2420 S I Street #12, Tacoma, WA 98405 (MLS # 2364003)
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Listing provided courtesy of Northwest MLS; Engel & Voelkers Chambers Bay
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New Construction 12 unit with $16,840/mth in rental income (cap 7.2), a 12 year tax abatement at 'land only' taxes, and a proven low-maintenance interior & site design. Income is maximized AND turn-over is simple on these incredibly desirable 1 bdrm/ 1 bath units offering a full-sized kitchen w/ upgraded stainless appls, a good-sized bedroom w/ a large closet space, a living room, and a full-size in-unit washer & dryer. Each unit is designed to share only one floor / ceiling assembly for quieter units, to maximize privacy, and to provide the feel of a stand-alone home. Each unit has a ductless mini-split heat pump for AC & heat. These affordable 1 bdrm units are the fastest renting units in Tacoma! Downtown & light rail friendly location!
| LAST UPDATED | 4/23/2025 | TRACT | New Tacoma |
|---|---|---|---|
| YEAR BUILT | 2025 | COMMUNITY | New Tacoma |
| COUNTY | Pierce | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR CONDITIONING | Yes |
|---|---|
| AREA | 30 - Central Tacoma |
| CONSTRUCTION | Cement Siding |
| HEAT | Ductless , Electric |
| LOT | 5998 sq ft |
| LOT DESCRIPTION | Alley, Curbs, Paved, Sidewalk |
| MLS STATUS | Active |
| STORIES | 2 |
| STYLE | 56 - 10+ Units |
| SUBDIVISION | New Tacoma |
| TAXES | 3482 |
| UTILITIES | Cable Available, Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | City, Mountain(s) |
| WATER | Public |
| ZONING | Multi-Family |
| SATELLITE VIEW |
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Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 4/24/25 10:36 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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