Investor & developer opportunity in Tacoma! Welcome to 4609 S Thompson Ave, a property with strong potential for buyers looking to maximize value. The existing main home offers the opportunity to generate rental income while exploring future development options on the lot. With the possibility of adding 4-6 additional units, this property is ideal for investors, builders, or developers looking for a strategic project in an established Tacoma neighborhood. Conveniently located near local amenities, schools, parks, transit, and major commuter routes, this property offers both current income potential and long-term upside. Rent the main home while you work through permitting and development plans. Buyer to verify all zoning, feasibility, utility capacity, permitting, and development potential to their satisfaction. (UR3 Zone)
Property Type(s):
Single Family
|
Last Updated
|
5/21/2026
|
Tract
|
South Tacoma
|
|
Year Built
|
1925
|
Community
|
South Tacoma
|
|
County
|
Pierce
|
Additional Details
| AIR |
None |
| APPLIANCES |
Dishwasher, Dryer, Microwave, Refrigerator, Washer |
| AREA |
45 - South Tacoma |
| BASEMENT |
None |
| CONSTRUCTION |
Wood Siding |
| FIREPLACE |
Yes |
| HEAT |
Electric, Fireplace Insert |
| INTERIOR |
Fireplace |
| LOT |
6499 sq ft |
| MLS STATUS |
Active |
| PARKING |
Driveway |
| STORIES |
1 |
| STYLE |
10 - 1 Story |
| SUBDIVISION |
South Tacoma |
| TAXES |
6147.67 |
| UTILITIES |
Sewer Connected |
| WATER |
Public |
Location
Properties with the
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Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/24/26 6:20 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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