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Listing Firm: Keller Williams Rty Tacoma: Gary Ellis

Pending
NWMLS # 2392070
  • - Beds
  • - Baths
  • - Sq.ft.

2502 S 40th Street , Tacoma, WA 98409

Listings with the three tree icon are courtesy of NWMLS

About This Property

Prime development opportunity in Tacoma! Just shy of half an acre and zoned UCX (Urban Center Mixed-Use), this secluded property offers endless potential for multi-family housing or apartment construction in one of the city's fastest-growing areas. Conveniently located near transit, shopping, dining, and major employers, this lot is primed for future growth. The UCX zoning allows for higher density and a range of residential and commercial uses—don’t miss your chance to invest in Tacoma’s growing urban core! An existing home and shop on the property provides immediate rental income potential while you finalize your development plans.

Aris360 Last Checked: 1 Minute Ago (Jun 16, 2025 02:46 PM)

  • Source: NWMLS as Distributed by MLS Grid #2392070

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 40th
  • Zip/Postal Code: 98409
  • City: Tacoma

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$3,847 per month
Principal & Interest
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Property Taxes

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Interest Rate

According to icanbuy, the average interest rate for a 30-year fixed loan in 98102 is 7.009%. Compare current rates

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Property Features

  • County
    • Tacoma Mall
  • Community
    • 48 - South Tacoma
  • MLS Area
    • 48 - South Tacoma
  • Longitude
    • -122.469806
  • Latitude
    • 47.220763
  • Directions
    • From S 38th St turn on S Steele St towards Mall, 1st Right on S 41st St, continue up hill to the right, go around the corner and it is right at the end of the bend. Will see a mailbox that says 2502.

  • Style
    • 42 - Multi-Family
  • Vegetation
    • See Remarks,
  • Lot Description
    • Paved,
    • Secluded,
  • Topography
    • See Remarks
  • Elevation
    • Feet
  • Water Source
    • Available,
    • In Street,
  • Septic or Sewer
    • In Street,
  • Building Total Area (Sq. Ft.)
    • 19440
  • Has View
    • Yes
  • Utilities
    • Electricity Available,
    • Septic Design Installed,
  • Parking Description
    • Garage,
  • View Description
    • City,
  • Has Garage
    • Yes

  • High School District
    • Tacoma
  • Jr. High School
    • Giaudrone Mid Sch
  • Elementary School
    • Reed
  • High School
    • Foss

  • Possession
    • Closing,
  • Property Type
    • Land
  • Property SubType
    • Land
  • Tax Year
    • 2025
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $4229
  • Status
    • Pending Inspection

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Disclaimer: Based on information submitted to the MLS GRID as of Mon Jun 16 2025 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Jun 16, 2025 02:46 PM