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JRJeff ReynoldsCompass · Seattle

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
41
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

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Directions

Property details

Listing details

Listing number
#2530687
Listed
June 2, 2026
Days on market
41
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

  1. 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.

Similar nearby listings

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.