1516 Lafayette Street S, Tacoma, WA 98444
- $602,000
- 7
- BD
- 3
- BA
- 2,970
- SqFt
Listing courtesy of John L. Scott, Inc.. Selling Office: RSVP Brokers ERA.
- Sold Price
- $602,000
- List Price
- $624,950
- Status
- SOLD
- MLS#
- 2528587
- Closing Date
- Jul 06, 2026
- Days on Market
- 10
- Bedrooms
- 7
- Finished SqFt
- 2,970
- Area Total SqFt
- 2970
- Annual Tax Ammount
- 6715.33
- Lot Size (sq ft)
- 7,500
- Fireplace
- Yes
- Sewer
- Sewer Connected
Property Description
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.
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Additional Information
- Community
- Parkland
- Style
- 14 - Split Entry
- Year Built
- 1978
- Roof
- Composition
- Site Features
- Fenced-Fully, High Speed Internet, Outbuildings, RV Parking
- Tax Year
- 2026
- School District
- Franklin Pierce
- Elementary School
- James Sales Elem
- Middle School
- Perry G Keithley Mid
- High School
- Wash High
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Interior Features
- Second Kitchen, Second Primary Bedroom, Dining Room, Fireplace
- Flooring
- Laminate
- Driving Directions
- From Hwy 512, Steele St exit, S on Steele, Left on 112th St S, R on Ainsworth, L on Lafaytte.
- Appliance
- Dishwasher, Disposal, Microwave, Refrigerator, Stove(s)/Range(s), Washer
- Appliances Included
- Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Energy Source
- Electric
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.