Active · Residential

2120 S J Street , Tacoma, WA 98405

Tacoma, WA 98405

$499,950

4 bedrooms · 2 bathrooms · 1,870 sq ft

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Listing provided by Berkshire Hathaway HS NW · MLS #2497148 · Active

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About this property

Rare, shovel-ready multifamily opportunity in one of Tacoma’s strongest urban corridors—fully permitted for a 20-unit development with no impact fees and a 12-year MFTE tax exemption already approved with fees paid, delivering meaningful savings and faster time to revenue. The approved plans feature 20 highly efficient one-bedroom units (450 SF each) totaling 8,900 SF of net rentable area, designed for cost-effective construction and clean underwriting. Located just minutes from UW Tacoma, downtown, and only two blocks from the Tacoma Link light rail, the site offers outstanding access to transit, employment, and amenities, with potential Mount Rainier and skyline views enhancing tenant appeal. One of the few remaining fully entitled sites in the area, with additional upside through alternative configurations—build five duplexes or retain the existing home and add two duplexes off of the alley.

Property details

Property type: Single Family Residence
Year built: 1920
Lot size: 8,125 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $5,446 (2025)
Parking spaces: 5
School district: Tacoma

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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