1301 S 54th Street, Tacoma, WA 98408 - Photo 1

1/33

$765,000

For Sale
Active
Multi-Family

Listed by Ethan Wing | Windermere Central Sound | (253) 844-4289 and George Wing | Windermere Central Sound | (253) 844-4289

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Property Description

Classic 60's rambler, brick 4 plex style. Landlords & tenants alike love these buildings because they're well built & the units have great, functional layouts. This one is no exception, w/timeless style & design that really enhances livability & allows the landlord to charge premium rents. Bring your cosmetic ideas, all the units need is some cosmetic updates & you've got a building well positioned for low maintenance renting for the next 20 years. The garage spaces are a bonus - rent them individually or consider converting them into an additional apartment or two. Conveniently located on a bus line, close to I5, and walking distance from the emerging retail corredor that is S 56th St. Hear that? That's the sound of opportunity knocking.

Full Property Details

Full Property Details for 1301 S 54th St

General

Price: $765,000
Taxes: $9,209 (2025)
Status: Active
Type: Multi-Family
Source: NWMLS
MLS ID: 2369676
Updated: 12/8/2025
Added to Site: 260 day(s) ago

Interior

Flooring: Vinyl, Carpet

Additional Information

Amenities: Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Patio
Security/Safety: Partially Fenced

Parking

Covered Spaces: 4

Location

Area: 51 - South Tacoma
County: Pierce
Subdivision: South Tacoma
Driving Directions: From I5 - take the S 56th St exit and head east to S M St - left on S M - 2 blocks to building on the left.

School Information

High School District: Tacoma
Elementary School: Mann
Middle School: Giaudrone Mid Sch
High School: Lincoln High

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Ductless, None
Heating Type: Baseboard, Ductless

Utilities

Sewer: Sewer Connected
Water: Public

Structural Information

Structure Type: Quadruplex
Exterior Const.: Brick
Foundation: Poured Concrete
Roof: Composition
Stories in Building: 1
Square Feet: 2,720
Year Built: 1969

Unit Information

Units in Building: 4

Lot Features

Lot Size (Acres): 0.1435
Lot Size (Sq. Ft.): 6,250
Lot Size Source: Tax Records
Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
Zoning: Commercial

Green Features

Energy Efficient: Thermal Windows

Financial Considerations

Tax Amount: $9,209
Tax Year: 2025
Terms: Cash Out, Conventional, FHA, Owner Financing, VA Loan

Disclosures and Reports

Special Conditions: None
Property ID: 7785005150

Listed by Ethan Wing | Windermere Central Sound | (253) 844-4289 and George Wing | Windermere Central Sound | (253) 844-4289

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Schools

Schools serving 1301 S 54th St

School District:Tacoma Public Schools

Name	Grades	Distance
Mann Elementary School 1002 South 52nd Street, Tacoma, WA 98408	PK-5	0.2 mi
Angelo Giaudrone Middle School 4902 South Alaska Street, Tacoma, WA 98408	6-8	0.5 mi
Lincoln High School, Tacoma, WA 701 South 37th Street, Tacoma, WA 98418	9-12	1.3 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1301 S 54th St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

12/08/2025

Price Reduced

$765,000

-1.29%

MLS

11/23/2025

Price Reduced

$775,000

-1.27%

MLS

11/04/2025

Price Reduced

$785,000

-1.87%

MLS

9/15/2025

Price Reduced

$799,950

-4.71%

MLS

8/15/2025

Price Reduced

$839,500

-1.18%

MLS

7/17/2025

Price Reduced

$849,500

-2.91%

MLS

6/21/2025

Price Reduced

$875,000

-1.57%

MLS

5/02/2025

Listed

$889,000

—

MLS

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

Tax History for 1301 S 54th St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$9,209

$846,700

11%

2024

$8,449

$759,600

-4%

2023

$8,168

$787,300

17%

2022

$7,719

$673,700

15%

2021

$7,383

$588,000

14%

2020

$6,994

20%

$516,200

21%

2018

$5,846

—

$427,500

15%

2018

$5,846

16%

$370,300

18%

2017

$5,054

14%

$313,900

19%

2016

$4,441

11%

$263,400

2014

$4,009

—

$250,600

2014

$4,009

—

$233,100

—

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

Estimate the Cost for 1301 S 54th St

1301 S 54th Street, Tacoma, WA 98408 (MLS# 2369676) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1301 S 54th Street is currently listed for $765,000 and was received on May 02, 2025. Want to learn more about 1301 S 54th Street? Do you have questions about finding other Multi-Family real estate for sale in Tacoma? You can browse all Tacoma real estate or contact a Coldwell Banker agent to request more information.

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1301 S 54th St Tacoma, WA 98408