$379,000
 $2,035 est/mo Sourced by Back At You

4609 S Thompson Avenue,Tacoma, WA 98408

Tacoma, WA 98408

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Description

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)

Details

MLS #2527375
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1925
Days On Site103
Listing Provided ByTran Property Group | Ly Tran

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet1,274
Story(s)1
Acreage0.15

Taxes

Property6147

Area Information

StateWA
CountyPierce
CityTacoma
Zip Code98408
Area45 South Tacoma
Community NameSouth Tacoma
Listing VS Median (in South Tacoma)
Price:
$379,000
low | high
Med:
$434,500
35.356200527704% of Average
sqft:
1,274
low | high
Med:
1,643
21.036106750392% of Average
$ / sqft:
$297
low | high
Med:
$267
60.303565855898% of Average
On site:
103
low | high
Med:
46.5
100% of Average
Sourced by Back At You

Market Activity 98408

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Based on information submitted to the MLS GRID as of September 1, 2026 at 6:54:28 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.

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Learn More About This Property

StateWA
CountyPierce
CityTacoma
Zip Code98408
Area45 South Tacoma
Community NameSouth Tacoma
Listing VS Median (in South Tacoma)
Price:
$379,000
low | high
Med:
$434,500
35.356200527704% of Average
sqft:
1,274
low | high
Med:
1,643
21.036106750392% of Average
$ / sqft:
$297
low | high
Med:
$267
60.303565855898% of Average
On site:
103
low | high
Med:
46.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $284K - $473K
sqft: 956 - 1,500
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4611 S K Street
Tacoma, WA 98408
1017 S 48th Street Property Photo 1
$318,000
1017 S 48th Street
Tacoma, WA 98408
Listing Updated: July 30, 2026 at 8:36:20 AM PDT