711 S 7th Street Tacoma, WA 98405

Sold on 02/23/2024

$500,000 ^(USD)

3,750

SQFT

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Description

3,750 SqFt Lot with permitted plans for a 16 unit project is located in downtown Tacoma, one block south of Wright Park. The proposal consists of an attractive 3 story building comprised of 4 Studios, 8-1 bed units and 4-2 bed units with a total of 8,948 net rentable square feet. The corner lot has flexible Downtown Residential (DR) zoning and is walking distance to many amenities. The offering allows a developer the opportunity to hit the ground running with a well designed project in one of the nations fastest growing markets.

MLS #:
2188669

Lot Size
3,750 SQFT

Type
Land

Style
Multi-Family

School District
Tacoma

County
Pierce County

Community
Central Tacoma

Listed By

Nick Hemming, Paragon Real Estate Advisors

Bought with
Greg Stock, Windermere Professional Prtnrs

Source
Northwest MLS as distributed by MLS Grid
Last checked Dec 19 2025 at 8:42 AM PST

Bathroom Details

Subdivision

Central Tacoma

Lot Information

Corner Lot

Utility Information

Utilities: Electricity Available, Natural Gas Available
Sewer: Available

Listing Price History

Date

Event

Price

% Change

$ (+/-)

Jan 03, 2024

Listed

$630,000

Additional Listing Info

Buyer Brokerage Compensation: 3

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

Disclaimer: Based on information submitted to the MLS GRID as of 12/19/25 00:42. All data is obtained from various sources and may not have been verified by Windermere Real Estate Services Company, Inc. 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.