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).
Active
Listed by: Skyline Properties, Inc. • Donya Karimi
Price cut: $19K (5/28)
$430,000
602 E 65th Street, Tacoma, WA 98404
4beds
1,198sqft
Single Family Residence
Built in 1947
0.73 Acres Lot
$-- Zestimate®
$359/sqft
$-- HOA
What's special
Flat topographySmall manageable treesFlat site
- 113 days |
- 264 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Donya Karimi,
Skyline Properties, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2491874
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 4
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Forced Air, Electric
Cooling
- None
Features
- Dining Room
- Flooring: Vinyl Plank
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,198
- Total interior livable area: 1,198 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Carport, Off Street
- Has carport: Yes
- Covered spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Dining Room
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.73 Acres
- Features: Corner Lot, Cul-De-Sac, Dead End Street, Deck
- Topography: Level
- Residential vegetation: Fruit Trees, Wooded
Details
- Parcel number: 7815000432
- Zoning: UR-1
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- See Remarks
- Roof: See Remarks
Condition
- Year built: 1947
- Major remodel year: 1947
Utilities & green energy
- Electric: Company: Tacoma Power
- Sewer: Available, Sewer Connected, Company: City of Tacoma
- Water: Public, Company: Tacoma Water
Community & HOA
Community
- Subdivision: Tacoma
Location
- Region: Tacoma
Financial & listing details
- Price per square foot: $359/sqft
- Tax assessed value: $387,500
- Annual tax amount: $4,221
- Date on market: 3/25/2026
- Cumulative days on market: 105 days
- Listing terms: See Remarks
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2026 | Price change | $430,000-4.2%$359/sqft |
Source:  NWMLS as distributed by MLS GRID #2491874 Report a problem | ||
| 5/19/2026 | Pending sale | $449,000$375/sqft |
Source: NWMLS as distributed by MLS GRID #2491874 Report a problem | ||
| 4/29/2026 | Price change | $449,000-10.2%$375/sqft |
Source: NWMLS as distributed by MLS GRID #2491874 Report a problem | ||
| 4/10/2026 | Price change | $499,950-13.1%$417/sqft |
Source: NWMLS as distributed by MLS GRID #2491874 Report a problem | ||
| 3/17/2026 | Listed for sale | $575,000+91.7%$480/sqft |
Source: NWMLS as distributed by MLS GRID #2491874 Report a problem | ||
| 6/2/2022 | Sold | $300,000$250/sqft |
Source: NWMLS as distributed by MLS GRID #1916769 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,221 +4.6% | $387,500 +7% |
| 2023 | $4,034 +0.6% | $362,100 -6.2% |
| 2022 | $4,010 +7.4% | $385,900 +18.7% |
| 2021 | $3,732 +3329% | $325,200 +34.8% |
| 2019 | $109 | $241,200 +12.8% |
| 2018 | -- | $213,900 +13.2% |
| 2017 | $127 | $188,900 +33.3% |
| 2016 | $127 | $141,700 +6.6% |
| 2014 | $127 +88.4% | $132,900 +14.1% |
| 2013 | $67 | $116,500 +1.5% |
| 2012 | -- | $114,800 -17.8% |
| 2011 | -- | $139,700 -13.6% |
| 2010 | -- | $161,600 -9.2% |
| 2009 | -- | $177,900 -7% |
| 2008 | -- | $191,300 -4.3% |
| 2007 | $164 -48.9% | $199,800 +89.7% |
| 2002 | $320 | $105,300 -1.3% |
| 2001 | -- | $106,700 +10.8% |
| 2000 | -- | $96,300 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Eastside-ENACT
Nearby schools
GreatSchools rating
- 3/10Fawcett Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 4/10Stewart Middle SchoolGrades: 6-8Distance: 1.1 mi
- 1/10Mt Tahoma High SchoolGrades: 9-12Distance: 3.7 mi
Schools provided by the listing agent
- Elementary: Fawcett
- Middle: Stewart
- High: Mt Tahoma
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Washington
- Pierce County
- Tacoma
- 98404
- Eastside-ENACT
- 602 E 65th Street
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