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$524,950
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Property Description
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.
Full Property Details
Full Property Details for 2120 S J St
General
- Price: $524,950
- Taxes: $5,446 (2025)
- Status: Active
- Type: Single Family
- Source: NWMLS
- MLS ID: 2497148
- Updated: 4/25/2026
- Added to Site: 60 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
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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
4/16/2026
Price Reduced
$524,950
-8.7%
MLS
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 $524,950 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.

