1516 Lafayette Street S, Tacoma, WA 98444 (MLS # 2528587)

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

PRICE $624,950
BEDS 7
BATHS 3
HOME SIZE 2,970 sqft
LOT SIZE 7,502 sqft
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Beautifully updated split-level home offering a rare and flexible living opportunity! This is a single-family residence (not a multifamily property) currently configured with 3 separate living areas, making it ideal for owner-occupants, investors, student housing, nurses, or long/short-term rental potential. Excellent opportunity to live in one unit while generating income from the others. Conveniently located near PLU, shopping, dining, and easy freeway access. Property features exterior updates including newer Hardi-panel siding, newer windows, doors, plumbing fixtures, and electrical fixtures. Fully fenced with ample parking and an outbuilding for additional storage. No HOAUnit A (upper/front) offers 3 bedrooms, 1 bath, spacious living room, laminate flooring, electric fireplace, LED lighting, large kitchen, metal railings, laundry room, and all appliances including washer/dryer. Occupied with lease through Feb 2027 at $2,300/month.Unit B (lower/front) is vacant and recently renovated with 2 bedrooms, 1 bath, living room, electric fireplace, updated kitchen and bath, new windows, mini-split A/C, washer/dryer, and all appliances. Estimated rent $2,300/month.Unit C (side/back entrance) features kitchen, dining area, 1 main-level bedroom, upper-level bedroom and bath, laundry room, and great overall condition. Occupied month-to-month at $1,800/month. Showing of occupied units after mutual acceptance.

LAST UPDATED 5/22/2026 TRACT Parkland
YEAR BUILT 1978 COMMUNITY Parkland
COUNTY Pierce STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School James Sales Elem
Jr. High School Perry G Keithley Mid
High School Wash High


ADDITIONAL DETAILS
AIR Ductless
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Microwave, Refrigerator, Washer
AREA 63 - Parkland
CONSTRUCTION Cement Siding
FIREPLACE Yes
HEAT Ductless , Electric, Wall Furnace
INTERIOR Dining Room, Fireplace, Second Kitchen, Second Primary Bedroom
LOT 7501 sq ft
LOT DESCRIPTION Dead End Street, Paved
MLS STATUS Active
PARKING Driveway, Off Street, RV Access/Parking
STORIES Split/Multi Level
STYLE 14 - Split Entry
SUBDIVISION Parkland
TAXES 6715.33
UTILITIES Sewer Connected
WATER Public

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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 5/23/26 1:19 PM 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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