5210 S State Street, Tacoma, WA 98409

$699,000
23,350
SqFt

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Listing courtesy of Windermere Prof Partners.

List Price
$699,000
Status
ACTIVE
MLS#
2580303
Days on Market
0
Style
56 - 10+ Units
Finished SqFt
23,350
Area Total SqFt
23350
Annual Tax Ammount
8292
Lot Size (sq ft)
31,875
Sewer
Available

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.

Additional Information

List Date
2026-09-09 16:28:13
Community
South Tacoma
Total Monthly Income
$54,815
Total Expenses
$8,292
Total Number of Units
1
Unit Name
5210
Potential Terms
Cash, Owner Will Carry, Rehab Loan
Year Built
1914
Roof
Composition
Energy Source
Electric
School District
Tacoma
Total Monthly Income
$54,815
Tax Year
2026
Total Expenses
$8,292
Based on information submitted to the MLS GRID as of . 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.
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