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JRJeff ReynoldsCompass · Seattle

Listed by Tyler Vlasak, Coldwell Banker Bain

2,052
Square feet
$292
Per sq ft
Multi Family
Type
1980
Year built
12,500 sq ft
Lot
59
Days on market

About this property

Prime multi-family investment opportunity in a high-demand Tacoma rental corridor. This income-producing property at 1205 130th St S offers investors the chance to secure consistent cash flow with strong occupancy potential and future appreciation upside. Featuring well-designed units, practical layouts, and desirable outdoor space, this property is positioned to attract long-term tenants and maximize rental income.Conveniently located near JBLM, major highways, shopping centers, schools, and public transit, the location supports continued tenant demand and stable returns. Ample parking and easy access add to the property’s overall appeal for both tenants and investors alike.Whether you're a seasoned investor looking to expand your portfolio or a buyer seeking a strong-performing asset with value-add potential, this Tacoma multi-family property delivers an excellent combination of cash flow, location, and long-term investment opportunity.

Location & commute

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Directions

Property details

Listing details

Listing number
#2525050
Listed
May 15, 2026
Days on market
59
Price per sq ft
$292

Unit & building

Stories in building
2
Units in building
2

Parking

Covered spaces
1
Total spaces
3

Construction

Year built
1980
Style
52 - Duplex
Structure
Duplex
Roof
Composition

Heating & cooling

Heating
Forced AirWall Furnace
Cooling
None
Energy source
Electric

Flooring

Flooring
VinylCarpet

Lot

Lot features
Dead End StreetPaved
Lot size
12,500 sq ft

Terms

Terms offered
CashConventionalFHAVA Loan

Utilities

Water
Parkland Light & Water
Sewer
Pierce County
Power
Parkland Light & Water

Schools

District
Franklin Pierce
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Duplex
  • Composition
  • Forced Air
  • Wall Furnace
  • None
  • Electric
  • Vinyl
  • Carpet
  • Dead End Street
  • Paved
  • Cash
  • Conventional

Listing history

  1. Listed

    $599,950

    May 15, 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

$3,494

Principal & interest
$3,034
Property tax (est.)
$460

Assumes $119,990 down (20%), a $479,960 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.

Similar nearby listings

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.