South Tacoma Homes under $500,000

South Tacoma Homes under $500,000

Welcome to South Tacoma, a vibrant and welcoming neighborhood nestled in the heart of Tacoma, Washington. Known for its diverse community and rich history, South Tacoma offers a unique blend of urban convenience and suburban charm. With its tree-lined streets and friendly atmosphere, this area is perfect for families, young professionals, and retirees alike.

One of the standout features of South Tacoma is its affordability. Here, you'll find a variety of homes priced under $500,000, making it an ideal place for first-time homebuyers or those looking to downsize without compromising on quality. From cozy bungalows to spacious craftsman-style homes, there’s something for everyone. Many properties come with generous yards, perfect for gardening or outdoor gatherings, and some even boast stunning views of Mount Rainier.

The neighborhood is well-connected, with easy access to public transportation and major highways, making commuting a breeze. Residents enjoy a plethora of local amenities, including parks, shops, and restaurants that reflect the multicultural fabric of the area. The nearby South Tacoma Way is lined with trendy cafes and eateries, while the expansive Wapato Park offers a serene escape for picnics and leisurely strolls.

For families, South Tacoma boasts excellent schools and community resources, fostering a supportive environment for children to thrive. With its blend of affordability, community spirit, and accessibility, South Tacoma is not just a place to live but a place to call home. Discover your dream home in this charming neighborhood today!

Newest South Tacoma Homes under $500,000

7424 Fawcett Avenue, Tacoma
$479,900
4 Beds ⋅ 1 Baths ⋅ 2593647 MLS ⋅ ACTIVE Status
Welcome to this inviting 4-bedroom, 1-bath South Tacoma home offering a great combination of space, convenience, and practical updates! With four bedrooms, there's flexibility for a home office, hobby room, or whatever fits your lifestyle. Recent improvements include a new roof on the upper level and an updated electrical panel. The detached 2-car garage with alley access provides plenty of room for parking, storage, or projects. You'll love the convenience of this location, with shopping, restaurants, grocery stores, and schools all nearby. Enjoy outdoor time at Wapato Park or Charlotte's Blueberry Park, and take advantage of easy access to Tacoma Mall, I-5, JBLM, and everything the South Sound has to offer. Whether you're looking for your first home, more room to spread out, or simply a convenient place to call home, this one is worth a closer look. Come see the possibilities for yourself!

7424 Fawcett Avenue, Tacoma

Listing Broker: COMPASS; Jim Swanson; 253-987-1778; jim.swanson@compass.com

5014 S Park S, Tacoma
$495,000
4 Beds ⋅ 2 Baths ⋅ 2596104 MLS ⋅ ACTIVE Status
Built-ins worth showing off, beautiful millwork and hardwood floors—this Craftsman makes an impression. With four bedrooms and two full baths, there’s room to spread out without losing that cozy feel. The kitchen pairs quartz countertops, shaker cabinetry and stainless appliances with a gas range for your favorite recipes. The main-floor primary bedroom offers a spacious walk-in closet, while the generous basement has a laundry area, bonus pantry space and room for the gear you’d rather keep out of sight. Fire up the grill on the charming deck, try your hand at gardening in the fully fenced yard or settle in for an evening outside. A detached garage adds private parking and extra storage. Full of Tacoma character, with restaurants, shopping and I-5 within easy reach.

5014 S Park S, Tacoma

Listing Broker: eXp Realty; Lynette Rogers; 281-382-9797; lynetterogersre@gmail.com

427 S 54Th Street, Tacoma
$450,000
2 Beds ⋅ 1 Baths ⋅ 2593775 MLS ⋅ ACTIVE Status
Your home is waiting! This cottage style house with a fully finished basement is beautiful! Begin your tour by stepping onto the covered porch large enough for entertaining year round. Walk into the light and bright living room where you can spend the coming fall and winter evenings relaxing in front of your TV. The living room flows effortlessly into the eating area thru to the stylish kitchen with a built in bar allowing for more seating. The two bedrooms anchor the 3/4 fully remodeled bathroom for ease of accessibility and use. The fully finished basement awaits so many ideas from another living area, gameroom, or oversized bedroom; the options are limitless! This amazing house sits on a elevated corner lot with a large backyard just waiting for you to create an oasis mere feet from your backdoor. In addition, the home has up to 20 down payment assitance programs available, with many of them useable together up to $100K! It's location allows for walkability to amenities, schools, and more - you do not want to miss this opportunity, come make it yours today!

