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$489,995

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,195 Sq. Ft.

Listed by Danny Altizer | Real Broker LLC | (855) 450-0442

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Reverie at Mercato, one of downtown Tacoma's premier condominium communities, ideally located in the heart of vibrant New Tacoma. This beautifully updated 2-bedroom + den, 2-bath residence offers an exceptional blend of style, comfort, and walkable urban living. Freshly refreshed with updated flooring, paint, and modern finishes, the open-concept design is filled with natural light from expansive windows overlooking the beautifully landscaped courtyard below. Well-appointed kitchen features rich cabinetry, granite countertops, stainless steel appliances, abundant storage, and a generous breakfast bar that opens seamlessly to the dining and living areas. The spacious primary suite includes a walk-in closet and private ensuite bath, while the second bedroom and dedicated den provide flexible space for guests, a home office, fitness room. Morning coffee or evening relaxation on your private balcony overlooking the peaceful courtyard. Residents enjoy secure access, underground parking with three (3) parking spaces, private storage, a fitness center, theater, community kitchen, and beautifully maintained outdoor gathering spaces with BBQ areas. With an outstanding Walk Score, you're just steps from Tacoma's best restaurants, coffee shops, museums, theaters, UWT, the waterfront, Link light rail, and countless entertainment options. Experience the convenience of low-maintenance living without sacrificing space, amenities, or location. This is downtown Tacoma living at its finest.

Full Property Details for 1501 Tacoma Ave S #312

General

  • Price: $489,995
  • HOA FEE: $625/month
  • Taxes: $4,216 (2025)
  • Status: Active
  • Type: Condo
  • Source: NWMLS
  • MLS ID: 2531969
  • Updated: 6/4/2026
  • Added to Site: 50 day(s) ago

Interior

  • Interior Features: Cooking-Electric, Dryer-Electric, Fireplace, Ice Maker, Insulated Windows, Primary Bathroom, Walk-In Closet(s), Washer, Water Heater
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Electric
  • Appliances: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Flooring: Ceramic Tile, Carpet
  • Floor/Window Décor: Blinds

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 1
  • Main Floor Baths: 2
  • Main - 3/4 Baths: 1

Bedrooms

  • Total Bedrooms: 2
  • Bedrooms Main: 2

Other Rooms

  • Laundry: Electric Dryer Hookup, Washer Hookup

Parking

  • Garage: Yes
  • Covered Spaces: 3
  • Parking Features: Common Garage

Location

  • Area: 30 - Central Tacoma
  • County: Pierce
  • Subdivision: Tacoma
  • Building Name: Reverie At Marcato
  • Driving Directions: From the 702 exit A St and 15th. Bear left on 15th up the hill to Tacoma Ave. Entry at the corner of Tacoma Ave and 15th
  • Direction Faces: North

School Information

  • High School District: Tacoma
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify

Community

  • Association: Yes
  • Assoc. Fees Include: Common Area Maintenance, Earthquake Insurance, Lawn Service, Trash
  • Units Assoc/Comm: 97

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Radiant
  • Water Heater: Electric

Structural Information

  • Architectural Style: Modern
  • Structure Type: Condominium
  • Exterior Const.: Brick, Cement/Concrete, Metal/Vinyl, Wood
  • Roof: Flat
  • Entry Location: Main
  • Stories in Building: 6
  • Square Feet: 1,195
  • Year Built: 2006

Unit Information

  • Units in Building: 97
  • Unit Features: Balcony/Deck/Patio, Insulated Windows, Primary Bath, Walk-in Closet

Lot Features

  • Property View: Mountains, Sound, Territorial
  • Lot Size (Acres): 0.0099
  • Lot Size (Sq. Ft.): 431
  • Lot Size Source: Realist
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk

Green Features

  • Energy Efficient: Insulated Windows

Financial Considerations

  • Association Fee: $625
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $4,216
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, State Bond, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Property ID: 9006930430

Listed by Danny Altizer | Real Broker LLC | (855) 450-0442

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Schools serving 1501 Tacoma Ave S #312

School District:Tacoma Public Schools
NameGradesDistance
Edna Travis Elementary
2111 South J Street, Tacoma, WA 98405
PK-50.5 mi
Hilltop Heritage Middle School
602 North Sprague Avenue, Tacoma, WA 98403
6-81.2 mi
Stadium High School
111 North E Street, Tacoma, WA 98403
9-121.3 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 1501 Tacoma Ave S #312 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/29/2026
Listed
$489,995
96%
MLS
11/12/2009
Sold
$250,000
—
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 1501 Tacoma Ave S #312

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,216
-2%
$429,300
11%
2024
$4,311
7%
$387,100
—
2023
$4,022
-10%
$387,100
-1%
2022
$4,478
-9%
$390,400
—
2021
$4,906
16%
$390,400
-3%
2020
$4,245
7%
$402,500
45%
2018
$3,979
—
$277,100
10%
2018
$3,979
707%
$251,900
20%
2017
$493
-4%
$209,900
8%
2016
$515
-50%
$194,400
-8%
2014
$1,032
—
$211,300
—
2014
$1,032
—
$211,000
—
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.

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Listed by Danny Altizer | Real Broker LLC | (855) 450-0442

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1501 Tacoma Avenue S #312, Tacoma, WA 98402 (MLS# 2531969) is a Condo property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 1501 Tacoma Avenue S #312 is currently listed for $489,995 and was received on May 29, 2026. Want to learn more about 1501 Tacoma Avenue S #312? Do you have questions about finding other Condo 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.

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