South Tacoma Homes under $300,000

Welcome to South Tacoma, an inviting neighborhood that perfectly blends urban convenience with a touch of suburban charm. Nestled in the heart of Tacoma, Washington, this vibrant community is known for its rich history, diverse culture, and friendly atmosphere. Whether you’re a first-time homebuyer, a growing family, or an investor looking for a great opportunity, South Tacoma has something to offer everyone.

One of the standout features of South Tacoma is its affordability. With homes available for under $300,000, this neighborhood presents an excellent opportunity for those looking to enter the real estate market without breaking the bank. These homes often come with unique character, showcasing a variety of architectural styles that reflect the area’s historical roots. From cozy bungalows to charming craftsman-style houses, you’ll find options that fit your lifestyle and budget.

Beyond the homes, South Tacoma boasts a wealth of amenities. Enjoy easy access to parks, local shops, and restaurants that cater to every palate. The community hosts several events throughout the year, fostering a sense of belonging and connection among residents. Plus, with public transportation options and proximity to major highways, commuting to downtown Tacoma or beyond is a breeze.

In South Tacoma, you’re not just buying a house; you’re investing in a vibrant community that welcomes you with open arms. Discover the charm and affordability of this remarkable neighborhood today, and find the perfect place to call home!

Newest South Tacoma Homes under $300,000

$299,950

1 Beds ⋅ 1 Baths ⋅ 2580809 MLS ⋅ ACTIVE Status

Big opportunity in a small package! This appealing South Tacoma home offers an affordable alternative to condo living—with your own fully fenced backyard and no HOA dues. The efficient 1-bedroom, 1-bath floor plan makes great use of its footprint and offers comfortable, manageable living. Recent improvements include a new roof and gutters,new interior and exterior paint, updated electrical,newer tankless water heater and new microwave hood! New attic insulation, crawl space insulation and vapor barrier. Outside, the fully fenced backyard provides plenty of room for pets, gardening, entertaining or simply enjoying your own outdoor space. The detached 1-car garage offers valuable parking, storage, hobby or workspace possibilities. Conveniently located with easy access to shopping, dining, commuting routes and everyday amenities. Bring your ideas and personal touches to make this home your own. Whether you're a first-time buyer, downsizing or looking for an affordable alternative to condo living, this is a great opportunity to start your next chapter!

510 S 58th Street, Tacoma

Listing Broker: Keller Williams Rty Tacoma; Brian Thayer; 253-678-7297; sold@brianthayer.com

$285,000

1 Beds ⋅ 1 Baths ⋅ 2579819 MLS ⋅ ACTIVE Status

Seller to BUY down your interest rate by 1% for 12 months! This light-filled 1-bedroom, 1-bath condo offers an easy, low-maintenance lifestyle in a convenient Tacoma location. Thoughtfully updated throughout, the home pairs classic hardwood floors with a fresh, modern aesthetic and an abundance of natural light from oversized windows. The beautifully remodeled kitchen features crisp white cabinetry, quartz counters, stainless appliances & generous storage, while the efficient floor plan makes excellent use of every square foot. A comfortable bedroom, sparkling updated bath, ductless mini-split for heating & cooling, and in-unit washer & dryer complete the package. Major building improvements include a brand-new roof plus updated electrical & plumbing, while the HOA includes water, sewer & garbage. Just blocks from Alling Park and with Pierce Transit Route 48 right outside, offering service between Lakewood and downtown Tacoma, this is an especially convenient home base for commuters. Close to downtown Tacoma, UW Tacoma, parks, restaurants, shopping, museums & entertainment. A fantastic opportunity for a first-time buyer, downsizer, or anyone looking for turnkey living without the upkeep! Ask about the rate buy down by seller preferred lender!

