James & Angie Smith

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Listing provided courtesy of Realogics Sotheby's Int'l RltyNWMLSas Distributed by MLSGrid- MLS# NWM2496836MLS Provider

3812 S Thompson AvenueTacoma, WA 98418

Multi-Family · 7 Beds · 2,800 Sq. ft. | 0.16 Acres
$615,000 Active

3812 S Thompson Avenue Overview

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Two units in one! Main house is 4 bedrooms/ 2 baths at 1816 square feet. Second building behind house is 3 bedroom/1 bath at 1100 square feet. Both buildings currently are rented, but would be a great property to live in one and rent the second one! Well maintained and recently updated. Location is great for the commuter and/or JBLM. Buildings have had 100% occupancy.

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3812 S Thompson Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,800
  • Price/Sq.ft. $220
  • Lot 0.16 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Tacoma

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 45240
  • Insurance Expense: 2832
  • Net Operating Income: 30899
  • Total Expenses: 14341
  • Total Monthly Income: 3770
  • Water/Sewer/Garbage: 5316

Building Information

  • New Construction: No
  • Year Built: 1918

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 51 - South Tacoma
  • Subdivision Name: South Tacoma

Tax Information

  • Tax Annual Amount: $6,193.00
  • Tax Year: 2025

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 8935018050
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 1

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 2800
  • Building Area Units: Square Feet
  • Calculated Square Footage: 2800
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: Yes
  • Fireplace: No
  • Fireplaces Total: 0
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Leasable Area: 2916
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 5
  • Parking Uncovered Total: 4

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 0.1612
  • Lot Size Square Feet: 7020
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Duplex

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 1
  • Exterior Features: Wood
  • Number Of Units Total: 2
  • Sewer: Sewer Connected

Unit Information

Unit 1 Details

  • Actual Rent: 1375
  • Beds Total: 3
  • Baths Total: 1

Unit 2 Details

  • Actual Rent: 2395
  • Beds Total: 4
  • Baths Total: 2

3812 S Thompson Avenue Neighborhood

Community

98418 (Tacoma) Demographics

39
Median Age
5,729
Population Density (per sq. mile)
30%
College Educated
$60,649
Estimated Median Income
2,542
Estimated Total Home Owners
1,505
Estimated Total Renters
63% / 37%
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.

3812 S Thompson Avenue 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.

3812 S Thompson Avenue Market Data

Based on the last 30 days in this zip code

$447,626
Average List Price
$270
Average Price per Square Foot
10
Properties Sold
49
Average Days on Market
30
Properties for Sale
Calculations provided by Reliance Network

3812 S Thompson Avenue History

Date Event Value Agent
4/24/2026Source: NWMLS Price Reduction
$615,000 -5.4%
3/31/2026Source: NWMLS Added to Database
March 31, 2026