$549,000
2 bd•1.5 ba•1,326 sq ft
2502 S 40th Street, Tacoma, WA 98409
• Listed 2025-06-12
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Prime development opportunity in Tacoma! Just shy of half an acre and zoned UCX (Urban Center Mixed-Use), this secluded property offers endless potential for multi-family housing or apartment construction in one of the city's fastest-growing areas. Conveniently located near transit, shopping, dining, and major employers, this lot is primed for future growth. The UCX zoning allows for higher density and a range of residential and commercial uses—don’t miss your chance to invest in Tacoma’s growing urban core! An existing home and shop on the property provides immediate rental income potential while you finalize your development plans.
Listed by Gary Ellis • Keller Williams Rty Tacoma
Listing updated: August 31, 2025 at 04:05am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2390249
Open houses
No upcoming open houses scheduled for this property.
$467,000
-$82,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $390K and $580K.
Rental earnings
$1,400/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$549,000Last sold price
2502 S 40th Street, Tacoma, WA 98409
$580,000Last sold price
3510 S 40th Street #1-3, Tacoma, WA 98409
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
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Tacoma School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
