Listed by Dream Home Real Estate, Inc, Bought with Real Broker LLC
$1,350,000
SOLD NOV 5, 2021

3402 S M St Tacoma, WA 98418

South End Neighborhood
-- Bed
-- Bath
5,848 Sq Ft
10,402 Sq Ft Lot

Recently Sold

$231 Per Sq Ft

4% Below List Price

4 Days on Market

Highlights

  • Deck
  • Wood Siding
  • Wall to Wall Carpet

About This Home

As of April 2025

All units refurbished In the last 3 years, new windows installed and exterior painted in the 2020. Each unit comes with their own storage unit. There are two coin operated washers and two coin operated dryers. Their parents live in unit 1 pay 500 per month and sellers use this as there current address, they are moving out of town and don't have a permanent address. Loss of income on unit one for six months (current tenant didn't pay rent) parents moved in after they vacated. Vacant unit one for 1 month, unit 2 one month, unit 5 for one month. Owners have not increased rents much since they owned property. Room for annual increases subject to covid restriction. Apartment 1 will be vacated by owner/relatives on or before closing.

Last Agent to Sell the Property

David Zehm

Dream Home Real Estate, Inc License #13215 Listed on: 10/04/2021

Dream Home Real Estate, Inc

Last Buyer's Agent

Andrew Taylor

Real Broker LLC License #109631

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1847155

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,786

Year Built

  • Built in 1967

Lot Details

  • 10,402 Sq Ft Lot
  • Property is in good condition

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 5,848 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

  • Reed Elementary School
  • Lincoln High School

Community Details

  • South Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0320084057

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,786

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1967
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 5848
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 274

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 10392

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Tacoma
  • High School: Lincoln High
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 0320084057
  • Lot Size Acres: 0.2388
  • Lot Size: Irregular
  • Lot Size Sq Ft: 10402
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 22
  • LeasedItems: None
  • TotalMonthlyIncome: 6100

Multi Family

  • Gross Scheduled Income: 67200
  • Net Operating Income: 32550
  • Number Of Units Total: 6
  • Electric Expense: 1200
  • Insurance Expense: 4115
  • Leasable Area: 5848
  • EnergySource: Electric
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2020
  • Tax Annual Amount: 7786

MLS Schools

  • Elementary School: Reed

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Sold $1,212,500 -3.0% $207 / Sq Ft
01/30/2025 01/30/25 Pending -- -- --
01/30/2025 01/30/25 Price Changed $1,250,000 -3.8% $214 / Sq Ft
01/09/2025 01/09/25 Price Changed $1,300,000 -7.1% $222 / Sq Ft
12/16/2024 12/16/24 Price Changed $1,400,000 -6.7% $239 / Sq Ft
12/05/2024 12/05/24 For Sale $1,500,000 +11.1% $256 / Sq Ft
11/05/2021 11/05/21 Sold $1,350,000 -3.6% $231 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $1,400,000 +227.5% $239 / Sq Ft
11/20/2015 11/20/15 Sold $427,500 -6.9% $73 / Sq Ft
10/10/2015 10/10/15 Pending -- -- --
04/10/2015 04/10/15 For Sale $459,000 -- $78 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2025

    Andrew Taylor

    Real Broker LLC

    (855) 450-0442

    3 in this area

    6 Total Sales

    Andrew Taylor
    Section Image
  • Julie Hitchcock

    Buyer's Agent in 2025

    Julie Hitchcock

    American Dream Realty, LLC

    (253) 377-3990

    2 in this area

    29 Total Sales

    Julie Hitchcock
    Section Image
  • Ericia Lorentzen

    Buyer Co-Listing Agent in 2025

    Ericia Lorentzen

    American Dream Realty, LLC

    (253) 307-0770

    2 in this area

    30 Total Sales

    Ericia Lorentzen
    Section Image
  • David Zehm

    Seller's Agent in 2021

    David Zehm

    Dream Home Real Estate Inc

    (206) 714-5321

    1 in this area

    22 Total Sales

    David Zehm
    Section Image
  • Amy Lowry

    Seller's Agent in 2015

    Amy Lowry

    Windermere Professional Partners

    (253) 831-2526

    6 in this area

    85 Total Sales

    Amy Lowry
    Section Image
  • Brent Tornquist

    Seller Co-Listing Agent in 2015

    Brent Tornquist

    Windermere Professional Partners

    (253) 988-3756

    1 in this area

    102 Total Sales

    Brent Tornquist
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1847155

Northwest Multiple Listing Service (NWMLS)

Washington Pierce County Tacoma 98418 South End

3402 S M St, Tacoma, WA

This home is located at 3402 S M St, Tacoma, WA 98418 and is currently priced at $1,350,000, approximately $230 per square foot. This property was built in 1967. 3402 S M St is a home located in Pierce County with nearby schools including Jennie Reed Elementary School, Angelo Giaudrone Middle School, and Lincoln High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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