Fully permitted 20 unit apartment site!!! Multifamily development site available in Tacoma, just up the street from UW Tacoma and only a 4-minute drive to downtown. The light rail is just two blocks away, offering excellent transit access. The project is fully permitted for 20 one-bedroom apartments averaging 450 square feet each and is approved for the 12-year Multifamily Tax Exemption (MFTE), providing significant long-term property tax savings. The site offers excellent views of Mount Rainier and the Tacoma skyline, making it a rare opportunity to build immediately in a prime location near major employers, transit, and amenities in a growing urban market. Renderings are of the project and not what is currently on site.
Property Type(s):
Single Family
|
Last Updated
|
1/5/2026
|
Tract
|
Hilltop
|
|
Year Built
|
1920
|
Community
|
Hilltop
|
|
Garage Spaces
|
1.0
|
County
|
Pierce
|
Price History
|
Prior to Jan 5, '26
|
$799,950 |
| Jan 5, '26 - Today |
$749,950 |
Additional Details
| AIR |
None |
| AREA |
30 - Central Tacoma |
| CONSTRUCTION |
Wood Siding |
| GARAGE |
Yes |
| HEAT |
Electric, Forced Air |
| LOT |
8124 sq ft |
| MLS STATUS |
Active |
| PARKING |
Detached |
| STORIES |
1.5 |
| STYLE |
17 - 1 1/2 Stry w/Bsmt |
| SUBDIVISION |
Hilltop |
| TAXES |
5446 |
| UTILITIES |
Sewer Connected |
| WATER |
Public |
Location
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 1/6/26 11:03 PM PST. 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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This IDX solution is (c) Diverse Solutions 2026.
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