James & Angie Smith

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Listing provided courtesy of Keller Williams EastsideNWMLSas Distributed by MLSGrid- MLS# NWM2491788MLS Provider

3112 S Melrose StreetTacoma, WA 98405

Single Family · 2 Beds · 1 Full Bath · 1,550 Sq. ft. | 0.17 Acres
$550,000 Active

3112 S Melrose Street Overview

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***Be sure to ask about our LENDER-PAID 1-0 BUYDOWN option! Enjoy an INTEREST RATE THAT IS 1% LOWER DURING YOUR FIRST YEAR.*** Tacoma Development Opportunity – Build 3 Townhomes + Existing Home - UR-1 zoned Tacoma property offering excellent infill development potential.$450K each Total resale: ~$1.35M - Owner occupy or rent while rent this Charming existing 2 bed 1 bath with 1550 square ft bright living spaces, spacious kitchen, and flexible bonus room. Favorable setbacks and lot configuration may allow up to three additional townhomes while keeping the existing home (buyer to verify). Ideal opportunity for investors, builders, or homeowners seeking long-term upside in a growing Tacoma neighborhood. Builder available @ $240 sqft and Using Weddermann Architecture, PLLC for planning and architecture

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3112 S Melrose Street Facts & Features

  • Type Single Family
  • Sq. ft. 1,550
  • Price/Sq.ft. $355
  • Lot 0.17 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Tacoma
  • Elementary School: Franklin
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify

Building Information

  • New Construction: No
  • Year Built: 1925

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 26 - Central Tacoma
  • Subdivision Name: Central Tacoma

Rent/Lease Information

  • Land Lease: No

Tax Information

  • Tax Annual Amount: $4,203.00
  • Tax Year: 2025

General Information

  • Listing Terms: Cash, Conventional, See Remarks, VA Loan
  • Parcel Number: 0320063097
  • Property Condition: Good
  • 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: 1
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 2

Building Interior

  • Building Area Total: 1550
  • Building Area Units: Square Feet
  • Calculated Square Footage: 1550
  • Square Footage Finished: 1550

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Foundation Details: Block
  • Heating: Yes
  • Levels: One and One Half
  • Living Area: 1550
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Power Production Type: Electric

Exterior

Parking Information

  • Open Parking: No
  • Parking Features: Detached Carport
  • Parking Total: 4
  • Parking Uncovered Total: 3

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 0.1653
  • Lot Size Dimensions: 63'X 120
  • Lot Size Square Feet: 7200
  • Lot Size Units: Square Feet
  • Topography: Level
  • 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 Spaces: 1
  • Carport: Yes
  • Covered Spaces: 1
  • Exterior Features: Metal/Vinyl
  • Sewer: Sewer Connected

Room Information

Room: Bathroom Full

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Kitchen With Eating Space

  • Level: Main

Room: Living Room

  • Level: Main

Room: Bonus Room

  • Level: Second

3112 S Melrose Street Neighborhood

Community

98405 (Tacoma) Demographics

37
Median Age
5,709
Population Density (per sq. mile)
42%
College Educated
$60,255
Estimated Median Income
4,740
Estimated Total Home Owners
5,142
Estimated Total Renters
48% / 52%
Estimated Owner / Renter Divide
2
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.

3112 S Melrose Street 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.

3112 S Melrose Street Market Data

Based on the last 30 days in this zip code

$485,245
Average List Price
$282
Average Price per Square Foot
25
Properties Sold
64
Average Days on Market
77
Properties for Sale
Calculations provided by Reliance Network

3112 S Melrose Street History

Date Event Value Agent
4/6/2026Source: NWMLS Status Change
Active
3/19/2026Source: NWMLS Status Change
Pending Feasibility
3/12/2026Source: NWMLS Added to Database
March 12, 2026