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Listed by: Coldwell Banker Bain

$599,950

1206 Tule Lake Road S, Tacoma, WA 98444

4beds

4baths

2,052sqft

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Duplex

Built in 1980

-- sqft lot

$595,900 Zestimate^®

$292/sqft

$-- HOA

What's special

Ample parkingOutdoor spaceComfortable living spacesFunctional layoutsSpacious lot

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.

41 days

189

24

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Heating

Forced Air, Wall Furnace, Electric

Cooling

None

Features

Flooring: Vinyl, Carpet
Has fireplace: No

Interior area

Total structure area: 2,052
Total interior livable area: 2,052 sqft

Property

Parking

Total spaces: 5
Parking features: Garage
Garage spaces: 1
Uncovered spaces: 4

Features

Has view: Yes
View description: Territorial

Lot

Size: 0.29 Acres
Features: Paved

Details

Parcel number: 9175000177
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Duplex
Property subtype: Duplex

Materials

Wood Siding
Foundation: Poured Concrete
Roof: Composition

Condition

Year built: 1980

Utilities & green energy

Electric: Company: Parkland Light & Water
Sewer: Sewer Connected, Company: Pierce County
Water: Public, Company: Parkland Light & Water

Community & HOA

Community

Subdivision: Parkland

Location

Region: Tacoma

Financial & listing details

Price per square foot: $292/sqft
Annual tax amount: $6,902
Date on market: 5/15/2026
Cumulative days on market: 42 days
Listing terms: Conventional,FHA,VA Loan

Estimated market value

$595,900

$566,000 - $626,000

$2,049/mo

Price history

Date	Event	Price
5/15/2026	Listed for sale	$599,950$292/sqft
Source: NWMLS as distributed by MLS GRID #2525044 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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