About this home

A rare Tacoma redevelopment opportunity with enormous potential. This historic property offers an expansive nearly 3/4 acre lot with a 37 unit configuration, creating an exceptional canvas for an investor, developer, or visionary buyer. Currently vacant and in need of a complete renovation, this property is ready for someone to bring imagination, creativity and strategic vision to its next chapter. Listed on the Historic Register, the property offers distinctive character and architectural significance alongside incredible development potential. A conditional use permit will be required. Conveniently located near the Tacoma Mall, major freeways, restaurants, shopping, and everyday amenities, the location offers both accessibility and strong surrounding infrastructure. The combination of scale, location, historic character makes this a truly uncommon opportunity.

Exterior features

BrickWood Products

Property details

Heating: Baseboard
Cooling: None
Parking: None, Off Street
Water source: Public
Sewer: Available

Costs

Price / sq ft: $30
Annual taxes: $8,292 (2025)

Estimate your monthly payment

$4,226/mo

Principal & interest: $3,535
Property taxes: $691

Down payment (20%) $139,800 Interest rate (%) Loan term (years)

Loan amount $559,200

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Tacoma, WA 98409

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Windermere Prof Partners— Ashley L Mills.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

Interested in this home?

Request a private tour or ask a question — a local agent will respond personally.