About 2420 S I Street
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!
Features of 2420 S I Street
| MLS® # | 2324210 |
|---|---|
| List Price | $1,200,000 |
| Sale Price | $1,190,000 |
| Price Per SqFt | $448 |
| Bathrooms | 0.00 |
| Square Footage | 2,658 |
| Acres | 0.07 |
| Year Built | 2025 |
| Type | Income |
| Sub-Type | Multi Family |
| Status | Sold |
Community Information
| Address | 2420 S I Street |
|---|---|
| Area | 30 - Central Tacoma |
| Subdivision | Tacoma |
| City | Tacoma |
| County | Pierce |
| State | WA |
| Zip Code | 98405 |
Amenities
| Parking Spaces | 2 |
|---|---|
| Is Waterfront | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 2 |
Exterior
| Exterior Features | Cement Planked |
|---|---|
| Lot Description | Alley, Curbs, Paved, Sidewalk |
| Foundation | Poured Concrete |
School Information
| District | Tacoma |
|---|
Additional Information
| Days on Market | 54 |
|---|---|
| Cumulative Days on Market | 54 |
| Days on Website | 43 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees Frequency | Not Applicable |