2120 S J St Tacoma, WA 98405
Hilltop NeighborhoodEstimated payment $5,408/month
About This Lot
Permits in hand multifamily development site available in Tacoma, just up the street from UW Tacoma and only a 4-minute drive to downtown. The light rail is just two blocks away, offering excellent transit access. The project is fully permitted for 20 one-bedroom apartments averaging 450 square feet each and is qualified for the 12-year Multifamily Tax Exemption (MFTE), providing significant long-term property tax savings. The site offers excellent views of Mount Rainier and the Tacoma skyline, making it a rare opportunity to build immediately in a prime location near major employers, transit, and amenities in a growing urban market. Renderings are of the project and not what is currently on site. Building plans are available.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2369857
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,244
Lot Details
- 8,125 Sq Ft Lot
Community Details
- No Home Owners Association
- Hilltop Subdivision
Listing and Financial Details
- Assessor Parcel Number 7685001540
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,244 | $496,200 | $251,000 | $245,200 |
| 2024 | $5,244 | $500,300 | $243,600 | $256,700 |
| 2023 | $5,244 | $471,100 | $230,700 | $240,400 |
| 2022 | $4,988 | $518,400 | $234,400 | $284,000 |
| 2021 | $4,554 | $362,300 | $121,400 | $240,900 |
| 2019 | $3,886 | $340,300 | $96,500 | $243,800 |
| 2018 | $3,942 | $299,000 | $84,600 | $214,400 |
| 2017 | $2,702 | $249,500 | $61,600 | $187,900 |
| 2016 | $2,981 | $182,300 | $43,200 | $139,100 |
| 2014 | $2,663 | $171,400 | $44,500 | $126,900 |
| 2013 | $2,663 | $162,000 | $44,500 | $117,500 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/02/2025 05/02/25 | For Sale | $899,999 | +111.8% | -- |
| 09/30/2021 09/30/21 | Sold | $425,000 | -2.3% | $227 / Sq Ft |
| 08/18/2021 08/18/21 | Pending | -- | -- | -- |
| 08/09/2021 08/09/21 | Price Changed | $435,000 | -3.3% | $233 / Sq Ft |
| 07/30/2021 07/30/21 | Price Changed | $450,000 | 0.0% | $241 / Sq Ft |
| 07/30/2021 07/30/21 | For Sale | $450,000 | +3.4% | $241 / Sq Ft |
| 06/22/2021 06/22/21 | Pending | -- | -- | -- |
| 06/11/2021 06/11/21 | For Sale | $435,000 | -- | $233 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $425,000 | Fidelity National Title | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Washington Title Company | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Washington Title Company | |
| Trustee Deed | $89,474 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $118,505 | Washington Title Company | |
| Warranty Deed | $165,000 | -- | |
| Warranty Deed | $51,702 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $0 | New Conventional | |
| Previous Owner | $149,500 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $11,400 | Unknown | |
| Previous Owner | $115,500 | No Value Available | |
| Closed | $41,250 | No Value Available |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2369857
APN: 768500-1540
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
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