Listed by Ly Tran, Tran Property Group
- 4
- Bedrooms
- 2
- Bathrooms
- 1,274
- Square feet
- $353
- Per sq ft
- Single Family Residence
- Type
- 1925
- Year built
- 6,500 sq ft
- Lot
- 53
- Days on market
About this property
Investor & developer opportunity in Tacoma! Welcome to 4609 S Thompson Ave, a property with strong potential for buyers looking to maximize value. The existing main home offers the opportunity to generate rental income while exploring future development options on the lot. With the possibility of adding 4-6 additional units, this property is ideal for investors, builders, or developers looking for a strategic project in an established Tacoma neighborhood. Conveniently located near local amenities, schools, parks, transit, and major commuter routes, this property offers both current income potential and long-term upside. Rent the main home while you work through permitting and development plans. Buyer to verify all zoning, feasibility, utility capacity, permitting, and development potential to their satisfaction. (UR3 Zone)
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2527375
- Listed
- May 21, 2026
- Days on market
- 53
- Price per sq ft
- $353
- Original list price
- $499,500
Unit & building
- Unit levels
- One
Parking
- Parking
- Driveway
Construction
- Year built
- 1925
- Style
- 10 - 1 Story
- Structure
- House
- Roof
- Composition
Heating & cooling
- Heating
- Fireplace Insert
- Cooling
- None
- Energy source
- Electric
Interior features
- Features
- Fireplace
- Fireplaces
- 1
- Fireplace type
- Electric
Flooring
- Flooring
- Vinyl Plank
Appliances
- Appliances
- DishwasherDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer
Lot
- Lot size
- 6,500 sq ft
Terms
- Terms offered
- CashConventionalFHARehab Loan
Utilities
- Water
- Public
- Sewer
- Sewer Connected
Schools
- District
- Tacoma
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- One
- Driveway
- House
- Composition
- Fireplace Insert
- None
- Electric
- Fireplace
- Vinyl Plank
- Dishwasher
- Dryer
- Microwave
Listing history
Listed
$499,500
May 21, 2026
Current price
$450,000
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
$2,620
- Principal & interest
- $2,275
- Property tax (est.)
- $345
Assumes $90,000 down (20%), a $360,000 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 11:01 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.