5435 S M St Tacoma, WA 98408
South End NeighborhoodEstimated payment $6,282/month
Highlights
- Territorial View
- Forced Air Heating and Cooling System
- Wood Siding
- No HOA
- Property is in very good condition
- Carpet
About This Home
Undeniably one of the best investments out there, this Mixed use two story building is perfect for owner occupant, investor or non profit. Shy 8000 sq feet of space on two levels, 5 apartment units upstairs and mainfloor has 90% office and one additional apartment is on main floor for ADA or special needs. included in building sale are (2) 1-car garage spaces off the alleyway and a lease with T-Mobile for a cell tower as well. Multiple streams of income and opportunities with this one. Partially upgraded in the office area, and updated apartments throughout the years this building is virtually turn key and ready to occupy.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2335804
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,000
Year Built
- Built in 1946
Lot Details
- 6,375 Sq Ft Lot
- Property is in very good condition
Home Design
- Poured Concrete
- Bitumen Roof
- Wood Siding
- Stone Siding
- Wood Composite
- Stone
Interior Spaces
- 7,875 Sq Ft Home
- 2-Story Property
- Territorial Views
Flooring
- Carpet
- Laminate
- Vinyl
Parking
- 6 Parking Spaces
- 2 Covered Spaces
- Open Parking
Utilities
- Forced Air Heating and Cooling System
- Heating System Mounted To A Wall or Window
- Cable TV Available
Community Details
- No Home Owners Association
- South Tacoma Condos
- South Tacoma Subdivision
Listing and Financial Details
- Assessor Parcel Number 7785006860
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11 | $502,100 | $205,600 | $296,500 |
| 2024 | $11 | $528,500 | $186,900 | $341,600 |
| 2023 | $11 | $503,300 | $186,900 | $316,400 |
| 2022 | $11 | $457,600 | $186,900 | $270,700 |
| 2021 | $11 | $508,200 | $114,500 | $393,700 |
| 2019 | $10 | $466,400 | $105,200 | $361,200 |
| 2018 | $9 | $444,500 | $96,000 | $348,500 |
| 2017 | $8 | $443,900 | $86,700 | $357,200 |
| 2016 | $7 | $422,800 | $86,700 | $336,100 |
| 2014 | $7,051 | $402,400 | $75,700 | $326,700 |
| 2013 | $7,051 | $402,400 | $79,700 | $322,700 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2025 07/08/25 | Pending | -- | -- | -- |
| 05/06/2025 05/06/25 | Price Changed | $1,095,000 | -8.4% | $139 / Sq Ft |
| 03/05/2025 03/05/25 | For Sale | $1,195,000 | -- | $152 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $227,500 | Chicago Title Insurance Co | |
| Interfamily Deed Transfer | -- | Chicago Title | |
| Warranty Deed | -- | Chicago Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $85,000 | Commercial |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2335804
APN: 778500-6860
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Based on information submitted to the MLS GRID