605 St Helens Avenue, Tacoma, WA 98402

$2,100,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of Keller Williams West Sound.

List Price
$2,100,000
Status
ACTIVE
MLS#
2511012
Price Change
▼ $300,000 1776820309
Days on Market
96
Lot Size (sq ft)
15,000

Property Description

**FULLY PERMITTED** 80-unit Multifamily Development Site (See Offering Memo) OR Modify plans to take full advantage of DCC zoning - 400' Height Limit and no off-street parking req w/ unlimited potential. Shovel-Ready, Transit Oriented Development Site w/ Unobstructed Rainier/Commencement Bay/City Views tucked away in the safety of North Tacoma’s Stadium and Theater Districts. Project Value Engineered to Maximize Wood Framing, Avoid Subterranean Parking, Avoid High-Rise req, permitted to 2018 Code, 8-year Property Tax Exemption w/ no affordability req ALL while optimizing unit designs/amenities that maximize revenue. Hit the ground running w/ falling interest rates while strategically delivering in 2027 w/ low new construction inventory!

Additional Information

Community
Stadium District
Style
42 - Multi-Family
Zoning Jurisdiction
City
View
Bay, City, Mountains, Sound
Sewer
In Street
Tax Year
2025
School District
Tacoma
Elementary School
Travis
Middle School
Hilltop Heritage Middle
High School
Stadium
Potential Terms
See Remarks
Driving Directions
Site located near the intersection of 6th Ave and St Helens Ave. You will see security fencing and barricades denoting site location.
Based on information submitted to the MLS GRID as of . 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks