Residential Land in Prime
For Sale
$85,000
514 E 55th Street #1-7, Tacoma, WA 98404
Land suitable for affordable housing development with potential ADUs.
Property SizeContact for details
Lot Size0.17 Acres
Days on Market153
Property Features for 514 E 55th Street #1-7
General Information
Standard status
Active
Lot size
0.17 Acres
Property subtype
Land or Vacant Lot
Listing Agency:
ALL REAL ESTATE SOLUTION
(253) 539-1675
Listed By:
DAN DODGE
Source:
Corcoran
Added: Mar 25
Changed: Aug 8
Last Checked: Jul 16 at 6:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ALL REAL ESTATE SOLUTION
Investment Insights
Based on property information with market context.
This residential land is located in a prime area, suitable for a contractor looking to build affordable housing with the possibility of Accessory Dwelling Units (ADUs). The property is conveniently located close to the bus line and near Steward Heights Playfield and Sheridan Elementary. It offers easy access to Downtown Tacoma and both North and Southbound I-5 freeway. Railroad tracks are scheduled to be vacated, with a potential payment to the buyer. The adjoining lot is also for sale.
Key Highlights
- Great location for building affordable housing with ADUs possible.
- Potential payment of $20,000-$30,000 from vacated railroad tracks (buyer to verify).
- Adjoining lot also for sale.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
440
Businesses Nearby
Explore this area
Business Placement
Demographics for 98404, WA
35,172
Population
13,174
Households
2.7
Avg Household Size
35
Median Age
21%
College-Educated
84%
High-School Grad
7.1 sq mi
ZIP Area
4,954
Density / Sq Mi
$79,562
Median Household Income
$41,977
Median Earnings
$1,440
Median Rent
$387,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Land suitable for affordable housing development with potential ADUs.
Where is this residential land & home lot located?
The property is located at 514 E 55th Street #1-7 Tacoma, WA.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: Great location for building affordable housing with ADUs possible.; Potential payment of $20,000-$30,000 from vacated railroad tracks (buyer to verify).; Adjoining lot also for sale.
