Listed by Weichert Realtors Premier Prop
$1,500,000
$100K PRICE DROP

2155 Martin Luther King Junior Way Tacoma, WA 98405

Hilltop Neighborhood

Estimated payment $8,620/month

Total Views 12,745
0.34 Acre
$4,370,629 Price per Acre
14,950 Sq Ft Lot

Highlights

  • Views of a Sound
  • 0.34 Acre Lot
  • No HOA
  • Stadium High School Rated A-
  • Corner Lot
  • 2-minute walk to Edna Travis Park

About This Lot

This is an exciting opportunity to develop a prime mixed-use lot in Tacoma's Hilltop neighborhood! The property includes 3 parcels, with the two cleared lots already having completed Phase 1-4 enviro work, which means no further action is required from the Department of Ecology—saving you significant time and money. The lot is zoned NCX allowing for a 45' building height with bonus height easily obtainable. From this height you can enjoy stunning 360° views, stretching from Mt. Rainier to the Olympic Mountains. Located just steps away from the newly finished LINK light rail, and two blocks from St. Joseph Hospital, this location is perfect for a development that takes advantage of the growing transit-oriented infrastructure in the area.

Listing Agent

Eric Crittendon

Weichert Realtors Premier Prop License #56721 Listed on: 01/21/2025

Weichert Realtors Premier Prop

Co-Listing Agent

Heather Crittendon

Weichert Realtors Premier Prop License #27299

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2318537

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,535

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 115x130
  • Corner Lot
  • Level Lot
  • 768500-181-0,768500-182-0
  • Zoning described as Commercial,Multi-Family,Office,Retail

Property Views

  • Views of a Sound
  • Mountain
  • Territorial

Listing and Financial Details

  • Assessor Parcel Number 7685001800

Community Details

Overview

  • No Home Owners Association
  • Hilltop Subdivision

Recreation

  • Community Playground
  • Park

Property Details

Property Type

Land

Est. Annual Taxes

$7,535

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 42 - Multi-Family
  • MLS Status: Active
  • Prev Status: Active
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Multi-Family, Office, Retail
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • View: Mountain(s), Sound, Territorial
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Multi Family
  • RoadInformation: Paved
  • WaterJurisdiction: Tacoma

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: On Property
  • Water Source: Available, In Street, On Property
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: Yes
  • Utilities: Electricity Connected, Natural Gas Available
  • ElectricityStatus: On Property
  • GasStatus: On Property

Condo/Co-op/Association

  • Community Features: Park, Playground
  • Senior Community: No
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Tacoma
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 7685001800
  • Topography: Level
  • Lot Size Acres: 0.3432
  • Lot Size: 115x130
  • Lot Size Sq Ft: 14950
  • Additional Parcels Description: 768500-181-0,768500-182-0
  • Zoning Description: Commercial,Multi-Family,Office,Retail
  • Zoning: NCX
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Pierce County
  • ZoningJurisdiction: City

Tax Info

  • Year: 2024
  • Tax Annual Amount: 7535

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Price Changed $1,500,000 -6.3% --
01/21/2025 01/21/25 For Sale $1,600,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2318537

Northwest Multiple Listing Service (NWMLS)