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Listed by:Windermere Prof Partners • Bethany Jones
$ 229,000
Est. payment | /mo
0.77 Acres Lot
$ 229,000
Est. payment | /mo
0.77 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Mckinley
MLS Listing ID 2496133
Style 42 - Multi-Family
Annual Tax Amount $1,746
Lot Size 0.769 Acres
Property Sub-Type Land
Property Description
Don't miss this rare chance to secure a prime development opportunity. Incredible properties like this are becoming harder to find and won't stay on the market for long. Spanning an impressive 33,495 sqft, this versatile parcel is primed for your next residential or investment project. Zoned Urban Residential 1 (UR1), it offers exceptional flexibility allowing up to 6 dwelling units, including 2 ADU's, attached or detached. Even more compelling, recent updates under Home In Tacoma Phase 1 and state legislation open the door to lot flexibility and the potential for separate ownership of individual units. Developers will appreciate the potential to create new lots with a minimum size of just 2,500 sqft, as well as reduced setbacks including a possible 10-foot front setback (East side), maximizing buildable space. With the possibility of a Short Plat subdivision, this site could support up to twelve units, making it a standout investment opportunity. The property's unique topography adds both value and appeal. Steep slopes to the North and West provide natural privacy, environmental protection benefits, and a beautiful tree canopy setting. Infrastructure is already within reach, with sewer access on the West side, storm systems on E 46th St, and power and water readily available. With flexible access options from the East, thoughtful site planning possibilities, and strong development potential, this property is a rare find.
Location
State WA
County Pierce
Area 58 - Southeast Tacoma
Interior
Fireplace false
Exterior
Utilities Available Electricity Available
View Y/N No
Building
Lot Description Alley, Dead End Street, Open Space
Sewer Available
Water Available
Schools
Middle Schools Stewart
High Schools Lincoln High
School District Tacoma
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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