$925,000
Est. $4,687/mo1212 S I Street, Tacoma, WA 98405
• Listed 2026-04-28•46 days on market
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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
Listed by Michael Putnam • Keller Williams Rty Tacoma
Listing updated: April 28, 2026 at 01:19pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2513807
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1212 S I Street, Tacoma, WA 98405
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Tacoma is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 10 days.
$480,000 Sold
4 weeks ago
3 bd•1.5 ba•~1,558 sq ft•Single Family
2367 Yakima Court, Tacoma, WA 98405
2%
Under list
—
Days on market
0.8 mi
Distance
$215,000 Sold
6 weeks ago
•Single Family
705 S 9th Street #201, Tacoma, WA 98405
0%
Over list
—
Days on market
0.3 mi
Distance
$630,000 Sold
6 weeks ago
•Single Family
1610 S 23rd Street, Tacoma, WA 98405
1%
Under list
—
Days on market
0.9 mi
Distance
$402,000 Sold
7 weeks ago
5 bd•2 ba•~1,952 sq ft•Single Family
1807 S L Street, Tacoma, WA 98405
1%
Over list
—
Days on market
0.5 mi
Distance
$529,000 Sold
2 months ago
5 bd•1 ba•~2,356 sq ft•Single Family
618 S 15th, Tacoma, WA 98405
0%
Over list
—
Days on market
0.3 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.