Listed by Kelly Right RE of Seattle LLC
$1,030,000

Estimated payment $5,945/month

Total Views 4,926
0.22 Acre
$4,772,938 Price per Acre
9,400 Sq Ft Lot

About This Lot

Prime Tacoma development opportunity! This vacant lot comes with all utilities on site and a fully approved infill program package. Building permits are in process for 10 modern 2-story units with a shared structured parking garage - designed for vibrant urban living. Ideally located near I-5, downtown, and public transit. A remodeled 1925 duplex currently sits on the property, but the true value is in the land and development potential. Don’t miss this rare, ready-to-build opportunity in the heart of Tacoma!

Listing Agent

Ivanna Miakota

Kelly Right RE of Seattle LLC License #139040 Listed on: 04/08/2025

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2357200

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,485

Lot Details

  • 9,400 Sq Ft Lot
  • Zoning described as Multi-Family

Community Details

  • No Home Owners Association
  • Lincoln Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7470024010

Property Details

Property Type

Land

Est. Annual Taxes

$5,485

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 42 - Multi-Family
  • MLS Status: Active
  • Prev Status: Active
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Road Surface Type: Paved
  • View: No
  • Waterfront: No
  • Structure Type: Multi Family
  • RoadInformation: Paved
  • WaterJurisdiction: TPU

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: On Property
  • Water Source: On Property
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: Yes
  • Utilities: Electricity Connected, Natural Gas Available
  • ElectricityStatus: On Property
  • GasStatus: Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 7470024010
  • Lot Size Acres: 0.2158
  • Lot Size Sq Ft: 9400
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5485.02

Map

Range of Values:

Collateral Analytics

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ICE

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,444 $534,900 $195,100 $339,800
2024 $5,444 $516,700 $184,300 $332,400
2023 $5,444 $489,100 $175,200 $313,900
2022 $5,439 $552,200 $185,600 $366,600
2021 $2,481 $197,000 $110,400 $86,600
2019 $3,539 $299,400 $92,300 $207,100
2018 $3,626 $272,200 $74,200 $198,000
2017 $3,027 $229,500 $63,000 $166,500
2016 $2,738 $170,600 $46,600 $124,000
2014 $2,113 $157,400 $46,000 $111,400
2013 $2,113 $136,000 $40,300 $95,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 For Sale $1,030,000 +379.1% --
05/20/2019 05/20/19 Sold $215,000 -6.5% $80 / Sq Ft
05/13/2019 05/13/19 Pending -- -- --
04/26/2019 04/26/19 For Sale $230,000 -- $86 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $215,000 First American Title
Interfamily Deed Transfer -- First American Title
Bargain Sale Deed $130,000 First American Title
Warranty Deed -- First American Title Ins Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,000 New Conventional
Previous Owner $122,850 Commercial
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2357200

Northwest Multiple Listing Service (NWMLS)

APN: 747002-4010