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Under Contract66 Days
$2,500,000

1507 58th Street
Tacoma, WA 98404

Land For Sale
2.18 Acre Lot
Skyline Properties, Inc.

Provided by Northwest Multiple Listing Service, 2025.

Description for 1507 58th Street, Tacoma, WA 98404

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.

Property Details

Listing Details
Under Contract
Land
Land
None
For Sale
NWM2277125
$2,500,000
12/14/2024
Single Family
NWM16887
Location Information
US
WA
Pierce
Tacoma
98404
58th
1507
Street
East Tacoma
W123° 35' 27.8''
N47° 12' 16.8''
1507 E 58th Street , Tacoma, WA 98404
61 - Southeast Tacoma
E
Yes
Garage/Parking
No
No
Exterior Features
City,Territorial
No
No
WaterFront and WaterAccess
No
Land Info
2.18 Acre
Curbs,Paved
Nw
5345000310
Monthly
395 X 240 M/L
Paved
Utilities
In Street
HOA Info
Monthly
No
Rental Info
Monthly
Tax Info
$5,179
2024
Schools
Buyer To Verify
Buyer To Verify
Buyer To Verify
Listing Information
Skyline Properties, Inc.
Michael W. Busacca
425
NWM7178
Nwmls
$2,500,000
12/14/2024 00:54:09
Multi Family
Natural Gas Available,Electricity Available
In Street
Tacoma
NWM11480
Windermere Prof Partners
Paul T. Redal

Price History

Source: MLS
DateEventPriceSource
2024-12-14Under Contract$2,500,000MLS
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Walk Score

Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

4

Bike Score

7

Transit Score

3

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Courtesy of Skyline Properties, Inc.
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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 this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2025 NWMLS. All rights are reserved. NWMLS DMCA NOTICE
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