Listing courtesy of Engel & Voelkers Chambers Bay 253-565-1121
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!
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!
Multifamily
Multi Family
2025
--
--
0.14
Active
37
5,316 Sq. Ft.
--
5,998 Sq. Ft.
Location
- No
- Ductless HP-Mini Split
- Ductless HP-Mini Split
- Vinyl Plank
- Cement Planked
- Composition
- Poured Concrete
- City, Mountain(s)
- Public
- 2024180061
Ryan D Meacham
Engel & Voelkers Chambers Bay
Pierce
NWM2364003
Closing
Listings last updated on 05/31/2025 11:12 AM.
The listings presented here may or may not be listed by Realoq. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing.
Provided by Home Junction
Nearby homes for sale
The "three tree" icon indicates listings provided by Northwest Multiple Listing Service.
The listings presented here may or may not be listed by Realoq. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing.
Listings are Copyright © 2025 Northwest Multiple Listing Service. All Rights Reserved.
MLS Search Powered by Home Junction.