Sold

Listed by: Keller Williams Rty Tacoma

Bought with: Commencement Bay Brokers LLC

$938,000

5435 S M Street, Tacoma, WA 98408

--beds

--baths

7,875sqft

Multi Family

Built in 1946

-- sqft lot

$933,100 Zestimate^®

$119/sqft

$1,832 Estimated rent

Home value

$933,100

Estimated sales range

Not available

$1,832/mo

Zestimate^® history

Owner options

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$1,832/mo

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$1,832/mo

Rent Zestimate^®

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$5,682/mo

Est. payment

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$5,682/mo

Est. payment

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What's special

Updated apartments

Undeniably one of the best investments out there, this Mixed use two story building is perfect for owner occupant, investor or non profit. Shy 8000 sq feet of space on two levels, 5 apartment units upstairs and mainfloor has 90% office and one additional apartment is on main floor for ADA or special needs. included in building sale are (2) 1-car garage spaces off the alleyway and a lease with T-Mobile for a cell tower as well. Multiple streams of income and opportunities with this one. Partially upgraded in the office area, and updated apartments throughout the years this building is virtually turn key and ready to occupy.

Facts & features

Interior

Heating

Forced Air, Wall Unit(s), Electric, Natural Gas

Cooling

Forced Air

Features

Flooring: Laminate, Vinyl, Carpet
Has fireplace: No

Interior area

Total structure area: 7,875
Total interior livable area: 7,875 sqft

Property

Parking

Total spaces: 6
Parking features: Open
Covered spaces: 2
Uncovered spaces: 4

Features

Has view: Yes
View description: Territorial

Lot

Size: 6,372 sqft
Features: Paved, Sidewalk, Cable TV, Gas Available

Details

Parcel number: 7785006860
Zoning description: Commercial,Multi-Family,Office,See Remarks,Jurisdiction: City
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Cement/Concrete, Stone, Wood Siding, Wood Products
Foundation: Poured Concrete
Roof: Torch Down

Condition

Very Good
Year built: 1946
Major remodel year: 1986

Utilities & green energy

Electric: Company: TPU
Sewer: Sewer Connected, Company: TPU
Water: Public, Company: TPU
Utilities for property: Comcast, Comcast

Community & neighborhood

Location

Region: Tacoma
Subdivision: South Tacoma

Other

Other facts

Listing terms: Conventional
Cumulative days on market: 278 days

Price history

Date	Event	Price
9/25/2025	Sold	$938,000-14.3%$119/sqft
Source: NWMLS as distributed by MLS GRID #2335804 Report a problem
7/8/2025	Pending sale	$1,095,000$139/sqft
Source: NWMLS as distributed by MLS GRID #2335804 Report a problem
5/6/2025	Price change	$1,095,000-8.4%$139/sqft
Source: NWMLS as distributed by MLS GRID #2335804 Report a problem
3/5/2025	Listed for sale	$1,195,000$152/sqft
Source: NWMLS as distributed by MLS GRID #2335804 Report a problem