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6-Unit Multifamily Property

1420 S J St, Tacoma, WA 98405

For Sale
New
$1,500,000

Residences include quartz countertops, stainless steel appliances, in-unit laundry, and air conditioning.

Property SizeContact for details
Days on Market5

Property Features for 1420 S J St

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Neighborhood Central
Public Transit Yes

Units

Unit Mix 6 x 1BR
Multifamily Units 6

Amenities

in-unit washer and dryer
air conditioning

Building Details

Year Built 2025
Buildings 2
Stories 3
Listing Agency: Compass
Listed By: Chris Murphy · License WA #111144
Source: Pugetsoundrealestate
Added: Nov 6 Changed: Nov 7 Last Checked: Nov 10 at 8:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

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Investment Insights

Based on property information with market context.

Built in 2025, the property comprises two three-story buildings with three one-bedroom residences apiece. Interiors include quartz countertops, stainless steel appliances, in-unit washers and dryers, air conditioning, and abundant natural light. Some apartments have views of Mount Rainier and the surrounding region. Approximately 11 years remain on the property’s tax abatement.

The property is in Tacoma’s Hilltop/New Tacoma area, near St. Joseph Medical Center, Downtown Tacoma, and Tacoma Link light rail. Its urban setting places dining, entertainment, employment centers, and regional transportation within reach.

Key Highlights

  • Six one‑bedroom residences across two three‑story triplex buildings
  • Built in 2025
  • Approximately 11 years of tax abatement remaining

Property Analytics

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Open Analytics

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

3,789
Businesses Nearby

Demographics for 98405, WA

24,617
Population
11,645
Households
2.1
Avg Household Size
37
Median Age
31%
College-Educated
94%
High-School Grad
4.1 sq mi
ZIP Area
6,004
Density / Sq Mi
$80,024
Median Household Income
$51,028
Median Earnings
$1,480
Median Rent
$443,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Multifamily properties in Tacoma, WA

$297 Jul
$296 Aug
$282 Sep
$288 Oct

Properties on Market for Multifamily properties in Tacoma

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Residences include quartz countertops, stainless steel appliances, in-unit laundry, and air conditioning.
Where is this multifamily property located?
The property is located at 1420 S J St Tacoma, WA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Six one‑bedroom residences across two three‑story triplex buildings; Built in 2025; Approximately 11 years of tax abatement remaining
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