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2302 S G Street #32, Tacoma, WA 98405

Tacoma
Local realty services provided by:CENTURY 21 Tri-Cities
Listed by: donna marshall
Office: skyline properties, inc.
MLS#:2594232
Source:NWMLS
2302 S G Street #32,Tacoma, WA 98405
$799,000
  • 0.1 Acres
  • Lots / Land
  • Active

Price summary

  • Price:$799,000

About this home

Fully Approved 13-Unit Development Opportunity | Tacoma Shovel-ready infill project with zero entitlement risk. City building & site development permits are fully approved—just pay issuance fees, attend one pre-con meeting, and pull permits to break ground.Project Highlights:• Lot: 4,563 SF corner parcel at S G & S 23rd St; Downtown Residential (DR) zoning, zero yard setbacks & alley access • Program: 13 units (4 studios, 9 one-bedrooms) totaling 6,244 net SF • Structure: 4-story Type VA wood-frame, R-2 occupancy, NFPA 13R fire suppression • Permits: Approved Graves architectural set (BLDCN23-0082, SDEV23-0391, WO23-0145) • Tax Advantage: Eligible for Tacoma’s 12-Year MFTE property tax exemption, boosting stabilized NOI The Numbers: • Hard costs track well below King County at ~$210–$255/gross SF • Strong demand from UW Tacoma, MultiCare, Port of Tacoma & JBLM • Projected gross rent: $20,500–$22,500/mo at ~95% occupancy (Studios: $1,250–$1,400 | 1-BD: $1,550–$1,850)Entitlement...

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Home facts

  • Subdivision & Development:South Tacoma
  • Listing ID #:2594232
  • Updated:October 25, 2026 at 11:22 AM

Structure and exterior

  • Lot area:0.1 Acres
  • Lot Features:Corner, Curbed Lot, Paved, Sidewalk

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Water:In Street
  • Sewer:In Street

Finances and disclosures

  • Price:$799,000
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of October 25, 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: Vicki Monteagudo

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