1219 &1229 E 72nd, Tacoma, WA 98404

Property Description

Prime Tacoma UR-3 Transit-Oriented Development Opportunity. Rare opportunity to acquire 2 contiguous parcels totaling approximately 21,000 sq ft in Tacoma’s desirable UR-3 Transit-Oriented Development (TOD) zone. Ideally positioned along a major transit and commercial corridor, this site offers exceptional redevelopment potential w/preliminary density estimates of approximately 28 base units & the possibility of up to 72 units through bonus density programs, subject to City approval, site feasibility, MFTE eligibility, parking, stormwater, fire access & other development standards. The property consists of 2 tax lots (15,000 sq ft & 6,000 sq ft) & may be suitable for apartments, condos, townhomes, mixed-use projects, multiplexes & other residential uses allowed under current zoning. Located adjacent to public transit & across from commercial services, restaurants, shopping & daily conveniences, the site offers a highly walkable lifestyle. Future residents may enjoy easy access to transportation, employment centers, retail & dining without relying heavily on personal vehicles. A single-family residence occupies the rear portion of the property & may be remodeled or removed depending on the buyer’s intended use. Value is primarily in the land & its significant development potential. Property addresses: 1219 E 72nd St & 1229 E 72nd St, Tacoma. Outstanding opportunity for developers & investors seeking strong density potential in a growing transit-served location.

Listing Status:

Active

Data Last Updated:

July 6, 2026 at 1:19AM

Listing Office:

RE/MAX Equity Group : 360-882-6000

Listing Agent:

Lorna Murray : 360-882-6000

MLS ID:

2536502

Interior

• A/C: None
• Heating: None
• Fireplace: Fireplaces: 0

Construction

• General: 42 - Multi-Family

Location

• Road/Access: Paved
• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Tacoma
• County: Pierce

Lot

• Zoning: 9160000541

Utilities

• Utilities: Electricity ConnectedNatural Gas AvailableElectricity on Property
• Water: In Street
• Sewer: In Street

Financial

• Source: nwmls