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Listing provided courtesy of John L. Scott, Inc.NWMLSas Distributed by MLSGrid- MLS# NWM2528587MLS Provider

1516 Lafayette Street STacoma, WA 98444

Single Family · 7 Beds · 3 Full Baths · 2,970 Sq. ft. | 0.17 Acres
$624,950 Pending

1516 Lafayette Street S Overview

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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.

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1516 Lafayette Street S Facts & Features

  • Type Single Family
  • Sq. ft. 2,970
  • Price/Sq.ft. $210
  • Lot 0.17 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

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

Building Information

  • New Construction: No
  • Year Built: 1978

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 63 - Parkland
  • Subdivision Name: Parkland

Rent/Lease Information

  • Land Lease: No

Tax Information

  • Tax Annual Amount: $6,715.33
  • Tax Year: 2026

General Information

  • Inclusions: Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Listing Terms: Cash, Conventional, FHA, VA Loan
  • Parcel Number: 9265004571
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Building Information

  • Building Information: Built On Lot

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 7
  • Bedrooms Lower: 2
  • Bedrooms Upper: 5

Building Interior

  • Appliances Included: Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Building Area Total: 2970
  • Building Area Units: Square Feet
  • Calculated Square Footage: 2970
  • Square Footage Finished: 2970
  • Square Footage Unfinished: 0

General Information

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove(s)/Range(s), Washer
  • Cooling: Yes
  • Entry Location: Main
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Fireplaces Total: 2
  • Flooring: Laminate
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Interior Features: Second Kitchen, Second Primary Bedroom, Dining Room, Fireplace
  • Levels: Multi/Split
  • Living Area: 2970
  • Main Level Bathrooms: 0
  • Main Level Bedrooms: 0
  • Power Production Type: Electric
  • Security Features: Fully Fenced

Exterior

Parking Information

  • Open Parking: No
  • Parking Features: Driveway, Off Street, RV Parking
  • Parking Total: 0

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Dead End Street, Paved
  • Lot Size Acres: 0.1722
  • Lot Size Square Feet: 7500
  • Lot Size Units: Square Feet
  • Site Features: Fenced-Fully, High Speed Internet, Outbuildings, RV Parking
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Roof: Composition
  • Structure Type: House

General Information

  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Cement Planked
  • Sewer: Sewer Connected

Room Information

Room: Bathroom Full

  • Level: Lower

Room: Bedroom

  • Level: Lower

Room: Bedroom

  • Level: Lower

Room: Kitchen With Eating Space

  • Level: Lower

Room: Kitchen Without Eating Space

  • Level: Lower

Room: Living Room

  • Level: Lower

Room: Utility Room

  • Level: Lower

Room: Entry Hall

  • Level: Main

Room: Bathroom Full

  • Level: Second

Room: Bathroom Full

  • Level: Second

Room: Bedroom

  • Level: Second

Room: Bedroom

  • Level: Second

Room: Bedroom

  • Level: Second

Room: Bedroom

  • Level: Second

Room: Bedroom

  • Level: Second

Room: Kitchen With Eating Space

  • Level: Second

Room: Living Room

  • Level: Second

Room: Utility Room

  • Level: Second

Room: Utility Room

  • Level: Second

1516 Lafayette Street S Neighborhood

Community

98444 (TACOMA) Demographics

34
Median Age
5,260
Population Density (per sq. mile)
26%
College Educated
$52,589
Estimated Median Income
5,528
Estimated Total Home Owners
7,483
Estimated Total Renters
42% / 58%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1516 Lafayette Street S Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1516 Lafayette Street S Market Data

Based on the last 30 days in this zip code

$484,931
Average List Price
$319
Average Price per Square Foot
21
Properties Sold
67
Average Days on Market
103
Properties for Sale
Calculations provided by Reliance Network

1516 Lafayette Street S History

Date Event Value Agent
6/13/2026Source: NWMLS Status Change
Pending
6/1/2026Source: NWMLS Status Change
Pending Inspection
5/22/2026Source: NWMLS Added to Database
May 22, 2026
6/20/2022Source: NWMLS Added to Database
June 01, 2021
6/20/2022Source: NWMLS Added to Database
June 01, 2021