MLS #2494452 / Listing provided by NWMLS & William E. Johnson.
$499,950
4232 S 34th Street
Tacoma,
WA
98409
offering flexible multifamily or townhome development potential. From WA-16 Westbound, take the Union Street exit. Turn left onto Union Ave, then right onto Center St. Turn left onto Tyler St, then right onto S 34th St. Centrally located 1.03-acre development site in Tacoma’s Madrona neighborhood with easy access to major highways. Zoned UR-3 (Mid-Scale Urban Residential), Zoning allows for up to ~120 units with density bonuses, providing significant upside. Buyer to verify development potential. 3/15/2026 Feasibility and geotechnical studies completed. Current concept: 36 two-bedroom units with garages (see attached renderings), approx. 1,130–1,330 sq. ft.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: No
- Cooling: No
Lot Details
- Acres: 1.0355
Schools
- High School District: Tacoma
Lot Details
- Acres: 1.0355
Water, Sewer, and Garbage
- Sewer: In Street
- Water Source: In Street
Packy and Kari Rieder
Broker | REALTOR®
Send Packy and Kari Rieder an email