Rockhood
$1,500,000List price
First Look

1420 S J Street · Tacoma, WA 98405

Source: NWMLS · Lee & Associates Commercial RE · Nisha A Tomar #NWM2601068

About this home

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

Basics

Property type
Multi Family
Style
5-9 Units
Stories
3 stories
Condition
Very Good
Year built
2025
Lot size
3,250 sq ft (0.07 acres)
County
Pierce
MLS #
NWM2601068

Interior

Heating
Baseboard
Cooling
Central Air
Flooring
Vinyl Plank

Exterior & lot

Exterior features
Wood Products
Roof
Flat
Foundation
Poured Concrete
Lot features
Paved, Sidewalk
View
Mountains, Territorial
Waterfront
No

Utilities

Sewer
Available
Power
Electric

Community & fees

Subdivision
Tacoma
Property tax
$3,571 (2026)

Transaction

Listing terms
Cash, Conventional
Possession
Closing

More homes nearby

Schools

School district: Tacoma

High
Stadium High School
SchoolDigger 4 stars · Top 28% in WA

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Listing provided courtesy of: Lee & Associates Commercial RE

Listing agent: Nisha A Tomar.

Based on information submitted to the MLS GRID as of —. 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. IDX information 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. Information is deemed reliable but not guaranteed.

Data last updated 2026-11-04.