Bought with: RSVP Brokers ERA
$602,000
$624,950
3.7%For more information regarding the value of a property, please contact us for a free consultation.
1516 Lafayette ST S Tacoma, WA 98444
7 Beds
3 Baths
2,970 SqFt
Key Details
Sold Price $602,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,970 sqft
Price per Sqft $202
Subdivision Parkland
MLS Listing ID 2528587
Sold Date 07/06/26
Style 14 - Split Entry
Bedrooms 7
Full Baths 3
Year Built 1978
Annual Tax Amount $6,715
Lot Size 7,500 Sqft
Property Sub-Type Single Family Residence
Property Description
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.
Location
State WA
County Pierce
Area 63 - Parkland
Interior
Interior Features Second Kitchen, Second Primary Bedroom, Dining Room, Fireplace
Flooring Laminate
Fireplaces Number 2
Fireplaces Type Electric
Fireplace true
Appliance Dishwasher, Disposal, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Exterior
Exterior Feature Cement Planked
Amenities Available Fenced-Fully, High Speed Internet, Outbuildings, RV Parking
View Y/N No
Roof Type Composition
Building
Lot Description Dead End Street, Paved
Story Multi/Split
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools James Sales Elem
Middle Schools Perry G Keithley Mid
High Schools Wash High
School District Franklin Pierce
Others
Senior Community No
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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