$750,000
Est. $3,932/mo2 bd•1 ba•960 sq ft
1909 S Yakima Avenue, Tacoma, WA 98405
• Listed 2026-06-02•New today
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Investor Alert! Exceptional opportunity with TAC mixed-use zoning offering endless potential for multifamily, commercial, or mixed-use development. This is Downtown Residential allowing for 90ft building height!! The alley is about one level lower than Yakima Ave, it is well suited for an apartment or condo complex development with under building parking. This rare property includes two parcels, giving investors and developers the flexibility to develop one parcel or maximize the potential of both. Ideally located near downtown with quick freeway access, this prime location offers convenience, visibility, and strong future growth potential. Whether you’re planning apartments, retail, office space, or a mixed-use project, the zoning and location create a wide range of possibilities. Utilities and infrastructure nearby make this an attractive option for your next investment project. Don’t miss this chance to secure a versatile development opportunity in a rapidly growing area!
Listed by Riley Craig Holder • Windermere Prof Partners
Listing updated: June 3, 2026 at 05:01am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2530687
Open houses
No upcoming open houses scheduled for this property.
Schools shown are the nearest public Elementary, Middle, and High school for this property. School district boundaries change — verify the assigned school with the district before purchasing.
5 recent nearby sales, priced between $359K and $390K.

$380,000Last sold price
2182 Yakima Avenue, Tacoma, WA 98405

$369,950Last sold price
2426 Yakima Court, Tacoma, WA 98405

$359,000Last sold price
2123 S Cushman Avenue, Tacoma, WA 98405
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$4,770 per month
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A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Tacoma is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: Sale-vs-list ratio data not available for this area.
Time on market: The average home goes pending in around 29 days.
$480,000 Sold
2 weeks ago
3 bd•1.5 ba•~1,558 sq ft•Single Family
2367 Yakima Court, Tacoma, WA 98405
2%
Under list
—
Days on market
0.3 mi
Distance
$215,000 Sold
5 weeks ago
•Single Family
705 S 9th Street #201, Tacoma, WA 98405
0%
Over list
—
Days on market
0.8 mi
Distance
$630,000 Sold
5 weeks ago
•Single Family
1610 S 23rd Street, Tacoma, WA 98405
1%
Under list
—
Days on market
0.7 mi
Distance
$402,000 Sold
5 weeks ago
5 bd•2 ba•~1,952 sq ft•Single Family
1807 S L Street, Tacoma, WA 98405
1%
Over list
—
Days on market
0.3 mi
Distance
$529,000 Sold
7 weeks ago
5 bd•1 ba•~2,356 sq ft•Single Family
618 S 15th, Tacoma, WA 98405
0%
Over list
—
Days on market
0.3 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 via HouseCanary · Updated Jun 2026
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 3, 2026 at 11:15 AM PDT (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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