For Sale · MLS #2458645
2810 Redwood St, Milton, WA 98354

2810 Redwood St — 1.73-Acre Multifamily Development Opportunity (Zoned URM)

$720,000
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2810 Redwood St — 1.73-Acre Multifamily Development Opportunity (Zoned URM) - View 1
2810 Redwood St — 1.73-Acre Multifamily Development Opportunity (Zoned URM) - View 2
2810 Redwood St — 1.73-Acre Multifamily Development Opportunity (Zoned URM) - View 3
4
Bedrooms
1
Bathrooms
2,512
Square Feet
2
Garage / Carport

Development & Investment Overview

Rare multifamily development opportunity in the heart of Milton! Spanning 1.728 acres (75,271 sq ft) across two contiguous parcels (Tax IDs 5835000240 and 5835000251), this property is zoned URM (Urban Residential Moderate Density), permitting approximately 14 to 16 multifamily units.

Even better for builders and developers: two sewer hookups are already paid for and connected to the property, saving substantial permitting time and utility connection capital. Located within the Puyallup Tribe land boundary in a high-demand Pierce/King County commuter corridor just minutes from I-5 and Highway 167, the site offers exceptional access to Tacoma, Puyallup, Federal Way, and the Kent Valley.

Key Development & Site Features

  • 1.728 Acres Total (75,271 Sq Ft) — Includes Parcel #5835000240 & Parcel #5835000251
  • Zoned URM — Allows for 14 to 16 multifamily residential units
  • 2 Paid Sewer Hookups — Already connected to the property
  • Existing Improvements — 2,512 sq ft 1.5-story home w/ basement (built 1922; fire damage in living room, value primarily in land/entitlements), 2-car detached garage, and 2 outbuildings
  • Utilities Available — Sewer connected, public water, electricity, and natural gas
  • Strategic Jurisdiction — Situated within Puyallup Tribe land and Fife School District

Official NWMLS Specifications

  1. NWMLS Number #2458645
  2. Zoning URM (14–16 Multifamily Units Permitted)
  3. Total Land Area 1.728 Acres (75,271 Sq Ft across 2 Parcels)
  4. Parcel Numbers 5835000240 & 5835000251
  5. Sewer Infrastructure 2 Sewer Hookups Paid For & Connected
  6. Existing Structure 2,512 Sq Ft (4 Bed, 1 Bath + Detached Garage & 2 Outbuildings)
  7. Annual Property Taxes $5,693 (2025)
  8. School District Fife (Discovery Primary · Surprise Lake Middle · Fife High)
NWMLS Listing Attribution: Listing #2458645 · Listed by Connor J. Shoemaker (WA License #139167), Keller Williams Realty Puyallup. Information deemed reliable but not guaranteed.
Connor Shoemaker
Connor Shoemaker
4th Gen Realtor®, ABR®, SRES® · Keller Williams Realty Puyallup
5.0/5
Rating
3 (5.0★)
Google
4th Gen
Heritage
Key Listing Facts
  • MLS # 2458645
  • Lot Size 1.728 Acres (75,271 Sq Ft)
  • Zoning URM (14–16 Multifamily Units)
  • Parcels Included 2 (5835000240 & 5835000251)
  • Sewer 2 Paid Hookups Connected
  • Existing Home 2,512 Sq Ft (1922)
  • Annual Taxes $5,693
  • HOA Dues $0 / None
What's Nearby
  • Commuter Corridors Immediate access to I-5, SR-167 & SR-99
  • Employment Hubs Port of Tacoma (10 min), Federal Way (10 min), Puyallup (10 min)
  • Shopping & Amenities Milton Way retail, Surprise Lake Village & Edgewood dining
  • Recreation Interurban Trail, Surprise Lake & Fife Community Park
  • Schools Discovery Primary, Surprise Lake Middle & Fife High School
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