718 S Yakima Ave, Tacoma, WA 98405

Welcome home to this **beautifully updated 395 sq. ft. studio apartment** located just minutes from Downtown Tacoma. This bright upstairs unit combines modern... updates with classic charm, featuring abundant natural light, updated finishes, and a functional open layout.

Recent Updates Include:

* Brand new luxury vinyl plank flooring throughout
* Fresh interior paint
* New interior and closet doors
* New kitchen faucet
* Modern fixtures and updated finishes
* Professionally cleaned and move-in ready


Location Highlights

* Minutes from Downtown Tacoma
* Close to Tacoma General Hospital and St. Joseph Medical Center
* Easy access to I-5 and Highway 16
* Near restaurants, coffee shops, grocery stores, and shopping
* Convenient access to public transportation


Property Features

Living Area
* Bright open-concept layout
* Large bay windows providing abundant natural light
* Neutral paint colors with crisp white trim
* Beautiful exposed brick accent wall
* Luxury vinyl plank flooring throughout

Kitchen
* Refrigerator included
* Gas range/oven
* Updated kitchen faucet
* Double-basin stainless steel sink
* Ample cabinet storage
* Spacious countertop workspace

Bathroom
* Walk-in shower
* Updated vanity and fixtures
* Luxury vinyl plank flooring
* Modern lighting
* Linen shelving for additional storage

Additional Features
* Spacious entry closet
* Cadet electric wall heating
* Shared on-site laundry room
* Shared secured building entrance
* Upstairs unit
* Street parking available


Rental Terms

Rent: $1,250/month
Lease Term: 12 Months
Utilities: $150/month (Water, Sewer & Garbage)
Tenant pays electricity
Maximum Occupancy: 2 residents
Renter's insurance required


Pet Policy

Pets are welcome with approval.

* $35/month pet rent per pet
* $450 non-refundable pet fee
* Breed and weight restrictions apply


Application Requirements

Each applicant (18 years or older) must submit:

* Online application
* Government-issued photo ID
* Proof of income
* Proof of positive rental history or homeownership

Applications should be completed within 48 hours.


Approval Criteria

Income
-Household income should equal at least **3 times the monthly rent**
-All verifiable income sources are considered, including housing vouchers and assistance programs
-Income verification may include:
* Recent pay stubs
* Bank statements showing payroll deposits
* Employer verification
* Other acceptable income documentation

Rental History
-Applicants should have:
* No more than **three late rental payments** within the previous 12 months
* No prior evictions
* No outstanding balances owed to former landlords
* No broken leases
* No significant lease compliance violations

Credit & Criminal Screening
* Preferred credit score of **680 or higher**
* Lower scores may be considered with compensating factors
* Criminal history is evaluated individually in accordance with applicable Fair Housing laws
* Qualified co-signers are accepted


Move-In Costs
First Month's Rent: $1,250
Refundable Security Deposit: $800
Non-Refundable Move-In Fee: $450
WSG Utilities: $150

Estimated Total Move-In Costs:$2,650

*Prorated rent and utilities may apply depending on the move-in date.*


Additional Information
* Smoking is prohibited inside the unit and anywhere on the property.
* Approved applicants must take possession within *21 days* of application approval.
* Application Fee: $62 per applicant (18+).


Fair Housing
Fairway Buyers Property Management complies with all applicable Federal, State, and Local Fair Housing laws and is committed to providing equal housing opportunities to all applicants. Read More