2420 S I Street 12, Tacoma, WA 98405

$2,400,000

bedrooms

bathrooms

square feet

Acreage

Open Houses

year built

2025

Full Baths

Half Baths

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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!

Location
Subdivision	New Tacoma
County	Pierce
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 2364003

Listing agent: Ryan D Meacham

Listing broker: Engel & Völkers Chambers Bay (253) 565-1121

Last update: Friday, April 25 2025 at 11:05 p.m. EDT

Kotohomes National