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$602,000

  • Sold
  • Closed
  • Single Family
  • 7 Beds
  • 3 Full Baths
  • 2,970 Sq. Ft.
  • Updated 7 days ago

Listed by Marianna N Mikshanskiy | John L. Scott, Inc. | (425) 454-2437 and Vitaliy V Mikshanskiy | John L. Scott, Inc. | (425) 454-2437
Sold by Lisa L. Song | RSVP Brokers ERA

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Beautifully updated split-level home offering a rare and flexible living opportunity! This is a single-family residence (not a multifamily property) currently configured with 3 separate living areas, making it ideal for owner-occupants, investors, nurses, or long/short-term rental potential. Excellent opportunity to live in one unit while generating income from the others. Conveniently located near PLU, shopping, dining, and easy freeway access. Property features exterior updates including newer Hardi-panel siding, newer windows, doors, plumbing fixtures, and electrical fixtures. Fully fenced with ample parking and an outbuilding for additional storage. No HOAUnit A (upper/front) offers 3 bedrooms, 1 bath, spacious living room, laminate flooring, electric fireplace, LED lighting, large kitchen, metal railings, laundry room, and all appliances including washer/dryer. Occupied with lease through Feb 2027 at $2,300/month.Unit B (lower/front) is vacant and recently renovated with 2 bedrooms, 1 bath, living room, electric fireplace, updated kitchen and bath, new windows, mini-split A/C, washer/dryer, and all appliances. Estimated rent $2,300/month.Unit C (side/back entrance) features kitchen, dining area, 1 main-level bedroom, upper-level bedroom and bath, laundry room, and great overall condition. Occupied month-to-month at $1,800/month. Showing of occupied units after mutual acceptance.

Full Property Details for 1516 Lafayette St S

General

  • Sold For: $602,000
  • Taxes: $6,715 (2026)
  • Status: Closed
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2528587
  • Added to Site: 53 day(s) ago

Interior

  • Interior Features: Second Kitchen, Second Primary Bedroom, Dining Room, Fireplace
  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Electric
  • Appliances: Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Flooring: Laminate

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper - Full Baths: 2
  • Lower - Full Baths: 1

Bedrooms

  • Total Bedrooms: 7
  • Bedrooms Upper: 5
  • Bedrooms Lower: 2

Additional Information

  • Amenities: Fenced-Fully, High Speed Internet, Outbuildings, RV Parking
  • Security/Safety: Fully Fenced

Parking

  • Parking Features: Driveway, Off Street, RV Parking

Location

  • Area: 63 - Parkland
  • County: Pierce
  • Subdivision: Parkland
  • Driving Directions: From Hwy 512, Steele St exit, S on Steele, Left on 112th St S, R on Ainsworth, L on Lafaytte.

School Information

  • High School District: Franklin Pierce
  • Elementary School: James Sales Elem
  • Middle School: Perry G Keithley Mid
  • High School: Wash High

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ductless
  • Heating Type: Ductless, Wall Furnace

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: House
  • Exterior Const.: Cement Planked
  • Foundation: Poured Concrete
  • Roof: Composition
  • Entry Location: Main
  • Square Feet: 2,970
  • Finished Total: 2,970 Sq. Ft.
  • Year Built: 1978
  • Property Condition: Updated/Remodeled

Lot Features

  • Lot Size (Acres): 0.1722
  • Lot Size (Sq. Ft.): 7,500
  • Lot Size Source: County Records
  • Lot Features: Dead End Street, Paved

Financial Considerations

  • Tax Amount: $6,715.33
  • Tax Year: 2026
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Property ID: 9265004571

Listed by Marianna N Mikshanskiy | John L. Scott, Inc. | (425) 454-2437 and Vitaliy V Mikshanskiy | John L. Scott, Inc. | (425) 454-2437
Sold by Lisa L. Song | RSVP Brokers ERA

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1516 Lafayette St S

School District:Franklin Pierce School District
NameGradesDistance
James Sales Elementary School
1301 113th Street South, Tacoma, WA 98444
K-50.2 mi
Perry G Keithley Middle School
12324 12th Avenue South, Tacoma, WA 98444
6-80.7 mi
Washington High School
12420 Ainsworth Avenue South, Tacoma, WA 98444
9-120.8 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 1516 Lafayette St S

Date
Details
Price
Change
Source
7/06/2026
Sold
$602,000
-3.67%
MLS
5/22/2026
Listed
$624,950
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Marianna N Mikshanskiy | John L. Scott, Inc. | (425) 454-2437 and Vitaliy V Mikshanskiy | John L. Scott, Inc. | (425) 454-2437
Sold by Lisa L. Song | RSVP Brokers ERA

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1516 Lafayette Street S, Tacoma, WA 98444 (MLS# 2528587) is a Single Family property that was sold at $602,000 on July 06, 2026. Want to learn more about 1516 Lafayette Street S? Do you have questions about finding other Single Family real estate for sale in Tacoma? You can browse all Tacoma real estate or contact a Coldwell Banker agent to request more information.