PROPERTIES FOR SALE

1516 Lafayette Street S Tacoma, WA 98444

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NWMLS Courtesy of John L. Scott, Inc.
1516 Lafayette Street S
Tacoma, WA 98444
$624,950
Residential
7 Beds
3.00 Baths
2970 SqFt
Active
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Beautifully updated split-level home offering a rare and flexible living opportunity! This is a single-family residence (not a multifamily property) currently configured with 3 separate living areas, making it ideal for owner-occupants, investors, student housing, nurses, or long/short-term rental potential. Excellent opportunity to live in one unit while generating income from the others. Conveniently located near PLU, shopping, dining, and easy freeway access. Property features exterior updates including newer Hardi-panel siding, newer windows, doors, plumbing fixtures, and electrical fixtures. Fully fenced with ample parking and an outbuilding for additional storage. No HOAUnit A (upper/front) offers 3 bedrooms, 1 bath, spacious living room, laminate flooring, electric fireplace, LED lighting, large kitchen, metal railings, laundry room, and all appliances including washer/dryer. Occupied with lease through Feb 2027 at $2,300/month.Unit B (lower/front) is vacant and recently renovated with 2 bedrooms, 1 bath, living room, electric fireplace, updated kitchen and bath, new windows, mini-split A/C, washer/dryer, and all appliances. Estimated rent $2,300/month.Unit C (side/back entrance) features kitchen, dining area, 1 main-level bedroom, upper-level bedroom and bath, laundry room, and great overall condition. Occupied month-to-month at $1,800/month. Showing of occupied units after mutual acceptance.

Property Features

Community: Parkland
Split Entry
Fenced-Fully
High Speed Internet
Outbuildings
RV Parking
Exterior: Cement Planked
Roof: Composition
Parking: Driveway
Parking: Off Street
Parking: RV Parking
Year Built: 1978
2026 Taxes: $6715.33
Buyer Broker Comp.: 2.5%
Listing #: 2528587

Lot Details

Lot Size: 0.17 acres
Dead End Street
Paved

Appliances That Stay

Dishwasher
Disposal
Microwave
Refrigerator
Stove(s)/Range(s)
Washer

Interior

Second Kitchen
Second Primary Bedroom
Dining Room
Fireplace
Cooling: Ductless HP-Mini Split
Heating: Ductless HP-Mini Split, Wall Furnace
Electric
Fireplaces: 2

Schools

District: Franklin Pierce
Elem: James Sales Elem
Middle: Perry G Keithley Mid
High: Wash High
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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