2420 S I Street 12Tacoma, WA 98405
Listing courtesy of Ryan D Meacham of Engel & Voelkers Chambers Bay




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!
2 weeks ago | Listing updated with changes from the MLS® | |
2 weeks ago | Status changed to Active | |
2 weeks ago | Listing first seen on site |
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: 2025-05-09 09:49 AM PDT
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.