Solid investment opportunity here with too much potential options to list! This 4.57 Acre surveyed parcel is bordered by new homes & condos and is just SCREAMING to be developed! The site already has 3 occupied rental houses on it that generate $2700/mo income which is a nice bonus to enjoy while going through the development stages...or just keep it as-is. Property zoned through the city as "Community Commercial Zoning" which allows for LOTS of possibilities...residential, commercial, combo...
Sold for $4,015,000
$4,015,000
3516 54th Ave E, Tacoma, WA 98424
5beds
0baths
2,016sqft
MultiFamily
Built in 1963
-- sqft lot
$-- Zestimate®
$1,992/sqft
$2,585 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,585/mo
Zestimate® history
Owner options
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$2,585/mo
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$2,585/mo
Rent Zestimate®
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$24,834/mo
Est. payment
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$24,834/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 0
Heating
- Baseboard
Features
- Basement: Partially finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,016 sqft
Property
Parking
- Parking features: Carport, Garage - Attached
Features
- Exterior features: Other
Details
- Parcel number: 0320131057
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Roof: Composition
Condition
- Year built: 1963
Community & HOA
Location
- Region: Tacoma
Financial & listing details
- Price per square foot: $1,992/sqft
- Tax assessed value: $801,100
- Annual tax amount: $15,190
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Sold | $4,015,000+494.8%$1,992/sqft |
Source: Public Record Report a problem | ||
| 11/25/2011 | Listing removed | $675,000$335/sqft |
Source: Keller Williams Tacoma #117874 Report a problem | ||
| 11/10/2011 | Listed for sale | $675,000$335/sqft |
Source: Keller Williams Tacoma #117874 Report a problem | ||
| 6/4/2011 | Listing removed | $675,000$335/sqft |
Source: Hauer Real Estate #117874 Report a problem | ||
| 3/2/2011 | Price change | $675,000+99900%$335/sqft |
Source: Hauer Real Estate #117874 Report a problem | ||
| 2/25/2011 | Price change | $675-99.9% |
Source: Hauer Real Estate #117874 Report a problem | ||
| 1/8/2011 | Price change | $675,000-3.6%$335/sqft |
Source: Hauer Real Estate #117874 Report a problem | ||
| 11/23/2010 | Listed for sale | $699,950$347/sqft |
Source: Hauer Real Estate #117874 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $15,190 +107.8% | $801,100 +3.6% |
| 2023 | $7,311 -11.4% | $773,600 -4.3% |
| 2022 | $8,254 +6.8% | $808,300 +21% |
| 2021 | $7,730 +28.1% | $667,800 +23.4% |
| 2019 | $6,033 +12.3% | $541,200 +9.4% |
| 2018 | $5,371 +19% | $494,800 +13.3% |
| 2017 | $4,515 +19% | $436,700 +32.1% |
| 2016 | $3,795 | $330,600 +11.8% |
| 2014 | $3,795 +12.9% | $295,600 +20.2% |
| 2013 | $3,360 | $246,000 -3.1% |
| 2012 | -- | $253,900 -28.3% |
| 2011 | -- | $354,300 -11.1% |
| 2010 | -- | $398,600 -11.5% |
| 2009 | -- | $450,300 -14.9% |
| 2008 | $4,981 | $529,400 -3.7% |
| 2007 | $4,981 +50.2% | $550,000 +128.3% |
| 2002 | $3,316 | $240,900 |
Find assessor info on the county website
Neighborhood: 98424
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Nearby schools
GreatSchools rating
- 7/10Fife Elementary SchoolGrades: K-5Distance: 0.9 mi
- 6/10Columbia Junior High SchoolGrades: 8-9Distance: 0.4 mi
- 7/10Fife High SchoolGrades: 10-12Distance: 0.9 mi
- Washington
- Pierce County
- Fife
- 98424
- 3516 54th Ave E