$799,000
Est. $4,426/mo2302 S G Street #1-13, Tacoma, WA 98405
• Listed Oct 15, 2026•5 days active · 5 cumulative
Listing Broker: Skyline Properties, Inc.; Donna Marshall; 425-422-0954; mdonnam44@gmail.com
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Listing Broker: Skyline Properties, Inc.; Donna Marshall; 425-422-0954; mdonnam44@gmail.com
About this home
Fully Approved 13-Unit Development Opportunity | Tacoma Shovel-ready infill project with zero entitlement risk. City building & site development permits are fully approved—just pay issuance fees, attend one pre-con meeting, and pull permits to break ground.Project Highlights:• Lot: 4,563 SF corner parcel at S G & S 23rd St; Downtown Residential (DR) zoning, zero yard setbacks & alley access • Program: 13 units (4 studios, 9 one-bedrooms) totaling 6,244 net SF • Structure: 4-story Type VA wood-frame, R-2 occupancy, NFPA 13R fire suppression • Permits: Approved Graves architectural set (BLDCN23-0082, SDEV23-0391, WO23-0145) • Tax Advantage: Eligible for Tacoma’s 12-Year MFTE property tax exemption, boosting stabilized NOI The Numbers: • Hard costs track well below King County at ~$210–$255/gross SF • Strong demand from UW Tacoma, MultiCare, Port of Tacoma & JBLM • Projected gross rent: $20,500–$22,500/mo at ~95% occupancy (Studios: $1,250–$1,400 | 1-BD: $1,550–$1,850)Entitlement Risk Removed: Architectural review, SEPA, civil engineering, and city planning cycles are complete. Eliminate the soft-cost burn and step directly into vertical execution.Mminutes from the Tacoma Dome and Downtown core. Quick access to I-5, Hwy 16, the Tacoma Link Light Rail extensions, and the Sounder Train at Tacoma Dome Station. 1–2 miles of University of Washington Tacoma (UWT), MultiCare Tacoma General Hospital, St. Joseph Medical Center.Walkable urban hub.permitted plans included in price
Listed by Donna Marshall • Skyline Properties, Inc.
Listing updated: October 16, 2026 at 07:21am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2594232
Around this home
How much should you offer?
2302 S G Street #1-13, Tacoma, WA 98405
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
- Buyer To VerifyPublic · Grades Elementary—
- Buyer To VerifyPublic · Grades Middle—
- Buyer To VerifyPublic · Grades High—
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
- 0.1 acres
- Lot square feet
- 4,563 sq ft
- Topography
- Sloped
- Lot number
- 32
- Block
- 4
- Lot details
- Corner Lot, Curbs, Paved, Sidewalk
Zoning & use
- Zoning code
- DR
- Zoning description
- Multi-Family
- Zoning jurisdiction
- City
- Possible use
- Multi-Family
Utilities
- Utilities
- Electricity Available, Natural Gas Available
- Electricity
- In Street
- Gas
- Available
- Water
- In Street
- Sewer
- In Street
Road & access
- Road surface
- Paved
- Road information
- Paved
Surveys & reports
- Sketch submitted
- Yes
Water & irrigation
- Waterfront
- No
- Irrigation water rights
- No
Taxes & assessment
- 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 2302 S G Street #1-13
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.
- Oct 15, 2026ListedNWMLS via MLS Grid · #2594232$799,000
- May 6, 2022SoldNWMLS via MLS Grid · #1912015$275,000
- May 4, 2022PendingNWMLS via MLS Grid · #1912015$349,950
- Apr 15, 2022ListedNWMLS via MLS Grid · #1912015$349,950
- Nov 8, 2016Recorded salePierce County recorder · Statutory warranty deed$120,000
Down payment assistance
6 programs may be available to provide you with up to $55,000 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
$5,225 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
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Listing Broker: Skyline Properties, Inc.; Donna Marshall; 425-422-0954; mdonnam44@gmail.com
Market pulse
Tacoma is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 61 days.
Recent sales nearby
Within 1 mile · last 6 months$439,500 Sold
1 day ago
3 bd•2.5 ba•~1,560 sq ft•Single Family
1912 Martin Luther King Jr Way, Tacoma, WA 98405
0%
Over list
158
Days on market
0.3 mi
Distance
$305,000 Sold
1 week ago
2 bd•1 ba•~760 sq ft•Single Family
1916 Martin Luther King Jr Way, Tacoma, WA 98405
2%
Over list
123
Days on market
0.4 mi
Distance
$660,000 Sold
3 weeks ago
•Single Family
1522 S M Street, Tacoma, WA 98405
3%
Under list
36
Days on market
0.6 mi
Distance
$510,000 Sold
3 weeks ago
3 bd•2 ba•~1,204 sq ft•Single Family
1255 S Grant Avenue, Tacoma, WA 98405
0%
Over list
55
Days on market
0.9 mi
Distance
$420,000 Sold
5 weeks ago
3 bd•1 ba•~1,116 sq ft•Single Family
1514 S L Street, Tacoma, WA 98405
1%
Over list
31
Days on market
0.6 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 Oct 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 October 20, 2026 at 8:29 AM 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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© 2026 Northwest Multiple Listing Service. All rights reserved.
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