$750,000
For Sale

4312 S Lawrence Street

Tacoma, WA 98409
Listing OfficeBest Choice Realty LLC
Browse 13 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

This 9,750 square foot lot has been approved to develop a three story, walk up style 12 unit multifamily building. Plans have been submitted to the City of Tacoma for their second review. Building permits will be available by closing (roughly 45-60 days). Existing home on the lot is vacant and scheduled for demolition. The property has been approved for a 12 year Multifamily Tax Exemption. Proposed square footage is 9,725 with 10, two bedroom units averaging 780 square feet and 2, one bedroom units averaging 704 square feet. Excellent location with bus stops, shopping and freeways via 38th Street near by.

  • Property Details
      • Utility FeaturesElectricity Available, Natural Gas Available
      • Style42 - Multi-Family
      • Middle SchoolGiaudrone Mid Sch
      • SubdivisionSouth Tacoma
      • Structure TypeMulti Family
      • Date ListedMay 16, 2025
      • Sewer InformationAvailable
      • Utility SourceAvailable
      • Property TypePurchase
      • Original List Price$700,000
      • MLS #2376270
      • MLS #2376270
      • Acres0.2238
      • School DistrictTacoma
      • CountyPierce
      • Taxes Annual$4,908
      • Cost750000
      • Elementary SchoolReed
      • High SchoolFoss
      • Property SubtypeLand
      • Days on Market (Cumulative)1

Location

Sarah McCormickReal Estate Group
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