About this home

**FULLY PERMITTED** 80-unit Multifamily Development Site (See Offering Memo) OR Modify plans to take full advantage of DCC zoning - 400' Height Limit and no off-street parking req w/ unlimited potential. Shovel-Ready, Transit Oriented Development Site w/ Unobstructed Rainier/Commencement Bay/City Views tucked away in the safety of North Tacoma’s Stadium and Theater Districts. Project Value Engineered to Maximize Wood Framing, Avoid Subterranean Parking, Avoid High-Rise req, permitted to 2018 Code, 8-year Property Tax Exemption w/ no affordability req ALL while optimizing unit designs/amenities that maximize revenue. Hit the ground running w/ falling interest rates while strategically delivering in 2027 w/ low new construction inventory!

Schools

Elementary

Travis

Middle

Hilltop Heritage Middle

High

Stadium

Property details

View: Bay, City, Mountains, Sound
Water source: In Street
Sewer: In Street
Utilities: Electricity Available, Natural Gas Available

Costs

Annual taxes: $17,008 (2025)

Estimate your monthly payment

$12,036/mo

Principal & interest: $10,619
Property taxes: $1,417

Down payment (20%) $420,000 Interest rate (%) Loan term (years)

Loan amount $1,680,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Tacoma, WA 98402

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Keller Williams West Sound— Andy Brooks.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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