$1,600,000
For Sale

2147 -2155 Martin Luther King Jr Way

Tacoma, WA 98405
Listing OfficeWeichert Realtors Premier Prop
Browse 15 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

This is an exciting opportunity to develop a prime mixed-use lot in Tacoma's Hilltop neighborhood! The property includes 3 parcels, with the two cleared lots already having completed Phase 1-4 enviro work, which means no further action is required from the Department of Ecology—saving you significant time and money. The lot is zoned NCX allowing for a 45' building height with bonus height easily obtainable. From this height you can enjoy stunning 360° views, stretching from Mt. Rainier to the Olympic Mountains. Located just steps away from the newly finished LINK light rail, and two blocks from St. Joseph Hospital, this location is perfect for a development that takes advantage of the growing transit-oriented infrastructure in the area.

  • Property Details
      • Lot DescriptionAlley, Corner Lot, Curbs, Paved, Sidewalk
      • Utility FeaturesElectricity Connected, Natural Gas Available
      • Utility SourceAvailable, In Street, On Property
      • ViewMountain(s), Sound, Territorial
      • Style42 - Multi-Family
      • Date ListedJanuary 21, 2025
      • Elementary SchoolBuyer To Verify
      • Middle SchoolBuyer To Verify
      • High SchoolBuyer To Verify
      • Structure TypeMulti Family
      • Sewer InformationOn Property
      • Original List Price$1,600,000
      • Property TypePurchase
      • SubdivisionHilltop
      • MLS #2318537
      • Cost1600000
      • MLS #2318537
      • Acres0.3432
      • School DistrictTacoma
      • CountyPierce
      • Taxes Annual$7,535
      • Property SubtypeLand
      • Days on Market (Cumulative)9
Caitlin SpenceReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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