2420 S I Street
Tacoma, WA 98405
- – beds
- – baths
- 2,658 sqft
- 3,000 sqft lot
- $451 per sqft
- 2025 build
New Construction 6 unit with $8420/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 checked:
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Last updated Apr 16, 2025
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MLS# 2324210 —
The Building
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Year Built:2025
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Year Built:2025
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Year Built Source:Public Records
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New Construction:true
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New Construction:Presale
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Estimated Completion Date:2025-06-01
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Structure Type:Multi Family
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Roof:Composition
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Foundation Details:Poured Concrete
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Exterior Features:Cement Planked
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Units In Building Total:6
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# of Units Total:6
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Stories Total:2
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Building Area Total:2658
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Building Area Units:Square Feet
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Calculated SqFt:2658
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SqFt Source:building plans
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Green Energy Efficient:Thermal Windows
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Construction Materials:Cement Plank
Interior
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Flooring:Vinyl Plank
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Fireplace:false
Financial & Terms
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Possession:Closing, Tenant's Rights
Location
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Latitude:47.238127
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Longitude:-122.446034
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Directions:From Downtown Tacoma on Pacific and S 25th St (Brewery District), proceed up 25th to the subject property on your right on I St. 2420 S I St is the Southerly 6 unit of the 2 adjacent projects.
The Property
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Property Type:Residential Income
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Property Subtype:Multi Family
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Property Condition:Very Good
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Parcel Number:2024180062
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Lot Features:Alley, Curbs, Paved, Sidewalk
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Lot Size Units:Square Feet
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Lot Size Acres:0.0689
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Lot Size SqFt:3000
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Lot Size Source:County
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Zoning Description:Multi-Family
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Zoning Jurisdiction:City
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View:Mountain(s), Territorial
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View:true
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Waterfront:false
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Possible Use:Multi-Family
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (253) 565-1121
- Office phone:
- (253) 565-1121
Taxes
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Tax Year:2025
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Tax Annual Amount:1885
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Cooling:true
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Heating:true
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Cooling:Ductless HP-Mini Split
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Heating:Ductless HP-Mini Split
Utilities
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Water Company:Tacoma Water
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Water Source:Public
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Sewer:Sewer Connected
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Sewer Company:Tacoma Public Utilities
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Power Company:Tacoma Power
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Water Sewer Garbage:6000
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Cable Connected:Xfinity
Schools
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High School District:Tacoma
The Community
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Subdivision Name:Tacoma
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Amenities:Energy Package,Thermal Windows
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Senior Community:false
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Association Fee Frequency:Not Applicable
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Association:false
Parking
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Parking Total:2
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Parking Uncovered Spaces:2
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Open Parking:true
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Open Parking Spaces:2
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Carport:false
Listing courtesy of NWMLS / Engel & Voelkers Chambers Bay
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/15/25
Apr 15, 2025
|
Listed / Active | NWMLS | $1,200,000 |
