Available
$235,000(ARV: $550,000)43% of ARV

Pierce County, Tacoma, WA 98409

3 bd1 ba1,224 sfBuilt 1923

4 days ago

Gross spread$315,000

Description

Overview Location: Tacoma, WA — Pierce County Asking Price: $235,000 Estimated ARV: $550,000 Property Type: Single-Family Residence Bedrooms: 3 Bathrooms: 1 Living Area: 1,224 Sq Ft Lot Size: 8,700 Sq Ft Year Built: 1923 Occupancy: Vacant "NO TRESPASS" Highlights Attractive value-add opportunity in Tacoma. Estimated $550K after-repair value against a $275K asking price. Large 8,700 sq ft lot. Classic 1923 rambler with potential for renovation and resale. Property marketed with 360° mountain views. Vacant property. Sight-unseen offers are welcome. Seller is open to offers. Repairs Renovation scope and repair costs have not been provided. Buyers should conduct their own inspections and verify the property's condition. Confirm the required renovation budget before submitting an offer. Comparable Estimated ARV: $550,000 Asking Price: $235,000 Potential Gross Spread: $295,000 The asking price is approximately 50% of the estimated ARV. ARV and potential spread are preliminary figures, not guaranteed investment returns. Renovation costs, closing costs, holding costs, financing, resale expenses, and other transaction costs must be considered. Independent comparable sales analysis is recommended. Access Property is reported vacant. Access must be scheduled and authorized in advance. Do not enter the property without permission. Sight-unseen offers are welcome. Contact Omar/Michelle at [contact details hidden] to coordinate access and discuss offers. Important All property information, dimensions, pricing, and ARV are subject to buyer verification. Buyers must perform their own due diligence. No trespassing. Scheduled access only.

$/sqft vs market

This deal$192/sqft
Market median$379/sqft
Difference−49% below

Median of 45 comparable listings matched on city + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms3
Bathrooms1
Square feet1,224
Lot size8,700 sf
Year built1923
ConditionMajor Repair
OccupancyVacant
ParkingAssigned

Systems & condition

HeatingOther
Air conditioningNone
FoundationOther

Self-reported by the seller. Not inspected.

Property information

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