2 BUILDABLE LOTS~ ZONED UR1 GIVES THIS PROPERTY MANY BUILDING OPTIONS!!! Bring your builder and vision! Rare opportunity to purchase two adjoining lots (322 & 324 E 40th St) being sold together, offering incredible potential under updated zoning allowances. Ideal for investors, builders, or homeowners looking to create custom homes, multi-unit development, or a private compound. Utilities are ready with power and water installed, plus sewer available at the street. Situated at the end of the road, this partially fenced property provides a desirable setting with added privacy. Conveniently located close to downtown (approx 3 miles) and multiple transit options, Seattle. (Amtrak, Sounder Train, Express buses, Pierce Transit, Greyhound). They are all at the Tacoma Dome near shopping, dining, and easy access to I-5, making it a prime location for future development or personal use. Buyer and buyer’s agent to verify all information to their own satisfaction, including zoning and development potential. Please contact your real estate agent prior to walking the property. 3rd lot available 328 E 40TH St.-Parcel 7470014218.
John L. Scott, Inc.License #27880Listed on: 03/28/2026
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2499063
Property Details
Property Type
Land
Lot Details
5,525 Sq Ft Lot
Open Space
Street terminates at a dead end
Level Lot
Zoning described as Multi-Family,Retail
Additional Features
Territorial Views
Sewer in Street
Community Details
No Home Owners Association
Se Tacoma Subdivision
Listing and Financial Details
Tax Lot 2
Assessor Parcel Number 7470014217
Property Details
Property Type
Land
Lot Details
5,525 Sq Ft Lot
Listing Details
Property Type: Land
Property Sub Type: Land
StyleCode: 40 - Res-Less thn 1 Ac
MLS Status: Active
Prev Status: Active
CalculatedSquareFootage: 0
SeniorExemption: false
PropertyFeatures: Corners Flagged
Restrictions: See Remarks
Special Features: VirtualTour
Interior Features
Possible Use: Multi-Family, Retail
Fireplace: No
SquareFootageFinished: 0
SquareFootageUnfinished: 0
BathsFullUpper: 0
BathsHalfUpper: 0
BathsThreeQuarterUpper: 0
BedroomsUpper: 0
Exterior Features
View: Territorial
Lot Features: Dead End Street, Open Space, Paved
Road Surface Type: Paved
View: Yes
Waterfront: No
Structure Type: Unspecified
RoadInformation: Paved
WaterJurisdiction: TPU
Garage/Parking
Carport Y N: No
Utilities
Sewer: In Street
Water Source: On Property
Cooling Y N: No
Heating Yn: No
Electricity On Property: Yes
Utilities: Electricity Connected
ElectricityStatus: On Property
GasStatus: Not Available
Condo/Co-op/Association
Senior Community: No
Association: No
Schools
Junior High Dist: Tacoma
High School: Buyer To Verify
Middle Or Junior School: Buyer To Verify
Lot Info
Parcel Number: 7470014217
Topography: Level
Lot Size Acres: 0.1268
Lot Size Sq Ft: 5525
Zoning Description: Multi-Family,Retail
Zoning: R1
Irrigation Water Rights: No
ShowMapLink: true
MLSLotSizeSource: Seller
ZoningJurisdiction: County
LotNumber: 2
Tax Info
Year: 2026
MLS Schools
Elementary School: Buyer To Verify
Map
Range of Values:
--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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
$2,859
$135,500
$135,500
--
2024
$2,859
$88,800
$88,800
--
2023
$2,859
$256,500
$256,500
$0
2022
$181
$247,000
$247,000
$0
2021
$148
$11,000
$11,000
$0
2019
$105
$9,200
$9,200
$0
2018
$362
$7,400
$7,400
$0
2017
$607
$45,400
$45,400
$0
2016
$581
$33,600
$33,600
$0
2014
$499
$33,200
$33,200
$0
2013
$499
$29,100
$29,100
$0
Source: Public Records
Property History
Date
Event
Price
List to Sale
Price per Sq Ft
Prior Sale
04/07/202604/07/26
Price Changed
$364,000
-4.0%
--
03/28/202603/28/26
For Sale
$379,000
+64.8%
--
03/26/202403/26/24
Sold
$230,000
0.0%
--
View Prior Sale
01/26/202401/26/24
Pending
--
--
--
01/19/202401/19/24
For Sale
$230,000
0.0%
--
09/05/202309/05/23
Pending
--
--
--
05/08/202305/08/23
Price Changed
$230,000
-8.0%
--
02/28/202302/28/23
Price Changed
$250,000
-7.4%
--
02/25/202302/25/23
For Sale
$270,000
0.0%
--
01/26/202301/26/23
Pending
--
--
--
12/30/202212/30/22
For Sale
$270,000
--
--
Source: Northwest Multiple Listing Service (NWMLS)
Representation: I take pride in offering high-caliber full-service residential real estate expertise. My clients are my top priority, and I focus on delivering the best possible results for them. Expertise: The real estate market is hyperlocal, seasonal and temperamental—in other words, it can change on a dime. Technology has made information more accessible to everyone, but it can be difficult to keep up with recent events that affect home values. The benefits of working with a
2 BUILDABLE LOTS ~ ZONED UR1 GIVES THIS PROPERTY MANY BUILDING OPTIONS!!! Bring your builder and vision! Rare opportunity to purchase two adjoining lots (322 & 324 E 40th St) being sold together, offering incredible potential under updated zoning allowances. Ideal for investors, builders, or homeowners looking to create custom homes, multi-unit development, or a private compound. Power on the
ZONED UR1 GIVES THIS PROPERTY MANY BUILDING OPTIONS!!! Bring your builder and vision! Rare opportunity to purchase two adjoining lots (322 & 324 E 40th St) being sold together, offering incredible potential under updated zoning allowances. Ideal for investors, builders, or homeowners looking to create custom homes, multi-unit development, or a private compound. Utilities in the street. Situated
ZONED UR1 GIVES THIS PROPERTY MANY BUILDING OPTIONS!!! Opportunity is knocking to own a lot with public utilities!Unlock a rare opportunity to own adjoining in-town vacant lots—purchase one, two, or all three to create your dream setup. Whether you're envisioning a private compound, building your custom home with room to expand, or developing and selling additional lots, the possibilities here
ZONED UR1 GIVES THIS PROPERTY MANY BUILDING OPTIONS!!! Opportunity is knocking to own a lot with public utilities!Unlock a rare opportunity to own adjoining in-town vacant lots—purchase one, two, or all three to create your dream setup. Whether you're envisioning a private compound, building your custom home with room to expand, or developing and selling additional lots, the possibilities here
ZONED UR1 GIVES THIS PROPERTY MANY BUILDING OPTIONS!!! Opportunity is knocking to own a lot with public utilities!Unlock a rare opportunity to own adjoining in-town vacant lots—purchase one, two, or all three to create your dream setup. Whether you're envisioning a private compound, building your custom home with room to expand, or developing and selling additional lots, the possibilities here
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Susan WoodJohn L. Scott Real Estate
Source: Northwest Multiple Listing Service (NWMLS)
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