2120 S J Street, Tacoma, WA 98405 (MLS # 2497148)
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Listing provided courtesy of Northwest MLS; Berkshire Hathaway HS NW
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No Impact fees! Rare shovel-ready, fully permitted 20-unit multifamily development opportunity in one of Tacoma's strongest urban corridors, with approved plans enabling immediate construction and accelerated delivery. Approved project includes 20 efficiently designed one-bedroom units (~450 SF each), totaling approximately 8,900 SF of net rentable residential area, providing a highly efficient layout for cost-effective construction and streamlined underwriting. 12-Year MFTE exemption approved with fees paid, delivering significant property tax savings on residential improvements. No known impact fees (buyer to verify). Ideally located minutes from UW Tacoma and downtown, and just two blocks from the Tacoma Link light rail, with strong access to transit, major employers, and urban amenities. Potential Mount Rainier and Tacoma skyline views. One of the few remaining fully entitled multifamily development sites in the area.
| LAST UPDATED | 4/16/2026 | TRACT | Hilltop |
|---|---|---|---|
| YEAR BUILT | 1920 | COMMUNITY | Hilltop |
| COUNTY | Pierce | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| PRICE HISTORY | |
| Prior to Apr 16, '26 | $574,999 |
|---|---|
| Apr 16, '26 - Today | $524,950 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 30 - Central Tacoma |
| BASEMENT | Unfinished, Yes |
| CONSTRUCTION | Wood Siding |
| GARAGE | Yes |
| HEAT | Electric, Forced Air, Natural Gas |
| LOT | 8124 sq ft |
| LOT DESCRIPTION | Alley |
| MLS STATUS | Active |
| PARKING | Driveway, Detached |
| STORIES | 1.5 |
| STYLE | 17 - 1 1/2 Stry w/Bsmt |
| SUBDIVISION | Hilltop |
| TAXES | 5446 |
| UTILITIES | Sewer Connected |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 4/22/26 6:45 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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