Rare investment opportunity in the heart of Tacoma’s highly sought-after Proctor District! Situated on a prime corner lot in one of the city’s most desirable neighborhoods, this 2,144 sq ft fixer presents endless possibilities for investors, builders, developers, or owner-occupants looking to create value in an exceptional location. Rehab the existing home and capitalize on strong resale demand, renovate and hold as a rental investment, or explore the potential to expand by adding a second story to maximize living space and long-term value. Or start fresth wiht a new build! The corner lot configuration also opens the door for a detached accessory dwelling unit (DADU), creating an outstanding opportunity for additional rental income, multigenerational living, or future flexibility. Investors may also explore condominiumizing the existing home and future DADU for potential resale opportunities (buyer to verify all development potential with the City of Tacoma). DADU rents range from $1,800 to $3,200 a month in the Proctor District. Located just moments from Proctor’s vibrant shopping, dining, farmers market, parks, and waterfront amenities, opportunities like this are increasingly rare. Whether you’re looking for your next flip project, long-term investment property, development play, or portfolio addition, this property offers location, upside, and versatility in one of Tacoma’s premier neighborhoods.

Courtesy of NWMLS
Listing courtesy of Brandon Hjelseth of Keller Williams Rty Tacoma



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the broker or MLS Grid. Supplied open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-10-24 05:03 AM PDT