Listed by Riley Craig Holder, Windermere Prof Partners
- 2
- Bedrooms
- 1
- Bathrooms
- 960
- Square feet
- $781
- Per sq ft
- Single Family Residence
- Type
- 1922
- Year built
- 14,040 sq ft
- Lot
- 131
- Days on market
About this property
Investor Alert! Exceptional opportunity with TAC mixed-use zoning offering endless potential for multifamily, commercial, or mixed-use development. This is Downtown Residential allowing for 90ft building height!! The alley is about one level lower than Yakima Ave, it is well suited for an apartment or condo complex development with under building parking. This rare property includes two parcels, giving investors and developers the flexibility to develop one parcel or maximize the potential of both. Ideally located near downtown with quick freeway access, this prime location offers convenience, visibility, and strong future growth potential. Whether you’re planning apartments, retail, office space, or a mixed-use project, the zoning and location create a wide range of possibilities. Utilities and infrastructure nearby make this an attractive option for your next investment project. Don’t miss this chance to secure a versatile development opportunity in a rapidly growing area!
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Jeff's Neighborhood Guide
Get to know the Central Tacoma area
Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.
Property details
Listing details
- Listing number
- #2530687
- Listed
- June 2, 2026
- Days on market
- 131
- Price per sq ft
- $781
Unit & building
- Unit levels
- One
Parking
- Parking
- DrivewayAttached GarageOff Street
- Covered spaces
- 1
- Total spaces
- 1
Views
- View
- Territorial
Construction
- Year built
- 1922
- Style
- 16 - 1 Story w/Bsmnt.
- Structure
- House
- Roof
- Composition
Heating & cooling
- Heating
- BaseboardForced Air
- Cooling
- None
- Energy source
- ElectricNatural Gas
Appliances
- Appliances
- DishwasherDryerRefrigeratorStove(s)/Range(s)Washer
Lot
- Lot features
- AlleyCurbsPavedSidewalkValue In Land
- Lot size
- 14,040 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Water
- Public
- Sewer
- Sewer Connected
Schools
- District
- Tacoma
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- One
- Driveway
- Attached Garage
- Off Street
- Territorial
- House
- Composition
- Baseboard
- Forced Air
- None
- Electric
- Natural Gas
Listing history
Listed
$750,000
June 2, 2026
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
$4,367
- Principal & interest
- $3,792
- Property tax (est.)
- $575
Assumes $150,000 down (20%), a $600,000 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 October 12, 2026 at 3:30 AM 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.