$602,000
Listed at $624,9507 bd•3 ba•2,970 sq ft
1516 Lafayette Street S, Tacoma, WA 98444
• Listed May 22, 2026
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Listing Broker: John L. Scott, Inc.; Marianna N Mikshanskiy; 425-454-2437
Buyer Broker: RSVP Brokers ERA
About this home
Beautifully updated split-level home offering a rare and flexible living opportunity! This is a single-family residence (not a multifamily property) currently configured with 3 separate living areas, making it ideal for owner-occupants, investors, nurses, or long/short-term rental potential. Excellent opportunity to live in one unit while generating income from the others. Conveniently located near PLU, shopping, dining, and easy freeway access. Property features exterior updates including newer Hardi-panel siding, newer windows, doors, plumbing fixtures, and electrical fixtures. Fully fenced with ample parking and an outbuilding for additional storage. No HOAUnit A (upper/front) offers 3 bedrooms, 1 bath, spacious living room, laminate flooring, electric fireplace, LED lighting, large kitchen, metal railings, laundry room, and all appliances including washer/dryer. Occupied with lease through Feb 2027 at $2,300/month.Unit B (lower/front) is vacant and recently renovated with 2 bedrooms, 1 bath, living room, electric fireplace, updated kitchen and bath, new windows, mini-split A/C, washer/dryer, and all appliances. Estimated rent $2,300/month.Unit C (side/back entrance) features kitchen, dining area, 1 main-level bedroom, upper-level bedroom and bath, laundry room, and great overall condition. Occupied month-to-month at $1,800/month. Showing of occupied units after mutual acceptance.
Listed by Marianna N Mikshanskiy • John L. Scott, Inc.
Listing updated: August 6, 2026 at 04:06am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2528587
Around this home
Property details
Interior features
- Second Kitchen
- Second Primary Bedroom
- Dining Room
- Fireplace
- 2 fireplaces (electric)
Kitchen
- Dishwasher
- Disposal
- Microwave
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 7 bedrooms total
- 5 upstairs
- 2 on the lower level
Bathrooms
- 3 full bathrooms
Layout
- Split Entry
- 2,970 sq ft finished
Flooring
- Laminate
Heating & cooling
- Ductless heating
- Wall Furnace heating
- Ductless cooling
Single-family home facts
As entered by the listing broker on Northwest MLS
Systems
- Energy source
- Electric
- Power production
- Electric
- Power company
- Parkland Light & Water
- Water company
- Parkland Light & Water
- Sewer company
- Pierce County Sewer
- Irrigation water rights
- No
Rooms & extras
- Bathtubs
- 3
- Showers
- 3
- Fireplaces upstairs
- 1
- Fireplaces lower level
- 1
New construction
- Square footage source
- County Records
- Lot size source
- County Records
- Effective year built source
- Public Records
Manufactured home
- Land lease
- No
Neighborhood mobility
Walk, bike & transit scores
Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.
Schools
Ratings via SchoolDiggerFranklin Pierce School District
- James Sales ElementaryPublic · Grades K-5 · State rank 620 of 1,1384/10
- Perry G Keithley Middle SchoolPublic · Grades 6-8 · State rank 489 of 5141/10
- Washington High SchoolPublic · Grades 9-12 · State rank 330 of 3962/10
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.
Sales & Tax Records for 1516 Lafayette Street S
NWMLS via MLS GridEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Jul 6, 2026SoldNWMLS via MLS Grid · #2528587$602,000$203/sq ft
- Jun 1, 2026PendingNWMLS via MLS Grid · #2528587$624,950$210/sq ft
- May 22, 2026ListedNWMLS via MLS Grid · #2528587$624,950$210/sq ft
- May 13, 2021SoldNWMLS via MLS Grid · #1551718$376,000$127/sq ft
- Apr 9, 2021PendingNWMLS via MLS Grid · #1551718$365,000$123/sq ft
- Apr 9, 2021Price raisedNWMLS via MLS Grid · #1551718$365,000$123/sq ft
Market pulse
Tacoma is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 54 days.
Recent sales nearby
Within 1 mile · last 6 months$412,000 Sold
1 day ago
2 bd•1 ba•~864 sq ft•Single Family
1304 S 115th Street, Tacoma, WA 98444
3%
Over list
27
Days on market
0.2 mi
Distance
$465,000 Sold
1 week ago
3 bd•1.75 ba•~1,400 sq ft•Single Family
905 115th Street S, Tacoma, WA 98444
0%
Over list
240
Days on market
0.4 mi
Distance
$427,500 Sold
1 week ago
3 bd•1.75 ba•~1,283 sq ft•Single Family
628 S 117th Street, Tacoma, WA 98444
2%
Under list
83
Days on market
0.7 mi
Distance
$440,000 Sold
1 week ago
•Single Family
1208 111th Street S, Tacoma, WA 98444
1%
Over list
88
Days on market
0.2 mi
Distance
$625,000 Sold
1 week ago
4 bd•2.5 ba•~1,964 sq ft•Single Family
9937 Barnes Lane S, Tacoma, WA 98444
0%
Over list
47
Days on market
0.9 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 from MLS GRID / NWMLS · Updated Oct 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of August 6, 2026 at 04:06am (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.
HO
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