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 SchoolSchoolDigger 4 stars · Top 28% in WA

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.