$345,000
Listed at $299,0003 bd•1 ba•948 sq ft
1306 S Monroe Street, Tacoma, WA 98405
• Listed 2026-03-27
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Based on information submitted to the MLS GRID as of June 8, 2026 at 04:05am (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.
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Ideally located in desirable Central Tacoma, this 3-bedroom, 1-bath home offers a fantastic opportunity to create value. Featuring hardwood floors and a cozy gas fireplace, it’s the perfect canvas for your vision—bring your tool belt and restore this home to its full potential. Set on an expansive 6,000 sq ft lot, the property presents exceptional possibilities for investors, builders, or buyers seeking upside. Zoned UR2, it may allow for up to 6 units (approximately one unit per 1,000 sq ft; buyer to verify), making it an ideal candidate for redevelopment, multifamily construction, or a strategic long-term hold. Enjoy convenient access to outdoor recreation with Jefferson Park, DeLong Park, Heidelberg Park, and Tacoma Nature Center all within approximately half a mile. Whether you're considering a full renovation, adding a DADU, or maximizing the site’s density potential, the possibilities are substantial. Ideally situated with quick freeway access for an easy commute while remaining close to local amenities.
Listed by Allison O'Hagan • Windermere Abode
Listing updated: June 8, 2026 at 04:05am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2496902
$431,000
+$86,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $275K and $479K.
Rental earnings
$1,300/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$275,000Last sold price
1239 S Verde Street, Tacoma, WA 98405
$479,000Last sold price
3816 S 11th Street, Tacoma, WA 98405
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
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Tacoma School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Tacoma is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: Days-on-market data not available for this area.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026