1219 &1229 E 72nd ST, Tacoma, WA 98404 (MLS # 2536502)

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Listing provided courtesy of Northwest MLS; RE/MAX Equity Group

PRICE $1,200,000
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 21,001 sqft
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Prime Tacoma UR-3 Transit-Oriented Development Opportunity. Rare opportunity to acquire 2 contiguous parcels totaling approximately 21,000 sq ft in Tacoma's desirable UR-3 Transit-Oriented Development (TOD) zone. Ideally positioned along a major transit and commercial corridor, this site offers exceptional redevelopment potential w/preliminary density estimates of approximately 28 base units & the possibility of up to 72 units through bonus density programs, subject to City approval, site feasibility, MFTE eligibility, parking, stormwater, fire access & other development standards. The property consists of 2 tax lots (15,000 sq ft & 6,000 sq ft) & may be suitable for apartments, condos, townhomes, mixed-use projects, multiplexes & other residential uses allowed under current zoning. Located adjacent to public transit & across from commercial services, restaurants, shopping & daily conveniences, the site offers a highly walkable lifestyle. Future residents may enjoy easy access to transportation, employment centers, retail & dining without relying heavily on personal vehicles. A single-family residence occupies the rear portion of the property & may be remodeled or removed depending on the buyer's intended use. Value is primarily in the land & its significant development potential. Property addresses: 1219 E 72nd St & 1229 E 72nd St, Tacoma. Outstanding opportunity for developers & investors seeking strong density potential in a growing transit-served location.

LAST UPDATED 6/7/2026 TRACT Tacoma
YEAR BUILT 0 COMMUNITY Tacoma
COUNTY Pierce STATUS Active
PROPERTY TYPE(S) Lot/Land/Acreage

SCHOOLS
Elementary School Boze
Jr. High School First Creek Mid
High School Lincoln High


ADDITIONAL DETAILS
AREA 61 - Southeast Tacoma
HEAT None
LOT 0.4821 acre(s)
MLS STATUS Active
STYLE 42 - Multi-Family
SUBDIVISION Tacoma
UTILITIES Electricity Connected, Natural Gas Available

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 6/8/26 8:29 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

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