1420 S J ST, Tacoma, WA 98405
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1420 S J ST, Tacoma, WA 98405
1420 S J ST, Tacoma, WA 98405
1420 S J ST, Tacoma, WA 98405
1420 S J ST, Tacoma, WA 98405
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Listed by:Lee & Associates Commercial RE • Nisha A Tomar • Candice Chevaillier
Tara Jones

Tara Jones

+1(253) 508-3788
Listed by:Lee & Associates Commercial RE • Nisha A Tomar • Candice Chevaillier
$ 1,500,000
Est. payment /mo
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First Look

1420 S J ST Tacoma, WA 98405

6 Beds

6 Baths

3,250 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status First Look

Purchase Type For Sale

Subdivision Tacoma

MLS Listing ID 2601068

Style 55 - 5-9 Units

Bedrooms 6

Year Built 2025

Annual Tax Amount $3,571

Lot Size 3,250 Sqft

Property Sub-Type Multi Family

Property Description

1420 S J Street presents an opportunity to acquire a newly constructed, six-unit multifamily property in Tacoma's Hilltop/New Tacoma area. Designed as two three-story triplex buildings, the property combines the privacy of small-scale multifamily with the efficiency of a professionally operated investment asset. The one-bedroom residences feature modern interiors, quartz countertops, stainless steel appliances, in-unit washer and dryer, air conditioning, and abundant natural light, with select units offering Mt. Rainier and regional views. A key investment advantage is the property's approximately 11 years of remaining tax abatement, reducing property tax burden and enhancing in-place cash flow. Located near St. Joseph Medical Center, Downtown Tacoma and Tacoma Link light rail, the property offers convenient access to major employment, dining, entertainment and regional transportation. Its central location may also provide additional flexibility for furnished or short-term rental strategies. With new construction, limited near-term capital requirements, a walkable urban location and approximately 11 years of remaining tax abatement, 1420 S J Street offers investors a durable, low-maintenance asset with attractive income and operational flexibility.

Location

State WA

County Pierce

Area 29 - Central Tacoma

Interior

Flooring Vinyl Plank

Fireplace false

Exterior

Exterior Feature Wood Products

Amenities Available Fenced-Partially

View Y/N Yes

View Mountains, Territorial

Roof Type Flat

Building

Lot Description Paved, Sidewalk

Sewer Available

New Construction No

Schools

School District Tacoma

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.lee-associates.com/northwest/properties/?propertyId=1710384-sale&address=1420-S-J-St&officeId=2900

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Tara Jones

Tara Jones

Agent

+1(253) 508-3788

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1420 S J ST