All homes

$550,000

Reduced $49,950 — was $599,950

1206 Tule Lake Road

Tacoma, WA 98444

Active
Territorial view

Beds

Baths

Sq Ft

Lot

0.29 ac

Year built

1980

Type

Residential Income

Days listed

103

MLS #

2525044

About this home

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.

Exterior features

Wood

Schools

Elementary

Buyer To Verify

Middle

Buyer To Verify

High

Buyer To Verify

Property details

Heating
Forced Air, Wall Furnace
Cooling
None
Flooring
Vinyl, Carpet
View
Territorial
Lot
Paved
Water source
Public
Sewer
Sewer Connected

Costs

Annual taxes
$6,902 (2025)

Estimate your monthly payment

$3,356/mo

Principal & interest
$2,781
Property taxes
$575
Loan amount $440,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Tacoma, WA 98444

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Coldwell Banker Bain— Tyler Vlasak.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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