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Multifamily Development Land for 11 Units
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6438 S Alder St, Tacoma, WA 98409

Corner development site with prelim plat approval for 11 residential units and civil plans including utilities, sidewalks, and stormwater.

Property SizeContact for details
Lot Size0.39 Acres
Days on Market55

Property Features for 6438 S Alder St

General Information

Standard status Active
Lot size 0.39 Acres
Property subtype LAND

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Multifamily Units 11
Listing Agency: NWC - KV LLC
Listed By: Briana Hickey
Source: Moodyscre
Added: Jun 29 Changed: Aug 8 Last Checked: Jul 4 at 2:52AM

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 NWC - KV LLC

Investment Insights

Based on property information with market context.

6438 S Alder St is a residential development land parcel in Tacoma with preliminary plat-ready planning approved for 11 residential units. The proposed site plan contemplates six residential buildings with efficient unit layouts, dedicated parking, and pedestrian connectivity throughout the project area.
The property is located at the corner of S Alder Street and S 66th Street, with preliminary civil planning completed to support streamlined development. The civil plans include stormwater management, utility servicing, sidewalks, and site circulation.
At approximately 0.39 acres, the engineered layout is designed to support functional spacing and access across multiple standalone structures, with modern utility infrastructure incorporated into the civil submissions.

Key Highlights

  • Prelim plat‑ready multifamily development site at the corner of S Alder St and S 66th St in Tacoma
  • Approved for 11 residential units with a proposed plan featuring six residential buildings
  • Approximately 0.39‑acre lot designed for streamlined infill development with functional spacing and site access

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Pharmacy Parking Lot & Garage (Bike/Boat/Book/etc) Store HVAC Service Home Appliance Store Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

451
Businesses Nearby

Demographics for 98409, WA

27,840
Population
12,136
Households
2.3
Avg Household Size
33
Median Age
21%
College-Educated
87%
High-School Grad
7.1 sq mi
ZIP Area
3,921
Density / Sq Mi
$71,649
Median Household Income
$43,652
Median Earnings
$1,579
Median Rent
$363,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Corner development site with prelim plat approval for 11 residential units and civil plans including utilities, sidewalks, and stormwater.
Where is this residential land & home lot located?
The property is located at 6438 S Alder St Tacoma, WA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Prelim plat‑ready multifamily development site at the corner of S Alder St and S 66th St in Tacoma; Approved for 11 residential units with a proposed plan featuring six residential buildings; Approximately 0.39‑acre lot designed for streamlined infill development with functional spacing and site access
(253) 779-2424 Call to check price and availability
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