4812 Yakima Ave

Tacoma, WA98408

Excellent opportunity for first time home buyers or investors seeking a rent-ready asset with upside. This property is comfortable and also works well as a long-term hold, value-add rental, or future small-scale development site in a transitioning Tacoma neighborhood. The nearly 9,000 sq ft UR-3–zoned lot offers flexibility under current zoning, including potential for multiple ADUs or multifamily development while providing immediate income potential. The home is ready to go, with key capital items already addressed, making it comfortable and minimizing near-term maintenance risk. Updates include a new roof (2023), chimney and sewer line (2019), exterior paint and flooring (2025), and upgraded lighting. Functional features for an owner or tenant include a fenced yard, detached garage, and wide gravel alley with RV and 4+ additional off-street parking spots. Acquire now at a reduced price, stabilize as a rental, and benefit from long-term appreciation and future redevelopment opportunities.

Courtesy of NWMLS
Listing courtesy of James Chris Johnson of Keller Williams Rlty Bellevue



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Last checked: 2026-03-16 01:07 AM PDT