Property Details

1220 Yakima Avenue S
Tacoma, WA 98405
$475,000
MLS# 2517102 courtesy of NWMLS Listing firm: 5 Star Property Management

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1220 Yakima Avenue S, Tacoma, WA 98405, Tacoma

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1220 Yakima Avenue S, Tacoma, WA 98405, Tacoma

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Multi-Family
Property Type
1,699
Bldg Sq Ft
1
Units
1.00%
Cap Rate
1910
Year Built

Property Overview

Located in Tacoma’s Yakima neighborhood, this 4BD/2BA Victorian duplex presents a full rehabilitation opportunity for investors, builders, or buyers looking to create value from the ground up. The structure is currently in derelict condition and will require extensive repairs and updates throughout. The home shows significant deferred maintenance, with visible wear to the exterior siding, roofing, and windows. Inside, the property will need a complete overhaul, including flooring, walls, fixtures, and major systems such as electrical, plumbing, and HVAC. The condition suggests this is best suited for a cash purchase or renovation financing. Situated with access to local amenities, commuter routes, and Tacoma services, the location remains a strong point for future upside after renovation. This is a true fixer-upper being sold as-is, ideal for those ready to take on a substantial project and unlock the property’s potential.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Pierce
Neighborhood Hilltop
Listed May 1, 2026

Financial Summary

Cap Rate 1.00%
Gross Scheduled Income $2
Gross Rent Multiplier 1.00
Total Expenses $5,511

Building & Use

Building Sq Ft 1,699
Leasable Area 1,699 sqft
Total Units 1
Lot Size 74 sqft
Year Built 1910

Exterior & Lot

Lot Size 0.00 sqft
Year Built 1910
Garage 2 spaces
Exterior Materials Metal/Vinyl
Sewer Available
Lot Features Alley, Curbs, Paved, Sidewalk
Exterior Features Metal/Vinyl

Location

City Tacoma
County Pierce
Coordinates 47.25063, -122.44744

Additional Information

Tax Year 2026
Annual Taxes $5,506
Possession Array
Listed By
Delores Cante
5 Star Property Management

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