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!
Listing Provided Courtesy of Ryan D Meacham, Engel & Voelkers Chambers Bay
General Information
NWM2324216
Multi Family
48
DOM
3001.28 SqFt
2658
2025
Multi-F
Pierce
Residential Incom
Multi Family
Listing Provided Courtesy of Ryan D Meacham, Engel & Voelkers Chambers Bay
Krishna Realty data last checked: Sep 22, 2025 18:17 | Listing last modified Aug 12, 2025 03:31,
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Residence Information
2658
Composition
55 - 5-9 Units
2025
Poured Concrete
Energy Package, Therm
Features and Utilities
Cement Planked
Public
Sewer Connected
Financial
1741
Cash Out, Conventional
04-15-2025
Comparable Information
48
48
Cash Out, Conventional
$1,200,000
$1,200,000
Aug 12, 2025 03:31
Schools
Map
Listing courtesy of Engel & Voelkers Chambers Bay.
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!
