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!
Pending
Listed by:
Ryan D Meacham,
Engel & Voelkers Chambers Bay
$1,200,000
2418 S I Street, Tacoma, WA 98405
6beds
6baths
2,658sqft
Est.:
Multi Family
Built in 2025
-- sqft lot
$-- Zestimate®
$451/sqft
$-- HOA
What's special
Ductless mini-split heat pump
- 129 days
- on Zillow |
- 266 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: August 11, 2025 at 08:32pm
Listed by:
Ryan D Meacham,
Engel & Voelkers Chambers Bay
Source: NWMLS,MLS#: 2324216

Travel times
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: Mountain(s), Territorial
Lot
- Size: 3,001.28 Square Feet
- Features: Curbs, Paved, Sidewalk, Cable TV, Fenced-Partially, High Speed Internet
Details
- Parcel number: 2024180061
- 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: TPU
- Sewer: Sewer Connected, Company: TPU
- Water: Public, Company: TPU
- Utilities for property: Xfinity
Green energy
- Energy efficient items: Thermal Windows
Community & HOA
Community
- Subdivision: Tacoma
Location
- Region: Tacoma
Financial & listing details
- Price per square foot: $451/sqft
- Tax assessed value: $157,300
- Annual tax amount: $1,741
- Date on market: 6/23/2025
- Listing terms: Cash Out,Conventional
- Cumulative days on market: 61 days
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