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Listed by Jenny Wetzel • Windermere Abode.
FOR SALE

$376,000

Est. $1,991/mo

Price reduced $13,000 from the original $389,000 asking price

3 bd•1.75 ba•1,472 sq ft

2320 S M Street, Tacoma, WA 98405

• Listed Aug 28, 2026•27 days active · 27 cumulative

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Listing Broker: Windermere Abode; Jenny Wetzel; 253-302-4847

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Listing Broker: Windermere Abode; Jenny Wetzel; 253-302-4847

About this home

Remarkable upside and versatility in developing this double lot in the Hilltop Neighborhood of Tacoma, WA. Take advantage of the already demoed, turn-of-the-century home, in a neighborhood with lifestyle conveniences and significant urban upgrades in the works. Convert the single family home into a duplex, and garage (with sewer, water and electricity already connected) into a stand alone mother-in-law suite. Furthermore, subdivide the lot and mirror the development of the existing structures: here you have BOTH a renovation and building opportunity. The City of Tacoma has begun their Street Traffic Safety Enhancement Project on S 25th Street which includes: bikes lanes, ADA curb ramps and pedestrian enhancement. Not only is this a property prime for lucrative improvement, the local community is surrounded by established recreation and education landmarks that thrive. Build your next home or add this property to your investment portfolio. This is the place and property to complete your next renovation.

Property type
Single Family
Year built
1904
Interior
1,472 sq ft
Lot size
0.1492 acres
Parking
Detached Garage, Off Street
Price / sq ft
$255
HeatingForced Air
CoolingForced Air
Property taxes$4,464.6/yr (est.)
School districtTacoma

Listed by Jenny Wetzel • Windermere Abode

Listing updated: September 17, 2026 at 08:57am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2573701

Around this home

RexMont OfferEdge™

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2320 S M Street, Tacoma, WA 98405

List price
$376,000
Down payment
$75,200

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

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.

Property details

Interior features

  • Water Heater
  • Unfinished basement

Bedrooms

  • 3 bedrooms total

Bathrooms

  • 1 full bathroom
  • 2 half bathrooms

Flooring

  • Ceramic Tile
  • Laminate
  • Softwood
  • Carpet

Heating & cooling

  • Forced Air heating
  • Forced Air cooling

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 SchoolDigger

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.

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.

Check eligibility

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$2,457 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Plan 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

Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: Windermere Abode; Jenny Wetzel; 253-302-4847

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Market pulse

Tacoma is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market

  • Offer insight: Homes typically sell with one offer near asking price.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 62 days.

Recent sales nearby

Within 1 mile · last 6 months

  • $420,000 Sold

    3 months ago

    2 bd•2 ba•~1,321 sq ft•Single Family

    2434 Yakima Court, Tacoma, WA 98405

    1%

    Under list

    272

    Days on market

    0.3 mi

    Distance

  • $290,000 Sold

    4 months ago

    3 bd•1 ba•~949 sq ft•Single Family

    1820 S Sprague Avenue, Tacoma, WA 98405

    24%

    Over list

    81

    Days on market

    0.6 mi

    Distance

  • $480,000 Sold

    4 months ago

    3 bd•2.25 ba•~1,558 sq ft•Single Family

    2367 Yakima Court, Tacoma, WA 98405

    2%

    Under list

    116

    Days on market

    0.3 mi

    Distance

  • $500,000 Sold

    5 months ago

    3 bd•2.25 ba•~1,604 sq ft•Single Family

    2365 Yakima Ct, Tacoma, WA 98405

    0%

    Over list

    39

    Days on market

    0.3 mi

    Distance

  • $499,950 Sold

    5 months ago

    2 bd•2.5 ba•~1,369 sq ft•Single Family

    2535 Se I St #a, Tacoma, WA 98405

    0%

    Over list

    37

    Days on market

    0.4 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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Market data from MLS GRID / NWMLS · Updated Sep 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of September 17, 2026 at 08:57am (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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