Five contiguous parcels in mixed-use RCX zoning, ready for your vision! Power, water, sewer, and gas utilities are already present on site. Zoning allows for up to 60 feet of building height. 150 feet of frontage on Yakima Ave. Rear alley access. Potential for mountain, city, and water views. According to the City of Tacoma planning department, over 100 units could potentially be built on this property, and Yakima Ave location reduces parking requirements (buyer to verify). Multifamily housing tax credit means NO property taxes on any residential improvements for 8-20 years, depending on builder preference. Further potential tax savings with Opportunity Zone location.
Sold
Listed by: Windermere Prof Partners • Anders Ibsen
Bought with: Windermere Prof Partners
$1,400,000
1512 -1520 Yakima Avenue S, Tacoma, WA 98405
--beds
--baths
0.41Acres
Unimproved Land
Built in ----
0.41 Acres Lot
$-- Zestimate®
$--/sqft
$2,975 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,975/mo
Zestimate® history
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Gas utilities
Zillow last checked:
Listing updated:
Listed by:
Anders Ibsen,
Windermere Prof Partners
Bought with:
Anders Ibsen, 21033248
Windermere Prof Partners
Source: NWMLS as distributed by MLS GRID,MLS#: 2137698
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Features
- Has view: Yes
- View description: Bay, City, See Remarks, Territorial
- Has water view: Yes
- Water view: Bay
Lot
- Size: 0.41 Acres
- Dimensions: 150' frontage on Yakima Ave x 120'
- Features: Curbs, Paved, Sidewalk
- Topography: Sloped
Details
- Parcel number: 2015160041
- Zoning description: RCX, 60 foot building height,Jurisdiction: City
- Special conditions: Standard
Utilities & green energy
- Electric: On Property
- Gas: On Property
- Sewer: On Property
- Water: On Property, Jurisdiction: Tacoma Public Utilities
- Utilities for property: Natural Gas Available, Electricity Connected
Community & HOA
Community
- Subdivision: Hilltop
Location
- Region: Tacoma
Financial & listing details
- Date on market: 8/10/2023
- Cumulative days on market: 1076 days
- Listing terms: Conventional,See Remarks
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2023 | Sold | $1,400,000-6.7% |
Source:  NWMLS as distributed by MLS GRID #2137698 Report a problem | ||
| 9/1/2023 | Pending sale | $1,500,000 |
Source: NWMLS as distributed by MLS GRID #2137698 Report a problem | ||
| 7/13/2023 | Listed for sale | $1,500,000 |
Source: NWMLS as distributed by MLS GRID #NWM2137698 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: New Tacoma
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Nearby schools
GreatSchools rating
- 3/10Edna Travis ElementaryGrades: PK-5Distance: 0.5 mi
- 3/10Hilltop Heritage Middle SchoolGrades: 6-8Distance: 1.1 mi
- 7/10Stadium High SchoolGrades: 9-12Distance: 1.3 mi
- Washington
- Pierce County
- Tacoma
- 98405
- New Tacoma
- 1512 -1520 Yakima Avenue S
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