707 S I Street, Tacoma, WA 98405
Local realty services provided by:CENTURY 21 Tri-Cities
Listed by: brian richardson, dan swanson
Office: kidder mathews
MLS#:2449032
Source:NWMLS
707 S I Street,Tacoma, WA 98405
$1,599,000
- - Beds
- - Baths
- 5,640 sq. ft.
- Multi-family
- Active
Price summary
- Price:$1,599,000
- Price per sq. ft.:$283.51
About this home
Victorian Manor is a fully renovated from the studs out, multifamily asset ideally positioned in Tacoma’s rapidly expanding urban core, just two blocks from the brand-new T-Line Light Rail and minutes from downtown. Victorian Manor is a rare turnkey opportunity priced at $133K per door, has upside in rents, in a walkable, and transit-connected neighborhood that is poised for appreciation. Victorian Manor is currently a 6.07 cap rate on in-place income and expenses and has the potential for 10%+ income growth via utility bill-back and modest rent adjustments. With Tacoma’s steady rent growth, healthcare expansion, and regional infrastructure investments this property offers both immediate yield and long-term upside.
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Home facts
- Year built:1954
- Listing ID #:2449032
- Updated:May 03, 2026 at 10:58 AM
Rooms and interior
- Flooring:Carpet, Laminate
- Living area:5,640 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1954
- Building area:5,640 sq. ft.
- Lot area:0.15 Acres
- Lot Features:Alley, Curbed Lot, Paved, Sidewalk
- Construction Materials:Cement Planked
- Exterior Features:Deck, Fenced-Fully
Utilities
- Sewer:Sewer Connected
Finances and disclosures
- Price:$1,599,000
- Price per sq. ft.:$283.51
- Tax amount:$14,786 (2026)
Features and amenities
- Amenities:Cable TV, Gated Entry, High Speed Internet
Parking
- Parking description:Uncovered Space(s) : 8
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