Investor & developer opportunity in Tacoma! Welcome to 4609 S Thompson Ave, a property with strong potential for buyers looking to maximize value. The existing main home offers the opportunity to generate rental income while exploring future development options on the lot. With the possibility of adding 4-6 additional units, this property is ideal for investors, builders, or developers looking for a strategic project in an established Tacoma neighborhood. Conveniently located near local amenities, schools, parks, transit, and major commuter routes, this property offers both current income potential and long-term upside. Rent the main home while you work through permitting and development plans. Buyer to verify all zoning, feasibility, utility capacity, permitting, and development potential to their satisfaction. (UR3 Zone)
Property Details
Price:
$499,500
MLS #:
NWM2527375
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
South Tacoma
Neighborhood:
45southtacoma
Listed Date:
May 21, 2026
Finished Sq Ft:
1,274
Total Sq Ft:
1,274
Lot Size:
6,500 sqft / 0.15 acres (approx)
Year Built:
1925
See this Listing
Schools
School District:
Tacoma
Interior
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Bathrooms
1 Full Bathroom, 1 Three Quarter Bathroom
Cooling
None
Fireplaces Total
1
Flooring
Vinyl Plank
Heating
Fireplace Insert
Interior Features
Fireplace
Levels
One
Main Level Bathrooms
2
Main Level Bedrooms
4
Exterior
Construction Materials
Wood
Exterior Features
Wood
Parking Features
Driveway
Roof
Composition
Financial
Tax Year
2026
Taxes
$6,148
Map
Community
- Address4609 S Thompson Avenue Tacoma WA
- SubdivisionSouth Tacoma
- CityTacoma
- CountyPierce
- Zip Code98408
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 10, 2026
917
Single Family Listed
72
Avg DOM
352
Avg $ / SqFt
$664,857
Avg List Price
Property Summary
- Located in the South Tacoma subdivision, 4609 S Thompson Avenue Tacoma WA is a Single Family for sale in Tacoma, WA, 98408. It is listed for $499,500 and features 4 beds, 2 baths, and has approximately 1,274 square feet of living space, and was originally constructed in 1925. The current price per square foot is $392. The average price per square foot for Single Family listings in Tacoma is $352. The average listing price for Single Family in Tacoma is $664,857. To schedule a showing of MLS#nwm2527375 at 4609 S Thompson Avenue 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 Tran Property Group.
Disclaimer: Based on information submitted to the MLS GRID as of Jun-09-2026 11:36:13 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 Tran Property Group.Disclaimer: Based on information submitted to the MLS GRID as of Jun-09-2026 11:36:13 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.
4609 S Thompson Avenue
Tacoma, WA


