**500 Sq. Ft. | 718 S Yakima Ave – Unit 2 | Tacoma, WA**
Welcome home to this bright and efficiently designed 500 sq. ft. one-bedroom, one-bath apartment. This thoughtfully laid-out unit offers an open living area, abundant natural light, and durable flooring throughout for easy maintenance.
The home features a bedroom with generous closet space, a full bathroom, and a functional kitchen equipped with a refrigerator, gas range, and ample cabinet storage. Neutral paint colors and large windows create a warm, inviting atmosphere that's easy to make your own.
Location Highlights
* Minutes from Downtown Tacoma
* Close to Tacoma General Hospital and St. Joseph Medical Center
* Easy access to Interstate 5 and Highway 16
* Near restaurants, coffee shops, grocery stores, shopping, and parks
* Convenient access to public transportation
Rental Terms
Rent: $1,395/month base
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: $1,395
Refundable Security Deposit: $900
Non-Refundable Move-In Fee: $495
WSG Utilities: $150
Estimated Total Move-In Costs:$2,940 (1,395 first months rent, 900 security deposit, 495 admin fee + 150 WSG utilities)
*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.