Active · Residential

15420 62nd Avenue E, Puyallup, WA 98375

Puyallup, WA 98375

$1,500,000

3 bedrooms · 2 bathrooms · 1,530 sq ft

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Listing provided by Washington Real Estate · MLS #2518867 · Active

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About this property

Prime ~4.83-acre development opportunity in Pierce County’s Urban Corridor (UCOR) zoning. Sewer in the street unlocks true multifamily and mixed-use potential. Ideal for apartments, townhomes, or a mixed-use project. UCOR allows higher-density, transit-oriented development along major corridors—perfect for capturing strong rental demand and long-term appreciation. Flat, usable site with strong layout potential for ~70–140 units (buyer to verify). Conceptual planning supports efficient garden-style or higher-density product. Flexible zoning supports residential, commercial, or blended uses—giving developers multiple exit strategies. Located in a growing South Hill/Puyallup corridor with expanding infrastructure, retail, and housing demand. Easy access to major arterials, employment centers, and amenities enhances project feasibility and absorption. Sewer availability significantly reduces development barriers and increases achievable density compared to septic-limited sites. Power, water, and other utilities nearby (buyer to verify). Excellent opportunity for builders, multifamily developers, or investors seeking a scalable project in a high-growth submarket. Entitlement upside with UCOR designation aligned with Pierce County’s long-term growth strategy. Buyer to verify all information to their satisfaction, including zoning, density, utilities, and development requirements.

Property details

Property type: Single Family Residence
Year built: 1910
Lot size: 210,395 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $6,809 (2026)
Parking spaces: 6
School district: Bethel

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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