2120 S J Street, Tacoma, WA 98405
- $499,950
- 4
- BD
- 2
- BA
- 1,870
- SqFt
Listing courtesy of Berkshire Hathaway HS NW.
- List Price
- $499,950
- Status
- ACTIVE
- MLS#
- 2497148
- Price Change
- ▼ $25,000 1781058579
- Days on Market
- 445
- Bedrooms
- 4
- Finished SqFt
- 1,870
- Area Total SqFt
- 2970
- Annual Tax Ammount
- 5446
- Lot Size (sq ft)
- 8,125
- Sewer
- Sewer Connected
Property Description
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.
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Additional Information
- Community
- Hilltop
- Style
- 17 - 1 1/2 Stry w/Bsmt
- Basement
- Unfinished
- Year Built
- 1920
- Total Covered Parking
- 1
- Roof
- Composition
- Tax Year
- 2025
- School District
- Tacoma
- Potential Terms
- Cash, Conventional, Owner Will Carry
- Driving Directions
- Go west on 21st street ip the hill, take a left on J St. Property is on the right side.
- Energy Source
- Electric, Natural Gas
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