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5436 S Puget Sound Avenue, Tacoma, WA 98409

Tacoma
Local realty services provided by:CENTURY 21 North Homes Realty
Listed by: nisha a tomar, candice chevaillier
Office: lee & associates commercial re206-773-2696
MLS#:2599414
Source:NWMLS
5436 S Puget Sound Avenue,Tacoma, WA 98409
$888,000
Virtual Tour
  • 0.57 Acres
  • Lots / Land
  • Active

Price summary

  • Price:$888,000

About this home

Shovel-ready 48-unit multifamily development site in the heart of the South Tacoma Business District. Offered at $888,000, or $18,500 per planned unit, the 0.568-acre site is in an Opportunity Zone and comes with architectural plans and Multifamily Tax Exemption (MFTE) approval. Across from the public library and near neighborhood restaurants, shops and transit. Convenient access to Sounder commuter rail at South Tacoma Station and shopping and dining at Tacoma Mall. Pedestrian, bicycle and transit access improvements around the station are targeted for completion by 2030.

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Home facts

  • Subdivision & Development:South Tacoma
  • Listing ID #:2599414
  • Updated:November 07, 2026 at 01:04 PM

Structure and exterior

  • Lot area:0.57 Acres
  • Lot Features:Paved, Sidewalk

Utilities

  • Water:In Street
  • Sewer:In Street

Finances and disclosures

  • Price:$888,000
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of November 7, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved. NWMLS Member Broker: Michael Killmer

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