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.
Active
Listed by:
Tim Bower,
Berkshire Hathaway HS NW
$899,999
2120 S J Street, Tacoma, WA 98405
--beds
--baths
8,123.94Square Feet
Unimproved Land
Built in ----
8,123.94 Square Feet Lot
$484,200 Zestimate®
$--/sqft
$-- HOA
What's special
- 10 days
- on Zillow |
- 64 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: May 03, 2025 at 07:42am
Listed by:
Tim Bower,
Berkshire Hathaway HS NW
Source: NWMLS,MLS#: 2369857

Travel times
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Lot
- Size: 8,123.94 Square Feet
Details
- Parcel number: 7685001540
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Utilities & green energy
- Electric: On Property
- Gas: On Property
- Sewer: On Property
- Water: Available
- Utilities for property: Electricity Connected, Natural Gas Available
Community & HOA
Community
- Subdivision: Hilltop
Location
- Region: Tacoma
Financial & listing details
- Tax assessed value: $500,300
- Date on market: 5/1/2025
- Listing terms: Cash Out,Conventional
- Electric utility on property: Yes
- Road surface type: Paved
- Cumulative days on market: 12 days
- Loading