5114 112th Street E, Tacoma, WA 98446
Property image
Property image
SOLD
OCT 27, 2025
Listed by Kyle Milton, Better Homes and Gardens RE PC, (253) 435-5500 . Bought with ZNonMember-Office-MLS

5114 112th Street E
Tacoma, WA 98446

    $5,550,000

    Last Sold: Oct 27, 2025
    18% below list $6.75M

    $5,550,000

    Last Sold: Oct 27, 2025
    18% below list $6.75M
    (on 9.36 acres)

    Local Information

    • Map ViewExplore the area around 5114 112th Street E.
    • Schools1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Home Highlights

    Property Type
    Lot/Land
    Lot Size
    9.36 acres
    HOA
    None

    Description

    A golden opportunity for the right developer, this strategically located 9.36-acre site consists of 2 parcels set within a rapidly expanding area of Pierce County. Recently rezoned to Urban Corridor (UCOR) allowing up to 60 dwelling units/net acre and a 55’ height limit, with the potential to increase the height limit to 75’ through bonus programs. With easy access to Hwy 512, the zoning allows for a variety of high-density uses including multifamily, senior housing, and mixed-use. Nearly 650’ of frontage along 112th with sewer/water/power in the street. Approximate wetlands have been mapped but not officially delineated, potential for mitigation to reduce buffer zones. Buyer to verify all information. Parcels: 0319121086 and 0319121070.
    5114 112th Street E, Tacoma, WA 98446 is a lot/land. It last sold for $5,550,000 on Oct 27, 2025 (18% below the $6,750,000 asking price). It is currently off market. The Trulia Estimate rent is $1,892/month.
    Last check for updates: 42 minutes ago
    Listed by Kyle Milton
    Better Homes and Gardens RE PC
    Bought with: Non Member ZDefault, ZNonMember-Office-MLS
    Source: NWMLS as distributed by MLS GRID, MLS#1894109

    Home Details for 5114 112th Street E

    Active Status

    MLS Status: Sold

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Available
    Fireplace & Spa
    No Fireplace
    Gas & Electric
    Electric: In StreetGas: Not AvailableNo Electric on Property
    View
    No View

    Exterior Features

    Parking & Garage
    No Carport
    Frontage
    Responsible for Road Maintenance: County MaintainedRoad Surface Type: PavedNot on Waterfront
    Water & Sewer
    Sewer: In Street
    Farm & Range
    Does Not Include Irrigation Water Rights
    Surface & Elevation
    Elevation Units: Feet

    Days on Market

    Cumulative Days on Market: 328

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved LandStructure Type: Multi FamilyArchitecture: Multi Family
    Property Information
    Usage of Home: See RemarksParcel Number: 0319121086

    Price & Status

    Price
    List Price: $6,750,000
    Status Change & Dates
    Off Market Date: Mon Oct 27 2025Possession Timing: Close Of Escrow

    Location

    Direction & Address
    City: TacomaCommunity: Midland
    School Information
    High School District: Bethel

    Community

    Not Senior Community

    Lot Information

    Lot Area: 9.36 Acres

    Listing Info

    Special Conditions: Standard

    Offer

    Listing Terms: See Remarks

    Miscellaneous

    Mls Number: 1894109Offer Review: Seller intends to review offers upon receiptShowing Requirements: See Remarks

    Price History for 5114 112th Street E

    DatePriceEventSource
    10/27/2025$5,550,000Sold
    NWMLS as distributed by MLS GRID #1894109
    03/28/2023$6,750,000PendingNWMLS as distributed by MLS GRID #NWM1894109
    01/20/2023$6,750,000PriceChange
    NWMLS as distributed by MLS GRID #1894109
    11/21/2022$8,000,000PendingToActiveNWMLS as distributed by MLS GRID #1894109
    05/25/2022$8,000,000PendingNWMLS as distributed by MLS GRID #1894109
    04/04/2022$8,000,000PriceChange
    NWMLS as distributed by MLS GRID #1894109
    03/01/2022$10,000,000Listed For SaleNWMLS as distributed by MLS GRID #1894109
    09/28/2018$399,719Sold
    N/A

    Market trends in Clover Creek

    Last updated June 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    —
    Sale-to-List Price
    —
    Price per sq ft
    —
    Available listings
    19
    4    MoM
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    Property Tax and Assessment

    Year2024
    Tax$6,034
    Assessment$563,800
    Home facts updated by county records

    Comparable Sales for 5114 112th Street E

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    4210 120th Street E, Tacoma, WA
    0.82
    Lot/Land
    $72,000
    10/28/25
    -
    -
    12520 62nd Avenue E, Puyallup, WA
    1.02
    Lot/Land
    $761,145
    03/26/26
    -
    -
    3416 138th Street E, Tacoma, WA
    1.95
    Lot/Land
    $200,000
    12/18/25
    -
    -
    10007 20th Avenue E, Tacoma, WA
    2.08
    Lot/Land
    $302,711
    12/09/25
    -
    -
    0 XXX 128th Street E, Tacoma, WA
    2.99
    Lot/Land
    $5,500,000
    09/16/25
    -
    -
    2716 Brookdale Road E, Tacoma, WA
    2.36
    Lot/Land
    $130,000
    08/01/25
    -
    -
    10 XX S Fruitland, Puyallup, WA
    2.52
    Lot/Land
    $214,000
    02/06/26
    -
    -
    3320 13th St SW, Puyallup, WA
    2.40
    Lot/Land
    $250,000
    06/01/26
    -
    -

    Nearby homes

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    Assigned Schools

    These are the assigned schools for 5114 112th Street E.
    View nearby schools on GreatSchools
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    What Locals Say about Clover Creek

    At least 16 Trulia users voted on each feature.

    • 100 % Say car is needed

    • 79 % Say yards are well-kept

    • 74 % Say parking is easy

    • 64 % Say kids play outside

    • 63 % Say it's dog friendly

    • 62 % Say there's holiday spirit

    • 50 % Say they plan to stay for at least 5 years

    • 47 % Say neighbors are friendly

    • 45 % Say streets are well-lit

    • 38 % Say there's wildlife

    • 36 % Say people would walk alone at night

    • 35 % Say it's quiet

    • 33 % Say it's walkable to grocery stores

    • 30 % Say it's walkable to restaurants

    • 24 % Say there are sidewalks

    • 19 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Trulia User
      "Fairly quiet streets to walk down with your dog however there are a lot of streets without sidewalks. A lot of dogs in the area, so be attentive while on walks. "
      0
      Flag
    • Voldemort
      "I’ve lived here for a year and for the most part its pretty quiet. Nobody really bothers you. Would be nice if dogs were allowed to be off leash to play for a bit though. That’s about it "
      0
      Flag
    • Agblegacy
      "Privacy. Convenient location to freeway, stores, doctors and work. Centrally locates from major cities, local transit, major airport, bus terminals, train stations and ferry terminals. "
      0
      Flag
    • Agblegacy
      "There is a lot of dog people in our neighborhood. And one is not responsible. Otherwise we love our neighborhood. "
      0
      Flag

    LGBTQ Local Legal Protections

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    Homes for sale near 5114 112th Street E

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    Off Market Homes Near 5114 112th Street E

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    Based on information submitted to the MLS GRID as of 2026-07-22 06:34:43 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.
    IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS Click here for more information