Date
Details
Price
Change
Source
3/20/2026
Listed
$175,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$175,000
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Property Description
Secure a rare development opportunity in the heart of South Tacoma with these three prime, 6,000 sq. ft. building lots. Zoned UR3 and perfectly positioned in a high-growth corridor, these parcels offer untapped potential for the savvy investor or custom builder alike. Much of the "heavy lifting" is already complete, with sewer lines stubbed to each lot and water and electricity conveniently located at the street. Located just minutes from major freeways and shopping hubs, these level lots provide the ultimate canvas for a commuter or a strategic multi-unit project. Secure a single lot for a standalone home or purchase the entire trio to truly maximize your ROI in one of the city's most accessible neighborhoods. Buyer to investigate all aspects to their full satisfaction.
Full Property Details
Full Property Details for 7416 S Prospect St
General
- Price: $175,000
- Taxes: $38 (2025)
- Status: Active
- Type: Land Residential
- Source: NWMLS
- MLS ID: 2492063
- Updated: 3/20/2026
- Added to Site: 15 day(s) ago
Location
- Area: 49 - South Tacoma
- County: Pierce
- Subdivision: South Tacoma
- Driving Directions: Follow GPS
School Information
- High School District: Tacoma
- Elementary School: Arlington
- Middle School: Gray
- High School: Mt Tahoma
Utilities
- Sewer: On Property
- Water: In Street
- Utility Description: Electricity Available, Natural Gas Available
Structural Information
- Structure Type: Unspecified
Lot Features
- Lot Size (Acres): 0.1377
- Lot Size (Sq. Ft.): 6,000
- Lot Size Source: Public Records
- Street/Road Desc.: Paved
- Topography: Level
- Lot Features: Alley, Paved, Sidewalk
- Zoning: Multi-Family, Residential, See Remarks
Financial Considerations
- Tax Amount: $38
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Special Conditions: None
- Property ID: 2235000912
- Lot Number: 5
Listed by Kari Roberts | Windermere RE West Campus Inc | (253) 838-7900
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Schools
Schools serving 7416 S Prospect St
School District:Tacoma Public Schools
| Name | Grades | Distance |
|---|---|---|
Arlington Elementary School, Tacoma, WA 7202 South Pine Street, Tacoma, WA 98409 | PK-5 | 0.2 mi |
Gray Middle School, Tacoma, WA 6229 South Tyler Street, Tacoma, WA 98409 | 6-8 | 1.2 mi |
Mt Tahoma High School 4634 South 74th Street, Tacoma, WA 98409 | 9-12 | 1.5 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 7416 S Prospect St
Tax History
Tax History for 7416 S Prospect St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,651
—
$159,800
8%
2024
$1,651
22%
$147,700
14%
2023
$1,352
13%
$129,500
25%
2022
$1,196
20%
$103,600
31%
2021
$1,000
13%
$78,900
22%
2020
$887
22%
$64,800
21%
2018
$728
—
$53,700
18%
2018
$728
14%
$45,700
16%
2017
$640
5%
$39,400
10%
2016
$608
8%
$35,800
2%
2014
$565
—
$35,200
8%
2014
$565
—
$32,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7416 S Prospect St
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- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 2Total Baths
- 1,968Sq. Ft.
Listed by Nimrata Nand | Keller Williams Realty PS and Christopher John | Keller Williams Realty PS
- Condo
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 1,954Sq. Ft.
Listed by Thomas Meas | Compass
- Condo
- Active
- Updated 3 days ago
- 2Beds
- 3Total Baths
- 1,976Sq. Ft.
Listed by Daniel Bennett | RE/MAX Exclusive
- Multi-Family
- Active
- Updated 3 days ago
Listed by Mitch Baldridge | Hawkins Poe
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 2,091Sq. Ft.
Listed by Christel EM Osterstrom | Bcr Llc and Juli Anne Gibson | Bcr Llc
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 3Total Baths
- 2,229Sq. Ft.
Listed by Jeremy Martini | John L. Scott R.E.Tacoma North
- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 3Total Baths
- 2,360Sq. Ft.
Listed by Matt Harber | Keller Williams Rty Tacoma
- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 3Total Baths
- 2,701Sq. Ft.
Listed by Royal Omolade | Real Experts Realty
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- Land Residential
- Closed
- 0.1201Acres
Listed by Candice Frazier | Best Choice Realty LLC
Sold by Unrepresentd ZDefault | ZNonMember-Office-MLS
Sold by Unrepresentd ZDefault | ZNonMember-Office-MLS
- Single Family
- Closed
- 2Beds
- 1Total Bath
- 1,146Sq. Ft.
Listed by Debi Michael | Gateway Real Estate
Sold by Lisa Marlene Wray | eXp Realty
Sold by Lisa Marlene Wray | eXp Realty
- Single Family
- Closed
- 1Bed
- 1Total Bath
- 520Sq. Ft.
Listed by Aimee Burgess | eXp Realty and Lani Fisher | eXp Realty
Sold by No Member Specified | LS-NonOffice
Sold by No Member Specified | LS-NonOffice
- Land Residential
- Closed
- 0.2289Acres
Listed by Zach Flowers | Better Properties UP/Fircrest
Sold by Igor Mayster | John L. Scott R.E.Tacoma North
Sold by Igor Mayster | John L. Scott R.E.Tacoma North
7416 S Prospect Street, Tacoma, WA 98409 (MLS# 2492063) is a Land Residential property with a lot size of 0.1377 acres. 7416 S Prospect Street is currently listed for $175,000 and was received on March 20, 2026. Want to learn more about 7416 S Prospect Street? Do you have questions about finding other Land Residential 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.