Property Details
1206 Tule Lake Road S
Tacoma, WA 98444
$599,950
Active
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Property Overview
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.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Pierce
Neighborhood
Parkland
Listed
May 15, 2026
Structure Type
Duplex
Parcel Number
9175000177
Tax & HOA
Annual Property Tax
$6,902 (2025)
Est. Monthly Tax
$575/mo
Financial Summary
Net Operating Income
$33,598
Gross Scheduled Income
$42,000
Total Expenses
$8,402
Building & Use
Building Sq Ft
2,052
Leasable Area
2,052 sqft
Total Units
2
Lot Size
12,502 sqft
Year Built
1980
Exterior & Lot
Lot Size
0.29 sqft
Year Built
1980
Garage
1 spaces
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Paved
Exterior Features
Wood
Community & Access
Directions
Spanaway Loop Rd – East on Tule Lake Rd S to address.
Location
City
Tacoma
County
Pierce
Coordinates
47.13966, -122.45077
Additional Information
Tax Year
2025
Annual Taxes
$6,902
Possession
Array
Based on information submitted to the MLS GRID as of June 1, 2026 11:09 AM. 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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
