South Tacoma Land for Sale

South Tacoma Land for Sale

Welcome to South Tacoma, a vibrant neighborhood nestled in the heart of Tacoma, Washington, in Pierce County. Known for its rich history and diverse community, South Tacoma offers a perfect blend of urban convenience and suburban charm. Here, you’ll find a welcoming atmosphere with tree-lined streets, local parks, and a variety of shops and restaurants that cater to every taste.

One of the standout features of South Tacoma is its accessibility. With major highways and public transportation options nearby, commuting to downtown Tacoma or even Seattle is a breeze. Residents enjoy the convenience of nearby amenities, including grocery stores, schools, and healthcare facilities, making daily life both easy and enjoyable.

Nature lovers will appreciate the proximity to parks and recreational areas. The scenic South Tacoma Community Center offers sports facilities, walking trails, and playgrounds, perfect for families and outdoor enthusiasts. Additionally, the nearby Wapato Park provides a peaceful retreat with its lush greenery and serene lake, ideal for picnics and leisurely strolls.

For those looking to invest in property, South Tacoma presents an exciting opportunity with land for sale. This area is ripe for development, offering potential buyers a chance to create their dream home or invest in rental properties. With a growing community and an array of amenities, South Tacoma is an attractive choice for both first-time homebuyers and seasoned investors alike.

Explore the possibilities in South Tacoma, where a vibrant lifestyle and promising real estate opportunities await you!

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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