Date
Details
Price
Change
Source
5/15/2026
Listed
$599,950
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/22
$599,950 Just Listed
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1/22
Property Description
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.
Full Property Details
Full Property Details for 1206 Tule Lake Rd S
General
- Price: $599,950
- Taxes: $6,902 (2025)
- Status: Active
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2525044
- Updated: 5/15/2026
- Added to Site: 5 day(s) ago
Interior
- Flooring: Vinyl, Carpet
Parking
- Garage Spaces: 1
- Covered Spaces: 1
- Uncovered Spaces: 4
Location
- Area: 69 - Parkland
- County: Pierce
- Subdivision: Parkland
- Driving Directions: Spanaway Loop Rd - East on Tule Lake Rd S to address.
School Information
- High School District: Franklin Pierce
- Elementary School: Buyer To Verify
- Middle School: Buyer To Verify
- High School: Buyer To Verify
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Wall Furnace
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Duplex
- Exterior Const.: Wood
- Foundation: Poured Concrete
- Roof: Composition
- Stories in Building: 2
- Square Feet: 2,052
- Year Built: 1980
Unit Information
- Units in Building: 2
Lot Features
- Property View: Territorial
- Lot Size (Acres): 0.287
- Lot Size (Sq. Ft.): 12,500
- Lot Size Source: Tax Records
- Lot Features: Paved
Financial Considerations
- Tax Amount: $6,902
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: None
- Property ID: 9175000177
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 1206 Tule Lake Rd S
School District:Franklin Pierce School District
| Name | Grades | Distance |
|---|---|---|
Brookdale Elementary School 611 132nd St S., Tacoma, WA 98444 | K-5 | 0.5 mi |
Perry G Keithley Middle School 12324 12th Avenue South, Tacoma, WA 98444 | 6-8 | 0.4 mi |
Washington High School 12420 Ainsworth Avenue South, Tacoma, WA 98444 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1206 Tule Lake Rd S
Estimate the Cost
Estimate the Cost for 1206 Tule Lake Rd S
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- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 3Total Baths
- 2,850Sq. Ft.
Listed by Regina Madiera-Gorden | Windermere RE West Campus Inc and Madison Bingham | Windermere RE West Campus Inc
- Multi-Family
- Active
- Updated 5 days ago
Listed by Steve Fischer | Northmarq Multifamily, LLC and Taylor Wyman | Northmarq Multifamily, LLC
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 2,092Sq. Ft.
Listed by Claire E. Newman | Windermere R E Mount Baker
- Single Family
- Active
- Updated 5 days ago
- 5Beds
- 4Total Baths
- 2,660Sq. Ft.
Listed by Erick B Anderson | Abbey Realty Inc
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- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 3Total Baths
- 2,804Sq. Ft.
Listed by Kelli Jo Hjalseth | Windermere Prof Partners and Sharon L. Benson | Windermere Prof Partners
- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 3Total Baths
- 2,804Sq. Ft.
Listed by Kelli Jo Hjalseth | Windermere Prof Partners and Sharon L. Benson | Windermere Prof Partners
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,046Sq. Ft.
Listed by Tanya Headrick | eXp Realty and Bri Headrick | eXp Realty
- Single Family
- Active
- Updated 20 hours ago
- 4Beds
- 3Total Baths
- 3,301Sq. Ft.
Listed by Shawn P Viguerie | eXp Realty
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- Single Family
- Closed
- 4Beds
- 3Total Baths
- 2,674Sq. Ft.
Listed by Lia Huang | Globenex Realty
Sold by Teresa Jean-Baptiste | eXp Realty
Sold by Teresa Jean-Baptiste | eXp Realty
- Single Family
- Closed
- 3Beds
- 3Total Baths
- 1,780Sq. Ft.
Listed by Mike Mansour | John L. Scott, Inc.
Sold by Sarah Koch-Schaapveld | Real Broker LLC
Sold by Sarah Koch-Schaapveld | Real Broker LLC
- Single Family
- Closed
- 4Beds
- 2Total Baths
- 2,125Sq. Ft.
Listed by Christine Hudson | Redfin
Sold by Grace Sato | RE/MAX Exclusive
Sold by Grace Sato | RE/MAX Exclusive
- Single Family
- Closed
- 3Beds
- 2Total Baths
- 1,888Sq. Ft.
Listed by Carolyn Mowatt | Northwest Home Sales
Sold by Sandy Nelson | Riley Jackson Real Estate Inc.
Sold by Sandy Nelson | Riley Jackson Real Estate Inc.
1206 Tule Lake Road S, Tacoma, WA 98444 (MLS# 2525044) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 1206 Tule Lake Road S is currently listed for $599,950 and was received on May 15, 2026. This property is listed by Tyler Vlasak from our Kent Station Office.Want to learn more about 1206 Tule Lake Road S? Do you have questions about finding other Multi-Family real estate for sale in Parkway? You can browse all Parkway real estate or contact a Coldwell Banker agent to request more information.