2123 Tacoma Avenue S, Tacoma, WA 98402 (MLS # 2575393)

Save to Favorites
 Print
 Share
Listing provided courtesy of Northwest MLS; MLS4owners.com

PRICE $695,000
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 15,625 sqft
Request More Info Schedule a Showing
Rare Downtown Tacoma development opportunity! Approx. 1/3-acre site zoned WR (Warehouse/Residential), offering flexible potential for multifamily, mixed-use, retail, office, live/work and other permitted uses. Up to 100' building height and no minimum off-street parking requirement within Tacoma's Downtown Reduced Parking Area create excellent development efficiency. Just blocks from UW Tacoma and within walking distance of Sound Transit T Line stations, the site is well positioned for transit-oriented development. Qualifying multifamily projects may also be eligible for Tacoma's MFTE property-tax exemption program. Flexible zoning, strong transit access, proximity to UW Tacoma, and optional assemblage make this an exceptional investment or development opportunity. Buyer to verify zoning, development capacity, MFTE eligibility, parking, utilities and all other requirements.

LAST UPDATED 8/28/2026 TRACT New Tacoma
YEAR BUILT 0 COMMUNITY New Tacoma
COUNTY Pierce STATUS Active
PROPERTY TYPE(S) Lot/Land/Acreage

SCHOOLS
Elementary School Stanley
Jr. High School Hilltop Heritage Middle
High School Foss


ADDITIONAL DETAILS
AREA 30 - Central Tacoma
HEAT None
LOT 0.3587 acre(s)
LOT DIMENSIONS 119' x 131'
MLS STATUS Active
STYLE 42 - Multi-Family
SUBDIVISION New Tacoma
TAXES 7968
UTILITIES Electricity Available, Natural Gas Available, Sewer Available
VIEW Yes
VIEW DESCRIPTION City, Mountain(s), Territorial
ZONING Commercial

SATELLITE VIEW



 
CONTACT US ABOUT 2123 TACOMA AVENUE S
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Katy Smith to contact you even if your name is on a Federal or State "Do not call List".

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 8/28/26 9:45 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.

DMCA Notice

  Logo

This IDX solution is (c) Diverse Solutions 2026.