About 2502 S 40th Street
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.
Features of 2502 S 40th Street
| MLS® # | 2390249 |
|---|---|
| List Price | $549,000 |
| Sale Price | $549,000 |
| Price Per SqFt | $414 |
| Bedrooms | 2 |
| Bathrooms | 1.5 |
| Full Baths | 1 |
| Half Baths | 1 |
| Square Footage | 1,326 |
| Acres | 0.45 |
| Year Built | 1917 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Traditional |
| Status | Sold |
Community Information
| Address | 2502 S 40th Street |
|---|---|
| Area | 48 - South Tacoma |
| Subdivision | Tacoma Mall |
| City | Tacoma |
| County | Pierce |
| State | WA |
| Zip Code | 98409 |
Amenities
| Parking Spaces | 2 |
|---|---|
| Parking | Detached Garage |
| Garage Spaces | 2 |
| Is Waterfront | No |
Interior
| Interior Features | Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace, Water Heater |
|---|---|
| Appliances | Dishwasher(s), Refrigerator(s), Stove(s)/Range(s) |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Wood Burning |
Exterior
| Exterior Features | Wood |
|---|---|
| Lot Description | Paved, Secluded, Value In Land |
| Foundation | Pillar/Post/Pier, Poured Concrete |
School Information
| District | Tacoma |
|---|---|
| Elementary | Reed |
| Middle | Giaudrone Mid Sch |
| High | Foss |
Additional Information
| Days on Market | 45 |
|---|---|
| Cumulative Days on Market | 45 |
| Days on Website | 76 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |