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$719,995
2 Beds 1 Baths 2582964 MLS ACTIVE Status
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.

5220 64th Street W, University Place

Listing courtesy of Newberry Realty, Inc..

$715,000
3 Beds 2 Baths 2579564 MLS ACTIVE Status
Charming 1930's craftsman home, recently remodeled in 2020, offering 2,069 sqft of comfortable living space on more than half an acre in University Place. This 3 bedroom, 2 bath home blends character with an open, functional layout designed for everyday living and entertaining. The spacious main living area features an electric fireplace + gas stove and flows into the dining space and bright kitchen, complete with crisp cabinetry, generous counter space, stainless appliances, island with waterfall edge + seating, and large pantry. A custom-built bar featuring live-edge wood sourced from the property stays with the home, along with its wine/beer fridge. Multiple living and flex spaces provide options for an office, media room, playroom, or lounge area. The primary bedroom includes a private bath, while two additional bedrooms offer flexibility for guests or hobbies. Outside, the property truly shines with a substantial covered deck featuring a wood-burning fireplace, creating an inviting year-round outdoor living & entertaining space. This is where solid craftsmanship meets a modern remodel! The fully fenced backyard offers mature trees, garden space, terraced areas, and privacy on a secluded dead-end street. Enclosed covered parking, custom carriage doors, & newer 2020 roof, add to this homes appeal. Convenient University Place location near shopping, dining, parks, Chambers Bay & Puget Sound recreation, with easy access to Tacoma, Lakewood, JBLM, and major commuter routes.

4010 82nd Avenue W, University Place

Listing courtesy of Keller Williams Rty Tacoma.

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