5210 S State Street · Tacoma, WA 98409
Source: NWMLS · Windermere Prof Partners · Ashley L Mills #NWM2580303
About this home
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.
Location
Basics
- Property type
- Multi Family
- Style
- 10+ Units
- Stories
- 3 stories
- Year built
- 1914
- Building area
- 23,350 sq ft
- Lot size
- 31,875 sq ft (0.73 acres)
- County
- Pierce
- MLS #
- NWM2580303
Interior
- Heating
- Baseboard
- Cooling
- None
Exterior & lot
- Exterior features
- Brick, Wood Products
- Roof
- Composition
- Waterfront
- No
Utilities
- Water
- Public
- Sewer
- Available
- Power
- Electric
Community & fees
- Subdivision
- South Tacoma
- Property tax
- $8,292 (2026)
Transaction
- Listed on
- Sep 9, 2026
- Days on market
- 11
- Listing terms
- Cash, Owner Will Carry, Rehab Loan
- Possession
- Closing, Negotiable
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2026-09-09
- Active$699,000
- 2021-10-04
- Sold$750,000
- 2018-03-30
- Sold$300,000
- 2016-04-08
- Sold$400,000
Schools
School district: Tacoma
- High
- Foss High SchoolTop 98% in WA

Listing provided courtesy of: Windermere Prof Partners
Listing agent: Ashley L Mills.
Based on information submitted to the MLS GRID as of —. 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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-09-15.