2502 S 40th Street
Tacoma, WA 98409
Map
- – beds
- – baths
- – sqft
- ~1/2 acre lot
Prime development opportunity in Tacoma! Just shy of half an acre and zoned UCX (Urban Center Mixed-Use), this secluded property offers endless potential for multi-family housing or apartment construction in one of the city's fastest-growing areas. Conveniently located near transit, shopping, dining, and major employers, this lot is primed for future growth. The UCX zoning allows for higher density and a range of residential and commercial uses—don’t miss your chance to invest in Tacoma’s growing urban core! An existing home and shop on the property provides immediate rental income potential while you finalize your development plans.
Last checked:
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Last updated Jun 13, 2025
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MLS# 2392070 —
This property is listed in more than one place. See it here.
The Building
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Structure Type:Multi Family
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Improvements:Cable TV Available,Dwelling,Fenced-Partially,Garage
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Building Area Units:Square Feet
Interior
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Fireplace:false
Financial & Terms
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Possession:Closing
Location
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Latitude:47.220763
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Longitude:-122.469806
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Directions:From S 38th St turn on S Steele St towards Mall, 1st Right on S 41st St, continue up hill to the right, go around the corner and it is right at the end of the bend. Will see a mailbox that says 2502.
The Property
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Property Type:Land
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Property Subtype:Land
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Property Features:Partially Cleared
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Parcel Number:4647000080
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Lot Features:Paved, Secluded
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Lot Size Units:Square Feet
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Lot Size Acres:0.4463
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Lot Size SqFt:19440
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Lot Size Source:Assessor
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Zoning Description:Business,Commercial,Multi-Family,Office,Residential,Retail
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Zoning Jurisdiction:City
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Electric On Property:false
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View:City
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View:true
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Waterfront:false
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Topography:See Remarks
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Vegetation:See Remarks
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Soil Feasibility Test:false
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Road Surface:Paved
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Road Information:Paved
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Possible Use:Business, Commercial, Multi-Family, Office, Residential, Retail
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Easements:Road
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Zoning:UCX
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (253) 460-8640
- Office phone:
- (253) 460-8640
Taxes
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Tax Year:2025
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Tax Annual Amount:4229
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Cooling:false
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Heating:false
Utilities
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Utilities:Electricity Available, Septic Design Installed
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Water Jurisdiction:City
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Water Source:Available, In Street
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Sewer:In Street
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Electricity Status:Available
Schools
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Elementary School:Reed
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Middle Or Junior School:Giaudrone Mid Sch
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High School:Foss
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High School District:Tacoma
The Community
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Subdivision Name:Tacoma Mall
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Senior Community:false
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Assessment Fees:See Remarks
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Association:false
Parking
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Parking Features:Garage
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Garage:true
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Carport:false
Listing courtesy of NWMLS / Keller Williams Rty Tacoma
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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6/12/25
Jun 12, 2025
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Pending | NWMLS | $549,000 | |
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6/12/25
Jun 12, 2025
|
Listed / Active | NWMLS | $549,000 |
