Listing provided courtesy of Skyline Properties, Inc.NWMLSas Distributed by MLSGrid- MLS# NWM2500521MLS Provider

1507 E 58th StreetTacoma, WA 98404

Vacant Land · 2.18 Acres
$1,650,000 Active

1507 E 58th Street Overview

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Builders & Investors here's an excellent opportunity to acquire 3 tax parcels equaling 2+ level acres to construct a proposed 36-unit Townhome Community. These cutting edge townhomes have 3 bedrooms & 3.5 bathrooms with a great room and attached garage. Once built, these optimal designs will fly off the market as they're precisely what residential buyers are seeking. The survey, preliminary engineering, and site-plan have been reviewed by City of Tacoma. Per the seller, the time required to complete this short plat is about 120 days. This is a rare and top notch site in an up & coming neighborhood with rising demand for new residences.

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1507 E 58th Street Facts & Features

  • Type Vacant Land
  • Lot 2.18 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Tacoma
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 61 - Southeast Tacoma
  • Subdivision Name: East Tacoma

Tax Information

  • Tax Annual Amount: $5,269.00
  • Tax Year: 2025

General Information

  • Listing Terms: Cash
  • Parcel Number: 5345000310
  • Possible Use: Multi-Family,Residential,See Remarks
  • Property Sub Type: Land
  • Property Type: Land
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Heating: No
  • Living Area: 0
  • Main Level Bathrooms: 0

Exterior

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Curbs, Paved
  • Lot Size Acres: 2.182
  • Lot Size Dimensions: 395 X 240 M/L
  • Lot Size Square Feet: 95048
  • Lot Size Units: Square Feet
  • Property Features: Brush
  • Road Surface Type: Paved
  • Topography: Level, Sloped
  • Elevation Units: Feet
  • Water Source: In Street

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Structure Type: None

General Information

  • Carport: No
  • Electric On Property: No
  • Sewer: In Street
  • Utilities: Electricity Available, Natural Gas Available

1507 E 58th Street Neighborhood

Community

98404 (Tacoma) Demographics

34
Median Age
4,816
Population Density (per sq. mile)
25%
College Educated
$57,813
Estimated Median Income
7,746
Estimated Total Home Owners
4,788
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1507 E 58th Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1507 E 58th Street Market Data

Based on the last 30 days in this zip code

$471,526
Average List Price
$298
Average Price per Square Foot
32
Properties Sold
70
Average Days on Market
115
Properties for Sale
Calculations provided by Reliance Network

1507 E 58th Street History

Date Event Value Agent
3/31/2026Source: NWMLS Added to Database
March 31, 2026