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$699,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 2 days ago

Listed by Ashley L Mills | Windermere Prof Partners | (253) 565-1189

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A rare Tacoma redevelopment opportunity with enormous potential. This historic property offers an expansive nearly 3/4 acre lot with a 37 unit configuration, creating an exceptional canvas for an investor, developer, or visionary buyer. Currently vacant and in need of a complete renovation, this property is ready for someone to bring imagination, creativity and strategic vision to its next chapter. Listed on the Historic Register, the property offers distinctive character and architectural significance alongside incredible development potential. A conditional use permit will be required. Conveniently located near the Tacoma Mall, major freeways, restaurants, shopping, and everyday amenities, the location offers both accessibility and strong surrounding infrastructure. The combination of scale, location, historic character makes this a truly uncommon opportunity.

Full Property Details for 5210 S State St

General

  • Price: $699,000
  • Taxes: $8,292 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2580303
  • Updated: 9/9/2026
  • Added to Site: 4 day(s) ago

Location

  • Area: 48 - South Tacoma
  • County: Pierce
  • Subdivision: South Tacoma
  • Driving Directions: GPS Friendly.

School Information

  • High School District: Tacoma

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Available
  • Water: Public

Structural Information

  • Structure Type: Multi Family
  • Exterior Const.: Brick, Wood Products
  • Roof: Composition
  • Stories in Building: 3
  • Square Feet: 23,350
  • Year Built: 1914

Unit Information

  • Units in Building: 37

Lot Features

  • Lot Size (Acres): 0.7317
  • Lot Size (Sq. Ft.): 31,875
  • Lot Size Source: Public Records

Financial Considerations

  • Tax Amount: $8,292
  • Tax Year: 2026
  • Terms: Cash, Owner Will Carry, Rehab Loan

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 2320001380

Listed by Ashley L Mills | Windermere Prof Partners | (253) 565-1189

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NMLS#: 1598647

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Schools serving 5210 S State St

School District:Tacoma Public Schools
NameGradesDistance
Edison Elementary School, Tacoma, WA
5830 South Pine Street, Tacoma, WA 98409
PK-50.6 mi
Angelo Giaudrone Middle School
4902 South Alaska Street, Tacoma, WA 98408
6-80.3 mi
Foss High School
2112 South Tyler Street, Tacoma, WA 98405
9-122.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5210 S State St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/09/2026
Listed
$699,000
-6.8%
MLS
9/17/2021
Sold
$750,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5210 S State St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,292
2%
$749,000
-5%
2024
$8,111
—
$788,800
8%
2024
$8,111
12%
$729,200
4%
2023
$7,261
24%
$699,700
37%
2022
$5,860
21%
$511,200
33%
2021
$4,832
15%
$384,500
24%
2020
$4,201
10%
$309,700
14%
2018
$3,817
—
$270,700
12%
2018
$3,817
21%
$241,600
23%
2017
$3,162
9%
$196,200
14%
2016
$2,904
2%
$172,100
5%
2015
$2,843
-64%
$163,500
-65%
2014
$7,984
—
$464,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Ashley L Mills | Windermere Prof Partners | (253) 565-1189

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5210 S State Street, Tacoma, WA 98409 (MLS# 2580303) is a Multi-Family property with 1 unit containing 0 bedrooms and 0 full bathrooms. 5210 S State Street is currently listed for $699,000 and was received on September 09, 2026. Want to learn more about 5210 S State Street? Do you have questions about finding other Multi-Family real estate for sale in New Tacoma? You can browse all New Tacoma real estate or contact a Coldwell Banker agent to request more information.

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