Property Photo: 5210 S State Street WA 98409

Listing Courtesy of:

Northwest MLS as distributed by MLS GRID / Listed By: Ashley Mills, Windermere Professional Partners

5210 S State Street Tacoma, WA 98409

Active (1 Days)

$699,000 ^(USD)

23,350

SQFT

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Description

A rare Tacoma redevelopment opportunity with enormous potential. This historic property offers an expansive nearly 3/4 acre lot with a 37 unit configuration, creating an exceptional canvas for an investor, developer, or visionary buyer. Currently vacant and in need of a complete renovation, this property is ready for someone to bring imagination, creativity and strategic vision to its next chapter. Listed on the Historic Register, the property offers distinctive character and architectural significance alongside incredible development potential. A conditional use permit will be required. Conveniently located near the Tacoma Mall, major freeways, restaurants, shopping, and everyday amenities, the location offers both accessibility and strong surrounding infrastructure. The combination of scale, location, historic character makes this a truly uncommon opportunity.

MLS #:
2580303

Taxes
$8,292(2026)

Lot Size
0.73 acres

Type
Multifamily

Year Built
1914

Style
10+ Units

School District
Tacoma

County
Pierce County

Community
South Tacoma

Listed By

Ashley Mills, Windermere Professional Partners

Source
Northwest MLS as distributed by MLS Grid
Last checked Sep 10 2026 at 12:46 PM PDT

Bathroom Details

Subdivision

South Tacoma

Property Features

Fireplace: 0

Heating and Cooling

Baseboard

Exterior Features

Brick
Wood Products
Roof: Composition

Utility Information

Sewer: Available
Fuel: Electric

Additional Listing Info

Buyer Brokerage Compensation: Request in Offer

Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price

Down payment

Interest rate

Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.

Disclaimer: IDX information is provided exclusively for consumers' personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS, if any, and as amended from time to time.

Based on information submitted to the MLS GRID as of 9/10/2026 05:46. 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.