Prime Real Estate Opportunity in Vibrant Downtown Tacoma! Nestled within the thriving urban landscape, this 3,000 sq. ft. property presents a rare opportunity for savvy investors. Boasting a coveted WR Zoning classification for Multi-family, Commercial, Business, Retail Storefront and a dynamic Mixed-use Development. Property is in close proximity to an array of amenities including eateries, entertainment, transportation hubs, historic & cultural attractions. Commuting & connectivity are effortless, making it an ideal location for residents and business alike. Seize the moment & unlock the potential of this exceptional property & let your imagination soar amidst the boundless opportunities in Tacomas thriving downtown real estate market.
Property Details
Property Features
Listing Office:
Office Name: Goldhouse Realty
Office Phone: (253) 254-6139
Listing Agent: Libby Williams
Lot Features
Lot Information:
Lot Size: 0.07 Acres
Other
Directions Information:
Directions: Use GPS...From I-5 S, take exit 132 onto SR-16 W, R on 38th St E, L on S Thompson, R on S 25th, R on Tacoma Ave S, destination on your left.
Price Information
Listing Price Info
Price Summary:
List Price: $239,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Tacoma, WA.
This property is $240.5K less than the Median Sold Price in Tacoma, WA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: NWMLS
MLS Number: #2221672
Listing Office:
Office Name: Goldhouse Realty
Office Phone: (253) 254-6139
Listing Agent: Libby Williams
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
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.
Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 6:17:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,260
Per Month
Principal & Interest
$1,193
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$783
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
McCarver Elementary School
2111 S J St
Distance between this listing and this school0.38 miles
Public District Grades PK-5
3
/10
Stanley Elementary School
1712 S 17th St
Distance between this listing and this school1.00 miles
Public District Grades PK-5
3
/10
Whitman Elementary School
1120 S 39th St
Distance between this listing and this school1.21 miles
Public District Grades PK-5
Nearby Schools
5
/10
Bryant Montessori Middle School
717 S Grant Ave
Distance between this listing and this school1.48 miles
Public Magnet Grades 6-8
3
/10
Jason Lee Middle School
602 N Sprague Ave
Distance between this listing and this school1.67 miles
Public District Grades 6-8
3
/10
Stewart Middle School
6501 S 10th St
Distance between this listing and this school1.87 miles
Public District Grades 6-8
Nearby Schools
4
/10
Tacoma School of the Arts
1102 A St Ste 200
Distance between this listing and this school0.41 miles
Public District Grades 9-12
5
/10
Summit Public School: Olympus
409 Puyallup Ave
Distance between this listing and this school0.59 miles
Public Charter Grades 9-12
3
/10
Lincoln High School
701 S 37th St
Distance between this listing and this school0.89 miles
The neighbors living near this home have an average income of $34,684. The majority of Tacoma, WA residents have income less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Living In Tacoma, WA
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Tacoma, WA?
Tacoma's housing market is diverse, offering a range of options from historic homes to contemporary apartments. Single-family homes are prevalent, with a mix of architectural styles including Craftsman, Victorian, and mid-century modern. The market also includes a selection of condominiums and townhouses, appealing to various preferences and lifestyles. The homeownership rate in Tacoma is robust, with a significant portion of residents owning their homes, while the rest are engaged in the rental market.
Is Tacoma, WA a good place to live?
Tacoma is celebrated for its vibrant arts scene and waterfront charm. The community prides itself on a rich cultural identity, with numerous galleries, museums, and theaters contributing to the local ambiance. Annual events like the Tacoma Film Festival and the Taste of Tacoma festival reflect the city's love for arts and cuisine, fostering a sense of community among residents.
Are things conveniently located in Tacoma, WA?
The city is served by a comprehensive educational system, including a variety of public and private schools, catering to all levels of education. Healthcare is accessible through several hospitals and clinics offering a range of services from primary care to specialized treatments. Tacoma's public library system is extensive, providing residents with educational resources and community programs. Retail and dining options are plentiful, with an emphasis on local businesses that showcase the region's culture and flavors.
What does the transportation in Tacoma, WA look like?
Tacoma's transportation infrastructure supports both private and public transit options. The city's public transportation system includes buses that operate on a set schedule, connecting various neighborhoods and key areas. The region is also bike-friendly, with dedicated lanes and trails. Major highways and thoroughfares facilitate commuting and travel to and from the city. While ride-sharing services are available, they complement the existing transportation network, offering additional mobility solutions for residents and visitors.
Frequently Asked Questions About 2505 Tacoma Ave S
What is the listing price of this property?
The listing price of 2505 Tacoma Ave S property is $239,000.
What type of property is this?
The property 2505 Tacoma Ave S is land located in Tacoma, Washington, 98402.
Is this property for sale now?
Active Listing: 2505 Tacoma Ave S is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2505 Tacoma Ave S in Tacoma, WA and zip code 98402. This home sits on a 0.07 acre lot. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $239,000.
While more than 94 listings in Tacoma, WA in October 2024 were sold above asking price, there were more than 83 listings sold at asking price, and more than 104 were sold below. The number of listings in Tacoma, WA increased by 8.5% between September 2024 and October 2024. In October 2024, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $479,506.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved. 
Major League Soccer (MLS)
Major League Soccer (MLS)
Music Concerts
Tennis
Banana Republic
H&M
Crate & Barrel
Jack In The Box
Chipotle
Starbucks
Toyota
Volkswagen
BMW
Jazz
Rhythmic Contemporary Hits
News