$899,999
For Sale

2120 S J STREET

Tacoma, WA 98405
Listing OfficeBerkshire Hathaway HS NW
Browse 5 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Permit-ready multifamily development site available in Tacoma, just up the street from UW Tacoma and only a 4-minute drive to downtown. The light rail is just two blocks away, offering excellent transit access. The project is fully permitted for 20 one-bedroom apartments averaging 450 square feet each and is qualified for the 12-year Multifamily Tax Exemption (MFTE), providing significant long-term property tax savings. The site offers excellent views of Mount Rainier and the Tacoma skyline, making it a rare opportunity to build immediately in a prime location near major employers, transit, and amenities in a growing urban market.

  • Property Details
      • Utility FeaturesElectricity Connected, Natural Gas Available
      • Style40 - Res-Less thn 1 Ac
      • Date ListedMay 02, 2025
      • Sewer InformationOn Property
      • Structure TypeUnspecified
      • Utility SourceAvailable
      • Property TypePurchase
      • Original List Price$899,999
      • SubdivisionHilltop
      • MLS #2369857
      • MLS #2369857
      • Acres0.1865
      • School DistrictTacoma
      • CountyPierce
      • Cost899999
      • Property SubtypeLand
      • Days on Market (Cumulative)1

Location

Ryker YoungReal Estate Group
OR

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Interest Rate

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