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Active · Residential

5435 S M Street #202, Tacoma, WA 98408

Tacoma, WA 98408

$359,000

2 bedrooms · 1 bathrooms · 0 sq ft

Listing provided by Commencement Bay Brokers LLC · MLS #2579831 · Active

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About this property

Seller to BUY down your interest rate by 1% for 12 months! This light-filled Tacoma condo offers an incredible opportunity for first-time buyers, commuters, investors, or anyone looking for low-maintenance living in a central location. Beautiful interior featuring gorgeous hardwood floors, crisp modern finishes & brand-new Milgard windows that fill the home with natural light. The stunning remodeled kitchen features quartz countertops, new cabinetry, stainless appliances & a charming dining area surrounded by windows. Two generous bedrooms offer flexibility, while the updated full bath continues the clean, contemporary aesthetic. The building has also benefited from significant improvements including a brand-new roof, updated electrical & updated plumbing, adding tremendous value beyond the unit itself. Low monthly HOA dues include water, sewer & garbage. Leave the car behind! A Pierce Transit Route 48 stop is right outside, providing convenient service toward downtown Tacoma and Commerce Street, with connections to the T Line and Tacoma's broader transit network. Bike lanes add another commuting option, while nearby parks, neighborhood restaurants, shopping and everyday amenities make this an exceptionally convenient home base. Close proximity to downtown Tacoma, UW Tacoma, and museums, are all within easy reach. Turnkey, stylish & affordable—with major building improvements already completed and an HOA that covers key utilities. Ask about a rate buy down!

Property details

Property type
Condominium
Year built
1946
Association dues
$332 · Monthly
Annual property tax
$1,018 (2025)
Parking spaces
0
School district
Tacoma
Northwest MLSMLS GRID

Listings courtesy of Northwest MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 10/6/2026, 9:47:27 AM Pacific. 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.

IDX information is provided exclusively for consumers’ personal, noncommercial use to identify prospective properties they may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Some IDX listings have been excluded from this website: search includes current Active, Active Under Contract, Pending and Coming Soon listings.

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Enrique Pelayo Jr., designated broker at The Broker Team in Edmonds, WA

A REAL CONVERSATION. A CLEAR NEXT STEP.

You don’t have to figure it out alone.

Buying, selling, or weighing your options? Tell me what you’re considering. We’ll talk through where to start.

Enrique Pelayo Jr. · English & Spanishenrique@thebroker.team