*PRICE REDUCED* Development Opportunity West of Tacoma Mall! Investors & developers, this 6,500 sq ft lot is ready for a multi-family project with negotiable density up to 20+ units. The City of Tacoma reviewed a previous 7-unit proposal (redlines attached in supplements), code changes & architect’s retirement may require a redesign/revision? Preliminary work completed includes home removal, a 2" water service stub installation, boundary and topographic surveys, infiltration feasibility study, street improvements & sewer hookup via the back alley. This property offers great rental potential. Located near shopping, services & freeway access. Buyers should verify all information to their own satisfaction. Title ordered through Chicago Title.
Pending
Listed by:
Michael J. Comer,
John L. Scott R.E. Lake Tapps
Price cut: $24K (10/22)
$275,000
4327 S Puget Sound Avenue, Tacoma, WA 98409
--beds
--baths
6,499.15Square Feet
Est.:
Unimproved Land
Built in ----
6,499.15 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Multi-family project
- 244 days |
- 21 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: December 02, 2025 at 09:43am
Listed by:
Michael J. Comer,
John L. Scott R.E. Lake Tapps
Source: NWMLS,MLS#: 2360392
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Lot
- Size: 6,499.15 Square Feet
- Features: Paved, Sidewalk
- Topography: Level
Details
- Parcel number: 2890001000
- Zoning description: Multi-Family,Residential,Jurisdiction: City
- Special conditions: Standard
Utilities & green energy
- Electric: Available
- Gas: Available
- Sewer: Available
- Water: Available, Jurisdiction: TPU
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
- Subdivision: Tacoma
Location
- Region: Tacoma
Financial & listing details
- Tax assessed value: $157,000
- Annual tax amount: $1,716
- Date on market: 7/5/2025
- Cumulative days on market: 165 days
- Listing terms: Cash Out
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,665/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/12/2025 | Pending sale | $275,000 |
Source:  NWMLS #2360392 Report a problem | ||
| 10/22/2025 | Price change | $275,000-8% |
Source: NWMLS #2360392 Report a problem | ||
| 8/30/2025 | Listed for sale | $299,000 |
Source: NWMLS #2360392 Report a problem | ||
| 6/30/2025 | Pending sale | $299,000 |
Source: NWMLS #2360392 Report a problem | ||
| 6/23/2025 | Price change | $299,000-14.6% |
Source: NWMLS #2360392 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,716 +2.2% | $157,000 +4.5% |
| 2023 | $1,679 -47.9% | $150,200 -51.5% |
| 2022 | $3,219 +10.6% | $309,600 +22.2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,619/mo
Principal & interest
$1321
Property taxes
$202
Home insurance
$96
Climate risks
Neighborhood: South Tacoma
Nearby schools
GreatSchools rating
- 2/10Reed Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 2/10Angelo Giaudrone Middle SchoolGrades: 6-8Distance: 1.1 mi
- 2/10Foss High SchoolGrades: 9-12Distance: 1.7 mi
- Loading
