Property Details
1324 S I Street
Tacoma, WA 98405
$615,000
Pending Inspection
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Property Overview
Own a piece of Tacoma history with this beautiful Foursquare Craftsman! Lovingly restored and remodeled into a cash-flowing Duplex, this is the perfect fit for a seasoned investor, savvy house hacker or someone looking for two separate living spaces. Highlights include gross incomes of $52,380, newer windows, gorgeously updated baths, refinished hardwood floors, ductless heating + A/C & peak a boo views of Mount Rainier. Home sits on a corner, South facing lot, great for natural light all year long. Unit A features single level living, 1 spacious bedroom & access to the unfinished basement for extra storage. Unit B absolutely shines with a brand-new kitchen, dual vanity bathroom, custom hardware, open floor plan, 2 bedrooms, exposed brick chimney & use of the property's 2 car garage. The location cannot be beat; St. Joes, Tacoma General, I-5, restaurants, coffee, night life & the light rail are all within minutes. If you’ve been looking for an updated, vintage craftsman home in the heart of Tacoma, you’ve now officially found it!
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Pending Inspection
County
Pierce
Neighborhood
Hilltop
Listed
Apr 23, 2026
Financial Summary
Cap Rate
7.00%
Net Operating Income
$41,983
Gross Scheduled Income
$52,380
Gross Rent Multiplier
11.70
Total Expenses
$10,397
Building & Use
Building Sq Ft
2,330
Leasable Area
1,852 sqft
Total Units
2
Lot Size
3,250 sqft
Year Built
1905
Exterior & Lot
Lot Size
0.07 sqft
Year Built
1905
Garage
2 spaces
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Alley, Corner Lot, Curbs, Paved, Sidewalk
Exterior Features
Wood, Wood Products
Location
City
Tacoma
County
Pierce
Coordinates
47.24931, -122.44860
Additional Information
Tax Year
2026
Annual Taxes
$5,401
Possession
Array
Based on information submitted to the MLS GRID as of April 29, 2026 4:45 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.
