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Listed price in listed location currency (USD).
$649,950

421

MLS® 2464306

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1870 sqft
Garage Yes
Taxes $5,446
Days Active 305
Lot Size 0.1865 acres
Approx. Age 1920
Avg. Price Per Sqft $347
MLS® Number 2464306

Property Address: 2120 S J St, Tacoma, WA, 98405-3828

Average square foot calculated using Size range provided by listing agent.

Description

Shovel-ready 20-unit multifamily development site in one of Tacoma’s strongest urban corridors, with seller open to joint venture structure or partial seller financing, creating flexible capital options for developers. Located just minutes from UW Tacoma, 4 minutes to downtown, and only two blocks to the Tacoma light rail, the site offers exceptional transit access and strong long-term rental demand fundamentals. Fully permitted for a 20-unit apartment building consisting of efficiently designed one-bedroom units averaging approximately 450 SF each and approved for Tacoma’s 12-Year Multifamily Tax Exemption (MFTE), providing substantial property tax savings on residential improvements. The property features excellent views of Mount Rainier and the Tacoma skyline and presents a rare opportunity to build immediately in a high-demand location near major employers, education, transit, and urban amenities. Renderings shown are of the approved project and do not represent current site conditions.
MLS® Number2464306
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1865
Exterior
GarageYes
Approx. Age1920
Basement
DrivewayDetached Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Other:Main FloorNot available
Other:Main FloorNot available
Other:Main FloorNot available
Other:Second FloorNot available
Other:Main FloorNot available

Price History

-End Date
Not Sold YetSold Price

For Sale

May 2, 2025List Date
$649,950List Price
  • Commute

Commute

Starting Address
Destination Address
2120 S J St, Tacoma, WA

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