$1,425,000
Est. $7,243/mo315 N L Street, Tacoma, WA 98403
• Listed 2026-06-29•14 days on market
Talk to a local RexMont expert
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of July 7, 2026 at 08:13am (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.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Avg response under 5 mins
Fully occupied, freshly upgraded, and sitting on a path of undeniable growth. The unit mix is exactly what tenants want: two spacious 3-bed/1-bath units and two 1-bed/1-bath units, each with covered porches, hardwood and fir floors, original built-ins, and gas forced air heat. Two units feature updated kitchens with stainless appliances and newer cabinetry.The heavy lifting is already done. A new water supply line, all-new supply plumbing, new sewer line, two new 80-gallon water heaters, and new furnaces mean a new owner steps into a mechanically sound asset with minimal deferred maintenance and maximum peace of mind.A five-bay garage off the alley represents untapped monthly income sitting largely uncaptured in the current rent roll, a straightforward path to pushing NOI higher without touching a single unit. Fully fenced backyard, unfinished basement with shared laundry, open storage, and four individual storage units round it out.Easy access to Tacoma's new light rail, Wright Park, and the medical center puts this property directly in the path of the city's most significant growth corridor. Proven tenancy. Turnkey systems.
Listed by Patrick Buckley • COMPASS
Listing updated: July 7, 2026 at 08:13am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2546564
Open houses
No upcoming open houses scheduled for this property.
RexMont Value Snapshot
Pull the latest nearby sold homes matched on size, age, and location.
315 N L Street, Tacoma, WA 98403
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
$8,364 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
More homes in this area that match your range.
$1,125,000
404 N D Street #11e, Tacoma, WA 98403
Terry Gonser · Skyline Properties, Inc.
$724,500
505 Broadway #507, Tacoma, WA 98402
C.J. Stewart · Hawkins Poe
$975,000
708 Market Street #705, Tacoma, WA 98402
Rob Nicholson · John L. Scott, Inc.
$774,900
2102 S 12th Street, Tacoma, WA 98405
Kevin J Still · Keller Williams Rty Tacoma
$750,000
1909 S Yakima Avenue, Tacoma, WA 98405
Riley Craig Holder · Windermere Prof Partners
$1,453,630
502 E Wright Avenue, Tacoma, WA 98404
Kim Smart · Better Properties Real Estate
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.
$574,950 Sold
0 days ago
3 bd•1.5 ba•~1,296 sq ft•Single Family
1509 N 6th Street, Tacoma, WA 98403
0%
Over list
—
Days on market
0.3 mi
Distance
$654,500 Sold
1 week ago
3 bd•1 ba•~1,242 sq ft•Single Family
920 N Sheridan Avenue, Tacoma, WA 98403
1%
Over list
—
Days on market
0.5 mi
Distance
$1,650,000 Sold
3 weeks ago
5 bd•3.5 ba•~3,344 sq ft•Single Family
1014 N E Street, Tacoma, WA 98403
3%
Over list
—
Days on market
0.7 mi
Distance
$705,000 Sold
3 weeks ago
•Single Family
201 N I Street, Tacoma, WA 98403
6%
Under list
—
Days on market
0.2 mi
Distance
$1,150,000 Sold
4 weeks ago
•Single Family
1021 N 5th Street, Tacoma, WA 98403
5%
Over list
—
Days on market
0.1 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 Jul 2026
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
