$550,000

4 Beds 4 Baths 2,052 SQFT 0.29 Acres
Type: Multi-Family

1206 Tule Lake Road S
Tacoma, WA 98444

MLS#: 2525044
Presented by: Coldwell Banker Bain and NWMLS

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.


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringVinyl, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories2

General

Building Area Units0 sqft
Cap Rate0
Carport Spaces0
Carport Y/NNo
CityTacoma
CoolingNone
CountyPierce
DirectionsSpanaway Loop Rd - East on Tule Lake Rd S to address.
Electric Expense0
Elementary SchoolBuyer To Verify
Fuel Expense0
Garage Spaces1
HOANo
HOA Fee$0
HeatingForced Air, Wall Furnace
High SchoolBuyer To Verify
High School DistrictFranklin Pierce
Insurance Expense1500
Leasable Area2,052 sqft
Listing TermsCash, Conventional, FHA, VA Loan
Living Area0 sqft
Lot Size Square Feet12,500 sqft
Lot Size UnitsSquare Feet
MLS Area69 - Parkland
Middle/Junior High SchoolBuyer To Verify
NWM_ShowMapLinkY
Net Operating Income33598
New ConstructionNo
Number Of Units Total2
PossessionClosing
Property Style52 - Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksExcellent 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 uni
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameParkland
Tax Annual Amount$6,902
Tax Year2025
Units Below Gradefalse
Units In Building Total2
ViewTerritorial
Water CompanyParkland Light & Water
Water Sewer Garbage0
Year Built1980

Exterior

Building Area Total2,052 sqft
Covered Spaces1
Exterior AmenitiesWood
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesPaved
Lot Size Acres0.287
Parking Uncovered Total4
Total Parking5
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Buyer To Verify High School
Elementary School Buyer To Verify Elementary School
Middle School Buyer To Verify Middle School

  

Similar Properties

$550,000

4 Beds 4 Baths 2,052 SQFT 0.29 Acres
Type: Multi-Family

1206 Tule Lake Road S
Tacoma, WA 98444

MLS#: 2525044