$320,000
Reduced $179,500 — was $499,500
4609 Thompson Avenue
Tacoma, WA 98408
Beds
4
Baths
2
Sq Ft
1,274
Lot
0.15 ac
Year built
1925
Type
Residential
Days listed
163
MLS #
2527375
About this home
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)
Interior features
Exterior features
Appliances
Property details
- Heating
- Fireplace Insert
- Cooling
- None
- Flooring
- Vinyl Plank
- Parking
- Driveway
- Water source
- Public
- Sewer
- Sewer Connected
- Levels
- One
- Fireplaces
- 1
Costs
- Price / sq ft
- $251
- Annual taxes
- $6,148 (2026)
Estimate your monthly payment
$2,130/mo
- Principal & interest
- $1,618
- Property taxes
- $512
Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.
Location
Tacoma, WA 98408
Approximate location. Contact us to confirm the exact address.
Listing courtesy of Tran Property Group— Ly Tran.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.
Interested in this home?
Request a private tour or ask a question — a local agent will respond personally.