602 E 65th ST, Tacoma, WA 98404
602 E 65th ST, Tacoma, WA 98404
602 E 65th ST, Tacoma, WA 98404
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Andy Holmstrom

Andy Holmstrom

+1(360) 421-9542
Listed by:Skyline Properties, Inc. • Donya Karimi
$499,950
Est. payment /mo
4 Beds
1 Bath
1,198 SqFt
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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,198 sqft

Price per Sqft $417

Subdivision Tacoma

MLS Listing ID 2491874

Style 10 - 1 Story

Bedrooms 4

Full Baths 1

Year Built 1947

Annual Tax Amount $4,221

Lot Size 0.735 Acres

Property Sub-Type Single Family Residence

Property Description

Fixer-upper with development upside! This South Tacoma property offers immediate and long-term potential—remodel the existing home for instant equity or leverage prime UR-1 zoning for future infill development. On a 0.73-acre parcel with conceptual capacity for about 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. Surrounded by established neighborhoods and close to major 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 both near-term and long-term upside. Third-party financing is available: 50% of lot cost as down payment, 12% APR with interest reserve, 3% origination for a 6-month term or 4% for an 8-month term, plus a $950 UW fee and $150 draw fee per construction draw (subject to buyer's financial approval).

Location

State WA

County Pierce

Area 66 - Parkland

Rooms

Basement None

Main Level Bedrooms 4

Interior

Interior Features Dining Room

Flooring Vinyl Plank

Fireplace false

Exterior

Exterior Feature See Remarks

Amenities Available Deck

View Y/N Yes

View Territorial

Roof Type See Remarks

Building

Lot Description Corner Lot, Cul-De-Sac, Dead End Street

Story One

Sewer Available, Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Fawcett

Middle Schools Stewart

High Schools Mt Tahoma

School District Tacoma

Others

Senior Community No

Acceptable Financing Cash, See Remarks

Listing Terms Cash, See Remarks

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Andy Holmstrom

Andy Holmstrom

+1(360) 421-9542

Agent | License ID: 80279

Agent License ID: 80279

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