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253-691-8561
Terrafin Real Estate
8633 S Thompson Avenue, Tacoma, WA 98444
- $225,000
- 1
- BD
- 1
- BA
- 736
- SqFt
Listing Broker: Homes & Equity Real Estate Grp; Gabriel Diaz; ; Selling Office: Skyline Properties, Inc..
- Sold Price
- $225,000
- List Price
- $249,000
- Status
- SOLD
- Closing Date
- Apr 15, 2026
- MLS#
- 2461307
- Subtype
- Residential
- Style
- 10 - 1 Story
- Year Built
- 1911
- Bedrooms
- 1
- Bathrooms
- 1
- Living Area
- 736
- Lot Size
- 6,000
- Acres
- 0.14
- Subdivision
- Fern Hill
- Neighborhood
- Fern Hill
- Building Name
- Mayhew addition to Fern Hill
- MLS Area Major
- South Tacoma
Property Description
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.
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Additional Information
- Exterior Features
- Wood Products
- Property Description
- 10 - 1 Story
- Heating
- Forced Air
- Air Conditioning
- None
- Levels
- One
- Roof
- Composition
- Parking Features
- Driveway, Off Street
- School District
- Tacoma
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- View
- Territorial
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.