98405 Homes with 40 - Res-Less thn 1 Ac Style

98405 Homes with 40 - Res-Less thn 1 Ac Style

Welcome to the vibrant zip code 98405, nestled in the heart of Tacoma, Washington. This dynamic area is a delightful blend of urban convenience and natural beauty, making it an ideal choice for those seeking a balanced lifestyle. With its rich history and diverse community, 98405 offers a unique charm that appeals to residents of all ages.

The homes in this zip code are primarily residential, featuring properties on less than one acre, which allows for easy maintenance and a cozy neighborhood feel. Many of these homes showcase a variety of architectural styles, from classic craftsman bungalows to modern townhouses, each offering its own character and charm. Whether you’re a first-time buyer or looking to downsize, you’ll find a range of options that cater to your needs.

Living in 98405 means you’re just a stone’s throw away from Tacoma’s bustling downtown, where you can explore a plethora of dining, shopping, and entertainment options. Enjoy a leisurely stroll through Wright Park, visit the iconic Museum of Glass, or take in the stunning waterfront views along Commencement Bay. The area is also well-connected by public transportation, making it easy to commute to nearby cities or enjoy a day trip to the beautiful Pacific Northwest.

With a strong sense of community and an abundance of local amenities, zip code 98405 is more than just a place to live; it’s a place to thrive. Discover your dream home in this charming Tacoma neighborhood, where every day feels like a new adventure!

Newest 98405 Homes with 40 - Res-Less thn 1 Ac Style

3415 S 9th Street, Tacoma
$224,950
2580733 MLS ⋅ ACTIVE Status
Prime location for this infill lot(parcel 3245005400). Very secluded but so close to 6th Ave business district. Quiet established neighborhood.

3415 S 9th Street, Tacoma

Listing Broker: Better Properties N. Proctor; Claudia Swanson; 253-226-0858; cswansonyoung@gmail.com

2151 -2155 Martin Luther King Jr Way S, Tacoma
$500,000
2544835 MLS ⋅ ACTIVE Status
Exceptional development opportunity in Tacoma's thriving Hilltop neighborhood! This offering includes two parcels totaling a prime mixed-use development site with the groundwork already in place. The lots have been cleared, and extensive due diligence has been completed, including Phase I-IV environmental work, infiltration and compaction testing—saving developers valuable time, reducing upfront costs, and streamlining the path to construction. Zoned NCX, the property allows for up to 45 feet of building height, with bonus height provisions readily attainable. A future development can take advantage of spectacular 360-degree views, from Mount Rainier to the Olympic Mountains. Ideally located just steps from the newly completed LINK light rail line and only two blocks from St. Joseph Medical Center, this site is perfectly positioned for a transit-oriented mixed-use project in one of Tacoma's fastest-growing neighborhoods. Opportunities with this level of preparation and location are increasingly rare.

2151 -2155 Martin Luther King Jr Way S, Tacoma

Listing Broker: Meridian Real Estate Group; Eric D. Crittendon; 253-222-4549; ecrittendon3@gmail.com

2029 S 8th Street, Tacoma
$325,000
2550405 MLS ⋅ ACTIVE Status
Attention builders, developers, and high-yield investors: This is a premier urban infill opportunity you cannot afford to miss. Located in Tacoma’s highly coveted URX zone with zero base lot line limits, this parcel is fully optimized to maximize your rentable footprint. A formal City pre-application review is already complete for a 20-unit Efficiency Dwelling Unit (EDU) development, with 12-unit traditional options also vetted. Architectural layouts are available. EDUs eliminate the need for standard parking, allowing for a 100% focus on high-yield, income-generating units. The financial upside here is unmatched. The site fully qualifies for Tacoma’s powerful Multifamily Property Tax Exemption (MFTE) program, unlocking a lucrative 8-, 12-, or 20-year property tax exemption to maximize your net operating income (NOI) from day one. Rental velocity is supported by an exceptional location with premier walkability—situated just blocks from the Hilltop District T-Line light rail station and minutes from the massive Hilltop medical employment hub, including Tacoma General and St. Joseph Medical Center. Boundary and topography surveys are complete and included. Infill plays of this caliber are rare—act fast to secure this high-margin project. Buyer to verify all information to their satisfaction.

