OFF MARKET

Listed by Brian Thayer • Keller Williams Rty Tacoma. Bought with John L. Scott, Inc.

Off market jan 2025 for $530K

$528,917

Est. refi paymentEst. refi $1,415/mo

•

2 ba

•

1,500

sq ft

4530 4532 S Thompson Ave, Tacoma, WA 98418

About this home

Whether you're an investor or looking to occupy, this centrally located duplex in the heart of Tacoma is an exceptional opportunity. Fully updated in 2019, it features modern interiors, mill-work, cabinets, baths,new paint inside and out, new appliances, and in-unit washers and dryers. New roof (2020) and cedar fencing add to its charm and care free maintenance,oversized carports and extra parking with paved alley access provide added convenience. This turn-key investment offers excellent potential for added value by increasing rents to achieve an attractive cap rate. Don't miss out!

Multi-familyProperty Type

1979Year Built

6,000 sq ftLot Size

$353Est. Price/Sq.Ft.

4 spacesParking

Listed by Brian Thayer • Keller Williams Rty Tacoma

Bought with Shawna Abel • John L. Scott, Inc.

Redfin checked: a minute ago

•Source:NWMLS as Distributed by MLS Grid #2313814

Redfin Estimate

$528,917

$1,083 since sold in January 2025$5,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 22.8% higher than the average sale price ($431K) of 6 comparable homes.

SOLD JUL 10, 2026
$494,000
A
4 beds2 baths1,500 sq ft
4809 S M St, Tacoma, WA 98408
BOUGHT WITH REDFIN JUL 8, 2026
$250,000
B
2 beds2 baths1,490 sq ft
4840 J St S, Tacoma, WA 98408
SOLD AUG 13, 2026
$465,000
C
3 beds2 baths1,946 sq ft
860 S 48th, Tacoma, WA 98408
SOLD JUN 15, 2026
$520,000
D
3 beds1.5 baths1,376 sq ft
4837 S I St, Tacoma, WA 98408
BOUGHT WITH REDFIN JUL 2, 2026
$455,000
E
3 beds1.5 baths1,895 sq ft
407 S 50th St, Tacoma, WA 98408
SOLD JUN 24, 2026
$399,950
F
3 beds1 bath1,280 sq ft
5005 Yakima Ave, Tacoma, WA 98408

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Earn from this home

Sell

$79,158

Est. take-home

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Refinance

Est. cash available

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Market trends in 98418, WA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.2%

+0.7% MoM

Median sale price

$425K

$10K MoM

Avg. days on market

3 days MoM

Recently sold homes

11 MoM

New listings for sale

COMING SOON
$449,900
3 beds2.5 baths1,360 sq ft
3320 S Asotin St, Tacoma, WA 98418
Jackie Walters • Best Choice Network
$430,000
3 beds3 baths1,728 sq ft
616 S 45th St Unit A&B, Tacoma, WA 98418
Christel Osterstrom • BCR LLC
$625,000
3 beds2 baths1,759 sq ft
763 & 765 S 39th St, Tacoma, WA 98418
Erez Toker • COMPASS
$550,000
4 beds2 baths2,104 sq ft
3629 S Asotin St, Tacoma, WA 98418
Megan Bonifant • John L. Scott Orting
$524,950
3 beds2 baths1,770 sq ft
1665 S 42nd St, Tacoma, WA 98418
Kristi Nicole • Theory Real Estate
See all

Provided by Redfin

Sale history for 4530 4532 S Thompson Ave

Date

Event

Price

Jan 10, 2025

Sold (MLS) (Closed)

NWMLS as Distributed by MLS Grid #2313814

$530,000

$353/sq ft

Dec 19, 2024

Pending

NWMLS as Distributed by MLS Grid #2313814

—

Dec 4, 2024

Listed (Active)

NWMLS as Distributed by MLS Grid #2313814

$525,000

$350/sq ft

Jul 11, 2017

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #1139828

$190,000

$127/sq ft

Jun 16, 2017

Pending

NWMLS as Distributed by MLS Grid #1139828

—

Jun 14, 2017

Listed (Active)

NWMLS as Distributed by MLS Grid #1139828

$199,950

$133/sq ft

Feb 14, 2005

Sold (MLS)

NWMLS as Distributed by MLS Grid #25006311

$197,500

$132/sq ft

Jan 17, 2005

Listed

NWMLS as Distributed by MLS Grid #25006311

$197,500

$132/sq ft

Sep 8, 1998

Sold

Public Records

$107,000

$71/sq ft

May 31, 1988

Sold

Public Records

$67,000

$45/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$5,145 (+4.7%)

