South Tacoma Land for Sale

South Tacoma Land for Sale

Welcome to South Tacoma, a vibrant neighborhood nestled in the heart of Tacoma, Washington. Known for its rich history and eclectic charm, South Tacoma offers a unique blend of urban convenience and suburban tranquility. With its diverse community, you’ll find a welcoming atmosphere that fosters connection and camaraderie among residents.

One of the standout features of South Tacoma is its accessibility. Located just minutes from downtown Tacoma, residents enjoy a quick commute to local businesses, dining, and entertainment options. The area boasts a variety of parks, including the popular South Tacoma Community Center, where families can engage in recreational activities or simply unwind in nature. The neighborhood is also home to a thriving arts scene, with local galleries and cultural events that celebrate the creativity of its residents.

For those looking to invest in their future, South Tacoma presents an exciting opportunity with land for sale. Imagine the possibilities of building your dream home in this charming community, where you can enjoy the perfect balance of urban life and serene living. With ample space to design your ideal property, you can create a sanctuary that reflects your personal style while being part of a supportive neighborhood.

Whether you’re a first-time homebuyer, an investor, or simply seeking a new adventure, South Tacoma is a hidden gem waiting to be discovered. Don’t miss out on the chance to be part of this dynamic community and make your mark in one of Tacoma’s most promising areas. Explore the available land for sale today and start envisioning your future in South Tacoma!

Newest South Tacoma Land for Sale

2302 S G Street Unit #1-13, Tacoma
$799,000
2594232 MLS ⋅ ACTIVE Status
Fully Approved 13-Unit Development Opportunity | Tacoma Shovel-ready infill project with zero entitlement risk. City building & site development permits are fully approved—just pay issuance fees, attend one pre-con meeting, and pull permits to break ground.Project Highlights:• Lot: 4,563 SF corner parcel at S G & S 23rd St; Downtown Residential (DR) zoning, zero yard setbacks & alley access • Program: 13 units (4 studios, 9 one-bedrooms) totaling 6,244 net SF • Structure: 4-story Type VA wood-frame, R-2 occupancy, NFPA 13R fire suppression • Permits: Approved Graves architectural set (BLDCN23-0082, SDEV23-0391, WO23-0145) • Tax Advantage: Eligible for Tacoma’s 12-Year MFTE property tax exemption, boosting stabilized NOI The Numbers: • Hard costs track well below King County at ~$210–$255/gross SF • Strong demand from UW Tacoma, MultiCare, Port of Tacoma & JBLM • Projected gross rent: $20,500–$22,500/mo at ~95% occupancy (Studios: $1,250–$1,400 | 1-BD: $1,550–$1,850)Entitlement Risk Removed: Architectural review, SEPA, civil engineering, and city planning cycles are complete. Eliminate the soft-cost burn and step directly into vertical execution.Mminutes from the Tacoma Dome and Downtown core. Quick access to I-5, Hwy 16, the Tacoma Link Light Rail extensions, and the Sounder Train at Tacoma Dome Station. 1–2 miles of University of Washington Tacoma (UWT), MultiCare Tacoma General Hospital, St. Joseph Medical Center.Walkable urban hub.permitted plans included in price

2302 S G Street Unit #1-13, Tacoma

Listing Broker: Skyline Properties, Inc.; Donna Marshall; 425-422-0954; mdonnam44@gmail.com

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