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Active · Residential Income

1214 S I Street , Tacoma, WA 98405

Tacoma, WA 98405

$979,999

— bedrooms · — bathrooms · 0 sq ft

Listing provided by Kelly Right RE of Seattle LLC · MLS #2520517 · Active

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About this property

Stunning Victorian 4-plex spread over two buildings that were fully rebuilt from the studs out in 2018. These units blend historic character with modern luxury! All units are fully furnished, and the sale includes all furniture, linens, dishware, décor and household essentials—offering a truly turnkey, income-producing highly rated vacation rental property from day one (ratings listed below). Each unit features its own in-unit washer and dryer. Prime Hilltop location with excellent walkability to the Tacoma light rail, convention center, UW Tacoma, and local museums, plus less than a mile from three major hospitals (about a 3-minute drive or 5-minute bike ride), making it highly desirable for traveling professionals and 30+ day furnished rentals. Thoughtfully designed unit mix offers strong income potential across all four units. Unit 1 features a spacious 1 bed/1 bath (900 SF) with open living and dining layout, sleeping 3 and averaging $2,838/mo (4.86/5 Star Rating). Unit 2 is the largest at 3 bed/2 bath (1,335 SF), sleeping 8, highlighted by partial Mt. Rainier views and two private decks, averaging $3,841/mo (4.9/5 Star Rating). DADU lower unit includes 1 bed/1 bath (600 SF), tile flooring in a sleek kitchen, sleeping 2, averaging $2,745/mo (4.85/5 Star Rating). Upper DADU is a cozy 1 bed/0.75 bath (600 SF), also sleeping 2, averaging $2,443/mo (4.84/5 Star Rating). Excellent opportunity for investor or house-hack buyer seeking strong in-place income and flexibility.

Property details

Property type
Multi Family
Year built
1901
Lot size
3,250 sq ft
Association dues
$0 · frequency not provided
Annual property tax
$6,586 (2025)
Parking spaces
0
School district
Tacoma
Northwest MLSMLS GRID

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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Enrique Pelayo Jr., designated broker at The Broker Team in Edmonds, WA

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Enrique Pelayo Jr. · English & Spanishenrique@thebroker.team