2120 S J Street

Tacoma, WA 98405

  • 4 Bed

  • 2 Bath

  • 1870 SqFt

  • 308 DOM

  • Built: 1920

  • Status: Active

$625,000

X

2120 S J Street

Tacoma 98405

$625000

  • 4 Bed

  • 2 Bath

  • 1870 SqFt

  • 308 DOM

  • Built: 1920

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

Shovel-ready 20-unit multifamily development site in one of Tacoma’s strongest urban corridors, with seller open to joint venture structure or partial seller financing, creating flexible capital options for developers. Located just minutes from UW Tacoma, 4 minutes to downtown, and only two blocks to the Tacoma light rail, the site offers exceptional transit access and strong long-term rental demand fundamentals. Fully permitted for a 20-unit apartment building consisting of efficiently designed one-bedroom units averaging approximately 450 SF each and approved for Tacoma’s 12-Year Multifamily Tax Exemption (MFTE), providing substantial property tax savings on residential improvements. The property features excellent views of Mount Rainier and the Tacoma skyline and presents a rare opportunity to build immediately in a high-demand location near major employers, education, transit, and urban amenities. Renderings shown are of the approved project and do not represent current site conditions.

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Residence Information

  • 1870

  • 4

  • 2

  • 0

  • 2

  • Composition

  • 17 - 1 1/2 Stry w/Bsmt

  • 1920

Features and Utilities

  • Wood

  • Public

  • Sewer Connected

Financial

  • 5446

  • Cash, Conventional, Owner Will Carry, See Remarks

  • 05-02-2025

Comparable Information

  • 308

  • 308

  • Cash, Conventional, Owner Will Carry, See Remarks

  • $799,950

  • $799,950

  • Mar 06, 2026 22:18

Schools

Map

Listing courtesy of Berkshire Hathaway HS NW.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Mar 07, 2026 19:14 | Listing last modified Mar 06, 2026 22:18. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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