Available
$159,997(ARV: $575,000)28% of ARV

Pierce County, Tacoma, WA 98444

3 bd2 ba1,914 sfBuilt 1978

6 days ago

Gross spread$415,003

Description

This definitely isn't your typical lipstick paint-and-carpet flip...bring more than a paint brush on this one. At this price point, it's hard to go wrong. See pictures & video. Located near Tule Lake off Spanaway Loop Rd, this 1978 split-level offers 3 bedrooms, 2.5 baths, and 1,914 sq ft on a fully fenced 7,500 sq ft lot in a great South Tacoma neighborhood. The home suffered a significant fire and will require a full gut renovation, including a new roof, but it's more salvageable than it first appears. The curb appeal is there, the footprint is solid, and the neighborhood supports the effort. This isn't a project for a first-time flipper—it's for the investor or contractor who knows how to see past the damage. Bring your crew, your vision, and don't be afraid to start from the studs. The end result has the potential to be an incredible transformation, and this is exactly the kind of project that separates experienced investors from everyone else. Comps; 1102 Tule Lake Rd S, Tacoma Sold for 517k (crappy rehab) 1316 129th St S, Tacoma Sold for 540k 1316 136th St Ct S, Tacoma Sold for 535k (dated, no rehab) 1015 141st St S, Tacoma Sold for 548k (dated) 422 142nd St Ct S, Tacoma Sold for 553k (smaller, dated) 14321 Duryea Ln S, Parkland Sold for 635k Newer houses are selling for 625k - 700k in the area Contact: Robb Thornton | Disposition Mgr | Legacy Offer [contact details hidden]

Verified — contract control only

The originating marketplace confirmed that the seller holds an executed purchase contract on this property. That is the whole of what it attests. It is not a check of the asking price, the condition, the repair estimate, the after-repair value or whether the deal is profitable. A deal without this badge is not unsafe — most have simply never been checked.

$/sqft vs market

This deal$84/sqft
Market median$386/sqft
Difference78% below

Median of 42 comparable listings matched on city + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms3
Bathrooms2
Square feet1,914
Lot size7,500 sf
Year built1978
ConditionFull Rehab
OccupancyVacant
ParkingAttached Garage

Systems & condition

Roof age11-20 yrs
HeatingFurnace · 11-20 yrs
Air conditioningNone
FoundationFull basement
Foundation conditionGood

Self-reported by the seller. Not inspected.

Seller

CompanyWithheld
Disposition repWithheld
Documents on file0
Views on the source listing568
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