Property Details

421 E 46th Street
Tacoma, WA 98404
$229,000
MLS# 2496133 courtesy of NWMLS Listing firm: Windermere Prof Partners

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421 E 46th Street , Tacoma, WA 98404, Tacoma

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421 E 46th Street , Tacoma, WA 98404, Tacoma

1 / 7
0.0
Baths
0.77
Acres

About This Home

Don’t miss this rare chance to secure a prime development opportunity. Incredible properties like this are becoming harder to find and won’t stay on the market for long. Spanning an impressive 33,495 sqft, this versatile parcel is primed for your next residential or investment project. Zoned Urban Residential 1 (UR1), it offers exceptional flexibility allowing up to 6 dwelling units, including 2 ADU's, attached or detached. Even more compelling, recent updates under Home In Tacoma Phase 1 and state legislation open the door to lot flexibility and the potential for separate ownership of individual units. Developers will appreciate the potential to create new lots with a minimum size of just 2,500 sqft, as well as reduced setbacks including a possible 10-foot front setback (East side), maximizing buildable space. With the possibility of a Short Plat subdivision, this site could support up to twelve units, making it a standout investment opportunity. The property’s unique topography adds both value and appeal. Steep slopes to the North and West provide natural privacy, environmental protection benefits, and a beautiful tree canopy setting. Infrastructure is already within reach, with sewer access on the West side, storm systems on E 46th St, and power and water readily available. With flexible access options from the East, thoughtful site planning possibilities, and strong development potential, this property is a rare find.

Property Details

Property Information

Property Type Land
Subtype Land
Status Active
County Pierce
Neighborhood McKinley
Listed Apr 14, 2026

Interior Features

Bathrooms 0.0

Exterior & Lot

Lot Size 0.77 sqft
Sewer Available
Water Source Available
Utilities Electricity Available
Lot Features Alley, Dead End Street, Open Space

Location

City Tacoma
County Pierce
Coordinates 47.21633, -122.42595

Schools

School District Tacoma
Middle School Stewart
High School Lincoln High

Additional Information

Tax Year 2025
Annual Taxes $1,746
Possession Array

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Estimated Monthly Payment
$0

Provided by Beyond Real Estate, LLC

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Listed By
Bethany Jones
Windermere Prof Partners

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