602 E 65th Street, Tacoma, WA 98404
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by: donya karimi
Office: skyline properties, inc.
MLS#:2491874
Source:NWMLS
602 E 65th Street,Tacoma, WA 98404
$430,000
- 4 Beds
- 1 Baths
- 1,198 sq. ft.
- Single family
- Active
Price summary
- Price:$430,000
- Price per sq. ft.:$358.93
About this home
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)....
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Home facts
- Year built:1947
- Listing ID #:2491874
- Updated:June 14, 2026 at 11:04 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Vinyl Plank
- Bedroom Description:Main Level Bedrooms : 4
- Basement:Yes
- Living area:1,198 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1947
- Building area:1,198 sq. ft.
- Lot area:0.73 Acres
- Lot Features:Corner, Cul-De-Sac, Dead-end Street
- Exterior Features:Deck
- Foundation Description:None
- Levels:1 Story
Schools
- High school:Mt Tahoma
- Middle school:Stewart
- Elementary school:Fawcett
Utilities
- Water:Public
- Sewer:Available, Sewer Connected
Finances and disclosures
- Price:$430,000
- Price per sq. ft.:$358.93
- Tax amount:$4,221 (2025)
Parking
- Total parking spaces:2
- Parking description:Attached Carport, Off Street Parking
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