Property Details
1220 Yakima Avenue S
Tacoma, WA 98405
$475,000
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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