427 S 54Th Street, Tacoma

Listing Broker: Bascomb Real Estate Group; Nicole Bascomb; 206-250-3133; nicole@bascombrealestate.com

6127 Tacoma Avenue S, Tacoma
$385,000
3 Beds ⋅ 1 Baths ⋅ 2594822 MLS ⋅ ACTIVE Status
Welcome home to this wonderfully maintained rambler in Tacoma's South End! Step inside to discover beautiful hardwood floors, a warm and inviting living room, and large picture windows that fill the home with natural light. The charming kitchen features tile countertops, ample character, and a cozy dining area. The beautifully remodeled bathroom, completed in 2023, offers oversized tile flooring, a stylish tile surround, and a full-size soaking tub for relaxing at the end of the day. Step outside to enjoy the patio, ideal for summer barbecues, outdoor dining, or unwinding on those beautiful Pacific Northwest evenings. The attached carport provides convenient covered access directly into the home, along with additional storage space to keep everything organized. Major improvements include a new roof and fresh exterior paint in 2022, offering added peace of mind for years to come. Thoughtfully maintained and full of charm, this move-in-ready home is a fantastic opportunity to enjoy the benefits of homeownership!

6127 Tacoma Avenue S, Tacoma

Listing Broker: Pine & Proctor Properties; Mark DePaul; 253-370-1637; mark@pineandproctor.com

3710 S K Street, Tacoma
$500,000
4 Beds ⋅ 2 Baths ⋅ 2594161 MLS ⋅ ACTIVE Status
If you've been looking for that Turn-Key Storybook Craftsman, you've Found it Here! Located in the Lincoln District on a street lined with Antique Lights, you'll feel the Charm and Whimsy of this property immediately. Fully fenced and Gated, the Garden and Covered Front Porch invite you into this well Kept and Updated 4 Bed, 1.5 Bath Home. Greeted by Classic Craftsman Finishes, you'll find the Original Wood Built-ins, Trim, Wainscoting and Window Casings, Wood Floors and a newer Gas Fireplace. Further in, you'll find a Giant, Fully Remodeled Kitchen with New Appliances, and Incredible Counter Space to Host All Your Friends. Two Large Bedrooms, a Remodeled Bath, and an Added 1/2 Bath to the Primary- Round out this Circular Floor Plan. Upstairs, you'll discover Two of the most Adorable Bedrooms with Amazing Built-Ins and a Roomy Loft- Perfect for Work, Hobbies, or Study. Other Updates Include: a 50 Year Metal Shingle Roof, High Efficiency Furnace and A/C, On-Demand Hot Water Heater, and Structural Work in the Crawl Space to help deter sloping. In the Back, you'll find a Low Maintenance Yard with Fruit Trees, Garden Space and a Path that leads to a Stone Shed and Detached 1-Car Garage with Interior Shop and Workbench. The Garage also has Fantastic Attic Space with Tons of Versatility- turn it into an DADU? This Home is a GEM- in a Great Location within a Short Distance to Lincoln's Shops and Restaurants, Easy Access to DT and the Freeways. This is a Home You Don't Want To Miss!

3710 S K Street, Tacoma

Listing Broker: Real Broker LLC; Kari Rae Davis; 206-330-6985; karirae@karisellsthecity.com

4052 S 36th Street, Tacoma
$335,000
2 Beds ⋅ 1 Baths ⋅ 2593401 MLS ⋅ ACTIVE Status
Desireable corner Lot enjoys full sun & is just minutes form University Place, Fircreat & Central Tacoma. This classic stone home is fully fenced. 2BD 1 BA, Large living area with great windows that provide loads of natural light. Kitchen has driveay access which can handle 2 cars tandum. also ample street parking. Large storage building. Fun location provides easy access to great shopping, schools, medical, parks & freeway. Needs a little tlc to make it shine. Opportunity is knocking.

4052 S 36th Street, Tacoma

Listing Broker: Coldwell Banker Bain; McGriz McHugh-Griesmeyer; 253-208-0755; conniemchugh@cbbain.com

1777 S 92nd Street, Tacoma
$459,000
3 Beds ⋅ 2 Baths ⋅ 2593184 MLS ⋅ ACTIVE Status
Welcome home! This updated, single-story home is ready for a new owner! Brand new laminate floors, interior and exterior doors, new roof and skylights in 2019, exterior last painted in 2021, and new deck in 2022. Located just off I-5, this is an excellent home for commuters with shopping, restaurants, and schools nearby.

