1516 Lafayette Street S Tacoma WA 98444 MLS #NWM2528587

1516 Lafayette Street S
Tacoma, WA, 98444
$624,950
7 Beds
3 Baths
2,970 SqFt
0.17 Acres
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Listing Provided Courtesy of John L. Scott, Inc.
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
63 – Parkland63parklandParklandFranklin PierceJames Sales ElemPerry G Keithley MidWash High

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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

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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