$229,000
Est. $1,241/mo421 E 46th Street, Tacoma, WA 98404
• Listed Apr 14, 2026•210 days active · 210 cumulative
Listing Broker: Windermere Prof Partners; Bethany Jones; 253-686-3966; bethanyjones@windermere.com
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Listing Broker: Windermere Prof Partners; Bethany Jones; 253-686-3966; bethanyjones@windermere.com
About this home
Don’t miss this rare chance to secure a prime development opportunity. Incredible properties like this are becoming harder to find and won’t stay on the market for long. Spanning an impressive 33,495 sqft, this versatile parcel is primed for your next residential or investment project. Zoned Urban Residential 1 (UR1), it offers exceptional flexibility allowing up to 6 dwelling units, including 2 ADU's, attached or detached. Even more compelling, recent updates under Home In Tacoma Phase 1 and state legislation open the door to lot flexibility and the potential for separate ownership of individual units. Developers will appreciate the potential to create new lots with a minimum size of just 2,500 sqft, as well as reduced setbacks including a possible 10-foot front setback (East side), maximizing buildable space. With the possibility of a Short Plat subdivision, this site could support up to twelve units, making it a standout investment opportunity. The property’s unique topography adds both value and appeal. Steep slopes to the North and West provide natural privacy, environmental protection benefits, and a beautiful tree canopy setting. Infrastructure is already within reach, with sewer access on the West side, storm systems on E 46th St, and power and water readily available. With flexible access options from the East, thoughtful site planning possibilities, and strong development potential, this property is a rare find.
Listed by Bethany Jones • Windermere Prof Partners
Listing updated: October 30, 2026 at 11:05am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2496133
Around this home
How much should you offer?
421 E 46th Street, Tacoma, WA 98404
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Layout
- Multi-Family
Schools
Ratings via SchoolDiggerTacoma School District
- Stewart Middle SchoolPublic · Grades 6-8 · State rank 407 of 5142/10
- Lincoln High SchoolPublic · Grades 9-12 · State rank 339 of 3962/10
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.
Vacant land facts
As entered by the listing broker on Northwest MLS
Lot
- Acres
- 0.77 acres
- Lot square feet
- 33,495 sq ft
- Topography
- Level,Sloped
- Lot details
- Alley, Dead End Street, Open Space
Zoning & use
- Zoning code
- UR1
- Zoning description
- Multi-Family,Residential
- Zoning jurisdiction
- City
- Possible use
- Multi-Family, Residential
Utilities
- Utilities
- Electricity Available
- Electricity
- Available
- Gas
- Not Available
- Water
- Available
- Sewer
- Available
- Septic installed
- No
Road & access
- Road surface
- Gravel
- Road information
- Dirt,Gravel
Surveys & reports
- Survey
- See Supplements
- Sketch submitted
- Yes
- Reports and documents completed
- Topographical
Water & irrigation
- Waterfront
- No
- Irrigation water rights
- No
Taxes & assessment
- Annual taxes
- $1,746
- Tax year
- 2025
- Financing
- Cash, Conventional
- Seller disclosure
- Provided
- Preliminary title ordered
- Yes
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 421 E 46th Street
NWMLS via MLS Grid · Pierce County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Apr 14, 2026ListedNWMLS via MLS Grid · #2496133$229,000
Down payment assistance
6 programs may be available to provide you with up to $15,000 in down payment assistance, depending on your specific information.
Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.
Mortgage payment forecast
$1,444 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: Windermere Prof Partners; Bethany Jones; 253-686-3966; bethanyjones@windermere.com
Market pulse
Tacoma is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 78 days.
Recent sales nearby
Within 1 mile · last 6 months$317,750 Sold
1 week ago
3 bd•1 ba•~1,504 sq ft•Single Family
702 E 51st Street, Tacoma, WA 98404
9%
Under list
31
Days on market
0.4 mi
Distance
$370,000 Sold
2 weeks ago
2 bd•1 ba•~1,035 sq ft•Single Family
1323 E 56th Street, Tacoma, WA 98404
1%
Under list
66
Days on market
1.0 mi
Distance
$387,500 Sold
3 weeks ago
2 bd•1 ba•~768 sq ft•Single Family
918 E 52nd Street, Tacoma, WA 98404
1%
Over list
49
Days on market
0.6 mi
Distance
$400,000 Sold
3 weeks ago
3 bd•3 ba•~1,400 sq ft•Single Family
4029 E J Street, Tacoma, WA 98404
0%
Over list
34
Days on market
0.5 mi
Distance
$344,700 Sold
3 weeks ago
4 bd•2 ba•~1,538 sq ft•Single Family
4301 E F Street, Tacoma, WA 98404
8%
Under list
67
Days on market
0.2 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Nov 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of November 10, 2026 at 6:01 PM PT (date and time MLS GRID Data was obtained). 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 courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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