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Provided by NWMLS, Listed by Jason Pittman, 253-286-4663 at Washington Real Estate
3 Beds
2 Baths
1,530 sqft

$1,500,000

15420 62nd Avenue E, Puyallup WA, 98375

Price per sqft$980.39
Built in1910
Property size1,530 sqft
Property typeResidential

Overview

Active

Updated 12 days ago

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.

$9,980/mo

Est. mortgage payment based on a $1,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2518867

Interior Features

Bedrooms
3
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
4.83 Acres

Other Property Details

Taxes
$6,809
Tax Frequency
Annually
Garage
Yes
55+/Senior Community
No
MLS provider logo

Provided by NWMLS, Listed by Jason Pittman, 253-286-4663 at Washington Real Estate

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 10/4/2026. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 10/4/2026 at 5:24 AM UTC . 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.

©2026 Northwest Multiple Listing Service all rights reserved.

Data last updated on 10/4/2026 at 5:24 AM UTC 

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