$206,400 + $265,600

$472,000

2025

$4,913 (+14.0%)

$206,400 + $265,600

$472,000

2024

$4,311 (−1.8%)

$199,400 + $251,800

$451,200

2023

$4,389 (+8.2%)

$187,300 + $199,800

$387,100

2022

$4,057 (+13.3%)

$183,500 + $239,000

$422,500

2021

$3,582 (+18.0%)

$142,500 + $211,100

$353,600

2020

$3,035 (+17.7%)

$105,800 + $179,000

$284,800

2019

$2,578 (−13.0%)

$92,200 + $131,300

$223,500

2018

$2,964 (+17.7%)

$58,300 + $129,200

$187,500

2017

$2,518 (+10.1%)

$58,300 + $129,200

$187,500

2016

$2,286 (+3.2%)

$48,400 + $107,800

$156,200

2015

$2,215 (+8.4%)

$42,500 + $92,900

$135,400

2014

$2,043 (+2.9%)

$41,400 + $85,900

$127,300

2013

$1,985 (−6.1%)

$37,900 + $80,700

$118,600

2012

$2,114 (−5.2%)

$37,900 + $75,100

$113,000

2011

$2,231 (+8.5%)

$49,500 + $84,100

$133,600

2010

$2,056 (−2.6%)

$59,800 + $94,100

$153,900

2009

$2,112

$68,800 + $104,600

$173,400

Tax history for 4530 4532 S Thompson Ave

Year

Property tax

Land + Additions

Assessment*

2026

$5,145 (+4.7%)

$206,400 + $265,600

$472,000

2025

$4,913 (+14.0%)

$206,400 + $265,600

$472,000

2024

$4,311 (−1.8%)

$199,400 + $251,800

$451,200

2023

$4,389 (+8.2%)

$187,300 + $199,800

$387,100

2022

$4,057 (+13.3%)

$183,500 + $239,000

$422,500

2021

$3,582 (+18.0%)

$142,500 + $211,100

$353,600

2020

$3,035 (+17.7%)

$105,800 + $179,000

$284,800

2019

$2,578 (−13.0%)

$92,200 + $131,300

$223,500

2018

$2,964 (+17.7%)

$58,300 + $129,200

$187,500

2017

$2,518 (+10.1%)

$58,300 + $129,200

$187,500

2016

$2,286 (+3.2%)

$48,400 + $107,800

$156,200

2015

$2,215 (+8.4%)

$42,500 + $92,900

$135,400

2014

$2,043 (+2.9%)

$41,400 + $85,900

$127,300

2013

$1,985 (−6.1%)

$37,900 + $80,700

$118,600

2012

$2,114 (−5.2%)

$37,900 + $75,100

$113,000

2011

$2,231 (+8.5%)

$49,500 + $84,100

$133,600

2010

$2,056 (−2.6%)

$59,800 + $94,100

$153,900

2009

$2,112

$68,800 + $104,600

$173,400

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

50 ft.

Lot depth

—

Lot size

6,000 Sq. Ft.

Year renovated

2001

Sq. Ft.

1,500

Year built

1979

Style

Multi-Family (2-4 Unit)

County

Pierce County

APN

8935027070

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 21, 2026.

UR3

Urban Residential District

This district is intended primarily for residential development including a range of dwellings and housing types, including multiplexes, at a transitional scale between that of lower-scale residential neighborhoods and the scale of Centers and Corridors, reflecting residential patterns such as pedestrian orientation and space between buildings. Buildings may occupy a little more of each residential lot than in the UR-2 District. Other compatible uses include residential businesses, neighborhood-serving commercial uses, and community facilities including parks, schools and religious facilities. The district is characterized by moderate activity levels and vehicular traffic, trees and other green features, and complete streets supporting transportation choices. The UR-3 District is generally located adjacent to higher intensity zoning districts and/or major Corridors.

