$389,000
Est. $2,000/mo3 bd•1.75 ba•1,472 sq ft
2320 S M Street, Tacoma, WA 98405
• Listed 2026-08-28•New today
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Based on information submitted to the MLS GRID as of August 29, 2026 at 05:01am (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.
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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.
Listed by Jenny Wetzel • Windermere Abode
Listing updated: August 29, 2026 at 05:01am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2573701
$521,000
+$132,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $410K and $515K.
Rental earnings
$1,575/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$429,950Last sold price
2118 S Sheridan Avenue, Tacoma, WA 98405

$410,000Last sold price
1949 S Sheridan, 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.
2320 S M Street, Tacoma, WA 98405
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.
$2,469 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: 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 22 days.
$420,000 Sold
8 weeks ago
2 bd•2 ba•~1,321 sq ft•Single Family
2434 Yakima Court, Tacoma, WA 98405
1%
Under list
—
Days on market
0.3 mi
Distance
$290,000 Sold
3 months ago
3 bd•1 ba•~949 sq ft•Single Family
1820 S Sprague Avenue, Tacoma, WA 98405
24%
Over list
—
Days on market
0.6 mi
Distance
$480,000 Sold
3 months ago
3 bd•2.25 ba•~1,558 sq ft•Single Family
2367 Yakima Court, Tacoma, WA 98405
2%
Under list
—
Days on market
0.3 mi
Distance
$500,000 Sold
4 months ago
3 bd•2.25 ba•~1,604 sq ft•Single Family
2365 Yakima Ct, Tacoma, WA 98405
0%
Over list
—
Days on market
0.3 mi
Distance
$499,950 Sold
4 months ago
2 bd•2.5 ba•~1,369 sq ft•Single Family
2535 Se I St #a, Tacoma, WA 98405
0%
Over list
—
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.
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.