15420 62nd Avenue E, Puyallup, WA 98375

$1,500,000
3
BD
2
BA
1,530
SqFt

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Listing courtesy of Washington Real Estate.

List Price
$1,500,000
Status
ACTIVE
MLS#
2518867
Days on Market
81
Bedrooms
3
Finished SqFt
1,530
Area Total SqFt
1530
Annual Tax Ammount
6809
Lot Size (sq ft)
210,395
Sewer
Available, Septic Tank

Property Description

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.

Additional Information

Community
Puyallup
Style
11 - 1 1/2 Story
Year Built
1910
Total Covered Parking
6
Roof
Composition
Site Features
Barn, Cable TV, Deck, Fenced-Fully, High Speed Internet, Outbuildings, RV Parking
Tax Year
2026
School District
Bethel
Potential Terms
Cash, Conventional
Interior Features
Dbl Pane/Storm Window
Flooring
Ceramic Tile, Laminate, Carpet
Driving Directions
From Canyon Rd, East on 160th St E, North on 62nd Ave E to address
Appliance
Dishwasher, Microwave, Refrigerator, Stove(s)/Range(s)
Appliances Included
Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)
Energy Source
Electric
Based on information submitted to the MLS GRID as of . 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.
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