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Listing provided courtesy of Tran Property GroupNWMLSas Distributed by MLSGrid- MLS# NWM2527375MLS Provider

4609 S Thompson AvenueTacoma, WA 98408

Single Family · 4 Beds · 1 Full Bath · 1 Three Quarter Bath · 1,274 Sq. ft. | 0.15 Acres
$450,000 Active

4609 S Thompson Avenue Overview

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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)

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4609 S Thompson Avenue Facts & Features

  • Type Single Family
  • Sq. ft. 1,274
  • Price/Sq.ft. $353
  • Lot 0.15 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Tacoma

Building Information

  • New Construction: No
  • Year Built: 1925

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 45 - South Tacoma
  • Subdivision Name: South Tacoma

Rent/Lease Information

  • Land Lease: No

Tax Information

  • Tax Annual Amount: $6,147.67
  • Tax Year: 2026

General Information

  • Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Listing Terms: Cash, Conventional, FHA, Rehab Loan
  • Parcel Number: 8935028480
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Building Information

  • Building Information: Built On Lot

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 1
  • Bathrooms Total: 2
  • Bedrooms Total: 4
  • Bedrooms Lower: 0
  • Bedrooms Upper: 0

Building Interior

  • Appliances Included: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Building Area Total: 1274
  • Building Area Units: Square Feet
  • Calculated Square Footage: 1274
  • Square Footage Finished: 1274
  • Square Footage Unfinished: 0

General Information

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
  • Basement: None
  • Cooling: No
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Vinyl Plank
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Interior Features: Fireplace
  • Levels: One
  • Living Area: 1274
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Power Production Type: Electric

Exterior

Parking Information

  • Open Parking: No
  • Parking Features: Driveway
  • Parking Total: 0

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 0.1492
  • Lot Size Square Feet: 6500
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Roof: Composition
  • Structure Type: House

General Information

  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Wood
  • Sewer: Sewer Connected

Room Information

Room: Bathroom Full

  • Level: Main

Room: Bathroom Three Quarter

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Bedroom

  • Level: Main

4609 S Thompson Avenue Neighborhood

Community

98408 (Tacoma) Demographics

37
Median Age
6,035
Population Density (per sq. mile)
32%
College Educated
$58,961
Estimated Median Income
4,817
Estimated Total Home Owners
3,163
Estimated Total Renters
60% / 40%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4609 S Thompson Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4609 S Thompson Avenue Market Data

Based on the last 30 days in this zip code

$445,716
Average List Price
$274
Average Price per Square Foot
34
Properties Sold
49
Average Days on Market
71
Properties for Sale
Calculations provided by Reliance Network

4609 S Thompson Avenue History

Date Event Value Agent
6/18/2026Source: NWMLS Price Reduction
$450,000 -9.9%
5/21/2026Source: NWMLS Added to Database
May 21, 2026