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 diverse community, South Tacoma offers a unique blend of urban convenience and suburban charm. This area is characterized by its picturesque streets, local parks, and a variety of dining and shopping options that cater to all tastes.

One of the standout features of South Tacoma is its strong sense of community. Residents take pride in their neighborhood, often coming together for local events and farmers' markets that showcase the talents of local artisans and farmers. The area is also home to several parks, such as South Tacoma Park and the scenic Wapato Park, providing ample opportunities for outdoor activities, family picnics, and leisurely strolls.

For those considering a move, there’s exciting news! Land for sale in South Tacoma presents a fantastic opportunity for buyers looking to invest in a growing area. With its proximity to downtown Tacoma and easy access to major highways, this neighborhood is perfect for both families and professionals. Imagine building your dream home in a location that combines the tranquility of suburban living with the vibrancy of city life.

South Tacoma is also conveniently located near public transportation, making it easy to commute to nearby cities or explore the stunning natural beauty of the Pacific Northwest. Whether you’re looking to build a cozy retreat or a modern family home, South Tacoma's land for sale offers the perfect canvas to create a life you love. Don’t miss out on the chance to be part of this welcoming community!

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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