Prime Tacoma UR-3 Transit-Oriented Development Opportunity. Rare opportunity to acquire 2 contiguous parcels totaling approximately 21,000 sq ft in Tacoma’s desirable UR-3 Transit-Oriented Development (TOD) zone. Ideally positioned along a major transit and commercial corridor, this site offers exceptional redevelopment potential w/preliminary density estimates of approximately 28 base units & the possibility of up to 72 units through bonus density programs, subject to City approval, site feasibility, MFTE eligibility, parking, stormwater, fire access & other development standards. The property consists of 2 tax lots (15,000 sq ft & 6,000 sq ft) & may be suitable for apartments, condos, townhomes, mixed-use projects, multiplexes & other residential uses allowed under current zoning. Located adjacent to public transit & across from commercial services, restaurants, shopping & daily conveniences, the site offers a highly walkable lifestyle. Future residents may enjoy easy access to transportation, employment centers, retail & dining without relying heavily on personal vehicles. A single-family residence occupies the rear portion of the property & may be remodeled or removed depending on the buyer’s intended use. Value is primarily in the land & its significant development potential. Property addresses: 1219 E 72nd St & 1229 E 72nd St, Tacoma. Outstanding opportunity for developers & investors seeking strong density potential in a growing transit-served location.
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Zillow last checked:
Listing updated:
Listed by:
Lorna Murray,
RE/MAX Equity Group
Source: NWMLS as distributed by MLS GRID,MLS#: 2536502
Facts & features
Interior
Features
Has fireplace: No
Interior area
Total structure area: 0
Property
Lot
Size: 0.48 Acres
Details
Parcel number: 9160000541
Zoning description: Jurisdiction: City
Special conditions: Standard
Utilities & green energy
Electric: On Property
Gas: In Street
Sewer: In Street
Water: In Street
Utilities for property: Electricity Connected, Natural Gas Available
Community & HOA
Community
Subdivision: Tacoma
Location
Region: Tacoma
Financial & listing details
Date on market: 6/6/2026
Cumulative days on market: 61 days
Listing terms: Conventional
Electric utility on property: Yes
Road surface type: Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/29/2026
Price change
$899,900-9.7%
Source: NWMLS as distributed by MLS GRID #2536502Report a problem
6/15/2026
Price change
$997,000-16.9%
Source: NWMLS as distributed by MLS GRID #2536502Report a problem
6/8/2026
Listed for sale
$1,200,000
Source: NWMLS as distributed by MLS GRID #2536502Report 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.
See how much you could borrow to make a competitive offer.
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.