Listed by Gary Rudd, Windermere Prof Partners
- Land
- Type
- 104,108 sq ft
- Lot
- 68
- Days on market
About this property
Prime Development Opportunity in University Place – R-2 Zoned LotUnlock the potential of this ideally located vacant parcel on 57th Ave in sought-after University Place. Zoned Residential 2 (R-2), this property offers exceptional flexibility for a variety of residential development options, including single-family homes, duplexes, triplexes, fourplexes, townhomes, and accessory dwelling units.City water and sewer are available, making this a strong candidate for future development. The lot presents a relatively clean slate compared to many competing properties—no existing structures to demolish and minimal clearing required beyond some vegetation and possible trees along the southern boundary.Positioned in an established residential area, the property is bordered by an apartment complex to the east and single-family homes to the south, supporting a range of compatible housing types. A parcel to the north provides separation from Cirque Dr W, adding to the site’s privacy and setting.Buyer to verify all informationGreat opportunity to build in desirable University Place! This vacant 57th Ave parcel is zoned Residential 2 (R-2), allowing a variety of housing types including single-family, duplexes, townhomes, and ADUs. City water and sewer available.Property offers a clean slate with no existing structures to demo and minimal clearing needed. Located in an established area with apartments nearby and single-family homes surrounding. Leach Creek is over 100 ft from theW
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2511682
- Listed
- April 30, 2026
- Days on market
- 68
Construction
- Style
- 42 - Multi-Family
- Structure
- None
Lot
- Lot features
- Dead End Street
- Lot size
- 104,108 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Utilities
- Electricity AvailableNatural Gas Available
- Water
- AvailableIn Street
- Sewer
- In Street
Schools
- District
- Tacoma
- Elementary
- Buyer To Verify
- Middle
- Buyer To Verify
- High
- Buyer To Verify
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- None
- Dead End Street
- Cash
- Conventional
- Electricity Available
- Natural Gas Available
- Available
- In Street
Listing history
Listed
$500,000
April 30, 2026
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$2,911
- Principal & interest
- $2,528
- Property tax (est.)
- $383
Assumes $100,000 down (20%), a $400,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
Similar nearby listings

$550,000
5835 54th Street W
University Place, WA

$600,000
3122 Oas Drive W
University Place, WA

$579,999
6112 71st Avenue Ct W
University Place, WA

$489,950
7819 28th Street W
University Place, WA

$515,000
9401 Columbine Circle W
University Place, WA

$629,900
8414 56th Street W
University Place, WA
Based on information submitted to the MLS GRID as of July 13, 2026 at 10:45 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.