4309 Tacoma Avenue S # 1,2 Tacoma, WA $ 540,000
4309 Tacoma Avenue S # 1,2
$ 540,000
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4309 Tacoma Avenue S # 1,2

Tacoma, WA, 98418
$ 540,000
Baths0.0 Sq 2,612

Monthly Estimate*

$ 3,369

Listed by Kelly Right RE of Seattle LLC
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Studio

Multi-Family Home for sale in Tacoma, WA

for $540,000. This 2,612 square foot home was built in 1916 on a lot size of 0.0941.

Rare investment opportunity in Tacoma! This property has been converted into condos, offering two updated units plus a third vacant lot with permit for 1-2 additional units for only an additional $100K. Unit 1 features 3 beds/1 bath, Unit 2 offers 2 beds/1 bath - both on separate meters for ease of management. Live in one, rent the others, or leas all for maximum income. With strong rental demand in the area, this is a prime chance to expand your portfolio and unlock added value. Zoned UR-1 which is 1 unit/1,500 sq.ft. The UR districts have bonuses for additional density for the provision of affordable housing and preserving the primary dwelling. See separate listing for vacant land # 2434011.

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Multi-Family Active

Price

$ 540,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Lot Size

0.0941

Year Built

1916

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2433284

Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Security Features Fully Fenced Partially Fenced
Year Built 1916
Unit Number 1 2
Property Subtype Multi Family
Tax Year 2025
County Pierce
Net Operating Income 0
Insurance Expense 0
New Construction N
Property Type Residential Income
HOA Y
Subdivision Name Lincoln
Possible Use Multi-Family Residential See Remarks
Special Listing Conditions None
Status Active
Directions Use Google Maps.
High School Lincoln High
City Tacoma
Senior Community Y/N N
High School District Tacoma
Zoning Description Multi-Family Residential See Remarks
Open Parking Spaces 2
Number Of Units Total 2
MLS Area 59 - Southeast Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 4100
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Elementary School Lyon
Tax Annual Amount 0
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Stewart
Property Condition Updated/Remodeled
Public Remarks Rare investment opportunity in Tacoma! This property has been converted into condos offering two updated units plus a third vacant lot with permit for 1-2 additional units for only an additional $100
Leasable Area 2612
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Water Company TPU
Units Below Grade true
Units In Building Total 2
Water Sewer Garbage 0
Property Style 52 - Duplex
Cap Rate 0
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Exterior
Exterior Amenities Cement/Concrete Wood Wood Products
Lot Features Alley Paved Sidewalk Value In Land
Water Source Public
Total Parking 2
Foundation Details Poured Concrete
Building Area Total 2612
Lot Dimensions 50x82
Lot Size Acres 0.0941
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Fenced-Fully Fenced-Partially
Parking Uncovered Spaces 2
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Interior
Flooring Ceramic Tile Concrete Laminate
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Wood
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2433284
Street Number 1 4309
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* Excluded Features
List By
Donnie Chhang

Listing Agent

Kelly Right Re Of Seattle Llc

Broker

Affordability Calculator

$3,369
Per Month
100%
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Monthly Principal & Interest
$3,369
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2813578 Elementary School
257206 Middle School
Lincoln High High School
Pricing History
DatePricePrice ChangeDescription
10/16/2025$540,000 -15.63% Price Down
10/11/2025$640,000 -5.88% Price Down
9/26/2025$680,000 -2.86% Price Down
9/17/2025$700,000 Listed Price

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4309 Tacoma Avenue S # 1,2, Tacoma, WA, 98418 is a Multi-Family Home for sale at $540,000 with 2,612 sqft and a lot size of 0.0941. 4309 Tacoma Avenue S # 1,2 is a studio with 0.0 baths and was built in 1916. The property's zip code is 98418 which is in Tacoma, WA