1132 E 47th Street, Tacoma, WA 98404

Property Description

Exceptional development potential — with approximately 60,984 SF of combined land and UR-1 zoning, the property may accommodate up to approximately 40 residential units based on the City of Tacoma’s base density standard of 1 unit per 1,500 SF of site area. Rare 1.40-Acre Development Opportunity in Tacoma! Three contiguous parcels located at 1132, 1146 & 1154 E 47th St, offering approximately 60,984 SF of combined land. Zoned UR-1 (Urban Residential 1) under Tacoma's Home in Tacoma zoning regulations, providing exciting potential for a variety of middle-housing development options, including houseplexes, rowhouses, backyard buildings and courtyard housing, subject to City requirements. Excellent opportunity for builders, developers, or investors looking for a substantial residential development site within the City of Tacoma. Three separate tax parcels provide flexibility for future planning and development. Convenient location with access to major roads, shopping, schools and surrounding amenities. Buyer to verify all information and development potential with the City of Tacoma, including zoning, density, utilities, access, setbacks, tree requirements and feasibility. Three Parcels | 60,984 SF | Approx. 1.40 Acres | UR-1 Zoning