This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/11
$574,999
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/11
Property Description
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. Seller open to joint venture participation or partial seller financing, offering flexible structuring for builders and investors. 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.
Full Property Details
Full Property Details for 2120 S J St
General
- Price: $574,999
- Taxes: $5,446 (2025)
- Status: Active
- Type: Single Family
- Source: NWMLS
- MLS ID: 2497148
- Updated: 3/28/2026
- Added to Site: 10 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Upper - Full Baths: 1
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms Upper: 2
- Bedrooms Main: 2
Parking
- Garage: Yes
- Covered Spaces: 1
- Uncovered Spaces: 4
- Parking Features: Driveway, Detached Garage
Location
- Area: 30 - Central Tacoma
- County: Pierce
- Subdivision: Hilltop
- Driving Directions: Go west on 21st street ip the hill, take a left on J St. Property is on the right side.
School Information
- High School District: Tacoma
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: House
- Exterior Const.: Wood
- Basement Desc.: Unfinished
- Roof: Composition
- Entry Location: Main
- Square Feet: 2,970
- Finished Total: 1,870 Sq. Ft.
- Unfinished Total: 1,100 Sq. Ft.
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.1865
- Lot Size (Sq. Ft.): 8,125
- Lot Size Source: Realist
- Lot Features: Alley
Financial Considerations
- Tax Amount: $5,446
- Tax Year: 2025
- Terms: Cash, Conventional, Owner Will Carry
Disclosures and Reports
- Special Conditions: None
- Property ID: 7685001540
Listed by Tim Bower | Berkshire Hathaway HS NW | (206) 244-6400
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 2120 S J St
School District:Tacoma Public Schools
| Name | Grades | Distance |
|---|---|---|
Edna Travis Elementary 2111 South J Street, Tacoma, WA 98405 | PK-5 | 0.1 mi |
Hilltop Heritage Middle School 602 North Sprague Avenue, Tacoma, WA 98403 | 6-8 | 1.4 mi |
Stadium High School 111 North E Street, Tacoma, WA 98403 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2120 S J St
Date
Details
Price
Change
Source
3/25/2026
Listed
$574,999
35.29%
MLS
9/27/2021
Sold
$425,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2120 S J St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,446
4%
$496,200
5%
2024
$5,244
-3%
$471,100
-9%
2023
$5,382
8%
$518,400
19%
2022
$4,988
10%
$435,000
20%
2021
$4,554
-1%
$362,300
6%
2020
$4,615
17%
$340,300
14%
2018
$3,942
—
$299,000
20%
2018
$3,942
46%
$249,500
49%
2017
$2,702
-12%
$167,600
-8%
2016
$3,076
3%
$182,300
6%
2015
$2,981
7%
$171,400
6%
2014
$2,788
—
$162,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2120 S J St
2120 S J Street, Tacoma, WA 98405 (MLS# 2497148) is a Single Family property with 4 bedrooms and 2 full bathrooms. 2120 S J Street is currently listed for $574,999 and was received on March 25, 2026. Want to learn more about 2120 S J Street? Do you have questions about finding other Single Family real estate for sale in Tacoma? You can browse all Tacoma real estate or contact a Coldwell Banker agent to request more information.

