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2420 S I ST Tacoma, WA 98405
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Key Details
Sold Price $1,190,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,658 sqft
Price per Sqft $447
Subdivision Tacoma
MLS Listing ID 2324210
Sold Date 08/29/25
Style 55 - 5-9 Units
Bedrooms 6
Construction Status Presale
Year Built 2025
Annual Tax Amount $1,741
Lot Size 3,000 Sqft
Property Sub-Type Multi Family
Property Description
New Construction 6 unit with $8270/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
State WA
County Pierce
Area 30 - Central Tacoma
Interior
Flooring Vinyl Plank
Fireplace false
Exterior
Exterior Feature Cement Planked
Amenities Available Cable TV, Fenced-Partially, High Speed Internet
View Y/N Yes
View Mountain(s), Territorial
Roof Type Composition
Building
Lot Description Alley, Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction Yes
Construction Status Presale
Schools
School District Tacoma
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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