Residential

University Place, WA Residential Land & Home Lots for Sale

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Tacoma, WA Fife, WA Fircrest, WA Lakewood, WA Federal Way, WA Ruston, WA Milton, WA Puyallup, WA
View Lot in University Place
Updated: Jun 12
View Lot in University Place

0 Lemons Beach Road W, University Place, WA 98466

$479,000
0.28 AC lot
View lot in University Place
Located in a highly desirable neighborhood
Over a quarter of an acre
Opportunity to build a dream home
Close to shopping, amenities, and award‑winning schools
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Land
Updated: Nov 2, 2025
Land

5415 53RD, University Place, WA 98467

$1,200,000
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in University Place, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multifamily Land in South Tacoma
Multifamily Land in South Tacoma

6016 S Tyler Street, Tacoma, WA 98409

$350,000
2.81 AC lot

2.81 acres for multifamily development in Tacoma, WA.

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Land
Land

3601 48TH, Gig Harbor, WA 98335

$1,000,000

Residential land & home lots

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Residential Lot with Partial Views
Residential Lot with Partial Views

8008 26th Avenue, Gig Harbor, WA 98332

$350,000

0.4-acre lot in Gig Harbor, suitable for daylight basement.

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North Tacoma View Property
North Tacoma View Property

7848 N Woodworth Avenue, Tacoma, WA 98406

$325,000

View property in the desirable Narrows neighborhood with excellent access.

View details

University Place, WA Residential Land & Home Lots Market Trends and Statistics

Explore 2 residential land & home lots for sale in University Place, WA on our real estate platform. These investment opportunities span a total of 12,197 square feet of properties for sale, with an estimated market value of $1,679,000.

Sale prices for home sites in University Place, WA start at $479,000, averaging $839,500, and reaching up to $1,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 2
Residential land & home lots 2
Industrial land 1

Demographics Overview

Population 46K
Population Growth (5Y) +0.9%
Median Household Income $93,265
College Educated 41.0%

High-Yield Neighborhoods for Investment

Identify University Place submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Tacoma $479K
University Place $1.2M

Taxes & Financing

Tax Rate (average for all types) 1.02%
Property Tax per SF $7.83 per SF
Tax Rate vs County Average 0.11 pp above county avg
Average Loan-to-Value 65.0%

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