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Development opportunity! 6,500 sqft lot, zoned for multifamily or single family structure, potential for up to 20 units per preliminary discussions with the city. Several other recent multifamily properties developed in this neighborhood provide great comps. Neighborhood is close to the Tacoma Mall with excellent proximity to public transit. Current structures are fire damaged, boarded up and will likely need full demo. Please do not enter the property. Buyer to verify all information and feasibility.

Listed by:

Cambridge Management Inc

Source: NWMLS, MLS#: NWM2198247

  • Property Type
    Land
  • Lot
    0.15 Acres

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Meridian Valley Realty
  • Median Age
    30
  • Population Density
    3,925
  • College Educated
    29%
  • Estimated Median Monthly Income
    $57,922
  • Estimated Total Home Owners
    4,449
  • Estimated Total Renters
    6,667
  • Owner / Renter Divide
    40% / 60%
  • Estimated Average Household Size
    2
  • Total Population
    27,918
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
*Assumes 7.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Life at 4514 Puget Sound S


Schools

2
Edison
  • Grades: PK-5
  • Public
1
Manitou Park
  • Grades: PK-5
  • Public
1
Mt Tahoma
  • Grades: 9-12
  • Public
School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

History

Date Event Value Agent
2/8/2024Source: NWMLS Added to Database
February 08, 2024