1516 Lafayette St S

Tacoma, WA 98444
  • $624,950

    Price
  • 7

    Bed
  • 3

    Bath
  • 2,970

    SqFt

About the Listing 6040 - 32907,40064

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, 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.

Listing Highlights

Status Active
Days on Site 3
Property Type Residential
MLS ® 2528587
Year Built 1978
Total Square Footage 2,970
Lot/Acreage 0.17
County Pierce
Neighborhood Parkland
School District Franklin Pierce
Elementary School James Sales Elementary
Middle School Perry G Keithley Middle
High School Wash High

Interior Details

  • Bedrooms: 7
  • Bathrooms: 3 Full
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s)
  • Air Cond:
  • Heating:
  • Fireplaces: 2, Electric,2 Fireplace
  • Floor: Laminate
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Second Kitchen,Second Primary Bedroom,Dining Room,Fireplace
  • Water: Parkland Light & Water

Exterior Details

  • Lot Description: Dead End Street,Paved,Built On Lot,Fenced-Fully,High Speed Internet,Outbuildings,RV Parking
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Roof: Composition
  • Others: Cement Planked,Updated/Remodeled
  • Sewer: Pierce County Sewer
  • Parking Features: Driveway,Off Street,RV Parking

Financial Details

  • Tax Amount: $6,715
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 9265004571
  • Tax Year: 2026

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

1516 Lafayette St S Tacoma, WA 98444

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: nwmls

|

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way