Investor/Developer Alert! Incredible Opportunity in Prime Tacoma Location. Take advantage of this high-potential property offering multiple paths to profitability! With the recent City of Tacoma rezoning changes, (UR2 zoning) this lot opens the door to a variety of investment strategies: Renovate and add bedrooms to maximize rental income; Convert to a single-family residence with a DADU (Detached Accessory Dwelling Unit); Or develop up to 6 units on the lot for long-term revenue growth (buyer to verify all zoning and development possibilities). The property is newly fully fenced, adding security and value to your investment. Whether you're a flipper, builder, or long-term investor, this is a rare opportunity in a fast-growing area.
Sold
Listed by: Homes & Equity Real Estate Grp • Gabriel Diaz
Bought with: Skyline Properties, Inc.
$225,000
8633 S Thompson Avenue, Tacoma, WA 98444
1beds
736sqft
Single Family Residence
Built in 1911
5,998 Square Feet Lot
$243,400 Zestimate®
$306/sqft
$2,123 Estimated rent
Home value
$243,400
$231,000 - $256,000
$2,123/mo
Zestimate® history
Owner options
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$2,123/mo
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$2,123/mo
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$1,453/mo
Est. payment
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$1,453/mo
Est. payment
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Newly fully fenced
Zillow last checked:
Listing updated:
Listed by:
Gabriel Diaz,
Homes & Equity Real Estate Grp
Bought with:
Casey Voellger, 49799
Skyline Properties, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2461307
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Level: Main
Bathroom full
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen without eating space
- Level: Main
Living room
- Level: Main
Heating
- Forced Air, Electric
Cooling
- None
Features
- Has fireplace: No
Interior area
- Total structure area: 736
- Total interior livable area: 736 sqft
Property
Parking
- Parking features: Driveway, Off Street
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Has view: Yes
- View description: Territorial
Lot
- Size: 5,998 Square Feet
Details
- Parcel number: 5595000320
- Zoning: UR2
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1911
- Major remodel year: 1962
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & HOA
Community
- Subdivision: Fern Hill
Location
- Region: Tacoma
Financial & listing details
- Price per square foot: $306/sqft
- Tax assessed value: $187,900
- Annual tax amount: $2,068
- Date on market: 1/30/2026
- Cumulative days on market: 173 days
- Listing terms: Rehab Loan,See Remarks
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2026 | Sold | $225,000-9.6%$306/sqft |
Source:  NWMLS as distributed by MLS GRID #2461307 Report a problem | ||
| 4/9/2026 | Pending sale | $249,000$338/sqft |
Source: NWMLS as distributed by MLS GRID #2461307 Report a problem | ||
| 12/16/2025 | Listed for sale | $249,000+255.7%$338/sqft |
Source: NWMLS as distributed by MLS GRID #2461307 Report a problem | ||
| 12/1/2022 | Sold | $70,000-56.3%$95/sqft |
Source: Public Record Report a problem | ||
| 6/24/2022 | Sold | $160,000-20%$217/sqft |
Source: NWMLS as distributed by MLS GRID #1935407 Report a problem | ||
| 5/31/2022 | Pending sale | $199,990$272/sqft |
Source: NWMLS as distributed by MLS GRID #1935407 Report a problem | ||
| 5/17/2022 | Listed for sale | $199,990+243.8%$272/sqft |
Source: NWMLS as distributed by MLS GRID #1935407 Report a problem | ||
| 9/30/1999 | Sold | $58,169$79/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,397 -36.8% | $187,900 -18.5% |
| 2023 | $5,372 +109.2% | $230,600 -6.5% |
| 2022 | $2,568 -78.3% | $246,700 +18.5% |
| 2021 | $11,839 +565.3% | $208,100 +34.1% |
| 2019 | $1,780 +0% | $155,200 +13.7% |
| 2018 | $1,779 +14.3% | $136,500 +21.5% |
| 2017 | $1,556 +10.6% | $112,300 +30.6% |
| 2016 | $1,407 | $86,000 +6.6% |
| 2014 | $1,407 +20.9% | $80,700 +16.5% |
| 2013 | $1,164 | $69,300 +4.8% |
| 2012 | -- | $66,100 -23.3% |
| 2011 | -- | $86,200 -9.4% |
| 2010 | -- | $95,100 -17.6% |
| 2009 | -- | $115,400 -9.5% |
| 2008 | $1,539 | $127,500 -2.9% |
| 2007 | $1,539 +39% | $131,300 +103.3% |
| 2002 | $1,107 +18.1% | $64,600 |
| 2001 | $938 | $64,600 +21% |
| 2000 | $938 | $53,400 |
Find assessor info on the county website
Neighborhood: South End
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Nearby schools
GreatSchools rating
- 5/10Fern Hill Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 4/10Baker Middle SchoolGrades: 6-8Distance: 0.4 mi
- 1/10Mt Tahoma High SchoolGrades: 9-12Distance: 2.7 mi
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Estimated market value
$243,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$243,400
- Washington
- Pierce County
- Tacoma
- 98444
- South End
- 8633 S Thompson Avenue
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