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Listed by:William E. Johnson • Bill Johnson
$ 499,950
Est. payment | /mo
1.04 Acres Lot
$ 499,950
Est. payment | /mo
1.04 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Tacoma
MLS Listing ID 2494452
Style 41 - Res-Over 1 Acre
Lot Size 1.036 Acres
Property Sub-Type Land
Property Description
Centrally located 1.03-acre development site in Tacoma's Madrona neighborhood with easy access to major highways. Zoned UR-3 (Mid-Scale Urban Residential), Zoning allows for up to ~120 units with density bonuses, providing significant upside. Buyer to verify development potential. 3/15/2026 Feasibility and geotechnical studies completed. Current concept: 36 two-bedroom units with garages (see attached renderings), approx. 1,130–1,330 sq. ft.
Location
State WA
County Pierce
Area 49 - South Tacoma
Interior
Fireplace false
Exterior
Utilities Available Electricity Connected, Natural Gas Available
View Y/N No
Building
Sewer In Street
Water In Street
Schools
School District Tacoma
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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