2120 S J Street, Tacoma, WA 98405

Tacoma
Local realty services provided by:Imagine Realty ERA Powered
Listed by: tim bower
Office: berkshire hathaway hs nw
MLS#:2497148
Source:NWMLS
2120 S J Street,Tacoma, WA 98405
$499,950
  • 4 Beds
  • 2 Baths
  • 2,970 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$499,950
  • Price per sq. ft.:$168.33

About this home

Rare, shovel-ready multifamily opportunity in one of Tacoma’s strongest urban corridors—fully permitted for a 20-unit development with no impact fees and a 12-year MFTE tax exemption already approved with fees paid, delivering meaningful savings and faster time to revenue. The approved plans feature 20 highly efficient one-bedroom units (450 SF each) totaling 8,900 SF of net rentable area, designed for cost-effective construction and clean underwriting. Located just minutes from UW Tacoma, downtown, and only two blocks from the Tacoma Link light rail, the site offers outstanding access to transit, employment, and amenities, with potential Mount Rainier and skyline views enhancing tenant appeal. One of the few remaining fully entitled sites in the area, with additional upside through alternative configurations—build five duplexes or retain the existing home and add two duplexes off of the alley.

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Home facts

  • Year built:1920
  • Listing ID #:2497148
  • Updated:July 02, 2026 at 03:47 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Bedroom Description:Main Level Bedrooms : 2, Upper Level Bedrooms : 2
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:2,970 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1920
  • Building area:2,970 sq. ft.
  • Lot area:0.19 Acres
  • Lot Features:Alley
  • Construction Materials:Wood Exterior Finish
  • Foundation Description:Unfinished

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$499,950
  • Price per sq. ft.:$168.33
  • Tax amount:$5,446 (2025)

Parking

  • Total parking spaces:5
  • Parking description:Detached Garage, Driveway
  • Garage:Yes
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