Listing Provided Courtesy of Chris C. Nye at MLS4owners.comRare 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.
Property Details
Price:
$695,000
MLS #:
NWM2575393
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subdivision:
New Tacoma
Neighborhood:
30centraltacoma
Listed Date:
Aug 28, 2026
Lot Size:
15,625 sqft / 0.36 acres (approx)
See this Listing
Schools
School District:
Tacoma
Elementary School:
Stanley
Middle School:
Hilltop Heritage Middle
High School:
Foss
Interior
Exterior
View
City, Mountains, Territorial
Financial
Tax Year
2026
Taxes
$7,968
Map
Community
- Address2123 Avenue S Tacoma Tacoma WA
- SubdivisionNew Tacoma
- CityTacoma
- CountyPierce
- Zip Code98402
Subdivisions in Tacoma
- Bethel
- Brookdale
- Browns Point
- Central Tacoma
- Dash Point
- Delong Park
- East Tacoma
- Fern Hill
- Fife Heights
- Fircrest
- Frederickson
- Harbor Ridge
- Highlands
- Hillsdale
- Hilltop
- Indian Addition
- Lakewood
- Lincoln
- Manitou
- McKinley
- Midland
- Narrows
- Ne Tacoma
- New Tacoma
- North Tacoma
- Northshore
- Oakland
- Oaks Addition
- Old Town
- Parkland
- Point Defiance
- Port of Tacoma
- Proctor
- Puyallup
- Ruston
- Se Tacoma
- South Tacoma
- Spanaway
- Stadium District
- Steilacoom
- Summit
- Sunset Beach
- Swan Creek
- Tacoma
- Tacoma Mall
- University Place
- Ups
- Waller
- Wapato
- Westgate
Market Summary
Property Summary
- Located in the New Tacoma subdivision, 2123 Avenue S Tacoma Tacoma WA is a Land for sale in Tacoma, WA, 98402. It is listed for $695,000 and features 0 acres. To schedule a showing of MLS#nwm2575393 at 2123 Avenue S Tacoma in Tacoma, WA, contact your Best in the West agent at 206-351-5550.
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Listing courtesy of MLS4owners.comThe database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. This site was last updated Oct-28-2026 5:00:11 am. © 2026 NWMLS.
2123 Avenue S Tacoma
Tacoma, WA