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1909 S Yakima Avenue, Tacoma, WA, 98405

2beds
1baths
960sqft
$750,000
$781price/sqft
$4,819/moest. monthly cost
$192,760/yrincome needed

About This Home

Investor Alert! Exceptional opportunity with TAC mixed-use zoning offering endless potential for multifamily, commercial, or mixed-use development. This is Downtown Residential allowing for 90ft building height!! The alley is about one level lower than Yakima Ave, it is well suited for an apartment or condo complex development with under building parking. This rare property includes two parcels, giving investors and developers the flexibility to develop one parcel or maximize the potential of both. Ideally located near downtown with quick freeway access, this prime location offers convenience, visibility, and strong future growth potential. Whether you’re planning apartments, retail, office space, or a mixed-use project, the zoning and location create a wide range of possibilities. Utilities and infrastructure nearby make this an attractive option for your next investment project. Don’t miss this chance to secure a versatile development opportunity in a rapidly growing area!

Getting Around

84
WalkingVery Walkable
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

3/10
Edna Travis ElementaryGrades PK-50.2 mi
3/10
7/10
Stadium High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 1922

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Cement Planked,Cement Plank

Notable Dates

  • Major remodel year: 1953

Type & Style

  • Home type: SingleFamily
  • Architectural style: 1 Story w/Bsmnt.
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Refrigerator(s),Washer(s)

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bathroom Full

  • Level: Main

Bedroom

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Heating & Cooling

  • Heating features: Baseboard,Forced Air,Electric,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 960
  • Total interior livable area: 960 sqft

Kitchen Without Eating Space

  • Level: Main

Living Room

  • Level: Main

Utility Room

  • Level: Main

Property

Details

  • Parcel number: 2019150040
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Has view: Yes
  • View description: Territorial
  • Topography of land: Level,Partial Slope
  • Residential vegetation: Garden Space

Lot

  • Lot size: 0.32 Acres
  • Features: Curbs,Paved,Sidewalk,Value In Land,Fenced-Partially,Gas Available

Parking

  • Total spaces: 1
  • Parking features: Driveway,Attached Garage,Off Street
  • Has garage: Yes
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in Pierce County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,792$45,504
Home Insurance *$209$2,508
Property Taxes $669$8,028
Electricity $149$1,793
Total$4,819$57,828
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$165,222/yr
40% on housing$144,570/yr
45% on housing$128,506/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.9%
9.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$781This listing

vs Other Active Listings

Avg $/sqft

ZIP 98405$220
Pierce County$262

vs Homes Sold Last Month

Median $/sqft

ZIP 98405$316
Pierce County$312

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-02Listed for sale$750,000
2021-10-21Listing removed--
2021-10-05Listed for rent$1,895

For Sale by Agent

AgentRiley Craig Holder
BrokerageWindermere Prof Partners

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