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Oversized Corner Lot with Bay Views

2801 N McCarver Street, Tacoma, WA 98403

For Sale
$850,000

Rare corner lot in Old Town Tacoma with development potential.

Property SizeContact for details
Days on Market566

Property Features for 2801 N McCarver Street

General Information

Standard status Active

Site & Location

Neighborhood North End

Taxes and HOA fees

Annual Taxes $5,238
Listing Agency: BETTER PROPERTIES N. PROCTOR
Listed By: AMY STEELE
Source: Corcoran
Added: Apr 24, 2025 Changed: Mar 16 Last Checked: Oct 23 at 7:41AM

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 BETTER PROPERTIES N. PROCTOR

Rey
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Investment Insights

Based on property information with market context.

This oversized corner lot is located in the heart of Old Town Tacoma and offers views of Commencement Bay. The property is zoned UR-2, providing flexibility for development. Potential uses include a single-family home with an Accessory Dwelling Unit (ADU) or Detached Accessory Dwelling Unit (DADU), subdivision, townhomes, or multi-family housing. The location is within blocks of Ruston Way and the waterfront, offering access to wine bars, coffee shops, restaurants, and the beach.

Key Highlights

  • Oversized corner lot in the heart of Old Town Tacoma with stunning Commencement Bay views.
  • New UR‑2 zoning allows for single‑family home with ADU/DADU, subdivision, townhomes, or multi‑family housing.
  • Prime location just blocks from Ruston Way and the waterfront.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick HVAC Service Daycare Center Auto Repair Shop Pharmacy (Bike/Boat/Book/etc) Store Garden Center

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

717
Businesses Nearby

Demographics for 98403, WA

8,341
Population
4,863
Households
1.7
Avg Household Size
39
Median Age
64%
College-Educated
99%
High-School Grad
1.0 sq mi
ZIP Area
8,341
Density / Sq Mi
$86,179
Median Household Income
$63,918
Median Earnings
$1,414
Median Rent
$737,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Rare corner lot in Old Town Tacoma with development potential.
Where is this residential land & home lot located?
The property is located at 2801 N McCarver Street Tacoma, WA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Oversized corner lot in the heart of Old Town Tacoma with stunning Commencement Bay views.; New UR‑2 zoning allows for single‑family home with ADU/DADU, subdivision, townhomes, or multi‑family housing.; Prime location just blocks from Ruston Way and the waterfront.
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