1 of 35

Want to see this property?

Listing courtesy of NWMLS / Keller Williams Rty Tacoma

5435 S M Street

Tacoma, WA 98408

– beds
– baths
7,875 sqft
6,375 sqft lot
$151 per sqft
1986 build

Undeniably one of the best investments out there, this Mixed use two story building is perfect for owner occupant, investor or non profit. Shy 8000 sq feet of space on two levels, 5 apartment units upstairs and mainfloor has 90% office and one additional apartment is on main floor for ADA or special needs. included in building sale are (2) 1-car garage spaces off the alleyway and a lease with T-Mobile for a cell tower as well. Multiple streams of income and opportunities with this one. Partially upgraded in the office area, and updated apartments throughout the years this building is virtually turn key and ready to occupy.

Listing courtesy of NWMLS / Keller Williams Rty Tacoma

Last checked: Checking… • Last updated Mar 7, 2025 •

MLS# 2335804 —

The Building

Year Built:

1946
Year Built:

1986
Year Built Source:

Public Records
New Construction:

false
Building Name:

South Tacoma
Structure Type:

Multi Family
Roof:

Torch Down
Foundation Details:

Poured Concrete
Exterior Features:

Cement/Concrete, Stone, Wood, Wood Products
Units In Building Total:

7
# of Units Total:

6
Stories Total:

2
Building Area Total:

7875
Building Area Units:

Square Feet
Calculated SqFt:

7875
SqFt Source:

Realist

Interior

Interior Features:

Laminate Hardwood, Wall to Wall Carpet
Flooring:

Laminate, Vinyl, Carpet
Fireplace:

false

Financial & Terms

Possession:

Closing

Location

Latitude:

47.206911
Longitude:

-122.450665
Directions:

From S 56th St, turn onto South M St, property is on the right

The Property

Property Type:

Residential Income
Property Subtype:

Multi-Family
Property Condition:

Very Good
Parcel Number:

7785006860
Lot Features:

Paved, Sidewalk
Lot Size Units:

Square Feet
Lot Size Acres:

0.1463
Lot Size SqFt:

6375
Lot Size Source:

Realist
Zoning Description:

Commercial,Multi-Family,Office,See Remarks
Zoning Class:

Commercial,Multi-Family,Office,See Remarks
Zoning Jurisdiction:

City
View:

Territorial
View:

true
Waterfront:

false
Irrigation Water Rights:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

6000

The Listing

Special Listing Conditions:

None

Heating & Cooling

Cooling:

true
Heating:

true
Cooling:

Forced Air
Heating:

Forced Air, Wall Unit(s)

Utilities

Water Company:

Tpu
Water Source:

Public
Sewer:

Sewer Connected
Sewer Company:

Tpu
Power Company:

Tpu
Cable Connected:

Comcast

Schools

Elementary School:

Buyer To Verify
Middle Or Junior School:

Buyer To Verify
High School:

Buyer To Verify
High School District:

Tacoma

The Community

Subdivision Name:

South Tacoma
Senior Community:

false
Association:

false

Parking

Parking Total:

6
Parking Uncovered Spaces:

4
Open Parking:

true
Open Parking Spaces:

4
Carport:

false
Covered Spaces:

2

Listing courtesy of NWMLS / Keller Williams Rty Tacoma

This "Three Trees" icon indicates a listing provided courtesy of NWMLS. Based on information submitted to the MLS GRID as of Fri Mar 14 2025 09:34 AM. 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.

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/5/25 Mar 5, 2025	Listed / Active	NWMLS	$1,195,000

Want a closer look?

Go see 5435 S M Street

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Tacoma, WA

Similar sold homes

This multifamily located in South End, Tacoma, WA 98408 is currently for sale for $1,195,000. 5435 S M Street is a 7,875 square foot multifamily with – beds and – baths. 5435 S M Street is in the South End neighborhood of Tacoma and has a WalkScore® of 64, making it somewhat walkable.

Listing courtesy of NWMLS / Keller Williams Rty Tacoma

Disclaimer: The information contained in this listing has not been verified by Keller Williams Rty Tacoma and should be verified by the buyer.