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$2,400,000
20 Days On Site
2420 S I Street 12Tacoma, WA98405
For Sale|Residential Income|Active
0
Beds
0
Full Baths
0
Partial Baths
5,316
SqFt
$451
/SqFt
2025
Built
Cumulative Days On Market:
19
Subdivision:
New Tacoma
County:
Pierce
Courtesy of NWMLS
Listing courtesy of Ryan D Meacham of Engel & Voelkers Chambers Bay
Listing courtesy of Ryan D Meacham of 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!
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Listing Snapshot
Price
$2,400,000
Days On Site
20 Days
Bedrooms
N/A
Inside Area (SqFt)
5,316 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1377 Acres
Year Built
2025
MLS® Number
2364003
Status
Active
Property Tax
$3,482
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
3 weeks ago | Listing updated with changes from the MLS® | |
3 weeks ago | Status changed to Active | |
3 weeks ago | Listing first seen on site |
General Features
Acres
0.1377
Additional Property Use
Multi-Family
Number Of Stories
2
Parking Spaces
4
Property Condition
New Construction
SqFt Total
5316
Utilities
Cable AvailableSewer Connected
Water Source
Public
Zoning
Multi-Family
Interior Features
Cooling
Flooring
Vinyl
Heating
ElectricDuctless
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Exterior Features
Construction Details
Cement Siding
Lot Features
Paved
Roof
Composition
View
CityMountain(s)
Waterview
CityMountain(s)
Community Features
Financing Terms Available
Conventional
MLS Area
30 - Central Tacoma
School District
Tacoma
Schools
School District
Tacoma
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Courtesy of NWMLS
Listing courtesy of Ryan D Meacham of Engel & Voelkers Chambers Bay

Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the broker or MLS Grid. 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.
Last checked: 2025-05-13 04:27 PM PDT
Listing courtesy of Ryan D Meacham of Engel & Voelkers Chambers Bay

Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the broker or MLS Grid. 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.
Last checked: 2025-05-13 04:27 PM PDT
Neighborhood & Commute
Source: Walkscore
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