
- 3,590
- Square feet
- $258
- Per sq ft
- Multi Family
- Type
- 1895
- Year built
- 3,250 sq ft
- Lot
- 76
- Days on market
About this property
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
Location & commute
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Property details
Listing details
- Listing number
- #2513807
- Listed
- April 28, 2026
- Days on market
- 76
- Price per sq ft
- $258
Unit & building
- Stories in building
- 3
- Units in building
- 4
Construction
- Year built
- 1895
- Style
- 54 - 4-Plex
- Structure
- Quadruplex
- Roof
- Composition
Heating & cooling
- Heating
- Wall Furnace
- Cooling
- Window Unit(s)
- Energy source
- Electric
Flooring
- Flooring
- HardwoodVinyl
Lot
- Lot features
- CurbsPavedSidewalk
- Lot size
- 3,250 sq ft
Terms
- Terms offered
- CashConventionalFHAOwner Will CarryVA Loan
Utilities
- Water
- TPU
- Sewer
- TPU
- Power
- TPU
Schools
- District
- Tacoma
What stands out to you?
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- Quadruplex
- Composition
- Wall Furnace
- Window Unit(s)
- Electric
- Hardwood
- Vinyl
- Curbs
- Paved
- Sidewalk
- Cash
- Conventional
Listing history
Listed
$925,000
April 28, 2026
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$5,386
- Principal & interest
- $4,677
- Property tax (est.)
- $709
Assumes $185,000 down (20%), a $740,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of July 14, 2026 at 12:30 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.