1420 S J Street, Tacoma, WA 98405 (MLS # 2601068)
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Listing provided courtesy of Northwest MLS<BR>Listing Broker: Lee & Associates Commercial RE; Nisha A Tomar; 206-773-2696; [email protected]
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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.
| LAST UPDATED | 11/4/2026 | TRACT | Tacoma |
|---|---|---|---|
| YEAR BUILT | 2025 | COMMUNITY | Tacoma |
| COUNTY | Pierce | STATUS | First Look |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 29 - Central Tacoma |
| HEAT | Baseboard, Electric |
| LOT | 3250 sq ft |
| LOT DESCRIPTION | Paved, Sidewalk |
| MLS STATUS | First Look |
| STORIES | 3 |
| STYLE | 55 - 5-9 Units |
| SUBDIVISION | Tacoma |
| TAXES | 3571 |
| UTILITIES | Sewer Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s), Territorial |
| ZONING | Multi-Family |
TOTAL MONTHLY PAYMENT
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Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 11/6/26 12:11 AM PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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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