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JRJeff ReynoldsCompass · Seattle
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Active

Listed by Megawati Klemets, AgencyOne

5
Bedrooms
2
Bathrooms
3,240
Square feet
$171
Per sq ft
Single Family Residence
Type
1952
Year built
10,426 sq ft
Lot
34
Days on market

About this property

Rare Downtown Tacoma investment and redevelopment opportunity on a 10,426 SF DR-zoned site with outstanding flexibility for investors, developers, business owners, or owner-occupants. Existing 5-bedroom, 2-bath residence offers two separate living levels, two kitchens, and flexible income or multigenerational potential, plus workshops/outbuildings and convenient street and alley access. Enjoy territorial, Cascade and Mt. Rainier views in a highly accessible location near UW Tacoma, transit, Tacoma Dome, museums, shopping, dining and freeway access. High-density DR zoning provides significant redevelopment potential, including a 90-foot height limit. Hold and generate income, live and work on site, or explore future redevelopment possibilities. Buyer to verify all development potential, zoning, uses and feasibility with the City of Tacoma.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2576763
Listed
September 1, 2026
Days on market
34 (includes a prior listing period)
Price per sq ft
$171

Unit & building

Unit levels
One

Parking

Parking
DrivewayAttached Garage
Covered spaces
1
Total spaces
3

Views

View
MountainsTerritorial

Construction

Year built
1952
Style
16 - 1 Story w/Bsmnt.
Structure
House
Roof
Composition

Heating & cooling

Heating
Ductless
Cooling
Ductless
Energy source
Electric

Interior features

Features
Second KitchenDbl Pane/Storm WindowDining RoomWater Heater

Flooring

Flooring
Ceramic TileLaminateCarpet

Appliances

Appliances
DryerMicrowaveRefrigeratorStove(s)/Range(s)Washer

Community & building features

Bus line nearby
Yes

Lot

Lot features
AlleyCurbsPavedSidewalkValue In Land
Lot size
10,426 sq ft

Terms

Terms offered
CashConventionalFHA

Utilities

Water
Tacoma City Water
Sewer
City of Tacoma
Power
Tacoma City Power

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
  • Mountains
  • Territorial
  • House
  • Composition
  • Ductless
  • Electric
  • Second Kitchen
  • Dbl Pane/Storm Window
  • Dining Room

Listing history

  1. Listed

    $555,000

    September 1, 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

$3,232

Principal & interest
$2,806
Property tax (est.)
$426

Assumes $111,000 down (20%), a $444,000 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 September 1, 2026 at 5:45 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.