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Aprile Osborne

aprileosbornebroker@chime.me

Listed by Engel & Voelkers Chambers Bay

$ 2,400,000

Est. payment -/mo

Save

New

2420 S I ST #12 Tacoma, WA 98405

2 Beds

2 Baths

5,316 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,316 sqft

Price per Sqft $451

Subdivision New Tacoma

MLS Listing ID 2364003

Style 56 - 10+ Units

Bedrooms 2

Construction Status Presale

Year Built 2025

Annual Tax Amount $3,482

Lot Size 6,000 Sqft

Property Sub-Type Multi Family

Property Description

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

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 City, Mountain(s)

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

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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