This 9,750 square foot lot has been approved to develop a three story, walk up style 12 unit multifamily building. Plans have been submitted to the City of Tacoma for their second review. Building permits will be available by closing (roughly 45-60 days). Existing home on the lot is vacant and scheduled for demolition. The property has been approved for a 12 year Multifamily Tax Exemption. Proposed square footage is 9,725 with 10, two bedroom units averaging 780 square feet and 2, one bedroom units averaging 704 square feet. Excellent location with bus stops, shopping and freeways via 38th Street near by.
Listing Provided Courtesy of Jeff Huling, Best Choice Realty LLC
General Information
NWM2376270
Land
37
DOM
9748.73 SqFt
0
Multi-F
Pierce
Reed
Giaudrone Mid S
Foss
Land
Land
Listing Provided Courtesy of Jeff Huling, Best Choice Realty LLC
Krishna Realty data last checked: Jun 22, 2025 20:55 | Listing last modified May 16, 2025 19:22,
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Residence Information
0
42 - Multi-Family
Features and Utilities
Available
Available
Financial
4908
Cash Out, Conventional
05-16-2025
Comparable Information
37
37
Cash Out, Conventional
$700,000
$700,000
May 16, 2025 19:22
Schools
Elementary : ReedN/ARatings Middle : Giaudrone Mid S N/ARatings High : FossN/ARatings
This 9,750 square foot lot has been approved to develop a three story, walk up style 12 unit multifamily building. Plans have been submitted to the City of Tacoma for their second review. Building permits will be available by closing (roughly 45-60 days). Existing home on the lot is vacant and scheduled for demolition. The property has been approved for a 12 year Multifamily Tax Exemption. Proposed square footage is 9,725 with 10, two bedroom units averaging 780 square feet and 2, one bedroom units averaging 704 square feet. Excellent location with bus stops, shopping and freeways via 38th Street near by.
