$229,000
Est. $1,160/mo421 E 46th Street, Tacoma, WA 98404
• Listed 2026-04-14•60 days on market
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Based on information submitted to the MLS GRID as of April 14, 2026 at 03:04pm (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.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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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: April 14, 2026 at 03:04pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2496133
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (2)
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Open Sun, Jun 14 +5
Open Sun, Jun 14 +5$343,000
+$114,000 over list price
Nearby comparable homes
RexMont uses 4 strongest recent nearby sales, priced between $246K and $400K.
Rental earnings
$1,025/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$400,000Last sold price
1431 E 40th Street, Tacoma, WA 98404
$347,000Last sold price
3529 E F Street, Tacoma, WA 98404
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.
421 E 46th Street, Tacoma, WA 98404
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.
Neighborhood mobility
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Tacoma is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 12 days.
$450,000 Sold
3 weeks ago
3 bd•1 ba
808 E 46th Street, Tacoma, WA 98404
0%
Over list
—
Days on market
0.3 mi
Distance
$1,150,000 Sold
4 months ago
•Single Family
3602 Mckinley Avenue, Tacoma, WA 98404
12%
Under list
—
Days on market
0.7 mi
Distance
$425,000 Sold
4 months ago
3 bd•1 ba•~1,140 sq ft•Single Family
805 E 58th Street, Tacoma, WA 98404
3%
Under list
—
Days on market
0.8 mi
Distance
$440,000 Sold
4 months ago
5 bd•2 ba•~1,204 sq ft•Single Family
831 E 56th Street, Tacoma, WA 98404
11%
Under list
—
Days on market
0.7 mi
Distance
$440,000 Sold
4 months ago
•Single Family
831 E 56th Street, Tacoma, WA 98404
11%
Under list
—
Days on market
0.7 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 Jun 2026
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.
