2120 S J Street, Tacoma, WA 98405

Tacoma
Local realty services provided by:Better Homes and Gardens Real Estate Macy & Co.
Listed by: tim bower
Office: berkshire hathaway hs nw
MLS#:2464306
Source:NWMLS
2120 S J Street,Tacoma, WA 98405
$625,000
  • 4 Beds
  • 2 Baths
  • 1,870 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$625,000
  • Price per sq. ft.:$334.22

About this home

Shovel-ready 20-unit multifamily development site in one of Tacoma’s strongest urban corridors, with seller open to joint venture structure or partial seller financing, creating flexible capital options for developers. Located just minutes from UW Tacoma, 4 minutes to downtown, and only two blocks to the Tacoma light rail, the site offers exceptional transit access and strong long-term rental demand fundamentals. Fully permitted for a 20-unit apartment building consisting of efficiently designed one-bedroom units averaging approximately 450 SF each and approved for Tacoma’s 12-Year Multifamily Tax Exemption (MFTE), providing substantial property tax savings on residential improvements. The property features excellent views of Mount Rainier and the Tacoma skyline and presents a rare opportunity to build immediately in a high-demand location near major employers, education, transit, and urban amenities. Renderings shown are of the approved project and do not represent current site

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Home facts

  • Year built:1920
  • Listing ID #:2464306
  • Updated:March 06, 2026 at 10:56 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Bedroom Description:Main Level Bedrooms : 2, Upper Level Bedrooms : 2
  • Living area:1,870 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1920
  • Building area:1,870 sq. ft.
  • Lot area:0.19 Acres
  • Construction Materials:Wood Exterior Finish

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$625,000
  • Price per sq. ft.:$334.22
  • Tax amount:$5,446 (2025)
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