2120 S J Street, Tacoma, WA 98405

Tacoma
Local realty services provided by:Better Homes and Gardens Real Estate Pacific Commons
Listed by: tim bower
Office: berkshire hathaway hs nw
MLS#:2497148
Source:NWMLS
2120 S J Street,Tacoma, WA 98405
$574,999
  • 4 Beds
  • 2 Baths
  • 2,970 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$574,999
  • Price per sq. ft.:$193.6

About this home

Rare shovel-ready, fully permitted 20-unit multifamily development opportunity in one of Tacoma’s strongest urban corridors, with approved plans enabling immediate construction and accelerated delivery. Seller open to joint venture participation or partial seller financing, offering flexible structuring for builders and investors. Approved project includes 20 efficiently designed one-bedroom units (~450 SF each), totaling approximately 8,900 SF of net rentable residential area, providing a highly efficient layout for cost-effective construction and streamlined underwriting. 12-Year MFTE exemption approved with fees paid, delivering significant property tax savings on residential improvements. No known impact fees (buyer to verify). Ideally located minutes from UW Tacoma and downtown, and just two blocks from the Tacoma Link light rail, with strong access to transit, major employers, and urban amenities. Potential Mount Rainier and Tacoma skyline views. One of the few remaining fully...

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Home facts

  • Year built:1920
  • Listing ID #:2497148
  • Updated:March 29, 2026 at 03:00 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Bedroom Description:Main Level Bedrooms : 2, Upper Level Bedrooms : 2
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:2,970 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1920
  • Building area:2,970 sq. ft.
  • Lot area:0.19 Acres
  • Lot Features:Alley
  • Construction Materials:Wood Exterior Finish
  • Foundation Description:Unfinished

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$574,999
  • Price per sq. ft.:$193.6
  • Tax amount:$5,446 (2025)

Parking

  • Total parking spaces:5
  • Parking description:Detached Garage, Driveway
  • Garage:Yes
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