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$112,500
2538169 MLS
Rare opportunity in Tacoma’s McKinley Hill neighborhood! One of two side-by-side vacant parcels totaling 17,000 sq ft (8,500 sq ft each), zoned UR-1. Situated on a sloped site offering territorial views with potential Mount Rainier views. Ideal for residential development with flexibility for single-family or potential multi-unit configuration under current zoning. The topography lends itself well to daylight basement or view-oriented designs that maximize sightlines and natural light. Utilities available in the street. Build on one and hold the other, develop both, or create a larger combined homesite. Convenient access to schools, shopping, parks, and major commuter routes. Excellent investment or builder opportunity in one of Tacoma’s established and growing neighborhoods.

1403 E Lennox, Tacoma

$229,000
2496133 MLS
Don’t miss this rare chance to secure a prime development opportunity. Incredible properties like this are becoming harder to find and won’t stay on the market for long. Spanning an impressive 33,495 sqft, this versatile parcel is primed for your next residential or investment project. Zoned Urban Residential 1 (UR1), it offers exceptional flexibility allowing up to 6 dwelling units, including 2 ADU's, attached or detached. Even more compelling, recent updates under Home In Tacoma Phase 1 and state legislation open the door to lot flexibility and the potential for separate ownership of individual units. Developers will appreciate the potential to create new lots with a minimum size of just 2,500 sqft, as well as reduced setbacks including a possible 10-foot front setback (East side), maximizing buildable space. With the possibility of a Short Plat subdivision, this site could support up to twelve units, making it a standout investment opportunity. The property’s unique topography adds both value and appeal. Steep slopes to the North and West provide natural privacy, environmental protection benefits, and a beautiful tree canopy setting. Infrastructure is already within reach, with sewer access on the West side, storm systems on E 46th St, and power and water readily available. With flexible access options from the East, thoughtful site planning possibilities, and strong development potential, this property is a rare find.

421 E 46th Street, 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.