2120 S J Street, Tacoma, WA 98405

• 4 beds |
• 2 baths |
• 1,870 sqft

Property Description

Huge price improvement! Fully permitted 20 unit apartment site!!! Multifamily development site available in Tacoma, just up the street from UW Tacoma and only a 4-minute drive to downtown. The light rail is just two blocks away, offering excellent transit access. The project is fully permitted for 20 one-bedroom apartments averaging 450 square feet each and is approved for the 12-year Multifamily Tax Exemption (MFTE), providing significant long-term property tax savings. The site offers excellent views of Mount Rainier and the Tacoma skyline, making it a rare opportunity to build immediately in a prime location near major employers, transit, and amenities in a growing urban market. Renderings are of the project and not what is currently on site.

Listing Status:

Active

Data Last Updated:

February 14, 2026 at 5:22AM

Listing Office:

Berkshire Hathaway HS NW : 206-244-6400

Listing Agent:

Tim Bower : 206-244-6400

MLS ID:

2464306

Interior

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

Exterior

• General: Wood
• Parking: Detached GarageParking spaces: 1

Construction

• Roofing: Composition
• General: One and One Half

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Tacoma
• County: Pierce

Lot

• Zoning: 7685001540

Utilities

• Water: Public
• Sewer: Sewer Connected

Financial

• Source: nwmls