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1017 S I StreetTacoma, WA 98405Price: $499,900

  • Price: $499,900
  • Est. Mortgage of $/month
  • 1 Day on Market
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Federal 30-year interest rate: 7.4% last updated on Oct 15, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $499,900List Price
  • 0.03Acreage
  • 1,596Square Feet
Listed by Drew Staudt of Windermere Prof Partners
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405
1017 S I Street Tacoma WA 98405

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Updated Tacoma duplex in a prime location within walking distance of light rail and close to downtown amenities. The up-down configuration features 2-bedroom, 1-bath units, each with a living area, kitchen, and its own laundry. There are no shared interior spaces, and electricity and water are separately metered. A comprehensive remodel from the studs out in 2016 included a new roof, windows, plumbing, electrical systems, and much more. The lower unit rents for $1,600 per month to a reliable, long-term tenant, while the recently vacated upper unit offers flexibility to move in, lease long term, or explore short-term rental use. The upper unit previously operated as a successful Airbnb benefiting from its proximity to downtown Tacoma. The projected 6.38% cap rate assumes an upper-unit rent of $1,600 per month - matching the rate of the lower unit and below current market rent - leaving additional income potential beyond the stated projection. Overall, this is an excellent investment opportunity with a proven rental track record and the added flexibility of owner occupancy.

Property Details of 1017 S I Street

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Listing data courtesy of NWMLS as provided by MLS Grid as of October 16, 2026 12:01 PM EDT . All data is obtained from various sources and has not been, and will not be, verified by broker or NWMLS. All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. Supplied Open House Information is subject to change without notice. Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Listing data shown with the three tree icon are provided courtesy of NWMLS. Some IDX listings have been excluded from this website. 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.  The data is deemed reliable but is not guaranteed.

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