602 E 65th Street Tacoma, WA 98404

Prime UR-1 development opportunity – 0.73-acre South Tacoma infill site with conceptual capacity for about 21 middle-housing homes (buyer to verify with City). One of the last available lots in this established area, this flat site with small, manageable trees and utilities already on the lot offers a highly buildable canvas for your next project. Ideally suited for Row Houses or Detached Courtyard Housing with potential unit lot subdivision and fee-simple townhome-style ownership, it’s an exceptional site for builders and investors targeting attainable housing in Tacoma. Surrounded by established neighborhoods and close to major arterials, this parcel offers convenient access to nearby retail, services, parks, and other points of interest. The property also benefits from adjacency to a non-active railroad, providing separation without the noise typically associated with rail. With its rare scale, flat topography, and flexible UR-1 zoning, this site is tailor-made for a small-to-mid-size infill developer delivering a high-demand courtyard/row house community. Developers and investors – bring your architect, UR-1 concept plans, and vision for 21+ modern Tacoma homes to this standout South Tacoma site. Non–owner-occupant third-party financing may be 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 with approval of buyer's finances.