Listing provided courtesy of Coldwell Banker BainNWMLSas Distributed by MLSGrid- MLS# NWM2525044
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Request Info1206 Tule Lake Road STacoma, WA 98444
Multi-Family · 4 Beds · 2,052 Sq. ft. | 0.29 Acres$599,950
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1206 Tule Lake Road S Overview
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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.
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1206 Tule Lake Road S Facts & Features
- Type Multi-Family
- Sq. ft. 2,052
- Price/Sq.ft. $292
- Lot 0.29 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Franklin Pierce
- Elementary School: Buyer To Verify
- Middle Or Junior School: Buyer To Verify
- High School: Buyer To Verify
Income/Expenses
- Other Expense: 0
- Electric Expense: 0
- Fuel Expense: 0
- Gross Scheduled Income: 42000
- Insurance Expense: 1500
- Net Operating Income: 33598
- Total Expenses: 8402
- Total Monthly Income: 3500
- Water/Sewer/Garbage: 0
Building Information
- New Construction: No
- Year Built: 1980
Location/Region
- Country: US
- County Or Parish: Pierce
- MLS Area Major: 69 - Parkland
- Subdivision Name: Parkland
Tax Information
- Tax Annual Amount: $6,902.00
- Tax Year: 2025
General Information
- Listing Terms: Cash, Conventional, FHA, VA Loan
- Parcel Number: 9175000177
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Parking Information
- Garage Spaces: 1
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 2052
- Building Area Units: Square Feet
- Calculated Square Footage: 2052
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Vinyl, Carpet
- Foundation Details: Poured Concrete
- Heating: Yes
- Leasable Area: 2052
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Stories Total: 2
Exterior
Parking Information
- Open Parking: No
- Parking Total: 5
- Parking Uncovered Total: 4
Lot Information
- Irrigation Water Rights: No
- Lot Features: Paved
- Lot Size Acres: 0.287
- Lot Size Square Feet: 12500
- Lot Size Units: Square Feet
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Roof: Composition
- Structure Type: Duplex
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 1
- Exterior Features: Wood
- Number Of Units Total: 2
- Sewer: Sewer Connected
Unit Information
Unit 1 Details
- Actual Rent: 1600
- Beds Total: 2
- Baths Total: 2
Unit 2 Details
- Actual Rent: 1900
- Beds Total: 2
- Baths Total: 2
1206 Tule Lake Road S Neighborhood
Community
98444 (Tacoma) Demographics
34
Median Age
5,260
Population Density (per sq. mile)
26%
College Educated
$52,589
Estimated Median Income
5,528
Estimated Total Home Owners
7,483
Estimated Total Renters
42% / 58%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1206 Tule Lake Road S Monthly Cost
1206 Tule Lake Road S Market Data
Based on the last 30 days in this zip code
$484,931
Average List Price
$319
Average Price per Square Foot
21
Properties Sold
67
Average Days on Market
103
Properties for Sale
1206 Tule Lake Road S History
| Date | Value | Agent |
|---|---|---|
| 5/15/2026Source: NWMLS | May 15, 2026 |