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.
Property Details
Price:
$399,000
MLS #:
NWM2458420
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
South Tacoma
Neighborhood:
51southtacoma
Listed Date:
Dec 4, 2025
Finished Sq Ft:
1,244
Total Sq Ft:
1,244
Lot Size:
8,775 sqft / 0.20 acres (approx)
Year Built:
1903
See this Listing
Schools
School District:
Tacoma
Elementary School:
Mann
Middle School:
Giaudrone Mid Sch
High School:
Lincoln High
Interior
Appliances
Refrigerator(s), Stove(s)/Range(s)
Bathrooms
1 Full Bathroom, 1 Three Quarter Bathroom
Cooling
Other – See Remarks
Flooring
Vinyl Plank
Heating
Forced Air
Exterior
Architectural Style
Traditional
Construction Materials
Wood
Exterior Features
Wood
Parking Features
Detached Garage, Off Street, RV Parking
Parking Spots
1
Roof
Composition
Security Features
Fully Fenced
Financial
Tax Year
2025
Taxes
$4,206
Map
Community
- Address4812 Yakima Ave 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 Mar 03, 2026
673
Single Family Listed
86
Avg DOM
350
Avg $ / SqFt
$644,317
Avg List Price
Property Summary
- Located in the South Tacoma subdivision, 4812 Yakima Ave Tacoma WA is a Single Family for sale in Tacoma, WA, 98408. It is listed for $399,000 and features 3 beds, 2 baths, and has approximately 1,244 square feet of living space, and was originally constructed in 1903. The current price per square foot is $321. The average price per square foot for Single Family listings in Tacoma is $350. The average listing price for Single Family in Tacoma is $644,317. To schedule a showing of MLS#nwm2458420 at 4812 Yakima Ave in Tacoma, WA, contact your Best in the West agent at 206-351-5550.
Similar Listings Nearby
Courtesy of Keller Williams Rlty Bellevue. Disclaimer: Based on information submitted to the MLS GRID as of Mar-03-2026 12:38:50 am. 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.
4812 Yakima Ave
Tacoma, WA


