2147 -2155 Martin Luther King Jr Way Tacoma, WA $ 1,500,000
2147 -2155 Martin Luther King Jr Way
$ 1,500,000
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2147 -2155 Martin Luther King Jr Way

Tacoma, WA, 98405
$ 1,500,000
Baths0.0

Monthly Estimate*

$ 9,358

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Studio

Lots and Land for sale in Tacoma, WA

for $1,500,000. The lot size is 0.3432.

This is an exciting opportunity to develop a prime mixed-use lot in Tacoma's Hilltop neighborhood! The property includes 3 parcels, with the two cleared lots already having completed Phase 1-4 enviro work, which means no further action is required from the Department of Ecology—saving you significant time and money. The lot is zoned NCX allowing for a 45' building height with bonus height easily obtainable. From this height you can enjoy stunning 360° views, stretching from Mt. Rainier to the Olympic Mountains. Located just steps away from the newly finished LINK light rail, and two blocks from St. Joseph Hospital, this location is perfect for a development that takes advantage of the growing transit-oriented infrastructure in the area.

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Lots and Land Active

Price

$ 1,500,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 7,535

Style

Multi-Family

Lot Size

0.3432

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2318537

Features
General
Living Area 0
Sewer On Property
Utilities Electricity Connected Natural Gas Available
Possession Closing
HOA Fee 0
View Mountain(s) Sound Territorial
Topography Level
Property Subtype Land
Tax Year 2024
Community Features Park Playground
County Pierce
Property Type Land
HOA N
Subdivision Name Hilltop
Possible Use Commercial Multi-Family Office Retail
Special Listing Conditions None
Status Active
Directions City Center exit from I-5. take 21st street exit and continue up hill to MLK. Left to 23rd
High School Buyer To Verify
City Tacoma
Senior Community Y/N N
High School District Tacoma
Zoning Description Commercial Multi-Family Office Retail
MLS Area 28 - Central Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 14950
Carport Y/N N
Listing Terms Cash Out Conventional
Elementary School Buyer To Verify
Tax Annual Amount 7535
Middle/Junior High School Buyer To Verify
Public Remarks This is an exciting opportunity to develop a prime mixed-use lot in Tacoma's Hilltop neighborhood! The property includes 3 parcels with the two cleared lots already having completed Phase 1-4 enviro
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Gas Status On Property
Property Style 42 - Multi-Family
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Interior
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Lot Features Alley Corner Lot Curbs Paved Sidewalk
Water Source Available In Street On Property
Building Area Total 0
Lot Dimensions 115x130
Lot Size Acres 0.3432
Road Surface Type Paved
Waterfront Y/N N
Irrigation Water Rights Y/N N
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Internal Only
OriginalMLSID NWM2318537
Street Number 1 2147
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* Excluded Features
List By
Eric Crittendon

Listing Agent

Puyallup - Weichert, Realtors® - Premier Properties

Broker

Affordability Calculator

$9,986
Per Month
94%
6%
0%
Monthly Principal & Interest
$9,358
Monthly Property Taxes
$628
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3100453 Elementary School
3100781 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
4/18/2025$1,500,000 -6.25% Price Down
1/21/2025$1,600,000 Listed Price

Map


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2147 -2155 Martin Luther King Jr Way, Tacoma, WA, 98405 is a Lots and Land for sale at $1,500,000 with a lot size of 0.3432. 2147 -2155 Martin Luther King Jr Way is a studio with 0.0 baths. The property's zip code is 98405 which is in Tacoma, WA