$699,000
Est. $3,612/mo37 bd•2 ba•23,350 sq ft
5210 S State Street, Tacoma, WA 98409
• Listed 2026-09-09•New today
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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.
Listed by Ashley L Mills • Windermere Prof Partners
Listing updated: September 9, 2026 at 02:42pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2579379
5210 S State Street, Tacoma, WA 98409
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
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Tacoma is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: Days-on-market data not available for this area.
$390,000 Sold
6 weeks ago
•Single Family
4534 S Pine Street, Tacoma, WA 98409
7%
Under list
—
Days on market
0.6 mi
Distance
$2,850 Sold
2 months ago
3 bd•2.5 ba•Single Family
3307 S 43rd Street, Tacoma, WA 98409
0%
Over list
—
Days on market
0.9 mi
Distance
$660,000 Sold
3 months ago
4 bd•3 ba•~2,484 sq ft•Single Family
5016 Tacoma Mall Blvd, Tacoma, WA 98409
6%
Over list
—
Days on market
0.1 mi
Distance
$660,000 Sold
3 months ago
4 bd•3 ba•~2,484 sq ft•Single Family
5016 Tacoma Mall Blvd, Tacoma, WA 98409
6%
Over list
—
Days on market
0.1 mi
Distance
$240,000 Sold
3 months ago
3 bd•1 ba•~1,460 sq ft•Single Family
5430 S Birmingham Street, Tacoma, WA 98409
4%
Over list
—
Days on market
0.7 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 9, 2026 at 02:42pm (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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