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
Active
Listed by: Keller Williams Rty Tacoma • Michael Putnam
$925,000
1212 S I Street, Tacoma, WA 98405
4beds
4baths
3,590sqft
Quadruplex
Built in 1895
-- sqft lot
$-- Zestimate®
$258/sqft
$-- HOA
What's special
Four living unitsOutside paintNew roofStained decks
- 73 days |
- 99 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Michael Putnam,
Keller Williams Rty Tacoma
Source: NWMLS as distributed by MLS GRID,MLS#: 2513807
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Wall Furnace, Electric
Cooling
- Window Unit(s)
Features
- Flooring: Hardwood, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 3,590
- Total interior livable area: 3,590 sqft
Property
Lot
- Size: 3,249 Square Feet
- Features: Curbs, Paved, Sidewalk, Cable TV, Deck, Fenced-Fully, Gated Entry, High Speed Internet, Patio
Details
- Parcel number: 2012180060
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex
Materials
- Cement/Concrete, Wood Siding, Wood Products
- Foundation: Block
- Roof: Composition
Condition
- Good
- Year built: 1895
- Major remodel year: 1984
Utilities & green energy
- Electric: Company: TPU
- Sewer: Sewer Connected, Company: TPU
- Water: Public, Company: TPU
- Utilities for property: Xfinity
Community & HOA
Community
- Subdivision: Hilltop
Location
- Region: Tacoma
Financial & listing details
- Price per square foot: $258/sqft
- Tax assessed value: $582,500
- Annual tax amount: $6,338
- Date on market: 4/28/2026
- Cumulative days on market: 74 days
- Listing terms: Conventional,FHA,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
$1,543/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/28/2026 | Listed for sale | $925,000+236.4%$258/sqft |
Source:  NWMLS as distributed by MLS GRID #2513807 Report a problem | ||
| 9/23/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 9/6/2022 | Price change | $1,545+14.4% |
Source: Zillow Rental Manager Report a problem | ||
| 8/23/2022 | Listed for rent | $1,350 |
Source: Zillow Rental Manager Report a problem | ||
| 3/26/2011 | Listing removed | $275,000$77/sqft |
Source: Coldwell Banker Bain Associates #181073 Report a problem | ||
| 2/12/2011 | Price change | $275,000-0.3%$77/sqft |
Source: Coldwell Banker Bain Associates #181073 Report a problem | ||
| 11/5/2010 | Price change | $275,950-8%$77/sqft |
Source: Coldwell Banker Bain Associates #128462 Report a problem | ||
| 9/9/2010 | Listed for sale | $299,950-14.3%$84/sqft |
Source: Coldwell Banker Bain Associates #128462 Report a problem | ||
| 7/8/2010 | Listing removed | $349,950$97/sqft |
Source: John L Scott Real Estate #59625 Report a problem | ||
| 4/20/2010 | Listed for sale | $349,950$97/sqft |
Source: John L Scott Real Estate #59625 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,339 +4.2% | $582,500 +6.5% |
| 2023 | $6,084 +6.9% | $546,700 -0.3% |
| 2022 | $5,690 +4.6% | $548,100 +15.6% |
| 2021 | $5,438 +26.1% | $474,300 +25.9% |
| 2019 | $4,311 -5.5% | $376,600 +13.5% |
| 2018 | $4,561 +16.3% | $331,800 +14.9% |
| 2017 | $3,921 +12.5% | $288,800 +34.5% |
| 2016 | $3,485 | $214,700 +7.1% |
| 2014 | $3,485 +14.1% | $200,500 +7.6% |
| 2013 | $3,055 | $186,300 +7% |
| 2012 | -- | $174,100 -13% |
| 2011 | -- | $200,000 -12.8% |
| 2010 | -- | $229,300 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: New Tacoma
Nearby schools
GreatSchools rating
- 3/10Edna Travis ElementaryGrades: PK-5Distance: 0.7 mi
- 3/10Hilltop Heritage Middle SchoolGrades: 6-8Distance: 0.9 mi
- 7/10Stadium High SchoolGrades: 9-12Distance: 1.1 mi
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- Washington
- Pierce County
- Tacoma
- 98405
- New Tacoma
- 1212 S I Street
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