602 E 65th Street, Tacoma, WA 98404

Courtesy of Skyline Properties, Inc.

$410,000
4
BD
1
BA
1,198
SqFt

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List Price
$410,000
Status
ACTIVE
Days on Market
124
Price Change
▼ $20,000 1783632052
MLS#
2491874
Subtype
Residential
Style
10 - 1 Story
Year Built
1947
Bedrooms
4
Bathrooms
1
Living Area
1,198
Lot Size
32,000
Acres
0.73
Subdivision
Tacoma
Neighborhood
Tacoma
MLS Area Major
Parkland

Property Description

Fixer-upper with development upside! South Tacoma property with immediate and long-term potential—remodel the existing home for instant equity or leverage UR-1 zoning for future infill development. On a 0.73-acre parcel with conceptual capacity for ~21 middle-housing units (buyer to verify), it’s one of the few remaining larger lots, with level topography, small manageable trees, and existing utilities creating a highly buildable site. The current home is an ideal renovation project for short-term value or rental income while you pursue permits and plans for a multi-unit community—well-suited for rowhouses or detached courtyard housing, with potential unit-lot subdivision and fee-simple townhome-style ownership (buyer to verify). Surrounded by established neighborhoods and close to arterials, retail, services, and parks, this property offers a strategic location, separation from a non-active railroad without typical rail noise, and a rare combination of scale, flat terrain, and flexible UR-1 zoning for investors seeking strong near-term and long-term upside. Third-party financing may be available with 50% down on lot cost, 12% APR with interest reserve, structured origination fees, and standard underwriting and draw fees (subject to buyer approval).

Additional Information

Interior Features
Dining Room
Exterior Features
See Remarks
Property Description
10 - 1 Story
Flooring
Vinyl Plank
Heating
Forced Air
Air Conditioning
None
Levels
One
Roof
See Remarks
Parking Features
Attached Carport, Off Street
School District
Tacoma
Elementary School
Fawcett
Middle School
Stewart
High School
Mt Tahoma
View
Territorial
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