About this home

New on Market Old Tacoma Development Opportunity They’re not making any new land in Old Tacoma. Here’s your chance ! In Old Town Tacoma a rare opportunity to own an oversized corner lot with breathtaking views of Commencement Bay. The recent UR-2 zoning allows for remarkable flexibility, enabling you to * build a single-family home with an ADU or DADU * subdivide the property * explore the potential for townhomes * Or build multi-family housing Just blocks from Ruston Way and the waterfront, this prime location offers convenient access to wine bars, coffee shops, restaurants, and the beach—all within a short distance. Unlike other lots in North Tacoma, this one is nearly impossible to find. With the city’s transformation well underway, now is the ideal time to invest in this exceptional property.

Schools

Elementary

Lowell

Middle

Hilltop Heritage Middle

High

Stadium

Property details

View: City, Islands, Sound, Territorial
Lot: Alley, Paved, Sidewalk
Water source: In Street
Sewer: In Street
Utilities: Electricity Available, Natural Gas Available

Costs

Annual taxes: $5,143 (2026)

Estimate your monthly payment

$4,398/mo

Principal & interest: $3,969
Property taxes: $429

Down payment (20%) $156,990 Interest rate (%) Loan term (years)

Loan amount $627,960

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Tacoma, WA 98403

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Better Properties N. Proctor— Joe Carbajal.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

Interested in this home?

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