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Listing Firm: Engel & Voelkers Chambers Bay: Ryan D Meacham

Active
NWMLS # 2324216
  • - Beds
  • - Baths
  • 2658 Sq.ft.

2418 S I Street , Tacoma, WA 98405

Listings with the three tree icon are courtesy of NWMLS

About This Property

New Construction 6 unit with $8120/mth in rental income (cap rate 7.0), 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!

Aris360 Last Checked: 15 Minutes Ago (Jul 16, 2025 09:39 PM)

  • Source: NWMLS as Distributed by MLS Grid #2324216

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: I
  • Zip/Postal Code: 98405
  • City: Tacoma

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$3,847 per month
Principal & Interest
Home Insurance
Property Taxes

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Property Features

  • County
    • Tacoma
  • Community
    • 30 - Central Tacoma
  • MLS Area
    • 30 - Central Tacoma
  • Longitude
    • -122.446049
  • Latitude
    • 47.238195
  • 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.

  • Floors
    • Vinyl Plank
  • Power Production Type
    • Electric

  • Stories
    • 2
  • Style
    • 55 - 5-9 Units
  • Is New Construction
    • Yes
  • Parking Spaces
    • 2
  • Lot Description
    • Alley,
    • Curbs,
    • Paved,
    • Sidewalk,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Cement Planked
  • Site Description
    • Cable TV,Fenced-Partially,High Speed Internet
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Condition
    • Very Good,
  • Water
    • TPU
  • Building Total Area (Sq. Ft.)
    • 3000
  • Has View
    • Yes
  • Energy Features
    • Thermal Windows,
  • View Description
    • Mountain(s),
    • Territorial,

  • High School District
    • Tacoma

  • Possession
    • Closing,
    • Tenant's Rights,
    • Subject to Tenant Rights,
  • Property Type
    • Residential Income
  • Association Fee Frequency
    • Not Applicable
  • Property SubType
    • Multi Family
  • Tax Year
    • 2025
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $1741
  • Year Built
    • 2025
  • Effective Year Built
    • 2025
  • Status
    • Active

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Disclaimer: Based on information submitted to the MLS GRID as of Wed Jul 16 2025 . All data is obtained from various sources and may not have been verified by 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.

Jul 16, 2025 09:39 PM