Active
Listed by Haruichi Bearden • Keller Williams Eastside.
FOR SALE
$550,000
Est. $2,790/mo2 bd•1 ba•1,550 sq ft
3112 S Melrose Street, Tacoma, WA 98405
• Listed 2026-03-12•13 days on market
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About this home
***Be sure to ask about our LENDER-PAID 1-0 BUYDOWN option! Enjoy an INTEREST RATE THAT IS 1% LOWER DURING YOUR FIRST YEAR.*** Tacoma Development Opportunity – Build 3 Townhomes + Existing Home - UR-1 zoned Tacoma property offering excellent infill development potential.$450K each Total resale: ~$1.35M - Owner occupy or rent while rent this Charming existing 2 bed 1 bath with 1550 square ft bright living spaces, spacious kitchen, and flexible bonus room. Favorable setbacks and lot configuration may allow up to three additional townhomes while keeping the existing home (buyer to verify). Ideal opportunity for investors, builders, or homeowners seeking long-term upside in a growing Tacoma neighborhood. Builder available @ $240 sqft and Using Weddermann Architecture, PLLC for planning and architecture
Property type
Single Family
Year built
1925
Interior
1,550 sq ft
Lot size
0.1653 acres
Parking
Detached Carport
Price / sq ft
$355
HeatingBaseboard
CoolingNone
Property taxes$4,203/yr (est.)
Listed by Haruichi Bearden • Keller Williams Eastside
Listing updated: May 20, 2026 at 02:37pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2491788
Open houses
No upcoming open houses scheduled for this property.
Around this home
Schools
Ratings via SchoolDigger- School #130288255Public · Grades PK-5 · 8.0 mi · State rank 893 of 1,0006/10
- School #1161071270Public · Grades 6-8 · 2.6 mi · State rank 677 of 1,0001/10
- School #1776894864Public · Grades 9-12 · 9.7 mi—
Schools shown are the nearest public Elementary, Middle, and High school for this property. School district boundaries change — verify the assigned school with the district before purchasing.
Sold comparable homes
5 recent nearby sales, priced between $370K and $527K.
Sold Jun 30, 2025
$527,000Last sold price
3 beds1 baths1,645 sq ft
3002 S Puget Sound Ave, Tacoma, WA 98409
$320/sq ftsmaller lot
Sold Jun 23, 2025
$420,000Last sold price
3 beds1.5 baths1,480 sq ft
3323 S Gunnison Street, Tacoma, WA 98409
$284/sq ftsmaller lot9 years older
Sold Jun 27, 2025
$485,000Last sold price
3 beds2.5 baths1,758 sq ft
1506 N Stevens Street, Tacoma, WA 98406
$276/sq ftlarger lot41 years newer
Property details
Bedrooms
- 2 bedrooms total
Bathrooms
- 1 full bathroom
Heating & cooling
- Baseboard heating
- None cooling
Down payment assistance
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
Mortgage payment forecast
$3,278 per month
Great ratePrincipal and interest
Property taxes
HOA dues
Home insurance
Takes about 5 minutes & won't affect your credit
Get pre-approvedPlan your offer with a RexMont buyer specialistWalk through escalation strategy, contingencies, and competing-offer risk in this neighborhoodCompare loan options30-yr fixed, 15-yr, FHA, VA, jumbo
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Market pulse
Tacoma is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Buyer's marketSeller's market
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: Sale-vs-list ratio data not available for this area.
Time on market: The average home goes pending in around 29 days.
Recent sales nearby
Within 1 mile · last 6 months$690,000 Sold
7 weeks ago
5 bd•3 ba•~1,934 sq ft•Single Family
1231 S Washington Street, Tacoma, WA 98405
1%
Under list
—
Days on market
0.4 mi
Distance
$400,000 Sold
2 months ago
3 bd•2 ba•~1,152 sq ft•Single Family
1901 S 18th St, Tacoma, WA 98405
0%
Over list
—
Days on market
0.8 mi
Distance
$460,000 Sold
4 months ago
3 bd•1 ba•~1,058 sq ft•Single Family
1630 S Verde Street S, Tacoma, WA 98405
1%
Under list
—
Days on market
1.0 mi
Distance
$495,000 Sold
4 months ago
3 bd•1 ba•~1,224 sq ft•Single Family
4408 S 10th Street, Tacoma, WA 98405
2%
Over list
—
Days on market
1.0 mi
Distance
$625,000 Sold
4 months ago
4 bd•1.5 ba•~1,768 sq ft•Single Family
2730 S 14th Street, Tacoma, WA 98405
0%
Over list
—
Days on market
0.2 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data via HouseCanary · Updated Jun 2026
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 3, 2026 at 12:48 PM PDT (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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