Property Attributes
- ID#2497148
- TypeSingle Family
- CountyPIERCE
- CityTacoma
- AreaCentral Tacoma
- NeighborhoodHilltop
- Zip98405
- Style1 1/2 Stry w/Bsmt
- Year Built1920
- Taxes$ 5446
- Price$ 499,950
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1870
- Lot Size0.1865 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
Rare, shovel-ready multifamily opportunity in one of Tacoma’s strongest urban corridors—fully permitted for a 20-unit development with no impact fees and a 12-year MFTE tax exemption already approved with fees paid, delivering meaningful savings and faster time to revenue. The approved plans feature 20 highly efficient one-bedroom units (450 SF each) totaling 8,900 SF of net rentable area, designed for cost-effective construction and clean underwriting. Located just minutes from UW Tacoma, downtown, and only two blocks from the Tacoma Link light rail, the site offers outstanding access to transit, employment, and amenities, with potential Mount Rainier and skyline views enhancing tenant appeal. One of the few remaining fully entitled sites in the area, with additional upside through alternative configurations—build five duplexes or retain the existing home and add two duplexes off of the alley.
| Price History | |
|---|---|
| 3/25/2026 | Listed $574,999 |
| 4/16/2026 | 9$524,950 |
| 6/9/2026 | 5$499,950 |
General Features
| Living Area | 1870 |
|---|---|
| Sewer | Sewer Connected |
| Heating | Forced Air |
| Cooling | None |
| Possession | Closing |
| Roof | Composition |
| Year Built | 1920 |
| Levels | One and One Half |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| County | Pierce |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | Hilltop |
| Garage Y/N | Yes |
| Full Baths | 2 |
| Special Listing Conditions | None |
| Status | Active |
| Directions | Go west on 21st street ip the hill,take a left on J St. Property is on the right side. |
| City | Tacoma |
| Entry Location | Main |
| Senior Community Y/N | No |
| High School District | Tacoma |
| MLS Area | 30 - Central Tacoma |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 8125 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional,Owner Will Carry |
| Land Lease Y/N | No |
| Tax Annual Amount | 5446 |
| Public Remarks | Rare,shovel-ready multifamily opportunity in one of Tacomas strongest urban corridorsfully permitted for a 20-unit development with no impact fees and a 12-year MFTE tax exemption already approved wi |
| Structure Type | House |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Property Style | 17 - 1 1/2 Stry w/Bsmt |
| NWM_ShowMapLink | Yes |
Interior Features
| Basement | Unfinished |
|---|---|
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Total Bedrooms | 4 |
| Main Level Bedrooms | 2 |
| Total Baths | 2 |
| Power Production Type | Electric,Natural Gas |
| Bedrooms Upper | 2 |
| Baths Full Upper | 1 |
| Baths Full Main | 1 |
| Bathrooms | 2 |
Exterior Features
| Exterior Amenities | Wood |
|---|---|
| Parking Features | Driveway,Detached Garage |
| Lot Features | Alley |
| Water Source | Public |
| Total Parking | 5 |
| Building Area Total | 2970 |
| Lot Size Acres | 0.1865 |
| Waterfront Y/N | No |
| Covered Spaces | 1 |
| Irrigation Water Rights Y/N | No |
| Parking Uncovered Total | 4 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 98405
In The Neighborhood
Tacoma
$ 500,000
- Type
- Single Family | Active
- Size
- 1,412 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Listed by: Unique Lifestyle Realty
Bellevue
$ 2,232,500
- Type
- Single Family | Active
- Size
- 3,700 SqFt
- Rooms
- 5 Beds + 2.5 Baths
Listed by: Keller Williams Rlty Bellevue
Lynnwood
$ 1,095,000
- Type
- Single Family | Active
- Size
- 3,579 SqFt
- Rooms
- 5 Beds + 3.5 Baths
Listed by: Kelly Right RE of Seattle LLC
Tacoma
$ 475,000
- Type
- Single Family | Active
- Size
- 1,474 SqFt
- Rooms
- 4 Beds + 2 Baths
Listed by: CENTURY 21 North Homes Realty
Lynnwood
$ 1,150,000
- Type
- Single Family | Active
- Size
- 2,604 SqFt
- Rooms
- 5 Beds + 4 Baths
Listed by: John L. Scott Everett
Tacoma
$ 409,900
- Type
- Single Family | Active
- Size
- 890 SqFt
- Rooms
- 2 Beds + 2 Baths
Listed by: Best Choice Realty LLC
Tacoma
$ 400,000
- Type
- Single Family | Active
- Size
- 1,328 SqFt
- Rooms
- 3 Beds + 1 Baths
Listed by: AgencyOne