James & Angie Smith

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Listing provided courtesy of Coldwell Banker BainNWMLSas Distributed by MLSGrid- MLS# NWM2525050MLS Provider

1205 130th Street STacoma, WA 98444

Multi-Family · 4 Beds · 2,052 Sq. ft. | 0.29 Acres
$599,950 Active

1205 130th Street S Overview

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Prime multi-family investment opportunity in a high-demand Tacoma rental corridor. This income-producing property at 1205 130th St S offers investors the chance to secure consistent cash flow with strong occupancy potential and future appreciation upside. Featuring well-designed units, practical layouts, and desirable outdoor space, this property is positioned to attract long-term tenants and maximize rental income.Conveniently located near JBLM, major highways, shopping centers, schools, and public transit, the location supports continued tenant demand and stable returns. Ample parking and easy access add to the property’s overall appeal for both tenants and investors alike.Whether you're a seasoned investor looking to expand your portfolio or a buyer seeking a strong-performing asset with value-add potential, this Tacoma multi-family property delivers an excellent combination of cash flow, location, and long-term investment opportunity.

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1205 130th Street 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: 41700
  • Insurance Expense: 1500
  • Net Operating Income: 33273
  • Total Expenses: 8427
  • Total Monthly Income: 3475
  • 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: $6,927.00
  • Tax Year: 2025

General Information

  • Listing Terms: Cash, Conventional, FHA, VA Loan
  • Parcel Number: 9175000171
  • Property Condition: Very Good
  • 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
  • Security Features: Partially Fenced
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 3
  • Parking Uncovered Total: 2

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Dead End Street, Paved
  • Lot Size Acres: 0.287
  • Lot Size Square Feet: 12500
  • Lot Size Units: Square Feet
  • Site Features: Deck, Fenced-Partially
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • View: No
  • 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: 1875
  • Beds Total: 2
  • Baths Total: 2

1205 130th Street 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
Community data courtesy of LiveBy, Inc.

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.

1205 130th Street S Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1205 130th Street 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
Calculations provided by Reliance Network

1205 130th Street S History

Date Event Value Agent
5/15/2026Source: NWMLS Added to Database
May 15, 2026