Rare development opportunity in the Tacoma city limits! This 12,868 sq ft parcel is zoned UR-1 and offers outstanding potential for builders, investors or multi-family developers. Preliminary indications suggest the site may support approximately 6–8 units, creating flexibility for townhomes, cottages or other urban residential concepts (buyer to verify all development potential with the City of Tacoma). Conveniently located near shopping, schools, parks, transit and major commuter routes. Utilities available in the area and strong demand for housing make this a compelling opportunity for your next project. Whether you’re looking to build and hold or develop for resale, this property offers location, scale and upside in one of Tacoma’s growing residential markets.
Pending
Listed by: Century 21 Blue Chip • Greg Pubols • 253-227-1100
$229,000
2504 S Steele Street, Tacoma, WA 98405
--beds
--baths
0.3Acres
Unimproved Land
Built in ----
0.3 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- --
- on Zillow
- 10
- views
- 0
- saves
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Greg Pubols 253-227-1100 greg@bluechiprealtyup.com,
Century 21 Blue Chip
Source: NWMLS as distributed by MLS GRID,MLS#: 2529502
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Lot
- Size: 0.3 Acres
- Dimensions: 107' x 100' x 47' x 32' x 41' x 137'
- Features: Corner Lot
Details
- Parcel number: 4295001213
- Zoning: UR-1
- Zoning description: Residential,Jurisdiction: City
- Special conditions: Standard
Utilities & green energy
- Electric: On Property
- Gas: Not Available
- Sewer: In Street
- Water: In Street, Jurisdiction: TPU
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: Tacoma
Location
- Region: Tacoma
Financial & listing details
- Tax assessed value: $264,200
- Annual tax amount: $2,798
- Date on market: 5/27/2026
- Listing terms: Conventional
- Electric utility on property: Yes
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Pending sale | $229,000 |
Source:  NWMLS as distributed by MLS GRID #2529502 Report a problem | ||
| 7/9/2026 | Price change | $229,000-8% |
Source: NWMLS as distributed by MLS GRID #2529502 Report a problem | ||
| 5/27/2026 | Listed for sale | $249,000 |
Source: NWMLS as distributed by MLS GRID #2529502 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,885 +3.1% | $264,200 +3% |
| 2024 | $2,798 +4.8% | $256,500 +7.1% |
| 2023 | $2,671 -0.5% | $239,400 -7.2% |
| 2022 | $2,684 +13% | $257,900 +24.9% |
| 2021 | $2,374 +76.8% | $206,500 +69% |
| 2019 | $1,343 | $122,200 +18.9% |
| 2018 | -- | $102,800 +12.8% |
| 2017 | $2,876 +165.8% | $91,100 +31.5% |
| 2016 | $1,082 | $69,300 +11.8% |
| 2014 | $1,082 +110.3% | $62,000 +13.1% |
| 2013 | $515 | $54,800 -6.2% |
| 2012 | -- | $58,400 -21.5% |
| 2011 | -- | $74,400 -54% |
| 2010 | -- | $161,900 -15.7% |
| 2009 | -- | $192,100 -6.7% |
| 2008 | $2,409 +0% | $205,800 |
| 2007 | $2,409 +355.8% | $205,800 +572.5% |
| 2002 | $529 +3.3% | $30,600 -0.6% |
| 2001 | $512 | $30,800 +5.8% |
| 2000 | $512 | $29,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Central
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