For Sale261d on market
3510 S 40th Street #1-3
Tacoma, WA, 98409 • South Tacoma • Pierce County
$574,950
$348/sqft
Down payment assistance available
3Beds
3Baths
1,650Sqft
0.11 acLot
1988Built
Property DNA
Territorial Views
Territorial
Tri-plex Style
Built 1988 · 38 years of history
South Tacoma
South Tacoma
This home is getting attention
Listed 261 days ago · 708 views · 46 saves
Market activity
Demand and pricing signals for this listing
708 views
People checking out this listing
46 saves
Buyers have saved this home
261 days on market
Established listing
$348/sqft
Price per square foot
About this home
Multi Family · Built 1988
Fully Updated TRIPLEX near the bustling art/music/restaurant hot-spot of South Tacoma Way! This Multifamily Investment Opportunity provides the rare chance for new investors to enter the market with a house hacking opportunity. Unit C is currently vacant and ready for move in today! Adjacent units are occupied with leases at current market rent prices!! Each unit is 550 sq ft, 1 bedroom, 1 bathroom complete with Luxury Vinyl Plank! Kitchen features updated appliances, shaker cabinets and modern lighting. Vaulted ceilings create open and bright space. Dedicated Washer/Dryer in each unit + private 550 sqft garage! Walk to public transportation, parks, grocery and much more! This one is a no-brainer. Go get it!
Estimated monthly payment
Based on current rates
$3,578/month
Principal & Interest$2,811
Property Tax$575
Insurance$192
Down payment20% ($114,990)
3%50%
Est. 6.18% rate · 30yr fixed · $459,960 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1988
HeatingWall Unit(s), Electric
CoolingNone
Parking3 Covered Parking spaces
Days on Zillow261 Days
Price/sqft$348
Property
Home typeMulti Family
Sub-typeMulti Family
StyleTri-plex
ConditionGood
Year built1988
Systems
HeatingWall Unit(s), Electric
CoolingNone
RoofComposition
ConstructionWood Products
Water / SewerPublic, Company: TPU / Sewer Connected, Company: TPU
Parking & Outdoor
ParkingGarage, Open
Garage3 spaces
Lot4,870 sqft
Location & Tax
NeighborhoodSouth Tacoma
Annual tax$5,482
Parcel2890000512
Features & details
7 categories of property features
Interior Features
Flooring
Vinyl Plank
Heating
Wall Unit(s)
Electric
Cooling
None
Exterior Features
Parking
Garage
Open
Construction
Wood Products
Lot Features
Curbs
Paved
Sidewalk
High Speed Internet
Views
Territorial
Listing insights
Market data and value estimates
StatusFor Sale
Days on market261
Est. rent$2,444/mo
Tax rate0.88%
Price/sqft$348
On marketJan 8, 2026
PostedJul 19, 2025
Last sold$375,000
MLS statusContingent
MLS updatedFeb 5, 2026
Tour days6
Views708
Favorites46
How are the schools in Tacoma?
3 schools rated nearby
Location
Tacoma, WA, 98409
Price history
8 events
DateEventPrice$/sqftSource
Feb 5, 2026Listed For Sale$574,950$348NWMLS as distributed by MLS GRID
Aug 15, 2025Pending Sale$574,950$348NWMLS as distributed by MLS GRID
Jul 19, 2025Listed For Sale$574,950$348NWMLS as distributed by MLS GRID
Jul 21, 2021Sold$375,000$227Public Record
Aug 21, 2009Sold$143,400$87Public Record
Jun 5, 2009Sold$175,000$106Public Record
Aug 2, 2007Sold$236,000$143Public Record
Aug 31, 2005Sold$374,500$227Public Record
Listed For Sale$574,950
Feb 5, 2026•$348/sqft•NWMLS as distributed by MLS GRID
Pending Sale$574,950
Aug 15, 2025•$348/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$574,950
Jul 19, 2025•$348/sqft•NWMLS as distributed by MLS GRID
Sold$375,000
Jul 21, 2021•$227/sqft•Public Record
Sold$143,400
Aug 21, 2009•$87/sqft•Public Record
Sold$175,000
Jun 5, 2009•$106/sqft•Public Record
Sold$236,000
Aug 2, 2007•$143/sqft•Public Record
Sold$374,500
Aug 31, 2005•$227/sqft•Public Record
Tax history
16 years of records
YearTax paidAssessed value
Apr 7, 2024$5,482$503,600
Apr 7, 2023$5,172$464,600
Apr 7, 2022$4,785$460,700
Apr 7, 2021$3,979$346,800
Apr 7, 2019$3,107$258,400
Apr 7, 2018$2,816$238,900
Apr 7, 2017$2,538$178,100
Apr 7, 2016$2,083$138,400
Apr 7, 2014$2,083$119,700
Apr 7, 2013$2,015$101,400
Apr 7, 2012—$114,700
Apr 7, 2011—$127,900
Apr 7, 2010—$141,500
Apr 7, 2002$3,697$214,700
Apr 7, 2001$3,556$215,900
Apr 7, 2000$3,556$202,700
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 08:23:26 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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