1012 North I Street

Tacoma, WA 98403

$1,100,000
Price
Beds
2,225 Sq. Ft.
$494 / Sq. Ft.
2,225
Sq. Ft.
$494
per Sq. Ft.

Description

Classic Triplex in the sought-after North Slope Historic District. The ground-floor unit lives like a house with 2 bedrooms, 1 bath, a covered front porch, showcasing plenty of old-world charm. The upper units are updated, multi-story townhome-style, each offering 2 bedrooms, a ¾ bath, balconies, and water views. A shared laundry room adds convenience for tenants. At the rear of the property, a 3-car garage generates additional rental income and could potentially be converted into a DADU/ Fourth...Classic Triplex in the sought-after North Slope Historic District. The ground-floor unit lives like a house with 2 bedrooms, 1 bath, a covered front porch, showcasing plenty of old-world charm. The upper units are updated, multi-story townhome-style, each offering 2 bedrooms, a ¾ bath, balconies, and water views. A shared laundry room adds convenience for tenants. At the rear of the property, a 3-car garage generates additional rental income and could potentially be converted into a DADU/ Fourth Unit for even more revenue. This is an incredibly special property located in one of Tacoma's best neighborhoods. A turn-key investment opportunity, it’s ideal for both investors and owner-occupants looking to house hack.
  1. Listed by Charles Burnett • Keller Williams Seattle Metro

Property Details for 1012 North I Street

Community Name
Tacoma
School District
Tacoma
View
Bay, Sound
Number of Assigned Spaces
4
Total Covered Parking
3
Entry Date
09-04-2024
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected
LISTING UPDATED: 11/13/2024 12:12 PM

Property Details for 1012 North I Street

StatusActive
MLS #2280644
Days on Market74
Cumulative Days on Market74
Taxes$7,630 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1900
Lot Size0.11 AC / 4,875 SF
CountyPierce County

Building Information for 1012 North I Street

Stories4Residences3Year Built1900Building Size-Lot Size0.11 AC / 4,875 SF

Property Information for 1012 North I Street

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Site Features: Deck, Outbuildings
  • Area: 21 - North Tacoma
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • Directions: N I ST
  • Leased Items: Washer/Dryer
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Hardwood, Vinyl
  • Features: Hardwood
  • Amenities: Coin Op Laundry,Fire Sprinklers,Storage
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air, Radiator
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 3600
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • First Right Of Refusal: false
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: No
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1971
  • Photos Count: 30
Lot Information
  • Lot Details: Alley, Curbs, Paved, Sidewalk
  • Lot Size Source: Realist
  • Parcel Number Free Text: 204018004
  • Building Condition: Good
  • Calculated Square Footage: 2225
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2225.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 1
  • Number of Stories in Building: 4
  • Vacancy Rate: 1
  • Number Of Units Total: 3
  • Units Below Grade: false
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 13350
  • Gross Adjusted Income: 61836
  • Gross Rent Multiplier: 15
  • Gross Scheduled Income: $71,748
  • Insurance Expense: $2,120
  • Net Operating Income: $48,606
  • Other Expenses: $0
  • Total Monthly Income: 5153
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2725.0
  • Leasable Area Units: Square Feet

Property History for 1012 North I Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1012 North I Street

Taxable ValueLand$284,500Additions$401,400Total$685,900
Tax Record2024$7,630 ($636 / month)
Home Facts
Total Finished SqFt2,291 SqFtAbove Ground SqFt2,291 SqFtStories2Lot Size4,875 SqFtStyleTriplexYear Built1900Year Renovated1965ZoningHMR-SRDCountyPIERCEAPN2040180040Fireplace TypeHas Fireplace

Schools near 1012 North I Street

This home is within Tacoma School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Lowell Elementary School
PublicK to 5

Hilltop Heritage Middle School
Public6 to 8

Stadium High School
Public9 to 12

Bryant Montessori Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1012 North I Street is a multi-family home for sale in Tacoma, WA 98403. This property was listed for sale on September 4, 2024 by Keller Williams Seattle Metro, it's currently listed at $1,100,000. This listing's school district is Tacoma School District. Nearby schools include Lowell Elementary School, Hilltop Heritage Middle School and Stadium High School. 1012 North I Street is a 0-bed, 0-bath, 2,225 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Seattle Metro

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.