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2123 Tacoma Avenue S, Tacoma, WA 98402

Tacoma
Local realty services provided by:CENTURY 21 Lund, Realtors
Listed by: chris c. nye
Office: mls4owners.com
MLS#:2575393
Source:NWMLS
2123 Tacoma Avenue S,Tacoma, WA 98402
$695,000
  • 0.36 Acres
  • Lots / Land
  • Active

Price summary

  • Price:$695,000

About this home

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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Home facts

  • Subdivision & Development:New Tacoma
  • Listing ID #:2575393
  • Updated:October 29, 2026 at 11:35 AM

Structure and exterior

  • Lot area:0.36 Acres

Schools

  • High school:Foss
  • Middle school:Hilltop Heritage Middle
  • Elementary school:Stanley

Utilities

  • Water:Available
  • Sewer:Available

Finances and disclosures

  • Price:$695,000
  • Tax amount:$7,968 (2026)
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of October 29, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved. NWMLS Member Broker: Greg Lund

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