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$499,500 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,274 Sq. Ft.
  • Updated 2 days ago

Listed by Ly Tran | Tran Property Group | (206) 383-0697 and Kevin Francis | Tran Property Group | (206) 383-0697

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Investor & developer opportunity in Tacoma! Welcome to 4609 S Thompson Ave, a property with strong potential for buyers looking to maximize value. The existing main home offers the opportunity to generate rental income while exploring future development options on the lot. With the possibility of adding 4-6 additional units, this property is ideal for investors, builders, or developers looking for a strategic project in an established Tacoma neighborhood. Conveniently located near local amenities, schools, parks, transit, and major commuter routes, this property offers both current income potential and long-term upside. Rent the main home while you work through permitting and development plans. Buyer to verify all zoning, feasibility, utility capacity, permitting, and development potential to their satisfaction. (UR3 Zone)

Full Property Details for 4609 S Thompson Ave

General

  • Price: $499,500
  • Taxes: $6,147 (2026)
  • Status: Active
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2527375
  • Updated: 5/21/2026
  • Added to Site: 3 day(s) ago

Interior

  • Interior Features: Fireplace
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Electric
  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Flooring: Vinyl Plank

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 4
  • Bedrooms Main: 4

Parking

  • Parking Features: Driveway

Location

  • Area: 45 - South Tacoma
  • County: Pierce
  • Subdivision: South Tacoma
  • Driving Directions: Off 38th St E exit: Turn right on Thompson from 38th St.

School Information

  • High School District: Tacoma

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Fireplace Insert

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: House
  • Exterior Const.: Wood
  • Basement Desc.: None
  • Foundation: Poured Concrete
  • Roof: Composition
  • Square Feet: 1,274
  • Finished Total: 1,274 Sq. Ft.
  • Year Built: 1925

Lot Features

  • Lot Size (Acres): 0.1492
  • Lot Size (Sq. Ft.): 6,500
  • Lot Size Source: pc

Financial Considerations

  • Tax Amount: $6,147.67
  • Tax Year: 2026
  • Terms: Cash, Conventional, FHA, Rehab Loan

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Property ID: 8935028480

Listed by Ly Tran | Tran Property Group | (206) 383-0697 and Kevin Francis | Tran Property Group | (206) 383-0697

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NMLS#: 1598647

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

Schools serving 4609 S Thompson Ave

School District:Tacoma Public Schools
NameGradesDistance
Whitman Elementary School, Tacoma, WA
1120 South 39th Street, Tacoma, WA 98418
PK-50.5 mi
Angelo Giaudrone Middle School
4902 South Alaska Street, Tacoma, WA 98408
6-80.8 mi
Lincoln High School, Tacoma, WA
701 South 37th Street, Tacoma, WA 98418
9-120.7 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 4609 S Thompson Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/21/2026
Listed
$499,500
56.09%
MLS
1/18/2024
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 4609 S Thompson Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,856
—
$381,700
10%
2024
$3,856
—
$346,100
-7%
2023
$3,874
9%
$372,800
20%
2022
$3,556
10%
$309,800
21%
2021
$3,226
—
$256,400
8%
2020
$3,227
12%
$237,700
16%
2018
$2,892
—
$205,000
12%
2018
$2,892
16%
$182,900
19%
2017
$2,488
10%
$154,300
15%
2016
$2,261
12%
$133,900
6%
2014
$2,014
—
$125,900
8%
2014
$2,014
—
$116,900
—
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 Ly Tran | Tran Property Group | (206) 383-0697 and Kevin Francis | Tran Property Group | (206) 383-0697

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4609 S Thompson Avenue, Tacoma, WA 98408 (MLS# 2527375) is a Single Family property with 4 bedrooms, 1 full bathroom and 1 partial bathroom. 4609 S Thompson Avenue is currently listed for $499,500 and was received on May 21, 2026. Want to learn more about 4609 S Thompson Avenue? Do you have questions about finding other Single 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.

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