$445,000
1220 Ya••••• Ave (Sign up for 50 free credits to unlock)Tacoma, WA 98405
Property Description
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 Facts & Features
- Property Type
- Multi Family
- Status
- Active
- Listed
- Aug 23, 2026
- Price per Sq Ft
- $262/sqft
- ZIP Code
- 98405
- Garage
- 2 spaces
- Parking
- 2
- Heating
- Baseboard
- Construction
- Wood Products, Wood Products
- Property Tax (2026)
- $5,506/yr
- Assessed Value
- $505,200
- Last Sold
- $457,000 · May 18, 2020
- Neighborhood
- Downtown Tacoma
- County
- Pierce
- School District
- Tacoma School District
Estimated Value
Automated estimate. Not an appraisal.
Features & Amenities
Bedrooms
- Bedrooms: 4
Land Info
- Lot Size Acres: 0.0746
- Lot Size Square Feet: 3250
Utilities
- Electric Expense: 100
- Power Production Type: Electric
- Sewer: Sewer Connected
- Water Source: Public
Rental Info
- Gross Scheduled Income: 100
- Leasable Area: 1678
Home Features
- Security Features: Partially Fenced
Commercial Info
- Net Operating Income: 100
- Operating Expense: 6006
Multi-Unit Info
- Bedrooms in Unit-1: 2
- Bedrooms in Unit-2: 2
- Total Bathrooms in Unit-1: 1
- Total Bathrooms in Unit-2: 1
- Unit-1 Square Feet: 672
- Unit-2 Square Feet: 1000
Interior Features
- Flooring: Laminate Hardwood
Garage and Parking
- Covered Spaces: 2
- Garage Spaces: 2
- Open Parking: No
- Parking Total: 2
- Garage Sqft: 504
School Information
- Elementary School: Travis
- High School: Stadium
- High School District: Tacoma
- Middle School: Hilltop Heritage Middle
- School District: Tacoma
Heating and Cooling
- Fuel Expense: 100
- Heating Features: Baseboard
- Heating Fuel: Electric
- Heating: Yes
- Number of Fireplaces: 0
Other Property Info
- Annual Tax Amount: 5506
- Source Listing Status: Active
- County: Pierce
- Cap Rate: 7
- Directions: I-705 N, Exit left for I-705 S keep left for S 15th St, Pacific Ave Continue on S 15th turn right on Yakima Ave destination is on your left.
- Tax Year: 2024
- Other Expense: 100
- Insurance Expense: 100
- Area: 29 - Central Tacoma
- List Development Name: Hilltop
- Source Neighborhood: Hilltop
- Parcel Number: 2012160070
- Subdivision: Hilltop
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Building and Construction
- Year Built: 1910
- Building Area Total: 1699
- Building Area Units: Square Feet
- Construction Materials: Wood Products, Wood Products
- Property Age: 116
- Roof: Composition
- Building Total Stories: 2
- Structure Type: Duplex
- House Style: Duplex
- Elevation Units: Feet
- Year Built Effective: 2000
Exterior and Lot Features
- Fenced-Partially
- Outdoor Fireplace
Location
Lat 47.25065 · Lng -122.44739