1507 East 58th Street

Tacoma, WA 98404

$2,500,000
Price
95,048 / 2.18
Lot Size / Acres

Description

Builders & Investors here's an excellent opportunity to acquire 2+ level acres to construct a proposed 36-unit Townhome Community with a mid-scale residential set-aside (possibly a 25-unit apartment building). These cutting edge townhomes have 3 bedrooms & 3.5 bathrooms with a great room and attached garage. Once built, these optimal designs will fly off the market as they're precisely what residential buyers are seeking. The survey, preliminary engineering, and site-plan have been reviewed by City...Builders & Investors here's an excellent opportunity to acquire 2+ level acres to construct a proposed 36-unit Townhome Community with a mid-scale residential set-aside (possibly a 25-unit apartment building). These cutting edge townhomes have 3 bedrooms & 3.5 bathrooms with a great room and attached garage. Once built, these optimal designs will fly off the market as they're precisely what residential buyers are seeking. The survey, preliminary engineering, and site-plan have been reviewed by City of Tacoma. Per the seller, the time required to complete this short plat is about 120 days. This is a rare and top notch site in an up & coming neighborhood with rising demand for new residences.
  1. Listed by Michael W. Busacca • Skyline Properties, Inc.
  2. Listed by Paul T. Redal • Windermere Prof Partners

Property Details for 1507 East 58th Street

Community Name
East Tacoma
School District
Tacoma
View
City, Territorial
Entry Date
08-13-2024
Sewer
In Street
LISTING UPDATED: 11/14/2024 08:18 AM

Property Details for 1507 East 58th Street

StatusActive
MLS #2277125
Days on Market96
Cumulative Days on Market398
Taxes$5,179 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size2.18 AC
CountyPierce County

Building Information for 1507 East 58th Street

Lot Size2.18 AC

Property Information for 1507 East 58th Street

Summary
Location and General Information
  • Style: 42 - Multi-Family
  • Area: 61 - Southeast Tacoma
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Directions: From I-5 head East on E. 56th St. Turn right onto Portland Ave. The property is one block South on the right.
  • Property Sub Type: VACL
  • Road Information: Paved
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
  • Additional Tax Ids: 5345000270,5345000280
Parking
  • Carport: No
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Cooling: No
  • Fireplace: No
  • Heating: No
  • FIRPTA: No
Exterior Features
  • Property Features: Brush
  • Road Surface Type: Paved
Property
Utilities
  • Electricity: In Street
  • Electric On Property: No
  • Gas Available: Available
  • Water Source: In Street
  • Utilities: Electricity Available, Natural Gas Available
Property and Assessments
  • Senior Exemption: No
  • Zoning Jurisdiction: City
  • Zoning Class: Multi-Family,Residential
  • Water Jurisdiction: TPUD
  • Zoning Remarks: Low & Mid-Scale Res
  • Restrictions: No Restrictions
  • Lot Topography: Level,Sloped
  • First Right Of Refusal: false
  • Possible Use: Multi-Family, Residential
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 2
Lot Information
  • Lot Details: Curbs, Paved
  • Lot Size Dimensions: 395 X 240 M/L
  • Lot Size Source: Realist Tax Data
  • Parcel Number Free Text: 5345000310
  • Calculated Square Footage: 0
  • Structure Type: Multi Family
  • Road On Which Side: East
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Land
  • Elevation Units: Feet
  • Irrigation Water Rights: No

Property History for 1507 East 58th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1507 East 58th Street

This home is within Tacoma School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Sheridan Elementary School
PublicPK to 5

First Creek Middle School
Public6 to 8

Lincoln High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1507 East 58th Street is a 2.18 ac of land for sale in Tacoma, WA 98404. This property was listed for sale on August 13, 2024 by Skyline Properties, Inc., it's currently listed at $2,500,000. This listing's school district is Tacoma School District. Nearby schools include Sheridan Elementary School, First Creek Middle School and Lincoln High School. 1507 East 58th Street is a 0-bed, 0-bath, 2.18 ac of land on a 95,048 sq. ft. / 2.18 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Skyline Properties, Inc.; Windermere Prof Partners

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.