Seller Financing
Listed By:
Windermere Prof Partners and NWMLS
Address
5210 S State Street, Tacoma, WA
Price
$ 699,000
Property Attributes
  • ID#2580303
  • TypeMulti-Family
  • CountyPIERCE
  • CityTacoma
  • AreaSouth Tacoma
  • NeighborhoodSouth Tacoma
  • Zip98409
  • Style10+ Units
  • Year Built1914
  • Taxes$ 8292
  • Price$ 699,000
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage23350
  • Lot Size0.7317 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

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.

Price History
9/9/2026 Listed $699,000

General Features

Sewer Available
Heating Baseboard
Cooling None
Possession Closing,Negotiable
Roof Composition
Year Built 1914
Property Subtype Multi Family
Tax Year 2026
County Pierce
New Construction No
Property Type Residential Income
HOA No
Subdivision Name South Tacoma
Special Listing Conditions None
Status Active
Directions GPS Friendly.
City Tacoma
Senior Community Y/N No
High School District Tacoma
Number Of Units Total 1
MLS Area 48 - South Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 31875
Carport Y/N No
Listing Terms Cash,Owner Will Carry,Rehab Loan
Tax Annual Amount 8292
Public Remarks 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 inve
Leasable Area 23350
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Units Below Grade true
Units In Building Total 37
Property Style 56 - 10+ Units
NWM_ShowMapLink Yes

Interior Features

Total Stories 3
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Power Production Type Electric

Exterior Features

Exterior Amenities Brick,Wood Products
Water Source Public
Building Area Total 23350
Lot Size Acres 0.7317
Waterfront Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 98409

Price
AVG $860K
$700K
Taxes
AVG $7,796
$8,292
Year Built
AVG 1961
1914
Visits
AVG 163
25
Data Provided by Inside Real Estate®