$375,000
Est. $1,928/mo3 bd•1 ba•936 sq ft
5133 N 38th Street, Tacoma, WA 98407
• Listed 2026-07-31•New today
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Based on information submitted to the MLS GRID as of July 31, 2026 at 08:57pm (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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Investors!! Prime Location!! Don’t miss this fantastic investment opportunity in the highly desirable Ruston area of Tacoma! This 3-bedroom, 1-bath, single-story home offers 936 square feet of living space plus a spacious 297-square-foot attached garage & a ductless heat pump. Situated on a fenced lot, the property features a new roof, providing a great head start for your renovation or rental plans. There is a large shed for extra storage and fruit trees in the backyard. Whether you’re looking to flip, remodel, or add to your investment portfolio, this home has excellent potential. Pride of ownership for over 40 years! Enjoy an unbeatable location just minutes from shopping, waterfront dining, local boutiques, parks, and all the amenities that make the Ruston waterfront one of Tacoma’s most sought-after destinations. With strong neighborhood appeal and easy access to everything the area has to offer, this is an opportunity you won’t want to miss. Bring your vision and unlock the potential of this well-located investor special!
Listed by Chase Lipke • Century 21 Van Dorm Realty
Listing updated: July 31, 2026 at 08:57pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2563087
Open houses
No upcoming open houses scheduled for this property.
$496,000
+$121,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $437K and $610K.
Rental earnings
$1,500/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$570,000Last sold price
5106 N 39th Street, Tacoma, WA 98407

$550,000Last sold price
5302 N 42nd Street, Tacoma, WA 98407
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.
5133 N 38th Street, Tacoma, WA 98407
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
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$2,409 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%.
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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: The average home goes pending in around 9 days.
$1,275,000 Sold
5 weeks ago
5 bd•3.75 ba•~3,120 sq ft•Single Family
5321 N 48th St, Tacoma, WA 98407
2%
Under list
—
Days on market
0.7 mi
Distance
$920,000 Sold
6 weeks ago
5 bd•3.5 ba•~3,356 sq ft•Single Family
4818 N Ferdinand Street, Tacoma, WA 98407
8%
Under list
—
Days on market
0.7 mi
Distance
$390,000 Sold
2 months ago
2 bd•1 ba•~694 sq ft•Single Family
5707 N 45th Street, Tacoma, WA 98407
3%
Under list
—
Days on market
0.6 mi
Distance
$500,000 Sold
2 months ago
3 bd•1 ba•~1,107 sq ft•Single Family
3735 N Baltimore Street, Tacoma, WA 98407
0%
Over list
—
Days on market
0.1 mi
Distance
$500,000 Sold
2 months ago
4 bd•1 ba•~1,134 sq ft•Single Family
2909 N Baltimore Street, Tacoma, WA 98407
1%
Over list
—
Days on market
0.7 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 Aug 2026
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.