2123 Tacoma Avenue S Tacoma, WA $ 695,000
2123 Tacoma Avenue S
$ 695,000
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2123 Tacoma Avenue S

Tacoma, WA, 98402
$ 695,000
Baths0.0

Monthly Estimate*

$ 4,388

Listed by MLS4owners.com
2123 Tacoma Avenue S, Tacoma, WA 98402 - Image 1
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Studio

Lots and Land for sale in Tacoma, WA

for $695,000. The lot size is 0.3587.

Rare Downtown Tacoma development opportunity! Approx. 1/3-acre site zoned WR (Warehouse/Residential), offering flexible potential for multifamily, mixed-use, retail, office, live/work and other permitted uses. Up to 100' building height and no minimum off-street parking requirement within Tacoma's Downtown Reduced Parking Area create excellent development efficiency. Just blocks from UW Tacoma and within walking distance of Sound Transit T Line stations, the site is well positioned for transit-oriented development. Qualifying multifamily projects may also be eligible for Tacoma's MFTE property-tax exemption program. Flexible zoning, strong transit access, proximity to UW Tacoma, and optional assemblage make this an exceptional investment or development opportunity. Buyer to verify zoning, development capacity, MFTE eligibility, parking, utilities and all other requirements.

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Lots and Land Active

Price

$ 695,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 7,968

Style

Multi-Family

Lot Size

0.3587

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2575393

Features
General
Living Area 0
Sewer Available
Utilities Electricity Available Natural Gas Available
Possession Closing
HOA Fee 0
View City Mountains Territorial
Property Subtype Land
Tax Year 2026
Building Name Smith & Dentons Add
County Pierce
Property Type Land
HOA N
Subdivision Name New Tacoma
Possible Use Commercial
Special Listing Conditions None
Status Active
Directions Exit 133 to I-705 N/City Center. Take the S 21st St exit continue west on S 21st St then turn right onto Tacoma Ave S. Property located at 2123 Tacoma Ave S just south of S 21st St. GPS friendly.
High School Foss
City Tacoma
Senior Community Y/N N
High School District Tacoma
Zoning Description Commercial
MLS Area 30 - Central Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 15625
Carport Y/N N
Listing Terms Cash Lease Purchase
Elementary School Stanley
Tax Annual Amount 7968
Middle/Junior High School Hilltop Heritage Middle
Public Remarks Rare Downtown Tacoma development opportunity! Approx. 1/3-acre site zoned WR (Warehouse/Residential) offering flexible potential for multifamily mixed-use retail office live/work and other permitted
Structure Type None
Building Area Units Square Feet
Standard Status Active
Property Features Brush Corners Flagged Lightly Treed Partially Cleared
Irrigration Type None
Gas Status Available
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
Water Source Available
Building Area Total 0
Lot Dimensions 119' x 131'
Lot Size Acres 0.3587
Waterfront Y/N N
Road Responsibility County
Irrigation Water Rights Y/N N
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Internal Only
OriginalMLSID NWM2575393
Street Number 1 2123
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* Excluded Features
List By
Chris C. Nye

Listing Agent

Mls4owners.Com

Broker

Affordability Calculator

$5,052
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,388
Monthly Property Taxes
$664
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
3362240 Elementary School
3692178 Middle School
Foss High School High School
Pricing History
DatePricePrice ChangeDescription
8/28/2026$695,000 Listed Price

Map


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2123 Tacoma Avenue S, Tacoma, WA, 98402 is a Lots and Land for sale at $695,000 with a lot size of 0.3587. 2123 Tacoma Avenue S is a studio with 0.0 baths. The property's zip code is 98402 which is in Tacoma, WA