™by The Broker Team$499,950
Active2120 J Street S, Tacoma, WA 98405
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REPORTED FEATURES
Why you might love it
YOUR SEARCH
Why it matched
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TAKE A CLOSER LOOK
Reasons to see it in person
- Listed Mar 25
- Explore the layout of the 8,125 sq ft lot
YOUR NEXT CHAPTER
Be ready when you find the one
- ✓Search
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- 4Tour
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Mortgage Lending Group · Company NMLS 1157983 · Enrique Pelayo Jr. NMLS 131435
THE FACTS
Home details
Interior
- Bedrooms
- 4
- Bathrooms
- 2
- Interior area
- 1,870 sq ft
- Levels
- One and One Half
Exterior & lot
- Home type
- House
- Year built
- 1920
- Lot size
- 8,125 sq ft
- Exterior
- Wood
Parking
- Parking spaces
- 5
- Parking features
- Driveway, Detached Garage
Systems
- Heating
- Forced Air
- Cooling
- None
- Water
- Public
- Sewer
- Sewer Connected
Taxes & HOA
- Annual property tax
- $5,446 (2025)
- Monthly HOA
- $0
FROM THE LISTING
About this home
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.
AROUND THE HOME
Nearby places
© OpenStreetMap contributors. Straight-line distances are estimates; routes and opening hours may differ.
MLS SCHOOL INFORMATION
Schools
Tacoma School District
School assignments can change. Confirm with the district before you decide. No ratings or rankings are provided.
CURRENT CITY LISTINGS
Market snapshot
Tacoma
City-wide active listings in our approved IDX feed · 10/13/2026, 1:04:48 AM Pacific.
KEEP EXPLORING
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Built in 1920 · About 106 years old.