1777 S 92nd Street, Tacoma

Listing Broker: Tribeca NW Real Estate; Kara Gire; 970-412-4132; kara@tribecanw.com

6626 s tyler, Tacoma
$399,000
4 Beds ⋅ 2 Baths ⋅ 2592610 MLS ⋅ ACTIVE Status
Fresh on the market. 4 bedroom 2 bath. Move-in ready and packed with value, this Tacoma home delivers the space, updates, and location buyers are looking for. Enjoy a bright, open main level, an updated kitchen, and comfortable bedrooms designed for easy living. The large fenced yard offers endless possibilities — outdoor entertaining, pets, gardening, or future expansion. Located near major commuter routes, retail, parks, and schools, this home puts convenience at your doorstep. A solid opportunity for anyone to put time into to make this house shine back in a central Tacoma location.

6626 s tyler, Tacoma

Listing Broker: Cascade Home Group; Zachary Taylor; 253-389-2399; zaktaylorhomegroup@gmail.com

3605 S K Street, Tacoma
$459,000
4 Beds ⋅ 2 Baths ⋅ 2585107 MLS ⋅ ACTIVE Status
Tacoma, WA 4BD 1.5BA 1/1/2 story W/full walk out basement/adequate head room. Two additional rooms-main floor with closets and windows. Currently washer and dryer in one room, move washer and dryer to basement to free up the room. HOUSE FIRE DEC 2024. SELLER OUT OF THE HOME FOR ONE YEAR WHILE HOME REBUILT. Insurance company put 400K back into the home. New siding, new windows, new slider, new walls, new doors/trim, new flooring, new paint, new lighting and new kitchen. New heat pump and new deck. Come and view this beautiful home. Front porch stoop and side deck for evening sitting. Fully fenced back yard, with sliding fence off alley for entrance to the back of the property. Large fenced back yard.

3605 S K Street, Tacoma

Listing Broker: John L. Scott, Inc.; Lorraine B. Dill; 253-831-2944; lorrained@johnlscott.com

3320 S Asotin Street, Tacoma
$449,900
3 Beds ⋅ 3 Baths ⋅ 2590432 MLS ⋅ ACTIVE Status
VA assumable loan! Welcome to this bright and thoughtfully designed home featuring 3 bedrooms and 2.5 baths. The main level offers an easy, open flow between the living, dining, and kitchen spaces, with a convenient half bath for guests, creating a comfortable setting for everyday living and entertaining. Upstairs, the private primary suite includes its own full bath, while two additional bedrooms share a well-appointed hall bath. Outside, the fully fenced yard offers low-maintenance living, and the attached garage provides secure parking and storage. With quick access to local amenities and major commuter routes, this home delivers comfort, practicality, and a connected Tacoma lifestyle.

3320 S Asotin Street, Tacoma

Listing Broker: Best Choice Network LLC; Jackie Walters; 253-268-9573; jackiearizona123@gmail.com

6622 S Warner Street, Tacoma
$369,548
2 Beds ⋅ 1 Baths ⋅ 2588567 MLS ⋅ ACTIVE Status
Classic 1927 Craftsman charm meets thoughtful updates in this inviting South Tacoma home. Bright living spaces, warm finishes, and a smart layout make the home feel comfortable and easy from the moment you walk in. The updated kitchen offers granite countertops, stainless appliances, abundant cabinetry, and plenty of room to cook, gather, and stay organized. A cedar-lined primary closet, in-home laundry, and a full bath with tub and shower add practical touches throughout. Outside, the covered front porch gives the home its welcoming Craftsman character, while the fully fenced backyard offers room to garden, entertain, or simply enjoy your own outdoor space. The level lot keeps things easy to use and maintain, and the detached garage with alley access adds valuable covered parking, workshop space, and storage for bikes, tools, hobbies, and gear. With no HOA and thoughtful use of space inside and out, this home feels practical, charming, and surprisingly versatile.

6622 S Warner Street, Tacoma

Listing Broker: eXp Realty; Christine Andreasen; 206-353-8787; Christine@candco.me

520 S 94th Street, Tacoma
$410,000
4 Beds ⋅ 2 Baths ⋅ 2588221 MLS ⋅ ACTIVE Status
This spacious one-and-a-half-story, four-bedroom, one-and-a-half-bath home offers plenty of room, a VERY large lot, and endless potential to create the home you have been dreaming of. The expansive living room features a cozy fireplace and plenty of space for relaxing or gathering with friends. The lot this home sits on is 15,000 square feet. There’s room to grow, garden, entertain, and enjoy the outdoors. There are 2 separate garages. Plenty of parking or room for a shop or artist studio. Bring your ideas and make this property uniquely yours. Whether you are looking to create your dream home, build equity through improvements, or simply enjoy having space to spread out, this is a great opportunity to put your personal touch on a home with plenty of possibilities!

520 S 94th Street, Tacoma

Listing Broker: Realty One Group Turn Key; Nikki Carson; 253-444-8154; carson.n.r@gmail.com

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