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.
Property Details
Price:
$624,950
MLS #:
NWM2528587
Status:
Pending Inspection
Beds:
7
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Parkland
Neighborhood:
63parkland
Listed Date:
May 22, 2026
Finished Sq Ft:
2,970
Total Sq Ft:
2,970
Lot Size:
7,500 sqft / 0.17 acres (approx)
Year Built:
1978
See this Listing
Schools
School District:
Franklin Pierce
Elementary School:
James Sales Elem
Middle School:
Perry G Keithley Mid
High School:
Wash High
Interior
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Bathrooms
3 Full Bathrooms
Cooling
Ductless
Fireplaces Total
2
Flooring
Laminate
Heating
Ductless, Wall Furnace
Interior Features
Second Kitchen, Second Primary Bedroom, Dining Room, Fireplace
Levels
Multi/Split
Exterior
Construction Materials
Cement Plank
Exterior Features
Cement Planked
Lot Features
Dead End Street, Paved
Parking Features
Driveway, Off Street, RV Parking
Roof
Composition
Security Features
Fully Fenced
Financial
Tax Year
2026
Taxes
$6,715
Map
Community
- Address1516 Lafayette Street S Tacoma WA
- SubdivisionParkland
- CityTacoma
- CountyPierce
- Zip Code98444
Subdivisions in Tacoma
- Bethel
- Brookdale
- Browns Point
- Central Tacoma
- Dash Point
- Delong Park
- East Tacoma
- Fern Hill
- Fife Heights
- Fircrest
- Frederickson
- Harbor Ridge
- Highlands
- Hillsdale
- Hilltop
- Indian Addition
- Lakewood
- Lincoln
- Manitou
- McKinley
- Midland
- Narrows
- Ne Tacoma
- New Tacoma
- North Tacoma
- Northshore
- Oakland
- Oaks Addition
- Old Town
- Parkland
- Point Defiance
- Port of Tacoma
- Proctor
- Puyallup
- Ruston
- Se Tacoma
- South Tacoma
- Spanaway
- Stadium District
- Steilacoom
- Summit
- Sunset Beach
- Swan Creek
- Tacoma
- Tacoma Mall
- University Place
- Ups
- Waller
- Wapato
- Westgate
Market Summary
Current real estate data for Single Family in Tacoma as of Jun 09, 2026
921
Single Family Listed
71
Avg DOM
352
Avg $ / SqFt
$665,945
Avg List Price
Property Summary
- Located in the Parkland subdivision, 1516 Lafayette Street S Tacoma WA is a Single Family for sale in Tacoma, WA, 98444. It is listed for $624,950 and features 7 beds, 3 baths, and has approximately 2,970 square feet of living space, and was originally constructed in 1978. The current price per square foot is $210. The average price per square foot for Single Family listings in Tacoma is $352. The average listing price for Single Family in Tacoma is $665,945. To schedule a showing of MLS#nwm2528587 at 1516 Lafayette Street S in Tacoma, WA, contact your Best in the West agent at 206-351-5550.
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© 2026 Northwest Multiple Listing Service as distributed by MLS GRID.
represents listings courtesy of NWMLS. Listed by John L. Scott, Inc..
Disclaimer: Based on information submitted to the MLS GRID as of Jun-09-2026 3:23:11 pm. 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.
Copyright 2026. All rights reserved.
represents listings courtesy of NWMLS. Listed by John L. Scott, Inc..Disclaimer: Based on information submitted to the MLS GRID as of Jun-09-2026 3:23:11 pm. 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.
Copyright 2026. All rights reserved.
1516 Lafayette Street S
Tacoma, WA


