$719,995
 $3,865 est/mo Sourced by Back At You

5220 64th Street,University Place, WA 98467

University Place, WA 98467

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Description

UNIVERSITY PLACE-AREA INVESTMENT & DEVELOPMENT OPPORTUNITY! Two parcels sold together. Parcel #0220265010 at 5220 64th St W features an unfinished home ready for completion. Framing, rough plumbing, electrical and HVAC/mechanical have passed inspection. Improvements include a new roof, windows, most doors, framed levels, code-compliant basement egress and upgraded 200A underground electrical service. The upgraded 3/4-inch water meter supports the potential addition of a bathroom and kitchen in the unfinished basement, offering studio, 1-bed/1-bath or 2-bed/1-bath rental configurations, subject to final permits and approvals. Temporary construction power is installed, inspected, signed off and active, providing power for construction and remodeling. Two approved DADU permits are in Ready-to-Issue status. Electrical connections are prepared, no off-site improvements are required, and water and sewer connections are included in the permit fees. Adjacent vacant Parcel #0220265011 at 6407 53rd Ave W offers additional development potential. A prior predevelopment concept explored two five-plex buildings/10 units; not approved or permitted. Near Joint Base Lewis-McChord (JBLM), shopping, dining, Tacoma Mall, Tacoma Community College, parks, Chambers Bay, transit, SR-16 and I-5. Buyer to verify all information, permits, costs and feasibility.

Details

MLS #2582964
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1950
Days On Site10
Listing Provided ByNewberry Realty, Inc. | Veronica Songco

Features

Bed(s)2
Bath(s) 1 Total
SQ Feet1,710
Garage2
BasementY
Story(s)1
Acreage0.40
Property ViewYes

Taxes

Property7072

Area Information

StateWA
CountyPierce
CityUniversity Place
Zip Code98467
Area45 South Tacoma
Community NameManitou
School DistrictMt Tahoma
Elementary SchoolManitou Park
High SchoolMt Tahoma
Listing VS Median (in Manitou)
Price:
$719,995
low | high
Med:
$429,000
90.416252890645% of Average
sqft:
1,710
low | high
Med:
1,152
82.631578947368% of Average
$ / sqft:
$421
low | high
Med:
$372
61.555375384551% of Average
On site:
10
low | high
Med:
107
9.345794392523% of Average
Sourced by Back At You

Market Activity 98467

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Based on information submitted to the MLS GRID as of September 27, 2026 at 3:40:11 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateWA
CountyPierce
CityUniversity Place
Zip Code98467
Area45 South Tacoma
Community NameManitou
School DistrictMt Tahoma
Elementary SchoolManitou Park
High SchoolMt Tahoma
Listing VS Median (in Manitou)
Price:
$719,995
low | high
Med:
$429,000
90.416252890645% of Average
sqft:
1,710
low | high
Med:
1,152
82.631578947368% of Average
$ / sqft:
$421
low | high
Med:
$372
61.555375384551% of Average
On site:
10
low | high
Med:
107
9.345794392523% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $539K - $899K
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
6225 S Huson Street Property Photo 1
$450,000
6225 S Huson Street
Tacoma, WA 98409
Listing Updated: September 21, 2026 at 10:23:57 AM PDT
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