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Listing courtesy of NWMLS / PropertiesNW of Gig Harbor Ltd

2523 S Melrose Street

Tacoma, WA 98405

Name: Open House: 12pm-3pm
Start: 2025-02-22T12:00:00
End: 2025-02-22T15:00:00
Location: 2523 S Melrose Street

3 beds
2 baths
1,908 sqft
6,000 sqft lot
$340 per sqft
1985 build

TWO FOR ONE! Don't miss this incredible opportunity for a beautifully updated main home and BRAND NEW DADU! Live in one and rent the other for additional cashflow OR maximize your investment by renting both! The fully renovated main home (3 bed, 1.75 bath, 1260 sq ft) boasts a new kitchen with butcherblock counter tops, updated bathrooms, a fully fenced, private yard, spacious deck, and year-round comfort with natural gas forced air and central AC. The new ADU (1 bed, 1 bath, 648 sq ft) feels spacious and private with an efficient, thoughtful floorplan, high-end kitchen with tons of storage, and efficient heating and cooling with a ductless mini-split. A smart, versatile investment with modern amenities and prime location - don’t miss out!

Listing courtesy of NWMLS / PropertiesNW of Gig Harbor Ltd

Last checked: Checking… • Last updated Feb 20, 2025 •

MLS# 2333338 —

Upcoming Open Houses

Saturday, 2/22
12pm-3pm

View more open houses in Tacoma, WA

The Building

Year Built:

1906
Year Built:

1985
Year Built Source:

Public Records
New Construction:

true
New Construction:

Completed
Estimated Completion Date:

2025-02-14
Building Information:

Built On Lot
Structure Type:

House
Exterior Features:

Cement Planked, Wood Products
Roof:

Composition
Entry Location:

Main
Basement:

None
Foundation Details:

Block, Slab
Levels:

One
Building Area Total:

1260
Building Area Units:

Square Feet
Calculated SqFt:

1908
SqFt Source:

Realist

Interior

Interior Features:

Water Heater
Living Area:

1260
Fireplace:

false
Finished SqFt:

1260

Financial & Terms

Possession:

Closing

Location

Latitude:

47.247677
Longitude:

-122.470142
Directions:

From I-5, take exit 132B onto SR-16. Exit right onto Sprague Ave. Turn left onto S 15th St. Turn right onto S Prospect St. Turn left on Melrose Street. House on right.

The Property

Property Type:

Residential
Property Subtype:

Residential
Property Condition:

Good
Parcel Number:

6550200400
Lot Features:

Alley, Corner Lot, Sidewalk
Lot Size Units:

Square Feet
Lot Size Acres:

0.1377
Lot Size SqFt:

6000
Lot Size Source:

Realist
Zoning Jurisdiction:

City
Land Lease:

false
View:

false
Waterfront:

false
Topography:

Level
Irrigation Water Rights:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

5184

Beds

Bedrooms Total:

3
Bedrooms Possible:

3
Main Level Bedrooms:

3

Baths

Total Baths:

2
Baths:

1.75
Full Baths:

1
Three Quarter Baths:

1
Main Full Baths:

1
Main Level Bathrooms:

2
Main level Three Quarter Bath:

1
# of Bathtubs:

1

The Listing

Special Listing Conditions:

None
Virtual Tour Unbranded:

Virtual Tour
Virtual Tour Unbranded:

Virtual Tour
Virtual Tour Unbranded:

Virtual Tour
Virtual Tour URL Description:

Main Home Matterport

Heating & Cooling

Cooling:

true
Heating:

true
Cooling:

Central A/C
Heating:

Baseboard, Ductless HP-Mini Split, Forced Air

Utilities

Water Company:

Tpu
Water Heater Location:

Crawl Space
Water Heater Type:

Electric
Water Source:

Public
Sewer:

Sewer Connected
Sewer Company:

Tpu
Power Company:

Tpu
Cable Connected:

Xfinity

Schools

Elementary School:

Franklin
Middle Or Junior School:

Mason
High School:

Foss
High School District:

Tacoma

The Community

Subdivision Name:

Central Tacoma
Senior Community:

false
Bus Line Nearby:

true
Association:

false

Parking

Parking Features:

Driveway, Off Street
Open Parking:

false
Attached Garage:

false
Carport:

false

Extra Units

Detached Dwelling SqFt Finished:

648

Listing courtesy of NWMLS / PropertiesNW of Gig Harbor Ltd

This "Three Trees" icon indicates a listing provided courtesy of NWMLS. Based on information submitted to the MLS GRID as of Fri Feb 21 2025 07:12 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.

Monthly cost estimate

Asking price

$650,000

Expense	Monthly cost
Mortgage	$3,480
Taxes	$432
Insurance	$178
Utilities	$111 See report
Total	$4,201/mo.^*
	^*This is an estimate

Explore the Area

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From

Walk Score®

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Sale history

Date	Event	Source	Price	% Change
2/19/25 Feb 19, 2025	Listed / Active	NWMLS	$650,000	712.5% (50.1% / YR)
12/6/10 Dec 6, 2010		NWMLS	$80,000	-52.9% (-10.7% / YR)
12/19/05 Dec 19, 2005		NWMLS	$170,000

31% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $20k above asking price on average, but some went as high as $115k over asking price.

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This house located in Central Tacoma, Tacoma, WA 98405 is currently for sale for $650,000. 2523 S Melrose Street is a 1,908 square foot house with 3 beds and 2 baths. 2523 S Melrose Street is in the Central Tacoma neighborhood of Tacoma and has a WalkScore® of 70, making it somewhat walkable.

Listing courtesy of NWMLS / PropertiesNW of Gig Harbor Ltd

Disclaimer: The information contained in this listing has not been verified by PropertiesNW of Gig Harbor Ltd and should be verified by the buyer.

2523 S Melrose Street

Tacoma, WA 98405