Listed by Haruichi Bearden, Keller Williams Eastside
- 4
- Bedrooms
- 2
- Bathrooms
- 1,770
- Square feet
- $364
- Per sq ft
- Single Family Residence
- Type
- 1915
- Year built
- 10,500 sq ft
- Lot
- 138
- Days on market
About this property
***Be sure to ask about our LENDER-PAID 1-0 BUYDOWN option! Enjoy an INTEREST RATE THAT IS 1% LOWER DURING YOUR FIRST YEAR.*** Short plat approval for Proposed 4-Unit Townhome Development plus an updated 1770 sqft home. Listing contains architectural and site plan documents related to the proposed development of four townhomes. The home is centrally located and has been updated with quartz counter tops, hardwood floors and tile bathrooms with room to put an additional bedroom. This updated home offers immediate rental income and compelling development upside. The property is currently rented at approximately $1,000 per room and features recent upgrades including quartz countertops, updated cabinetry, stainless steel appliances, tile shower/tub surround, LVP flooring, fresh interior paint, and updated trim, making it turnkey for continued rental use or resale. Reach out for more information site plan and development information. great opportunity to condo-minimize all 5 units. Builder resources available price range from $250-$300 a square ft.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2482990
- Listed
- February 25, 2026
- Days on market
- 138
- Price per sq ft
- $364
- Original list price
- $1,000,000
Unit & building
- Building
- Madrona Park
- Unit levels
- Two
Parking
- Parking
- Attached Carport
- Covered spaces
- 1
- Total spaces
- 2
Construction
- Year built
- 1915
- Style
- 12 - 2 Story
- Structure
- House
- Roof
- Composition
Heating & cooling
- Heating
- Baseboard
- Cooling
- None
- Energy source
- Electric
Interior features
- Features
- Ceiling Fan(s)Dbl Pane/Storm WindowFrench DoorsWater Heater
Flooring
- Flooring
- Ceramic TileVinyl Plank
Appliances
- Appliances
- DishwasherDisposalMicrowaveRefrigeratorStove(s)/Range(s)Washer
Community & building features
- Bus line nearby
- Yes
Lot
- Lot size
- 10,500 sq ft
Terms
- Terms offered
- CashConventionalSee RemarksVA Loan
Utilities
- Water
- Tacoma Public Utilities
- Sewer
- City of Tacoma
- Power
- PSE
Schools
- District
- Tacoma
- Elementary
- Buyer To Verify
- Middle
- Buyer To Verify
- High
- Buyer To Verify
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- Two
- Attached Carport
- House
- Composition
- Baseboard
- None
- Electric
- Ceiling Fan(s)
- Dbl Pane/Storm Window
- French Doors
- Water Heater
- Ceramic Tile
Listing history
Listed
$1,000,000
February 25, 2026
Current price
$645,000
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$3,756
- Principal & interest
- $3,261
- Property tax (est.)
- $495
Assumes $129,000 down (20%), a $516,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of July 13, 2026 at 10:01 PM 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.