222 North I Street

222 North I Street

Tacoma, WA 98403

$1,400,000
Price
5
Beds
7
Baths
3,964 Sq. Ft.
$353 / Sq. Ft.
3,964
Sq. Ft.
$353
per Sq. Ft.

Virtual Tour

Virtual Tour

a car parked in front of a house with a yard
a view of a white house next to a yard
a view of a white house with large windows and plants
a view of a house with a tree in front of it
an empty room with wooden floor a fireplace and windows
a kitchen with a refrigerator and a stove top oven
a kitchen with a stove and a microwave
a utility room with dryer and washer
a bathroom with a bathtub
a kitchen with stainless steel appliances granite countertop a stove a sink and a refrigerator
a bathroom with a sink a toilet and shower
wooden floor in an empty room with a window
a kitchen with white cabinets and black appliances
a view of an empty room with wooden floor and a window
a bathroom with a sink toilet and shower
a kitchen with granite countertop white cabinets and a window
an empty room with wooden floor fireplace and windows
a bathroom with a bathtub
a view of a roof deck
a view of entryway and kitchen
wooden floor in an empty room
a kitchen with sink stove and microwave
an empty room with a window
a bathroom with a bathtub a sink a toilet and shower
a kitchen with stainless steel appliances granite countertop a sink and a wooden floor
an empty room with wooden floor and windows
a view of a kitchen with wooden floor and a kitchen
a bathroom with a shower and toilet
a view of empty room with wooden floor and windows
a kitchen with granite countertop white cabinets and white appliances
a bathroom with a sink toilet a mirror and shower
a view of an empty room with stairs
a view of entryway
Listing provided courtesy of The Joseph Group

Description

Welcome to 222 N I Street Tacoma, a beautifully maintained and updated 7 unit apartment complex in the heart of North Tacoma and one of the west coasts fating growing rental market. A proven track record of high market rents, long term occupancy, and meticulous upkeep makes this property the perfect investment for the seasoned investor or anyone starting their real estate portfolio. A mix of 5 - 1 bed / 1 bath units and 2 - Studio style floor plans. Boost income by installing coin operated laundry...Welcome to 222 N I Street Tacoma, a beautifully maintained and updated 7 unit apartment complex in the heart of North Tacoma and one of the west coasts fating growing rental market. A proven track record of high market rents, long term occupancy, and meticulous upkeep makes this property the perfect investment for the seasoned investor or anyone starting their real estate portfolio. A mix of 5 - 1 bed / 1 bath units and 2 - Studio style floor plans. Boost income by installing coin operated laundry in the basement facilities (currently free). Exceptional location close to downtown, hospitals, public transportation, and everything to love about North Tacoma. Don't miss this rare find and cashflow opportunity.
  1. Listed by Lawton Coursey • The Joseph Group
  2. Listed by Ian P. Joseph • The Joseph Group

Property Details for 222 North I Street

Community Name
North Tacoma
School District
Tacoma
View
City
Number of Assigned Spaces
0
Total Covered Parking
0
Entry Date
05-09-2024
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of The Joseph Group
Add your commute
LISTING UPDATED: 05/20/2024 01:39 PM

Property Details for 222 North I Street

StatusActive
MLS #2235342
Days on Market24
Cumulative Days on Market24
Taxes$12,207 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1904
Lot Size0.07 AC / 3,000 SF
CountyPierce County

Location

Listing Courtesy of The Joseph Group
Add your commute

Virtual Tour

Building Information for 222 North I Street

Stories3Residences7Year Built1904Building Size-Lot Size0.07 AC / 3,000 SF

Payment Calculator

$8,658 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,640

Property Taxes

$1,017

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 222 North I Street

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Fenced-Partially, Gas Available
  • Area: 21 - North Tacoma
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Directions: From I-5 take exit 133 for I-705 N; Turn right onto S Stadium Way; Turn left onto Division Ave; Turn left onto Division Ave, building will be on the left.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • Open Parking: No
Virtual Tour
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Hardwood, Vinyl Plank, Carpet
  • Features: Hardwood, Wall to Wall Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Stucco
  • Roof: Composition
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 7716
  • Power Company: TPU
  • Sewer Company: TPU
  • Water Company: TPU
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • First Right Of Refusal: false
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 34
Lot Information
  • Lot Details: Corner Lot, Curbs, Paved, Sidewalk
  • Lot Size Dimensions: 87 x 38
  • Lot Size Source: PCR
  • Parcel Number Free Text: 203218-001-0
  • Calculated Square Footage: 3964
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3964.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 3
  • Vacancy Rate: 0
  • Number Of Units Total: 7
  • Units Below Grade: true
  • Units In Building Total: 7
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 32622
  • Gross Adjusted Income: 114480
  • Gross Rent Multiplier: 12.23
  • Gross Scheduled Income: $114,480
  • Insurance Expense: $6,000
  • Net Operating Income: $81,858
  • Other Expenses: $6,699
  • Total Monthly Income: 8790
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 600
  • Rent Unit 1: $1,400.00
  • Bedrooms Unit 1: 1
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 500
  • Rent Unit 2: $1,050.00
  • Bedrooms Unit 2: 1
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 620
  • Rent Unit 3: $1,365.00
  • Bedrooms Unit 3: 0
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 620
  • Rent Unit 4: $1,225.00
  • Bedrooms Unit 4: 0
  • Fireplaces Unit 4: 1
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 5
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: false
  • Square Feet Unit 5: 600
  • Rent Unit 5: $1,300.00
  • Bedrooms Unit 5: 1
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 6
  • Washer/Dryer Unit 6: true
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 665
  • Rent Unit 6: $1,350.00
  • Bedrooms Unit 6: 1
  • Fireplaces Unit 6: 0
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 7
  • Washer/Dryer Unit 7: false
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: false
  • Square Feet Unit 7: 665
  • Rent Unit 7: $1,100.00
  • Bedrooms Unit 7: 1
  • Fireplaces Unit 7: 0
  • Bathrooms Unit 7: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3964.0
  • Leasable Area Units: Square Feet

Property History for 222 North I Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 222 North I Street

Taxable ValueLand$180,900Additions$917,100Total$1,098,000
Tax Record2024$12,207 ($1,017 / month)
Home Facts
Total Finished SqFt3,964 SqFtAbove Ground SqFt3,964 SqFtStories3Lot Size3,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1904Year Renovated2016ZoningR4CountyPIERCEAPN2032180010

Schools near 222 North I Street

This home is within Tacoma School District.
Rating
School
Type
Grades
Distance
Lowell
Public - K to 5
Jason Lee
Public - 6 to 8
Stadium
Public - 9 to 12
Tcc Fresh Start
Public - 9 to 12
Rating
School
Distance
Lowell
PublicK to 5

Jason Lee
Public6 to 8

Stadium
Public9 to 12

Tcc Fresh Start
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 222 North I Street, Tacoma, WA 98403

222 North I Street is a multi-family home for sale in Tacoma, WA 98403. This property was listed for sale on May 9, 2024 by The Joseph Group, it's currently listed at $1,400,000. It has been on the market for a total of 24 days and was last sold on August 23, 2016. This listing's school district is Tacoma School District. Nearby schools include Lowell, Jason Lee and Stadium. 222 North I Street is a 5-bed, 7-bath, 3,964 sqft multi-family home built in 1904.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Joseph Group

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.