2120 S J Street, Tacoma, WA 98405 (MLS # 2497148)
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Listing provided courtesy of Northwest MLS; Berkshire Hathaway HS NW
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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 |
| SATELLITE VIEW |
| / | |
Properties with the
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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