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  • Listed by: Engel & Völkers Chambers Bay
    Bought with: Keller Williams Seattle Metro
    $1,190,000

    2420 S I Street, Tacoma, WA 98405

    6beds
    6baths
    2,658sqft
    Multi Family
    Built in 2025
    -- sqft lot
    $1,175,900 Zestimate®
    $448/sqft
    $2,617 Estimated rent

    Home value

    $1,175,900

    $1.09M - $1.26M

    $2,617/mo

    Zestimate® history
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    $2,617/mo

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    $7,273/mo

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    What's special

    Ductless mini-split heat pump
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Ryan D Meacham,

    Engel & Völkers Chambers Bay

    Bought with:

    Charles Burnett, 50261

    Keller Williams Seattle Metro

    Source: NWMLS as distributed by MLS GRID,MLS#: 2324210MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    Heating
    • Ductless, Electric
    Cooling
    • Ductless
    Features
    • Flooring: Vinyl Plank
    • Windows: Thermal Windows
    • Has fireplace: No
    Interior area
    • Total structure area: 2,658
    • Total interior livable area: 2,658 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Open
    • Uncovered spaces: 2
    Features
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 3,001 sqft
    • Features: Curbs, Paved, Sidewalk, Cable TV, Fenced-Partially, High Speed Internet
    Details
    • Parcel number: 2024180062
    • Zoning description: Multi-Family,Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Cement Planked, Cement Plank
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Very Good
    • New construction: Yes
    • Year built: 2025
    • Major remodel year: 2025

    Utilities & green energy

    • Electric: Company: Tacoma Power
    • Sewer: Sewer Connected, Company: Tacoma Public Utilities
    • Water: Public, Company: Tacoma Water
    • Utilities for property: Xfinity
    Green energy
    • Energy efficient items: Thermal Windows

    Community & neighborhood

    Location
    • Region: Tacoma
    • Subdivision: Tacoma

    Other

    Other facts
    • Listing terms: Conventional
    • Cumulative days on market: 218 days

    Price history

    DateEventPrice
    8/29/2025Sold$1,190,000-0.8%$448/sqft
    Source: NWMLS as distributed by MLS GRID #2324210 Report a problem
    5/24/2025Pending sale$1,200,000$451/sqft
    Source: NWMLS as distributed by MLS GRID #2324210 Report a problem
    4/16/2025Listed for sale$1,200,000$451/sqft
    Source: NWMLS as distributed by MLS GRID #2324210 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,741 +84.7%$159,300 +89.9%
    2023$942 $83,900

    Find assessor info on the county website

    Neighborhood: Central

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,175,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,175,900