2029 S 8th Street, Tacoma

Listing Broker: Windermere Real Estate/Summit; Ricardo Mendes; 425-533-5849; ricardo.mendes@windermere.com

1119 S J Street, Tacoma
$399,000
2517893 MLS ⋅ ACTIVE Status
Prime development opportunity in Tacoma's rapidly evolving Hilltop Business District. The site is conveniently located 500ft from the new Hilltop Light Rail Station and near the expanding downtown Tacoma core. This offering includes two adjacent parcels totaling 0.229 acres zoned NCX (Neighborhood Commercial Mixed-Use) providing flexible options for residential, multifamily, or mixed-use development, subject to City of Tacoma approval. NCX zoning supports urban infill development and encourages a wide range of housing types, making this an ideal site for builders and developers seeking density in a high-demand urban corridor. Example development concepts for the site could include a 4-6 unit townhome project with modern stacked or rowhouse-style units, a small to midsize 10-20 unit apartment building with studio and 1-2 bedroom layouts, a live-work style building with potential ground-floor commercial or creative space and residential units above, or a boutique missing-middle multifamily project such as courtyard-style flats or walk-up apartments. The property is located within an active transit development corridor with multiple large-scale projects underway in the area. The New Bates Technical College Downtown campus as well as the new State of the Art Mary Bridge Children's Hospital are only a couple of the new additions to the neighborhood. These new additions provide strong rental demand from students, staff, and the surrounding workforce population.

1119 S J Street, Tacoma

Listing Broker: PNW Realty; Nicole Oliver; 206-488-9565; nicoleoliverre@gmail.com

1715 S Sheridan Avenue, Tacoma
$249,000
2512312 MLS ⋅ ACTIVE Status
Build your dream home or position your next project for success with this cleared UR2-zoned vacant lot in Tacoma’s rapidly evolving Hilltop neighborhood. With no demolition costs, immediate sewer access from both the street and alley, and proximity to major employment centers, this site offers strong fundamentals for a profitable build.Located within walking distance of St. Joseph Medical Center and the T-Line light rail, the property sits in a high-demand rental corridor ideal for workforce housing, ADUs, or multiple SFH development. Downtown Tacoma’s museums, restaurants, community amenities, and Amtrak station are just minutes away. With utilities readily available and zoning that supports increased density, this lot provides a rare chance to build on the neighborhoods continued growth and revitalization.

1715 S Sheridan Avenue, Tacoma

Listing Broker: RSVP Brokers ERA; Alejandra Calderon; 206-478-6930; calderon01@yahoo.com

909 S Ainsworth Avenue, Tacoma
$175,000
2498189 MLS ⋅ ACTIVE Status
Buildable ~2,600 SF lot in a convenient Tacoma location with strong development potential. Configured as Unit 2 in a condo-style setup, offering a unique opportunity for small-scale development without traditional subdivision timelines. Duplex layout concept and plans already completed, giving builders and investors a clear path forward. Ideal for new construction, rental income, resale, or a house hack strategy. Property is subject to a condominium declaration (CC&Rs), with no active HOA management or monthly dues currently in place. Access is available via S Ainsworth Ave and/or the alley, with defined use and ownership structure for clarity. Located near shopping, dining, transit, and major commuter routes—making it attractive for future tenants or resale. Strong upside in a growing Tacoma market with continued housing demand.

909 S Ainsworth Avenue, Tacoma

Listing Broker: John L. Scott, Inc; Rochon Bhattacharya; 206-888-7057; rochonb@johnlscott.com

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