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$925,000

  • For Sale
  • Active
  • Multi-Family

Listed by Michael Putnam | Keller Williams Rty Tacoma | (253) 460-8640

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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

Full Property Details for 1212 S I St

General

  • Price: $925,000
  • Taxes: $6,338 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2513807
  • Updated: 4/28/2026
  • Added to Site: 26 day(s) ago

Interior

  • Flooring: Hardwood, Vinyl

Additional Information

  • Amenities: Cable TV, Deck, Fenced-Fully, Gated Entry, High Speed Internet, Patio
  • Security/Safety: Fully Fenced, Security Gate

Location

  • Area: 28 - Central Tacoma
  • County: Pierce
  • Subdivision: Hilltop
  • Driving 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

School Information

  • High School District: Tacoma

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Quadruplex
  • Exterior Const.: Cement/Concrete, Wood, Wood Products
  • Foundation: Block
  • Roof: Composition
  • Stories in Building: 3
  • Square Feet: 3,590
  • Year Built: 1895
  • Property Condition: Good

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size (Acres): 0.0746
  • Lot Size (Sq. Ft.): 3,250
  • Lot Size Source: Public records
  • Lot Features: Curbs, Paved, Sidewalk

Financial Considerations

  • Tax Amount: $6,338
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, Owner Will Carry, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 2012180060

Listed by Michael Putnam | Keller Williams Rty Tacoma | (253) 460-8640

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Schools serving 1212 S I St

School District:Tacoma Public Schools
NameGradesDistance
Edna Travis Elementary
2111 South J Street, Tacoma, WA 98405
PK-50.6 mi
Hilltop Heritage Middle School
602 North Sprague Avenue, Tacoma, WA 98403
6-80.9 mi
Stadium High School
111 North E Street, Tacoma, WA 98403
9-121.1 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 1212 S I St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/28/2026
Listed
$925,000
1001.54%
MLS
5/06/1998
Sold
$83,973
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1212 S I St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,084
—
$585,200
7%
2024
$6,084
7%
$546,700
—
2023
$5,690
5%
$548,100
16%
2022
$5,438
8%
$474,300
18%
2021
$5,036
-1%
$400,800
6%
2020
$5,106
12%
$376,600
14%
2018
$4,561
—
$331,800
15%
2018
$4,561
16%
$288,800
19%
2017
$3,921
8%
$243,400
13%
2016
$3,621
13%
$214,700
7%
2014
$3,206
—
$200,500
8%
2014
$3,206
—
$186,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Michael Putnam | Keller Williams Rty Tacoma | (253) 460-8640

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1212 S I Street, Tacoma, WA 98405 (MLS# 2513807) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1212 S I Street is currently listed for $925,000 and was received on April 28, 2026. Want to learn more about 1212 S I Street? Do you have questions about finding other Multi-Family real estate for sale in New Tacoma? You can browse all New Tacoma real estate or contact a Coldwell Banker agent to request more information.

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