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$997,000
2536502 MLS ACTIVE Status
Prime Tacoma UR-3 Transit-Oriented Development Opportunity. Rare opportunity to acquire 2 contiguous parcels totaling approximately 21,000 sq ft in Tacoma’s desirable UR-3 Transit-Oriented Development (TOD) zone. Ideally positioned along a major transit and commercial corridor, this site offers exceptional redevelopment potential w/preliminary density estimates of approximately 28 base units & the possibility of up to 72 units through bonus density programs, subject to City approval, site feasibility, MFTE eligibility, parking, stormwater, fire access & other development standards. The property consists of 2 tax lots (15,000 sq ft & 6,000 sq ft) & may be suitable for apartments, condos, townhomes, mixed-use projects, multiplexes & other residential uses allowed under current zoning. Located adjacent to public transit & across from commercial services, restaurants, shopping & daily conveniences, the site offers a highly walkable lifestyle. Future residents may enjoy easy access to transportation, employment centers, retail & dining without relying heavily on personal vehicles. A single-family residence occupies the rear portion of the property & may be remodeled or removed depending on the buyer’s intended use. Value is primarily in the land & its significant development potential. Property addresses: 1219 E 72nd St & 1229 E 72nd St, Tacoma. Outstanding opportunity for developers & investors seeking strong density potential in a growing transit-served location.

1219 &1229 E 72nd, Tacoma

Listing courtesy of RE/MAX Equity Group.

$2,495,000
2525374 MLS ACTIVE Status
PRIME MULTI-FAMILY WORKFORCE DEVELOPMENT SITE. 12 YEAR exemption from the statewide rental cap. Outside the Tacoma Landlord Fairness Code area. 98 units ready for permitting. Zero market rate units under construction in this market. Development opportunity in Tacoma's South End comprising two parcels totaling 173,922 SF (±3.99 acres) with approximately 126,023 SF (±2.89 acres) of net developable area. The eastern portion along the Clover Creek corridor is preserved as a natural tree conservation buffer. Zoned NCOR , the site supports multi-family residential construction up to 45 feet in height. A 25% parking reduction has been secured through Transit-Proximity and Affordable Housing incentives, bringing the requirement down from 147 to 111 stalls and meaningfully improving project economics. The approved plan accommodates two multi-story buildings of up to four floors, served by a single driveway access off A Street, surface parking throughout, and an on-site stormwater infiltration system. Building B includes a ground-floor leasing office, mail room, and elevator; Building A includes an elevator niche in the south wing. All major utilities are accessible at the site via Parkland Light & Water (water and power), Pierce County (sewer), Puget Sound Energy (gas), and CenturyLink/Comcast (telecom and cable). The site falls within the Franklin Pierce School District #402 and is served by Central Pierce Fire & Rescue. buyer to verify all information to their satisfaction.

13617 A Street S, Tacoma

Listing courtesy of Parkside Realty, LLC.

$399,000
2517893 MLS ACTIVE Status
Prime development opportunity in Tacoma's rapidly evolving Hilltop Business District. The site is conveniently located 500ft from the new Hilltop Light Rail Station and near the expanding downtown Tacoma core. This offering includes two adjacent parcels totaling 0.229 acres zoned NCX (Neighborhood Commercial Mixed-Use) providing flexible options for residential, multifamily, or mixed-use development, subject to City of Tacoma approval. NCX zoning supports urban infill development and encourages a wide range of housing types, making this an ideal site for builders and developers seeking density in a high-demand urban corridor. Example development concepts for the site could include a 4-6 unit townhome project with modern stacked or rowhouse-style units, a small to midsize 10-20 unit apartment building with studio and 1-2 bedroom layouts, a live-work style building with potential ground-floor commercial or creative space and residential units above, or a boutique missing-middle multifamily project such as courtyard-style flats or walk-up apartments. The property is located within an active transit development corridor with multiple large-scale projects underway in the area. The New Bates Technical College Downtown campus as well as the new State of the Art Mary Bridge Children's Hospital are only a couple of the new additions to the neighborhood. These new additions provide strong rental demand from students, staff, and the surrounding workforce population.

1119 S J Street, Tacoma

Listing courtesy of PNW Realty.

$229,000
2496133 MLS ACTIVE Status
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.

421 E 46th Street, Tacoma

Listing courtesy of Windermere Prof Partners.

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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.
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