2120 S J Street

Tacoma, WA
$ 499,950 Beds 4 Baths 2 Sq 1,870
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 499,950
  • City
  • Tacoma
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • PIERCE
  • Half Bathrooms
  • 0
  • Area
  • Central Tacoma
  • Lot Size
  • 0.1865 Acres
  • Zip
  • 98405
  • Sqr Footage
  • 1,870
  • Year Built
  • 1920
  • Taxes
  • $ 5446
  • Style
  • 1 1/2 Stry w/Bsmt
  • MLS#
  • 2497148
Listed By: Berkshire Hathaway HS NW and NWMLS
Data Source: Northwest Multiple Listing Service (NWMLS)

Features

General

Living Area 1870
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing
Roof Composition
Year Built 1920
Levels One and One Half
Property Subtype Single Family Residence
Tax Year 2025
County Pierce
New Construction No
Property Type Residential
HOA No
Attached Garage No
Subdivision Name Hilltop
Garage Y/N Yes
Full Baths 2
Special Listing Conditions None
Status Active
Directions Go west on 21st street ip the hill,take a left on J St. Property is on the right side.
City Tacoma
Entry Location Main
Senior Community Y/N No
High School District Tacoma
MLS Area 30 - Central Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 8125
Carport Y/N No
Listing Terms Cash,Conventional,Owner Will Carry
Land Lease Y/N No
Tax Annual Amount 5446
Public Remarks Rare,shovel-ready multifamily opportunity in one of Tacomas strongest urban corridorsfully permitted for a 20-unit development with no impact fees and a 12-year MFTE tax exemption already approved wi
Structure Type House
Building Area Units Square Feet
Standard Status Active
Property Style 17 - 1 1/2 Stry w/Bsmt
NWM_ShowMapLink Yes

Interior Features

Basement Unfinished
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Total Bedrooms 4
Main Level Bedrooms 2
Total Baths 2
Power Production Type Electric,Natural Gas
Bedrooms Upper 2
Baths Full Upper 1
Baths Full Main 1
Bathrooms 2

Exterior Features

Exterior Amenities Wood
Parking Features Driveway,Detached Garage
Lot Features Alley
Water Source Public
Total Parking 5
Building Area Total 2970
Lot Size Acres 0.1865
Waterfront Y/N No
Covered Spaces 1
Irrigation Water Rights Y/N No
Parking Uncovered Total 4

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Issaquah, WA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/25/2026 Listed $574,999
4/16/2026 9% - $524,950
6/9/2026 5% - $499,950

Property vs Zip Code Average in 98405

Price
AVG $490K
$500K
Taxes
AVG $4,519
$5,446
Year Built
AVG 1946
1920
Visits
AVG 246
761
Data Provided by Inside Real Estate®

2120 S J Street Tacoma, WA is a Single Family Home for sale at $499950 with 1870 sqft and a lot size of 0.1865 Acres Acre(s). 2120 S J Street Tacoma has 4 bedrooms, 2 baths and was built in 1920. The property's zip code is 98405 which is in Tacoma, WA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.