Prime development opportunity in Tacoma's rapidly evolving Hilltop Business District. The site is conveniently located 500ft from the new Hilltop Light Rail Station and near the expanding downtown Tacoma core. This offering includes two adjacent parcels totaling 0.229 acres zoned NCX (Neighborhood Commercial Mixed-Use) providing flexible options for residential, multifamily, or mixed-use development, subject to City of Tacoma approval. NCX zoning supports urban infill development and encourages a wide range of housing types, making this an ideal site for builders and developers seeking density in a high-demand urban corridor. Example development concepts for the site could include a 4-6 unit townhome project with modern stacked or rowhouse-style units, a small to midsize 10-20 unit apartment building with studio and 1-2 bedroom layouts, a live-work style building with potential ground-floor commercial or creative space and residential units above, or a boutique missing-middle multifamily project such as courtyard-style flats or walk-up apartments. The property is located within an active transit development corridor with multiple large-scale projects underway in the area. The New Bates Technical College Downtown campus as well as the new State of the Art Mary Bridge Children's Hospital are only a couple of the new additions to the neighborhood. These new additions provide strong rental demand from students, staff, and the surrounding workforce population.
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Zillow last checked:
Listing updated:
Listed by:
Nicole Oliver,
PNW Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2517893
Facts & features
Interior
Features
Has fireplace: No
Interior area
Total structure area: 0
Property
Features
Has view: Yes
View description: City
Lot
Size: 9,975 Square Feet
Features: Sidewalk
Topography: Level
Details
Parcel number: 2011190080
Zoning: NCX
Zoning description: Commercial,Multi-Family,Residential,Retail,Jurisdiction: City
Special conditions: Standard
Utilities & green energy
Electric: In Street
Gas: Not Available
Sewer: In Street
Water: In Street
Utilities for property: Electricity Available
Community & HOA
Community
Subdivision: Central Tacoma
Location
Region: Tacoma
Financial & listing details
Date on market: 5/3/2026
Cumulative days on market: 80 days
Listing terms: Conventional
Road surface type: Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,716/mo
Price history
Date
Event
Price
6/12/2026
Price change
$419,000-6.7%
Source: NWMLS as distributed by MLS GRID #2517893Report a problem
5/5/2026
Listed for sale
$449,000
Source: NWMLS as distributed by MLS GRID #2517893Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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