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.
This listing is provided courtesy of NWMLS, contributed by William E. Johnson.
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