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Provided by NWMLS, listed by Lee & Associates Commercial RE

$1,500,000

1420 S J Street, Tacoma WA, 98405

Price per sqftN/A
Built in2025
Property typeMulti-family

Overview

Active

Updated 31h ago

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.

$9,980/mo

Est. mortgage payment based on a $1,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2601068

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.07 Acres

Other Property Details

Taxes
$3,571
Tax Frequency
Annually
View
Yes
55+/Senior Community
No
Listing Broker: Lee & Associates Commercial RE; Nisha A Tomar; 253-722-9203; [email protected]
MLS provider logo

Provided by NWMLS, Listed by Nisha A Tomar, 253-722-9203 at Lee & Associates Commercial RE

 

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 11/13/2026. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 11/13/2026 at 8:16 AM UTC . 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.

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Data last updated on 11/13/2026 at 8:16 AM UTC 

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