About 2123 Tacoma Avenue S
Rare Downtown Tacoma development opportunity! Approx. 1/3-acre site zoned WR (Warehouse/Residential), offering flexible potential for multifamily, mixed-use, retail, office, live/work and other permitted uses. Up to 100' building height and no minimum off-street parking requirement within Tacoma's Downtown Reduced Parking Area create excellent development efficiency. Just blocks from UW Tacoma and within walking distance of Sound Transit T Line stations, the site is well positioned for transit-oriented development. Qualifying multifamily projects may also be eligible for Tacoma's MFTE property-tax exemption program. Flexible zoning, strong transit access, proximity to UW Tacoma, and optional assemblage make this an exceptional investment or development opportunity. Buyer to verify zoning, development capacity, MFTE eligibility, parking, utilities and all other requirements.
Features of 2123 Tacoma Avenue S
| MLS® # | 2575393 |
|---|---|
| Price | $695,000 |
| Acres | 0.36 |
| Type | Land |
| Sub-Type | Land |
| Status | Active |
Community Information
| Address | 2123 Tacoma Avenue S |
|---|---|
| Area | 30 - Central Tacoma |
| Subdivision | New Tacoma |
| City | Tacoma |
| County | Pierce |
| State | WA |
| Zip Code | 98402 |
Amenities
| View | City, Mountains, Territorial |
|---|---|
| Is Waterfront | No |
Interior
| Fireplace | No |
|---|
School Information
| District | Tacoma |
|---|---|
| Elementary | Stanley |
| Middle | Hilltop Heritage Middle |
| High | Foss |
Additional Information
| Date Listed | August 28th, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | MLS4owners.com |
|---|