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2412 S I Street

Tacoma, WA 98405
  • $675,000
  • STATUS: Sold
  • ID#: 2341493
Sold - 04/18/2025
$675,000
SOLD - 04/18/2025
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,008
    SQFT
  • $224
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1981
County:
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Best Choice Realty LLC.
Mortgage Calculator is provided by BoomTown.

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Great investment opportunity! Tacoma 4-plex with great long-term tenants. Each unit features an open living plan, a nice kitchen, and a laundry room with a washer/dryer. There are two bedrooms and one bathroom. The bedrooms are spacious with plenty of closet space. The living room has a real fireplace. One parking spot per unit plus 2 guest parking. While this property is a bit of an exterior fixer, most of the interiors have been updated. It features a 6.0% cap rate and GRM of 11.8. Building 2410 is also available. Buy them both! Wonderful investment property in a growing part of Tacoma.

Sold by COMPASS.

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IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Pickett Street Properties are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-04-27T17:14:48.117. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-04-27T17:14:48.117. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.pickettstreetproperties.com/homes/161241078
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2412 S I Street Tacoma, WA 98405

  • Price: $795,000
  • Status: Sold
  • On Site: Days
  • Updated: 65 min ago
  • ID#: 2341493
0
Beds
0
Baths
0
½ Baths
0.14
Acres
3,008
SQFT
$224
$/SQFT
1981
Built
Neighborhood:
Hilltop
County:
Pierce
Area:
Central Tacoma
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify
School District:
Tacoma
Property Description
Great investment opportunity! Tacoma 4-plex with great long-term tenants. Each unit features an open living plan, a nice kitchen, and a laundry room with a washer/dryer. There are two bedrooms and one bathroom. The bedrooms are spacious with plenty of closet space. The living room has a real fireplace. One parking spot per unit plus 2 guest parking. While this property is a bit of an exterior fixer, most of the interiors have been updated. It features a 6.0% cap rate and GRM of 11.8. Building 2410 is also available. Buy them both! Wonderful investment property in a growing part of Tacoma.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features WoodWood Products Lot Features Paved Open Parking Spaces 4 Open Parking YN Yes Parking Total 4 Parking Uncovered Spaces 4 Roof Composition Structure Type Quadruplex Style Code 54 - 4-Plex View Territorial View YN Yes Waterfront YN No

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 3008 Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring LaminateVinylVinyl PlankCarpet Heating Baseboard Heating YN Yes Interior Features LaminateWall to Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association Fee 0 Association YN No Buyer Financing Conventional Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 48035 New Construction YN No Possession ClosingTenant's Rights Possible Use Multi-FamilyResidential Power Production Type Electric Property Condition Fair Property Sub Type Multi Family Senior Community YN No Sewer Sewer Connected Site Features DeckFenced-PartiallyPatio Special Listing Conditions None Tax Annual Amount 8970 Tax Year 2024 Units In Building Total 4 Water Source Public Year Built Effective 1995 Zoning Description Multi-FamilyResidential Zoning Jurisdiction City



IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Pickett Street Properties are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-04-27T17:14:48.117. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-04-27T17:14:48.117. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Pickett Street Properties
1307 N 45th Street Suite 300
Seattle WA, 98103
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Best Choice Realty LLC.
Mortgage Calculator is provided by BoomTown.