2418 S I Street, Tacoma, WA 98405

Local realty services provided by:Imagine Realty ERA Powered
Listed by:ryan d meacham
Office:engel & voelkers chambers bay
MLS#:2324216
Source:NWMLS
2418 S I Street,Tacoma, WA 98405
$1,200,000
  • - Beds
  • - Baths
  • 2,658 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$1,200,000
  • Price per sq. ft.:$451.47

About this home

New Construction 6 unit with $7820/mth in rental income (cap rate 6.7), 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!

Contact an agent

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:2025
  • Listing ID #:2324216
  • Updated:September 25, 2025 at 01:43 PM

Rooms and interior

  • Living area:2,658 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:2025
  • Building area:2,658 sq. ft.
  • Lot area:0.07 Acres

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,200,000
  • Price per sq. ft.:$451.47
  • Tax amount:$1,741 (2025)
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 25, 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.

New listings near 2418 S I Street