$7,066 Closing Credit¹
#2319859, James G Smith, Listing Office: Better Properties Gig Harbor
#2364003·
Listing office: Engel & Voelkers Chambers Bay·
Listing agent: Ryan D Meacham·
Listing office phone: 253-565-1121
$2,400,000 List price
2420 S I St Unit 12 Tacoma, WA 98405
$10,000
Closing credit¹
5,316 sqft
0.1 acres
$451 / sqft
House
Property details
About 2420 S I St Unit 12
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!
Highlights
HeatingZoned, Other
StatusActive
CoolingDuctless
Size5,316 sqft
Lot size0.1377 Acres
Year builtNew Const., 2025
MLS #2364003
ViewCity, Mountain(s)
Summary
- Flooring Type: Vinyl Plank
- View: City, Mountain(s)
- Exterior: Cement Planked
- Heating: Zoned, Other
- Cooling: Ductless
- List Price: $2,400,000
- Price/SqFt: $451
- HOA Amount: $0
- Lot: Curbs, Paved, Sidewalk
- Directions: From Downtown Tacoma on Pacific and S 25th St (Brewery District), proceed up 25th to the subject property on your right on I St. 2418 and 2420 S I St .
- Year Built: 2025
- Stories: 2
- Living Area: 5,316 SqFt
- Lot Size: 0.1377 Acres
- MLS Number: 2364003
- MLS Name: NWMLS
- Office Name: Engel & Voelkers Chambers Bay
- Office Phone: (253) 565-1121
- Listing Agent: Ryan D Meacham
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
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. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved.
DMCA Notice
Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/31/2025, 2:17:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$2,400,000
2420 S I St Unit 12
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
2
McCarver Elementary School
Public District PK-5
0.2 mi
•2111 S J St
3
Stanley Elementary School
Public District PK-5
0.8 mi
•1712 S 17th St
4
Reed Elementary School
Public District PK-5
1.2 mi
•1802 S 36th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,143. Typical income of Tacoma, WA residents is less than $<35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
52%
<35k
27%
35k-100k
18%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
58%
Single, No Kids
20%
Single, with Kids
13%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
5%
12-17 yrs old
32%
18-34 yrs old
37%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
Popeyes
White Castle
What do the neighbors drive?
Honda
Nissan
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Tacoma, WA
Tacoma's transportation infrastructure supports both private and public transit options. The city's public transportation system includes buses that operate on a set schedule, connecting various neighborhoods and key areas. The region is also bike-friendly, with dedicated lanes and trails. Major highways and thoroughfares facilitate commuting and travel to and from the city. While ride-sharing services are available, they complement the existing transportation network, offering additional mobility solutions for residents and visitors.
The city is served by a comprehensive educational system, including a variety of public and private schools, catering to all levels of education. Healthcare is accessible through several hospitals and clinics offering a range of services from primary care to specialized treatments. Tacoma's public library system is extensive, providing residents with educational resources and community programs. Retail and dining options are plentiful, with an emphasis on local businesses that showcase the region's culture and flavors.
Tacoma is celebrated for its vibrant arts scene and waterfront charm. The community prides itself on a rich cultural identity, with numerous galleries, museums, and theaters contributing to the local ambiance. Annual events like the Tacoma Film Festival and the Taste of Tacoma festival reflect the city's love for arts and cuisine, fostering a sense of community among residents.
Tacoma's housing market is diverse, offering a range of options from historic homes to contemporary apartments. Single-family homes are prevalent, with a mix of architectural styles including Craftsman, Victorian, and mid-century modern. The market also includes a selection of condominiums and townhouses, appealing to various preferences and lifestyles. The homeownership rate in Tacoma is robust, with a significant portion of residents owning their homes, while the rest are engaged in the rental market.
About 2420 S I St Unit 12
The listing price of 2420 S I St Unit 12 property is $2,400,000.
The property 2420 S I St Unit 12 is a house located in Tacoma, Washington, 98405.
Active Listing: 2420 S I St Unit 12 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2420 S I St Unit 12 are: McCarver Elementary School (GreatSchools Rating 2/10), Stanley Elementary School (GreatSchools Rating 3/10), Reed Elementary School (GreatSchools Rating 4/10), Bryant Montessori Middle School (GreatSchools Rating 5/10), Jason Lee Middle School (GreatSchools Rating 3/10), Stewart Middle School (GreatSchools Rating 3/10), Tacoma School of the Arts (GreatSchools Rating 4/10), Summit Public School: Olympus (GreatSchools Rating 5/10), Lincoln High School (GreatSchools Rating 3/10).
The property at 2420 S I St Unit 12 has 0 bathroom.
The property 2420 S I St Unit 12 is 5,316 SqFt (source: MLS/tax record).
The year of construction for 2420 S I St Unit 12 is 2025.
This home is located at 2420 S I St Unit 12 in Tacoma, WA and zip code 98405. This 5,316 square foot home, which was built in 2025, sits on a 0.14 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 24, 2025 and is currently priced at $2,400,000.
In April 2025, from all listings sold in Tacoma, WA there were more than 122 sold above asking price, over 71 sold below and more than 79 were sold right at the asked price. The number of listings in Tacoma, WA increased by 12.5% between March and April 2025. In April 2025, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $484,997.
From Rocket Homes Real Estate and based on county public records data.