Listed by Andy Brooks, Keller Williams West Sound
- Land
- Type
- 15,000 sq ft
- Lot
- 83
- Days on market
About this property
**FULLY PERMITTED** 80-unit Multifamily Development Site (See Offering Memo) OR Modify plans to take full advantage of DCC zoning - 400' Height Limit and no off-street parking req w/ unlimited potential. Shovel-Ready, Transit Oriented Development Site w/ Unobstructed Rainier/Commencement Bay/City Views tucked away in the safety of North Tacoma’s Stadium and Theater Districts. Project Value Engineered to Maximize Wood Framing, Avoid Subterranean Parking, Avoid High-Rise req, permitted to 2018 Code, 8-year Property Tax Exemption w/ no affordability req ALL while optimizing unit designs/amenities that maximize revenue. Hit the ground running w/ falling interest rates while strategically delivering in 2027 w/ low new construction inventory!
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2511012
- Listed
- April 21, 2026
- Days on market
- 83
- Original list price
- $2,400,000
Unit & building
- Building
- Map of New Tacoma
Views
- View
- BayCityMountainsSound
Construction
- Style
- 42 - Multi-Family
- Structure
- None
Lot
- Lot size
- 15,000 sq ft
Terms
- Terms offered
- See Remarks
Utilities
- Utilities
- Electricity AvailableNatural Gas Available
- Water
- In Street
- Sewer
- In Street
Schools
- District
- Tacoma
- Elementary
- Travis
- Middle
- Hilltop Heritage Middle
- High
- Stadium
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- Bay
- City
- Mountains
- Sound
- None
- See Remarks
- Electricity Available
- Natural Gas Available
- In Street
Listing history
Listed
$2,400,000
April 21, 2026
Current price
$2,100,000
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$12,229
- Principal & interest
- $10,619
- Property tax (est.)
- $1,610
Assumes $420,000 down (20%), a $1,680,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of July 13, 2026 at 11:01 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.