Property Details
2120 S J Street , Tacoma, WA 98405
Tacoma, WA 98405
$574,999
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About This Home
Rare shovel-ready, fully permitted 20-unit multifamily development site in a strong Tacoma urban corridor, with approved plans included for immediate construction and accelerated delivery. Seller is open to joint venture or partial seller financing, offering flexible options for builders and investors. Approved project includes 20 efficiently designed one-bedroom units (approx. 450 SF each), optimized for cost-effective construction. Approved 12-Year MFTE in place (fees paid), providing significant property tax savings on residential improvements. No known impact fees (buyer to verify). Conveniently located minutes to UW Tacoma and downtown, and two blocks from the Tacoma Link light rail, with proximity to major employers, transit, and urban amenities. Site offers potential views of Mount Rainier and the Tacoma skyline. One of the few remaining fully entitled multifamily development opportunities in the area.
Property Details
Property Information
Property Type
Residential
Subtype
Single Family Residence
Status
Active
County
Pierce
Neighborhood
Hilltop
Listed
Mar 25, 2026
Interior Features
Bedrooms
4
Bathrooms
2.0
Living Area
1,870 sq ft
Basement
Unfinished
Entry Level
Main
Exterior & Lot
Lot Size
0.19 sqft
Year Built
1920
Exterior Materials
Wood
Parking
Driveway, Detached Garage
Sewer
Sewer Connected
Water Source
Public
Lot Features
Alley
Exterior Features
Wood
Location
City
Tacoma
County
Pierce
Coordinates
47.24114, -122.44821
Schools
School District
Tacoma
Additional Information
Tax Year
2025
Annual Taxes
$5,446
Possession
Array
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Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
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