3112 S Melrose Street · Tacoma, WA 98405
Source: NWMLS · Keller Williams Eastside · Haruichi Bearden #NWM2491788
About this home
***Be sure to ask about our LENDER-PAID 1-0 BUYDOWN option! Enjoy an INTEREST RATE THAT IS 1% LOWER DURING YOUR FIRST YEAR.*** Tacoma Development Opportunity – Build 3 Townhomes + Existing Home - UR-1 zoned Tacoma property offering excellent infill development potential.$450K each Total resale: ~$1.35M - Owner occupy or rent while rent this Charming existing 2 bed 1 bath with 1550 square ft bright living spaces, spacious kitchen, and flexible bonus room. Favorable setbacks and lot configuration may allow up to three additional townhomes while keeping the existing home (buyer to verify). Ideal opportunity for investors, builders, or homeowners seeking long-term upside in a growing Tacoma neighborhood. Builder available @ $240 sqft and Using Weddermann Architecture, PLLC for planning and architecture
Location
Basics
- Property type
- Single Family Residence
- Style
- Craftsman
- Stories
- One and one half
- Condition
- Good
- Year built
- 1925 (renovated 1977)
- Lot size
- 7,200 sq ft (0.17 acres)
- County
- Pierce
- MLS #
- NWM2491788
Interior
- Heating
- Baseboard
- Cooling
- None
Exterior & lot
- Exterior features
- Metal/Vinyl
- Roof
- Composition
- Foundation
- Block
- Topography
- Level
- Waterfront
- No
Parking
- Parking spaces
- 4
- Carport
- Yes
- Covered spaces
- 1
- Parking features
- Detached Carport
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Electric
Community & fees
- Subdivision
- Central Tacoma
- Property tax
- $4,203 (2025)
Transaction
- Original list price
- $550,000 (18.2% price cut)
- Listed on
- Mar 12, 2026
- Days on market
- 189
- Price per sq ft
- $290
- Listing terms
- Cash, Conventional, See Remarks, VA Loan
- Possession
- Closing
More homes nearby
Schools
School district: Tacoma
- Elementary
- Franklin
- Middle
- Buyer To Verify
- High
- Foss High SchoolTop 98% in WA
Listing provided courtesy of: Keller Williams Eastside
Listing agent: Haruichi Bearden.
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 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. Information is deemed reliable but not guaranteed.
Data last updated 2026-09-17.