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About the Listing 5243 - 25831
Excellent opportunity for first time home buyers or investors seeking a rent-ready asset with upside. This property is comfortable and also works well as a long-term hold, value-add rental, or future small-scale development site in a transitioning Tacoma neighborhood. The nearly 9,000 sq ft UR-3–zoned lot offers flexibility under current zoning, including potential for multiple ADUs or multifamily development while providing immediate income potential. The home is ready to go, with key capital items already addressed, making it comfortable and minimizing near-term maintenance risk. Updates include a new roof (2023), chimney and sewer line (2019), exterior paint and flooring (2025), and upgraded lighting. Functional features for an owner or tenant include a fenced yard, detached garage, and wide gravel alley with RV and 4+ additional off-street parking spots. Acquire now at a reduced price, stabilize as a rental, and benefit from long-term appreciation and future redevelopment opportunities.
Listing Highlights
Status
Active
Days on Site
87
Property Type
Residential
MLS ®
2458420
Year Built
1903
Total Square Footage
1,244
Lot/Acreage
0.2
County
Pierce
Neighborhood
South Tacoma
Area
51 - South Tacoma
School District
Tacoma
Elementary School
Mann
Middle School
Giaudrone Middle School
High School
Lincoln High
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full / 1 Three-Quarter
- Appliances: Refrigerator(s), Stove(s)/Range(s)
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Vinyl Plank
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Bath Off Primary,Dbl Pane/Storm Window,Dining Room,Water Heater,Master on Main
- Water: Tacoma PublicUtilities
Exterior Details
- Lot Description: Paved,Sidewalk,Built On Lot,Cable TV,Fenced-Fully,Gas Available,High Speed Internet,Outbuildings,RV Parking,Shop
- Garage Capacity: N/A
- Parking Spaces: 1
- Roof: Composition
- Others: Wood
- Sewer: TPU
- Parking Features: Detached Garage,Off Street,RV Parking
Financial Details
- Tax Amount: $4,206
- Taxes w/Assessments: N/A
- Tax/Property ID: 7785000281
- Tax Year: 2025
Payment Calculator
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Questions About..
4812 Yakima Ave Tacoma, WA 98408
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