Permitted uses

Include but are not limited to:

Day care facility
Housing-Group
Housing-Senior
Housing-Other
Mixed use
Golf related

Property details

Parking

Parking Information
Parking Uncovered Spaces: 2
Open Parking Spaces: 2
Carport Spaces: 2
Has Open Parking

Interior

Heating & Cooling
Has Heating
Heating Information: Wall Unit(s)
Cooling Information: None

Interior Features
Interior Features: Laminate
Flooring: Laminate, Vinyl

Multi-Family Financial Information
Insurance Expense: $1,124
Net Operating Income: $28,071
Gross Adjusted Income: 36326
Gross Scheduled Income: $37,020
Total Monthly Income: 3085
Gross Rent Multiplier: 14
Total Expenses: 8255

Multi-Unit Information
Units Below Grade: false
Units In Building Total: 2
Vacancy Rate: 2
# of Units (Total): 2

Unit Type 1 Information
Unit Name: 4530
# of Bathrooms: 1
# of Bedrooms: 2
Fireplaces: 0
Range/Oven: true
Washer/Dryer: true
Refrigerator: true
Dishwasher: true
Unit Sq. Ft.: 750
Actual Rent: $1,500

Unit Type 2 Information
Unit Name: 4532
# of Bathrooms: 1
# of Bedrooms: 2
Fireplaces: 0
Range/Oven: true
Washer/Dryer: true
Refrigerator: true
Dishwasher: true
Unit Sq. Ft.: 750
Actual Rent: $1,395

Exterior

Building Information
Roof: Composition

Exterior Features
Exterior Features: Wood

Property Information
Energy Source: Electric
Style Code: 52 - Duplex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Very Good

Land Information
Possible Use: Multi-Family

Lot Information
Lot Number: 15 & 16
MLS Lot Size Source: Co Assessor
Site Features: Fenced-Fully
Lot Features: Alley, Paved, Sidewalk
Lot Size Units: Square Feet
Lot Size Acres: 0.1377
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $4,311
Tax Year: 2024

Financial Information
Listing Terms: Cash Out, Conventional, FHA, VA Loan
Buyer Financing: VA

Utilities

Utility Information
Water Source: Public
Water Company: Tacoma Public Utilities
Power Company: Tacoma Public Utilities
Sewer: Sewer Connected
Sewer Company: Tacoma Public Utilities
Water Sewer Garbage: 2820

Location

School Information
High School District: Tacoma

Location Information
Directions: From Pacific Ave west on S 46th St, north on S Thompson Ave to property on left.

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 1,500
Stories: 1.0
Lot Size: 6,000 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1979
Year Renovated: 2001
County: Pierce County
APN: 8935027070

Home facts updated by county records on Sep 21, 2026

Other

Listing Information
Mls Status: Sold

Listing Date Information
On Market Date: Wednesday, December 4, 2024

Green Information
Power Production Type: Electric

Home Information
Living Area Units: Square Feet
Calculated Square Footage: 1500
Building Area Total: 1500
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Building Name: Tac Land Co 6th
Structure Type: Duplex
Stories Total: 1

Around this home

Schools

Whitman Elementary School

Public PreK-5 • Assigned • 0.4mi

2/10

Angelo Giaudrone Middle School

Public 6-8 • Assigned • 0.7mi

3/10

Lincoln High School

Public 9-12 • Assigned • 0.8mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 86° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

7/10 Air Factor

10 unhealthy days expected this year, 12 days in 30 years

Provided by First Street

Historical weather

Tacoma, WA • 98418

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.9 hours in June and 1.7 hours in December, placing it below the U.S. average for solar exposure.

8.9 hrs

1.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$503,000 – $609,000

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Home values near 4530 4532 S Thompson Ave

Data from public records.

Address	Redfin Estimate
4513 S Thompson Avenue, Tacoma, WA 3 Beds \| 1 Baths \| 1860 Sq. Ft.	$389,710
4525 S Thompson Avenue, Tacoma, WA 2 Beds \| 1 Baths \| 795 Sq. Ft.	$350,805

Address	Redfin Estimate
4519 S Thompson Avenue, Tacoma, WA 3 Beds \| 2 Baths \| 1140 Sq. Ft.	$428,803
4527 S Thompson Avenue, Tacoma, WA 2 Beds \| 1 Baths \| 1052 Sq. Ft.	$341,725

Address	Redfin Estimate
4523 S Thompson Avenue, Tacoma, WA 3 Beds \| 1 Baths \| 1310 Sq. Ft.	$323,815
4529 S Thompson Avenue, Tacoma, WA 2 Beds \| 1 Baths \| 1008 Sq. Ft.	$371,054

Property information provided by NWMLS as Distributed by MLS Grid when last listed in 2024. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 98418, WA

Sale history for 4530 4532 S Thompson Ave

Tax history for 4530 4532 S Thompson Ave

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 98418

Home values near 4530 4532 S Thompson Ave

More real estate resources