1206 Tule Lake Road S, Tacoma, WA 98444

$599,950
2,052
SqFt

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Listing courtesy of Coldwell Banker Bain.

List Price
$599,950
Status
ACTIVE
MLS#
2525044
Days on Market
72
Style
52 - Duplex
Finished SqFt
2,052
Area Total SqFt
2052
Annual Tax Ammount
6902
Lot Size (sq ft)
12,500
Sewer
Sewer Connected

Property Description

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.

Additional Information

List Date
2026-05-15 22:51:17
Community
Parkland
Net Operating Income
$33,598
Gross Scheduled Income
$42,000
Total Monthly Income
$3,500
Insurance Expenses
$1,500
Total Expenses
$8,402
Total Number of Units
2
Unit Name
1206
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1980
View
Territorial
Roof
Composition
Energy Source
Electric
School District
Franklin Pierce
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$3,500
Gross Scheduled Income
$42,000
Tax Year
2025
Insurance Expense
$1,500
Total Expenses
$8,402
Net Operating Income
$33,598
Based on information submitted to the MLS GRID as of . 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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