5435 S M Street Unit #201, Tacoma

Listing Broker: Commencement Bay Brokers LLC; Nicolas Lind; 253-851-2897; nic@commencementbrokers.com

$295,000

1 Beds ⋅ 1 Baths ⋅ 2560249 MLS ⋅ ACTIVE Status

Charming historical cottage tucked away on a large, level lot in South Tacoma; this property is brimming with potential to make your homesteading or new-build dreams come true! Set far back from the street, the house’s post-war character shines with a gable roofline, brick chimney and boxy design. The cheery green front door invites you into the main floor. The dining room is open to the the kitchen, which has dark cabinets, a double-basin stainless sink and dishwasher & black appliances. The living room has a mountain mural, an arched built-in shelf and plenty of light! The main floor includes a ¾ bathroom w/shower and another PNW mural, plus the laundry nook with a stacked washer+dryer. The walnut-colored flooring throughout makes for easy cleaning & carpeted stairs lead you up to the airy loft-style bedroom! Outside, mature trees offer shade and fruit, and it seems the whole yard is in bloom. Blackberries hang over the chicken coop with space for the whole flock. The yard is ready for entertaining, with a big metal basin fire pit and space for everyone. The almost-fully fenced yard (just add a front gate!) also has a spacious shed & raised flower beds. This property offers could offer the unique opportunity for someone to live in the current home, while building a DADU in the front of the lot! Or, the lot offers abundant space to create the gardens of your dreams. The property has alley access to two driveway spots and plentiful off-street parking. New sewer line in 2025!

509 S 60th Street, Tacoma

Listing Broker: Realty One Group Turn Key; Robyn Rodriguez; 253-376-7128; robynrodriguezrealestate@gmail.com

$295,000

4 Beds ⋅ 1 Baths ⋅ 2561492 MLS ⋅ PENDING SHORT SALE Status

Short Sale. Solidly built and maintained home, proudly owned and cared for by military personnel. Features alley access with strong DADU potential, offering excellent upside for added income or value. The spacious laundry room provides an opportunity to add a second bathroom, enhancing functionality and resale appeal. Two additional bedrooms are located on the second story, creating a flexible layout ideal for rental or owner-occupant strategies. A great opportunity for investors seeking long-term value and expansion potential.

6441 S Prospect Street, Tacoma

Listing Broker: Keller Williams Rlty Bellevue; Ara Hakobyan; 425-241-5753; arah@kw.com

$229,888

2 Beds ⋅ 2 Baths ⋅ 2556064 MLS ⋅ ACTIVE Status

Tucked away in the peaceful Whispering Firs community, this charming end-unit townhome offers an exceptional opportunity to enjoy comfortable living in a location that keeps everything within easy reach. Rarely available, the thoughtfully designed two-story floor plan features two generously sized bedrooms, 1.5 baths, and inviting spaces that make everyday living feel effortless. The spacious living area opens to a private, fully fenced patio—perfect for morning coffee, outdoor dining, or simply unwinding at the end of the day—while the primary bedroom enjoys its own private balcony for a quiet retreat. A flexible circular layout, abundant storage, and all appliances included make moving in easy. Two assigned parking spaces, plentiful guest parking, and low monthly dues of just $300, including water, sewer, and garbage, add to the home's outstanding value. Quietly tucked away from the street, yet just minutes from I-5, the Sounder Station, shopping, dining, parks, golf courses, and everyday conveniences, this home delivers the perfect blend of privacy, affordability, and accessibility. With no rental cap, it also presents an excellent investment opportunity for the future.

4819 S 56th Street Unit #1, Tacoma

Listing Broker: John L. Scott, Inc; See Ly; 206-380-5526; seely@johnlscott.com

$295,000

3 Beds ⋅ 1 Baths ⋅ 2491372 MLS ⋅ ACTIVE Status

Investor opportunity with strong upside potential. This property is ideal for a rehab loan, renovation project, or flip. Add value through updates and improvements. Great option for investors looking to renovate and resell, or for buyers ready to build equity through a remodel. Property offers the chance to reimagine the space and maximize value in a desirable Tacoma location. Sold as is.

1660 S 42nd Street, Tacoma

Listing Broker: Kelly Right RE of Seattle LLC; Angelia Porietis; ; Angie.philley@comcast.net

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