3502 S Madison Street, Tacoma, WA 98409 (MLS # 2369232)

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Listing provided courtesy of Northwest MLS; John L. Scott, Inc

PRICE $825,000
SIZE n/a
LOT SIZE 5,663 sqft
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Unique investment or owner-user opportunity in Tacoma! This well-maintained 2,308 SF mixed-use building features a long-established laundromat (Friends Place Laundromat) on the main floor and two residential units. Operated by the owner since 2005, the laundromat offers steady cash flow in a high-demand area. Residential units are ideal for rental income or owner occupancy. Property includes 6 parking spaces, 32 ft frontage on S Madison St, and sits on a 0.13-acre lot. Great access to transit and arterials. Rare chance to own a turnkey business/residential property in a growing neighborhood.

LAST UPDATED 5/6/2025 TRACT South Tacoma
YEAR BUILT 1911 COMMUNITY South Tacoma
COUNTY Pierce STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AREA 45 - South Tacoma
HEAT Baseboard, Electric
LOT 5663 sq ft
MLS STATUS Active
STYLE 60 - Comm Bldg Und 10K
SUBDIVISION South Tacoma
TAXES 4011
UTILITIES Sewer Connected
WATER Private
ZONING Commercial

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 6/20/25 12:44 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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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