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Multi-Family Development Site in Tacoma
For Sale
$3,200,000

13617 A Street South, Tacoma, WA 98445

Development site with approved plan for 98 multi-family units.

Property SizeContact for details
Lot Size3.99 Acres
Days on Market97

Property Features for 13617 A Street South

General Information

Standard status Active
Lot size 3.99 Acres
Property subtype Land

Amenities

0, 0, 0, 0
No
Brush,Lightly Treed
Paved
Listing Agency: Parkside Realty, LLC
Listed By: Lisa Racca · License #26097
Source: Compass
Added: May 7 Changed: Aug 8 Last Checked: Jul 16 at 7:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Parkside Realty, LLC

Investment Insights

Based on property information with market context.

This multi-family development site in Tacoma's South End offers a development opportunity across two parcels totaling 173,922 square feet, approximately 3.99 acres, with a net developable area of approximately 126,023 square feet, roughly 2.89 acres. The eastern portion, situated along the Clover Creek corridor, is designated as a natural tree conservation buffer within the flood fringe. Zoned NCOR (Neighborhood Corridor), the site allows for multi-family residential construction up to 45 feet in height. An approved plan accommodates two multi-story buildings of up to four floors, accessed by a single driveway off A Street, with surface parking and an on-site stormwater infiltration system. A 25% parking reduction has been secured through Transit-Proximity and Affordable Housing incentives, reducing the requirement from 147 to 111 stalls. Building B includes a ground-floor leasing office, mail room, and elevator, while Building A features an elevator niche in the south wing. All major utilities are accessible at the site, including water and power from Parkland Light & Water, sewer from Pierce County Utilities, gas from Puget Sound Energy, and telecom and cable from CenturyLink/Comcast. The site is located within the Franklin Pierce School District #402 and is served by Central Pierce Fire & Rescue. The site is ready for permitting for 98 units.

Key Highlights

  • Development site approved for 98 multi‑family units, ready for permitting.
  • Large developable area: ±2.89 acres (126,023 SF) net.
  • Zoned NCOR, allowing multi‑family residential construction up to 45 feet.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Restaurant Law Firm Real Estate Agency Parking Lot & Garage Kitchen & Bath Showroom Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

510
Businesses Nearby

Demographics for 98445, WA

33,927
Population
12,546
Households
2.7
Avg Household Size
36
Median Age
19%
College-Educated
90%
High-School Grad
10.4 sq mi
ZIP Area
3,262
Density / Sq Mi
$90,063
Median Household Income
$48,574
Median Earnings
$1,721
Median Rent
$413,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Development site with approved plan for 98 multi-family units.
Where is this residential land & home lot located?
The property is located at 13617 A Street South Tacoma, WA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Development site approved for 98 multi‑family units, ready for permitting.; Large developable area: **±2.89 acres (126,023 SF) net.**; Zoned NCOR, allowing multi‑family residential construction up to 45 feet.
More about this property
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