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Listed by Veronica Songco • Newberry Realty, Inc..
FOR SALE

$699,995

Est. $3,877/mo

Price reduced $20,000 from the original $719,995 asking price

2 bd•1 ba•1,710 sq ft

5220 64th Street W, University Place, WA 98467

• Listed Sep 17, 2026•33 days active · 33 cumulative

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★★★★★5.0·1,244 Google reviews

Listing Broker: Newberry Realty, Inc.; Veronica Songco; 206-919-5324; veronica@newberryrealty.com

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Listing Broker: Newberry Realty, Inc.; Veronica Songco; 206-919-5324; veronica@newberryrealty.com

About this home

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.

Property type
Single Family
Year built
1950
Interior
1,710 sq ft
Lot size
0.4034 acres
Parking
2-car garage
Price / sq ft
$409
HeatingWall Furnace
CoolingNone
Property taxes$7,072.16/yr (est.)
School districtTacoma

Listed by Veronica Songco • Newberry Realty, Inc.

Listing updated: October 5, 2026 at 12:12pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2582964

Around this home

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5220 64th Street W, University Place, WA 98467

List price
$699,995
Down payment
$139,999

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

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.

Property details

Interior features

  • Water Heater
  • Unfinished basement

Bedrooms

  • 2 bedrooms total
  • 2 on the main level

Bathrooms

  • 1 full bathroom
  • 1 on the main level

Layout

  • 1 Story w/Bsmnt.
  • 1,710 sq ft finished

Heating & cooling

  • Wall Furnace heating
  • None cooling

Schools

Ratings via SchoolDigger

Tacoma School District

  • Manitou Park
    Public · Grades Elementary
    —
  • Gray
    Public · Grades Middle
    —
  • Mt Tahoma
    Public · Grades High
    —

Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Level
Bus route
53

Systems

Energy source
Electric
Power production
Electric
Water heater
Electric
Power company
Puget Sound Energy
Water company
Pierce County Sewer
Sewer company
Tacoma Public Utilities
Irrigation water rights
No

New construction

Square footage source
Realist
Lot size source
Realist

Manufactured home

Land lease
No

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

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Sales & Tax Records for 5220 64th Street W

NWMLS via MLS Grid · Pierce County Assessor

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Oct 5, 2026
    Price reduced
    NWMLS via MLS Grid · #2582964
    $699,995
    $409/sq ft
  2. Sep 17, 2026
    Listed
    NWMLS via MLS Grid · #2582964
    $719,995
    $421/sq ft

Down payment assistance

6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.

Northwest MLS lists this home as eligible for down payment assistance programs

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$4,641 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: Newberry Realty, Inc.; Veronica Songco; 206-919-5324; veronica@newberryrealty.com

Market pulse

University Place is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • Offer insight: Well-priced homes draw multiple offers; others sell close to asking.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 47 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $809,000 Sold

    4 weeks ago

    5 bd•2.5 ba•~3,894 sq ft•Single Family

    6201 53rd Street Ct W, University Place, WA 98467

    1%

    Over list

    64

    Days on market

    0.9 mi

    Distance

  • $675,000 Sold

    5 weeks ago

    •Single Family

    6222 54th Avenue Ct W, University Place, WA 98467

    0%

    Over list

    123

    Days on market

    0.2 mi

    Distance

  • $485,000 Sold

    5 weeks ago

    3 bd•1.75 ba•~1,884 sq ft•Single Family

    5717 60th Street Ct W, University Place, WA 98467

    3%

    Under list

    22

    Days on market

    0.4 mi

    Distance

  • $673,375 Sold

    7 weeks ago

    4 bd•2.5 ba•~2,314 sq ft•Single Family

    6533 63rd Street W, University Place, WA 98467

    0%

    Under list

    118

    Days on market

    0.9 mi

    Distance

  • $699,000 Sold

    7 weeks ago

    4 bd•2.5 ba•~2,308 sq ft•Single Family

    5911 54th Street W, University Place, WA 98467

    7%

    Under list

    107

    Days on market

    0.8 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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Market data from MLS GRID / NWMLS · Updated Oct 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 20, 2026 at 9:58 AM PT (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.

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