Investment Property Opportunity – 2222 96th St S, Tacoma, WA Located in the heart of Tacoma’s expanding south end, 2222 96th St S presents an exceptional investment opportunity with immediate income and long-term development potential. This 3.4-acre site offers investors the rare combination of stable in-place cash flow, flexible zoning, and strategic redevelopment upside—making it a true covered land play in one of Washington’s most active submarkets. Currently improved with nine buildings consisting of older, Class C rental units, the property generates a solid gross income of approximately $259,000 annually. These buildings deliver strong returns with an average rent of $2.01 per square foot (RSF), which is competitive given their condition and location. While these units are dated, t