Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$449,950

  • For Sale
  • Active
  • Multi-Family

Listed by Ronald Dudley | Theory Real Estate | (253) 537-4663

See This Home
Save This Home
See This Home
Save This Home
HOUSE HACKERS - this property is a great way to offset your mortgage living on one side and continue renting the other! INVESTORS - this a great turn key rental to add to your portfolio that even has potential to push rent higher! Unit 1 is a 1 bed 1 bath and Unit 2 is a 2 bed 0.75 bath. The property has been updated with LVP flooring, paint, and appliances! Conveniently located near the Tacoma Link Light Rail, UW Tacoma, Stadium District, Hospitals, restaurants, shops, entertainment, and more! Potential condoization for even more opportunity? Buyer to verify!

Full Property Details for 1123 S M St

General

  • Price: $449,950
  • Taxes: $2,988 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2492238
  • Updated: 3/14/2026
  • Added to Site: 22 day(s) ago

Interior

  • Flooring: Vinyl, Vinyl Plank

Location

  • Area: 29 - Central Tacoma
  • County: Pierce
  • Subdivision: Hilltop
  • Driving Directions: Google maps friendly

School Information

  • High School District: Tacoma

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard, Forced Air

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Duplex
  • Exterior Const.: Cement/Concrete
  • Foundation: Slab
  • Roof: Flat
  • Stories in Building: 1
  • Square Feet: 1,386
  • Year Built: 1959

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size (Acres): 0.0253
  • Lot Size (Sq. Ft.): 1,100
  • Lot Size Source: Realist
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk

Financial Considerations

  • Tax Amount: $2,988
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, Lease Purchase, See Remarks, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 2011250132

Listed by Ronald Dudley | Theory Real Estate | (253) 537-4663

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1123 S M St

School District:Tacoma Public Schools
NameGradesDistance
Bryant Montessori School
717 South Grant Avenue, Tacoma, WA 98405
PK-50.4 mi
Hilltop Heritage Middle School
602 North Sprague Avenue, Tacoma, WA 98403
6-80.7 mi
Stadium High School
111 North E Street, Tacoma, WA 98403
9-121.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1123 S M St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/13/2026
Listed
$449,950
40.61%
MLS
1/26/2023
Sold
$320,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1123 S M St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,988
19%
$274,000
21%
2024
$2,520
18%
$225,800
10%
2023
$2,138
—
$205,300
10%
2022
$2,145
—
$186,500
10%
2021
$2,136
—
$169,500
8%
2020
$2,135
32%
$157,000
10%
2018
$1,612
—
$142,700
40%
2018
$1,612
3%
$101,700
5%
2017
$1,564
—
$96,800
5%
2016
$1,559
-7%
$92,200
—
2014
$1,674
—
$92,200
-5%
2014
$1,674
—
$97,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1123 S M St

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Ronald Dudley | Theory Real Estate | (253) 537-4663

Just Listed near 1123 S M St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

354 Farallone Ave, Fircrest, WA 98466 - Photo 1 Just Listed
$749,950
Open House

354 Farallone Ave  Fircrest, WA 98466

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 1,968
    Sq. Ft.
Listed by Nimrata Nand | Keller Williams Realty PS and Christopher John | Keller Williams Realty PS
1220 Alameda, Fircrest, WA 98466 - Photo 1 Just Listed
$618,500
Open House

1220 Alameda  Fircrest, WA 98466

  • Condo
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,954
    Sq. Ft.
Listed by Thomas Meas | Compass
1053 11th Tee Dr, Fircrest, WA 98466 - Photo 1 Just Listed
$779,950

1053 11th Tee Dr  ##32  Fircrest, WA 98466

  • Condo
  • Active
  • Updated 3 days ago
  • 2
    Beds
  • 3
    Total Baths
  • 1,976
    Sq. Ft.
Listed by Daniel Bennett | RE/MAX Exclusive
2735 Locust Ave W, University Place, WA 98466 - Photo 1 Just Listed
$449,950

2735 Locust Ave W  University Place, WA 98466

  • Single Family
  • Active
  • Updated 8 hours ago
  • 3
    Beds
  • 1
    Total Bath
  • 1,134
    Sq. Ft.
Listed by Glover Weiss | Coldwell Banker Danforth

Price Reduced near 1123 S M St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

4921 53rd Ave W, University Place, WA 98467 - Photo 1 Price Reduced
-$15,000 (-2.01%)
$730,000
Open House

4921 53rd Ave W  University Place, WA 98467

  • Single Family
  • Active
  • Updated 4 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,360
    Sq. Ft.
Listed by Matt Harber | Keller Williams Rty Tacoma
5710 61st Ave W, University Place, WA 98467 - Photo 1 Price Reduced
-$10,950 (-1.66%)
$649,000
Open House

5710 61st Ave W  University Place, WA 98467

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,091
    Sq. Ft.
Listed by Christel EM Osterstrom | Bcr Llc and Juli Anne Gibson | Bcr Llc
5928 61st Ave W, University Place, WA 98467 - Photo 1 Price Reduced
-$10,000 (-1.45%)
$679,995
Open House

5928 61st Ave W  University Place, WA 98467

  • Single Family
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,229
    Sq. Ft.
Listed by Jeremy Martini | John L. Scott R.E.Tacoma North
4036 Tribute Ave E, Fife, WA 98424 - Photo 1 Price Reduced
-$10,000 (-1.53%)
$645,000
Open House

4036 Tribute Ave E  Fife, WA 98424

  • Single Family
  • Active
  • Updated 4 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,701
    Sq. Ft.
Listed by Royal Omolade | Real Experts Realty

Recent Sales near 1123 S M St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1219 Earnest S Brazill St, Tacoma, WA 98405 - Photo 1 Sold
$493,597

1219 Earnest S Brazill St  Tacoma, WA 98405

  • Office
  • Closed
Listed by Dale Flaten | Blue Emerald Real Estate Co.
Sold by Travis Kalamakis | Motion Property Group
1109 S 14th St, Tacoma, WA 98405 - Photo 1 Sold
$446,000

1109 S 14th St  Tacoma, WA 98405

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,866
    Sq. Ft.
Listed by Meghan Lemoncelli | Keller Williams Realty
Sold by Quirina Maravilla | eXp Realty
1202 S 15th St, Tacoma, WA 98405 - Photo 1 Sold
$485,000

1202 S 15th St  Tacoma, WA 98405

  • Single Family
  • Closed
  • 6
    Beds
  • 2
    Total Baths
  • 1,790
    Sq. Ft.
Listed by Craig Tuttle | Realty One Group Turn Key
Sold by Chan Khim | Better Properties Covington
916 S J St, Tacoma, WA 98405 - Photo 1 Sold
$425,000

916 S J St  Tacoma, WA 98405

  • Single Family
  • Closed
  • 2
    Beds
  • 1
    Total Bath
  • 1,534
    Sq. Ft.
Listed by Alex Munoz | Windermere Prof Partners
Sold by Mike Larson | Compass

1123 S M Street, Tacoma, WA 98405 (MLS# 2492238) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 1123 S M Street is currently listed for $449,950 and was received on March 13, 2026. Want to learn more about 1123 S M Street? Do you have questions about finding other Multi-Family real estate for sale in New Tacoma? You can browse all New Tacoma real estate or contact a Coldwell Banker agent to request more information.

Tour this property