2120 S J Street, Tacoma, WA 98405 (MLS # 2497148)

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Listing provided courtesy of Northwest MLS; Berkshire Hathaway HS NW

PRICE $574,999
BEDS 4
BATHS 2
HOME SIZE 1,870 sqft
LOT SIZE 8,124 sqft

Rare shovel-ready, fully permitted 20-unit multifamily development site in a strong Tacoma urban corridor, with approved plans included for immediate construction and accelerated delivery. Seller is open to joint venture or partial seller financing, offering flexible options for builders and investors. Approved project includes 20 efficiently designed one-bedroom units (approx. 450 SF each), optimized for cost-effective construction. Approved 12-Year MFTE in place (fees paid), providing significant property tax savings on residential improvements. No known impact fees (buyer to verify). Conveniently located minutes to UW Tacoma and downtown, and two blocks from the Tacoma Link light rail, with proximity to major employers, transit, and urban amenities. Site offers potential views of Mount Rainier and the Tacoma skyline. One of the few remaining fully entitled multifamily development opportunities in the area.

LAST UPDATED 3/25/2026 TRACT Hilltop
YEAR BUILT 1920 COMMUNITY Hilltop
COUNTY Pierce STATUS Active
PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR None
AREA 30 - Central Tacoma
BASEMENT Unfinished, Yes
CONSTRUCTION Wood Siding
GARAGE Yes
HEAT Electric, Forced Air, Natural Gas
LOT 8124 sq ft
LOT DESCRIPTION Alley
MLS STATUS Active
PARKING Driveway, Detached
STORIES 1.5
STYLE 17 - 1 1/2 Stry w/Bsmt
SUBDIVISION Hilltop
TAXES 5446
UTILITIES Sewer Connected
WATER Public

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 3/25/26 1:30 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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