Prime UR-1 development opportunity – 0.73-acre South Tacoma infill site with conceptual capacity for about 21 middle-housing homes (buyer to verify with City). One of the last available lots in this established area, this flat site with small, manageable trees and utilities already on the lot offers a highly buildable canvas for your next project. Ideally suited for Row Houses or Detached Courtyard Housing with potential unit lot subdivision and fee-simple townhome-style ownership, it’s an exceptional site for builders and investors targeting attainable housing in Tacoma. Surrounded by established neighborhoods and close to major arterials, this parcel offers convenient access to nearby retail, services, parks, and other points of interest. The property also benefits from adjacency to a non-active railroad, providing separation without the noise typically associated with rail. With its rare scale, flat topography, and flexible UR-1 zoning, this site is tailor-made for a small-to-mid-size infill developer delivering a high-demand courtyard/row house community. Developers and investors – bring your architect, UR-1 concept plans, and vision for 21+ modern Tacoma homes to this standout South Tacoma site. Non–owner-occupant third-party financing may be available: 50% of lot cost as down payment, 12% APR with interest reserve, 3% origination for a 6-month term or 4% for an 8-month term, plus a $950 UW fee and $150 draw fee per construction draw with approval of buyer's finances.
Listing Provided Courtesy of Donya Karimi, Skyline Properties, Inc.
General Information
NWM2491874
Single Family Residence
0
DOM
4
0.73 acres
1
1198
1947
Pierce
Fawcett
Stewart
Mt Tahoma
Residential
Single Family Residence
Listing Provided Courtesy of Donya Karimi, Skyline Properties, Inc.
Krishna Realty data last checked: Mar 16, 2026 21:07 | Listing last modified Mar 17, 2026 01:59,
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Residence Information
1198
4
1
0
1
See Remarks
10 - 1 Story
1947
None
None
Features and Utilities
Dining Room
See Remarks
Public
Available, Sewer Connected
Financial
4221
Cash, See Remarks
03-16-2026
Comparable Information
0
0
Cash, See Remarks
$575,000
$575,000
Mar 17, 2026 01:59
Schools
Elementary : FawcettN/ARatings Middle : Stewart N/ARatings High : Mt TahomaN/ARatings
Prime UR-1 development opportunity – 0.73-acre South Tacoma infill site with conceptual capacity for about 21 middle-housing homes (buyer to verify with City). One of the last available lots in this established area, this flat site with small, manageable trees and utilities already on the lot offers a highly buildable canvas for your next project. Ideally suited for Row Houses or Detached Courtyard Housing with potential unit lot subdivision and fee-simple townhome-style ownership, it’s an exceptional site for builders and investors targeting attainable housing in Tacoma. Surrounded by established neighborhoods and close to major arterials, this parcel offers convenient access to nearby retail, services, parks, and other points of interest. The property also benefits from adjacency to a non-active railroad, providing separation without the noise typically associated with rail. With its rare scale, flat topography, and flexible UR-1 zoning, this site is tailor-made for a small-to-mid-size infill developer delivering a high-demand courtyard/row house community. Developers and investors – bring your architect, UR-1 concept plans, and vision for 21+ modern Tacoma homes to this standout South Tacoma site. Non–owner-occupant third-party financing may be available: 50% of lot cost as down payment, 12% APR with interest reserve, 3% origination for a 6-month term or 4% for an 8-month term, plus a $950 UW fee and $150 draw fee per construction draw with approval of buyer's finances.