Listing provided courtesy of Windermere Real Estate/M2, LLCNWMLSMLS# NWM2533382MLS Provider
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Investor Special with Major Improvements Already Completed! This South Tacoma property offers a rare opportunity to finish a renovation that is already well underway. Many of the most expensive and time-consuming upgrades have been completed, including a repaired foundation, brand-new roof, new electrical rough-in wiring, updated plumbing, and new luxury vinyl flooring throughout. The floor plan has been enhanced with plumbing added for a second full bathroom, creating a highly desirable 2-bedroom, 2-bathroom layout. With substantial infrastructure work already completed, the next owner can focus on finishing touches and customization while avoiding many of the costs typically associated with major renovations. Situated on a generous lot with a spacious backyard, the property also features a detached garage and ample parking and storage space. The large outdoor area offers room for gardening, entertaining, or future improvements. Conveniently located near shopping, dining, schools, parks, and major commuter routes, this property combines location, value, and upside potential. Whether you're an investor, flipper, contractor, or buyer looking to build equity, this is an outstanding opportunity to complete the transformation and create a beautiful modern home. Sold as-is. Bring your vision and unlock the full potential of this Tacoma gem!

Source: NWMLS, MLS#: NWM2533382

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  • Property Type
    Residential
  • Lot
    0.13 acres

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  • Median Age
    37
  • Population Density
    6,035
  • College Educated
    32%
  • Estimated Median Income
    $58,961
  • Estimated Total Home Owners
    4,817
  • Estimated Total Renters
    3,163
  • Owner / Renter Divide
    60% / 40%
  • Estimated Average Household Size
    3
  • Total Population
    20,670
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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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.

Life at 4840 J Street S


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/26/2026Source: NWMLS Status Change
Pending
6/25/2026Source: NWMLS Status Change
Active
6/4/2026Source: NWMLS Status Change
Pending
6/2/2026Source: NWMLS Added to Database
June 02, 2026