1516 Lafayette Street S
Tacoma, WA, 98444 $ 624,950
Bedrooms7 Baths3.0 Sq 2,970 Monthly Estimate*
$ 3,848
Listed by John L. Scott, Inc.
for $624,950 with 7 bedrooms and 3 full baths. This 2,970 square foot home was built in 1978 on a lot size of 0.1722.
Beautifully updated split-level home offering a rare and flexible living opportunity! This is a single-family residence (not a multifamily property) currently configured with 3 separate living areas, making it ideal for owner-occupants, investors, student housing, nurses, or long/short-term rental potential. Excellent opportunity to live in one unit while generating income from the others. Conveniently located near PLU, shopping, dining, and easy freeway access. Property features exterior updates including newer Hardi-panel siding, newer windows, doors, plumbing fixtures, and electrical fixtures. Fully fenced with ample parking and an outbuilding for additional storage. No HOAUnit A (upper/front) offers 3 bedrooms, 1 bath, spacious living room, laminate flooring, electric fireplace, LED lighting, large kitchen, metal railings, laundry room, and all appliances including washer/dryer. Occupied with lease through Feb 2027 at $2,300/month.Unit B (lower/front) is vacant and recently renovated with 2 bedrooms, 1 bath, living room, electric fireplace, updated kitchen and bath, new windows, mini-split A/C, washer/dryer, and all appliances. Estimated rent $2,300/month.Unit C (side/back entrance) features kitchen, dining area, 1 main-level bedroom, upper-level bedroom and bath, laundry room, and great overall condition. Occupied month-to-month at $1,800/month. Showing of occupied units after mutual acceptance.
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FeaturesGeneralLiving Area 2970
Sewer Sewer Connected
Heating Ductless Wall Furnace
Cooling Ductless
Possession Closing
Roof Composition
Appliances Dishwasher Disposal Microwave Refrigerator Stove(s)/Range(s) Washer
HOA Fee 0
Security Features Fully Fenced
Year Built 1978
Levels Multi/Split
Property Subtype Single Family Residence
Tax Year 2026
County Pierce
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Parkland
Full Baths 3
Special Listing Conditions None
Status Active
Directions From Hwy 512 Steele St exit S on Steele Left on 112th St S R on Ainsworth L on Lafaytte.
High School Wash High
City Tacoma
Entry Location Main
Senior Community Y/N N
High School District Franklin Pierce
MLS Area 63 - Parkland
Lot Size Units Square Feet
Lot Size Square Feet 7500
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School James Sales Elem
Land Lease Y/N N
Tax Annual Amount 6715.33
Middle/Junior High School Perry G Keithley Mid
Property Condition Updated/Remodeled
Public Remarks Beautifully updated split-level home offering a rare and flexible living opportunity! This is a single-family residence (not a multifamily property) currently configured with 3 separate living areas
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company Parkland Light & Water
Property Style 14 - Split Entry
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InteriorInterior Amenities Second Kitchen Second Primary Bedroom Dining Room Fireplace
Flooring Laminate
Total Fireplaces 2
Fireplace Features Electric
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 0
3/4 Baths 0
Total Bedrooms 7
Main Level Bedrooms 0
Total Baths 3
Fireplaces Upper 1
Fireplaces Lower 1
Power Production Type Electric
Baths Three Quarter Garage 0
Baths Three Quarter Lower 0
Baths Three Quarter Main 0
Baths Three Quarter Upper 0
Bedrooms Lower 2
Bedrooms Upper 5
Baths Half Upper 0
Baths Half Main 0
Baths Half Lower 0
Baths Half Garage 0
Baths Full Upper 2
Baths Full Main 0
Baths Full Lower 1
Baths Full Garage 0
Bathrooms 3
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ExteriorExterior Amenities Cement Planked
Parking Features Driveway Off Street RV Parking
Lot Features Dead End Street Paved
Water Source Public
Total Parking 0
Inclusions Dishwasher(s) Garbage Disposal Microwave(s) Refrigerator(s) Stove(s)/Range(s) Washer(s)
Foundation Details Poured Concrete
Building Area Total 2970
Lot Size Acres 0.1722
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Fenced-Fully High Speed Internet Outbuildings RV Parking
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Internal OnlyOriginalMLSID NWM2528587
Street Number 1 1516
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* Excluded FeaturesList ByMarianna N MikshanskiyListing Agent
John L. Scott, Inc.Broker
Affordability Calculator
- Monthly Principal & Interest
- $3,848
- Monthly Property Taxes
- $560
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbySingle family listings in Tacoma, WA
Average List Price $647,211
Percent of Sale Price 4%
About Tacoma, WA 214,955 Population
12% Since 2002
$ 54,909 Median Income
37.66 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4565735 Elementary School
257289 Middle School
Wash High High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/23/2026 | $624,950 | | Listed Price |