Sold564d on marketHistoric · 120 yrs
1016 S 48th Street #A/B
Tacoma, WA, 98408 • South End • Pierce County
$505,000
$272/sqft
1,854Sqft
0.19 acLot
1906Built
Property DNA
Character Home
Built 1906 · 120 years of history
South Tacoma
South End
Outdoor Living
Laminate · Wall to Wall Carpet
This home is in high demand
Listed 564 days ago · 5 views · Top 1% likely to sell soon
Market activity
Demand and pricing signals for this listing
5 views
People checking out this listing
564 days on market
Established listing
$272/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 1% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1906 · Historic
Looking for a Great Investment in a Great Location, Close to Mall & Shopping, on a Large Lot with Room to Expand? Live in one Unit and Rent Out the Other. Solid Home / Duplex with the Possibility of an ADU according to City, & the Carriage House May be able to be Turned into an ADU or Convert Back to 2 Car Garage. Entire Property is Fenced, with Plenty of Parking Inside for all. RV Parking. Downstairs Unit has A/C, 2 Beds, Remodeled Bath, Large Kitchen, Dining Room, Living Room, Fireplace, & High Ceilings. Upstairs is a 1 Bedroom, Remodeled Bath, Large Kitchen & Living Room. New Water Heater & Smart Tank, New Lifetime Gutters. Alley Access. Fruit Trees & Grapevines. Limitless Possibilities! Do Not Walk on Property without Appointment.
Standout features identified
Our analysis highlights fruit trees, rv parking, and large kitchen as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,144/month
Principal & Interest$2,470
Property Tax$505
Insurance$168
Down payment20% ($101,000)
3%50%
Est. 6.18% rate · 30yr fixed · $404,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1906
Heating90%+ High Efficiency, Baseboard, Ductless HP-Mini Split, Other – See Remarks, Electric, See Remarks, Wood
Parking3 Open Parking spaces
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1906
Systems
Heating90%+ High Efficiency, Baseboard, Ductless HP-Mini Split, Other – See Remarks, Electric, See Remarks, Wood
RoofComposition
ConstructionWood Siding
Water / SewerPublic, Company: TPU / Sewer Connected, Company: TPU
Parking & Outdoor
ParkingRV Parking
Lot8,189 sqft
Location & Tax
NeighborhoodSouth End
Annual tax$4,471
Parcel7785001080
Features & details
6 categories of property features
Interior Features
Flooring
Laminate
Vinyl
Carpet
Heating
90%+ High Efficiency
Baseboard
Ductless HP-Mini Split
Other – See Remarks
Electric
See Remarks
Wood
Exterior Features
Parking
RV Parking
Construction
Wood Siding
Patio & Porch
Laminate
Wall to Wall Carpet
Lot Features
Corner Lot
Curbs
Dead End Street
Paved
Sidewalk
Fenced-Fully
Outbuildings
RV Parking
Listing insights
Market data and value estimates
StatusSold
Days on market564
Est. value$511,000
Est. rent$2,032/mo
Tax rate0.88%
Price/sqft$272
On marketSep 6, 2024
PostedJul 18, 2024
Last sold$505,000
MLS statusSold
MLS updatedSep 19, 2024
Tour days6
Views5
How are the schools in Tacoma?
3 schools rated nearby
Location
Tacoma, WA, 98408
Price history
4 events
DateEventPrice$/sqftSource
Sep 19, 2024Sold$505,000$272NWMLS as distributed by MLS GRID
Aug 1, 2024Pending Sale$475,000$256NWMLS as distributed by MLS GRID
Jul 18, 2024Listed For Sale$475,000$256NWMLS as distributed by MLS GRID
Mar 17, 2020Sold$305,000$165NWMLS as distributed by MLS GRID
Sold$505,000
Sep 19, 2024•$272/sqft•NWMLS as distributed by MLS GRID
Pending Sale$475,000
Aug 1, 2024•$256/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$475,000
Jul 18, 2024•$256/sqft•NWMLS as distributed by MLS GRID
Sold$305,000
Mar 17, 2020•$165/sqft•NWMLS as distributed by MLS GRID
Tax history
16 years of records
YearTax paidAssessed value
Apr 7, 2024$4,630$425,200
Apr 7, 2023$4,471$401,500
Apr 7, 2022$4,548$437,900
Apr 7, 2021$4,205$366,500
Apr 7, 2019$3,204$282,800
Apr 7, 2018$3,524$246,400
Apr 7, 2017$3,014$223,000
Apr 7, 2016$2,670$163,600
Apr 7, 2014$2,670$153,500
Apr 7, 2013$2,362$141,800
Apr 7, 2012—$134,500
Apr 7, 2011—$158,800
Apr 7, 2010—$183,700
Apr 7, 2002$1,889$111,100
Apr 7, 2001$1,786$110,300
Apr 7, 2000$1,786$101,800
Nearby homes
Neighborhood details
Local context around this listing
Tacoma, WA • Pierce County
Nearby neighborhoods
Browns PointCentralDash PointEastside-ENACTNew TacomaNorth EndNortheast TacomaSouth EndSouth TacomaWest End
Nearby cities
Bonney LakeEnumclawGig HarborGrahamLakewoodParklandPuyallupSpanaway
Nearby zip codes
98403984049840598406984079840898409984189842298444
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Based on information submitted to the MLS GRID as of 2026-04-07 10:28:39 PDT. 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. [Click here for more information](/mls-disclaimers/#39)
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