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Open house Sat, Oct 10

$349,950

5813 M Street

Tacoma, WA 98404

Active
Territorial view

Beds

4

Baths

2

Sq Ft

1,148

Lot

0.13 ac

Year built

1970

Type

Residential

Days listed

1

MLS #

2593005

About this home

SHORT SALE opportunity in East Tacoma! Build instant equity with this 4 bedroom, 2 full bath single-level rambler priced well below market. The house next door, with similar square footage, sold for $489,000 in September 2026 after a full remodel. Here, the key upgrades are already in place: an updated kitchen with granite counters, custom cabinets and stainless steel appliances, laminate flooring in the living and dining areas, a separate laundry room, and a sewer line repaired in 2023. The remaining work is mostly cosmetic. Install new flooring in the bedrooms, paint, clean up the landscaping and refresh the siding to unlock the value. Level 5,500 sf lot with a large fenced backyard, covered patio and RV parking. One-story living with all 4 bedrooms on the main floor. Quiet Eastside street near Swan Creek Park, schools, bus lines, Tacoma Mall, shopping and quick I-5 access. A true value-add opportunity: ideal for investors, flippers, BRRRR and rental buyers, or a first-time buyer ready to add sweat equity with a renovation loan such as FHA 203k or HomeStyle. Fixer and handyman special priced to sell. Cash and renovation financing welcome. Short sale subject to lender approval. Sold as-is.

Interior features

Bath Off PrimaryPantryWalk-In Closet(s)

Exterior features

Metal/Vinyl

Appliances

DishwasherMicrowaveRefrigeratorStove(s)/Range(s)

Schools

Elementary

Sheridan

Middle

First Creek Mid

High

Lincoln High

Property details

Heating
Wall Furnace
Cooling
None
Flooring
Ceramic Tile, Hardwood, Carpet
Parking
Off Street, RV Parking
View
Territorial
Lot
Paved
Water source
Public
Sewer
Sewer Connected
Levels
One

Costs

Price / sq ft
$305
Annual taxes
$4,103 (2026)

Estimate your monthly payment

$2,111/mo

Principal & interest
$1,770
Property taxes
$342
Loan amount $279,960

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 98404

Approximate location. Contact us to confirm the exact address.

Listing courtesy of eXp Realty— Marvin Gaviria.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.

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