301 E 26th, Tacoma, WA 98421
Local realty services provided by:ERA Skyview Realty
Listed by: chuck walle
Office: crestview realty advisors
MLS#:2468328
Source:NWMLS
301 E 26th,Tacoma, WA 98421
$21,500,000
- - Beds
- - Baths
- 246,080 sq. ft.
- Multi-family
- Active
Price summary
- Price:$21,500,000
- Price per sq. ft.:$87.37
About this home
Joint Venture Development Opportunity. Mount Bay Apartments is a permit-ready, fully bid, and shovel-ready 307-unit workforce housing development in the heart of Tacoma’s Transportation District. One block from Tacoma Link Light Rail, Sounder, Amtrak, and Greyhound, the project delivers unmatched regional connectivity to downtown Tacoma, Seattle, and Portland—driving strong demand, high occupancy, and long-term value. Designed for working professionals and essential workforce residents, the community features two landscaped courtyards, convenience retail, below-grade parking, a welcoming lobby, fitness center, shared workspace, and a seventh-floor indoor/outdoor sky lounge. The project is fully aligned with Tacoma’s urban revitalization vision while addressing a critical housing need. Mount Bay Apartments offers a compelling, defensive multifamily investment with predictable cash flow, downside protection, and meaningful upside. Workforce housing has consistently outperformed luxury assets across market cycles, delivering stable occupancy even in economic downturns. An eight-year property tax abatement enhances early-year cash flow and improves overall returns, while long-term appreciation is supported by sustained infrastructure investment and neighborhood transformation. This is an exceptional opportunity to partner in a transit-oriented, tax-advantaged asset positioned to generate reliable income and lasting value in one of Tacoma’s fastest-growing urban corridors....
Contact an agent
Home facts
- Year built:2026
- Listing ID #:2468328
- Updated:March 20, 2026 at 12:25 AM
Rooms and interior
- Flooring:Carpet, Ceramic Tile Floor, Concrete Floor, Laminate, Vinyl Plank
- Living area:246,080 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Flat Roof
- Year built:2026
- Building area:246,080 sq. ft.
- Lot area:0.9 Acres
- Lot Features:Alley, Corner, Curbed Lot, Paved, Sidewalk
- Construction Materials:Cement Planked, Cement/Concrete Exterior Finish, Metal/Vinyl Exterior Finish, Wood Products Exterior Finish
- Exterior Features:Deck, Patio, Sprinkler System
Utilities
- Water:Public
- Sewer:Available
Finances and disclosures
- Price:$21,500,000
- Price per sq. ft.:$87.37
Features and amenities
- Amenities:Cable TV, Electric Car Charging, Gas Available, Gated Entry, High Speed Internet
Parking
- Garage:Yes
- Garage spaces:95
New listings near 301 E 26th
- New
$650,000Active4 beds 3 baths2,882 sq. ft.4014 45th Avenue Ne, Tacoma, WA 98422
MLS# 2493820Listed by: LPT REALTY LLC - New
$295,000Active2 beds 1 baths856 sq. ft.1902 Yakima Avenue #6, Tacoma, WA 98405
MLS# 2481487Listed by: EXP REALTY - Open Sat, 12 to 2pmNew
$549,000Active2 beds 2 baths1,598 sq. ft.4013 N 14th Street, Tacoma, WA 98406
MLS# 2488599Listed by: WINDERMERE RE WEST CAMPUS INC - New
$465,000Active3 beds 1 baths1,517 sq. ft.1104 S Prospect Street, Tacoma, WA 98405
MLS# 2489957Listed by: KELLY RIGHT RE OF SEATTLE LLC - New
$565,000Active3 beds 2 baths1,362 sq. ft.5727 N 13th Street, Tacoma, WA 98406
MLS# 2493417Listed by: WINDERMERE PROF PARTNERS - New
$249,000Active1.42 Acres523 138th Street E, Tacoma, WA 98445
MLS# 2494190Listed by: TERRAFIN - New
$139,000Active4 beds 2 baths1,782 sq. ft.13719 12th Avenue S #12, Tacoma, WA 98444
MLS# 2495037Listed by: ENGEL & VLKERS CHAMBERS BAY - New
$384,950Active3 beds 2 baths1,120 sq. ft.1751 S 43rd Street, Tacoma, WA 98418
MLS# 2493262Listed by: EXP REALTY - Open Sat, 11am to 12:30pmNew
$425,000Active3 beds 1 baths1,234 sq. ft.6621 S Pine Street, Tacoma, WA 98409
MLS# 2494607Listed by: BERKSHIRE HATHAWAY HS SSP - Open Fri, 12 to 3pmNew
$899,000Active3 beds 3 baths1,618 sq. ft.3318 N 27th Street, Tacoma, WA 98407
MLS# 2494685Listed by: JOHN L. SCOTT R.E.TACOMA NORTH