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$325,000
2550405 MLS Ferrys C P 2nd BLDG.
Attention builders, developers, and high-yield investors: This is a premier urban infill opportunity you cannot afford to miss. Located in Tacoma’s highly coveted URX zone with zero base lot line limits, this parcel is fully optimized to maximize your rentable footprint. A formal City pre-application review is already complete for a 20-unit Efficiency Dwelling Unit (EDU) development, with 12-unit traditional options also vetted. Architectural layouts are available. EDUs eliminate the need for standard parking, allowing for a 100% focus on high-yield, income-generating units. The financial upside here is unmatched. The site fully qualifies for Tacoma’s powerful Multifamily Property Tax Exemption (MFTE) program, unlocking a lucrative 8-, 12-, or 20-year property tax exemption to maximize your net operating income (NOI) from day one. Rental velocity is supported by an exceptional location with premier walkability—situated just blocks from the Hilltop District T-Line light rail station and minutes from the massive Hilltop medical employment hub, including Tacoma General and St. Joseph Medical Center. Boundary and topography surveys are complete and included. Infill plays of this caliber are rare—act fast to secure this high-margin project. Buyer to verify all information to their satisfaction.

2029 S 8th Street, Tacoma

$399,000
2517893 MLS
Prime development opportunity in Tacoma's rapidly evolving Hilltop Business District. The site is conveniently located 500ft from the new Hilltop Light Rail Station and near the expanding downtown Tacoma core. This offering includes two adjacent parcels totaling 0.229 acres zoned NCX (Neighborhood Commercial Mixed-Use) providing flexible options for residential, multifamily, or mixed-use development, subject to City of Tacoma approval. NCX zoning supports urban infill development and encourages a wide range of housing types, making this an ideal site for builders and developers seeking density in a high-demand urban corridor. Example development concepts for the site could include a 4-6 unit townhome project with modern stacked or rowhouse-style units, a small to midsize 10-20 unit apartment building with studio and 1-2 bedroom layouts, a live-work style building with potential ground-floor commercial or creative space and residential units above, or a boutique missing-middle multifamily project such as courtyard-style flats or walk-up apartments. The property is located within an active transit development corridor with multiple large-scale projects underway in the area. The New Bates Technical College Downtown campus as well as the new State of the Art Mary Bridge Children's Hospital are only a couple of the new additions to the neighborhood. These new additions provide strong rental demand from students, staff, and the surrounding workforce population.

1119 S J Street, Tacoma

$175,000
2498189 MLS
Buildable ~2,600 SF lot in a convenient Tacoma location with strong development potential. Configured as Unit 2 in a condo-style setup, offering a unique opportunity for small-scale development without traditional subdivision timelines. Duplex layout concept and plans already completed, giving builders and investors a clear path forward. Ideal for new construction, rental income, resale, or a house hack strategy. Property is subject to a condominium declaration (CC&Rs), with no active HOA management or monthly dues currently in place. Access is available via S Ainsworth Ave and/or the alley, with defined use and ownership structure for clarity. Located near shopping, dining, transit, and major commuter routes—making it attractive for future tenants or resale. Strong upside in a growing Tacoma market with continued housing demand.

909 S Ainsworth Avenue, Tacoma

$220,000
2221672 MLS Volume 1 of Plats, Page 69 / SAHM'S Addition BLDG.
Prime Real Estate Opportunity in Vibrant Downtown Tacoma! Nestled within the thriving urban landscape, this 3,000 sq. ft. property presents a rare opportunity for savvy investors. Boasting a coveted WR Zoning classification for Multi-family, Commercial, Business, Retail Storefront and a dynamic Mixed-use Development. Property is in close proximity to an array of amenities including eateries, entertainment, transportation hubs, historic & cultural attractions. Commuting & connectivity are effortless, making it an ideal location for residents and business alike. Seize the moment & unlock the potential of this exceptional property & let your imagination soar amidst the boundless opportunities in Tacoma's thriving downtown real estate market.

2505 Tacoma Avenue S, Tacoma

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Information courtesy of Intermountain Multiple Listing Service. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non‐commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. All listings provided by IMLS are marked with the official IMLS IDX icon.