Listed by Windermere Abode
$1,600,000
$50K PRICE DROP

638 646 S Steele St Tacoma, WA 98405

Central Tacoma Neighborhood

Estimated payment $9,097/month

Total Views 8,693
0.38 Acre
$4,201,681 Price per Acre
16,588 Sq Ft Lot

Highlights

  • 0.38 Acre Lot
  • Corner Lot
  • No HOA
  • Territorial View

About This Lot

Development opportunity in the heart of the 6th Ave District! Corner lot with double street frontage to both Steele & Prospect Streets, providing many possible uses. Apartment Complex? Townhomes? Live/Work spaces? Retirement Home? Adult Care Facility? Choice is yours. URX zoning allows for a maximum building height of 45 ft and requires a minimum of 10 units on this lot, but allows for many more depending on lot transformation. No front, back or side yard setbacks required. Sewer, water & power onsite. Centrally located near Stadium District, Hilltop, Downtown & Highway 16. Nearby transit allows you to take advantage of reduced parking requirements. Structures on property to be sold as-is.

Listing Agent

Derrik Shockman

Windermere Abode License #22014960 Listed on: 03/13/2025

Windermere Abode

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2340691

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,172

Lot Details

  • 0.38 Acre Lot
  • Corner Lot
  • Level Lot
  • 9290000100,9290000111
  • Zoning described as Multi-Family,Residential

Additional Features

  • Territorial Views
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Central Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9290000121

Property Details

Property Type

Land

Est. Annual Taxes

$8,172

Lot Details

0

Listing Details

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

Interior Features

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

Exterior Features

  • View: Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Multi Family
  • RoadInformation: Paved
  • WaterJurisdiction: TPU

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: In Street, 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: On Property

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 9290000121
  • Topography: Level
  • Lot Size Acres: 0.3808
  • Lot Size Sq Ft: 16587
  • Additional Parcels Description: 9290000100,9290000111
  • Zoning Description: Multi-Family,Residential
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2025
  • Tax Annual Amount: 8172

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2025 11/21/25 Price Changed $1,600,000 -3.0% --
11/15/2025 11/15/25 For Sale $1,650,000 0.0% --
10/11/2025 10/11/25 Pending -- -- --
03/13/2025 03/13/25 For Sale $1,650,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2340691

Northwest Multiple Listing Service (NWMLS)
Washington Pierce County Tacoma 98405 Central Tacoma

638 646 S Steele St, Tacoma, WA

For Sale

Lots

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by 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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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Derrik Shockman
Listing Agent
Derrik Shockman
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Windermere Abode
(253) 316-8474