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3812 S Thompson Avenue, Tacoma, WA, 98418

7beds
3baths
2,800sqft
$572,000
$204price/sqft
$3,746/moest. monthly cost
$149,840/yrincome needed

About This Home

Two units in one! Main house is 4 bedrooms/ 2 baths at 1816 square feet. Second building behind house is 3 bedroom/1 bath at 1100 square feet. Both buildings currently are rented, but would be a great property to live in one and rent the second one! Well maintained and recently updated. Location is great for the commuter and/or JBLM. Buildings have had 100% occupancy.

Getting Around

82
WalkingVery Walkable
0
TransitVery Limited Transit
57
BikeBikeable

Schools

3/10
Whitman Elementary SchoolGrades PK-50.2 mi
2/10
2/10
Lincoln High SchoolGrades 9-120.3 mi

Construction

Condition

  • Year built: 1918

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Wood Siding

Notable Dates

  • Major remodel year: 1982

Type & Style

  • Home type: MultiFamily
  • Architectural style: Duplex
  • Property subType: Duplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 3

Heating & Cooling

  • Heating features: Forced Air,Electric
  • Cooling features: Forced Air,Wall Unit(s)

Interior Area

  • Total structure area: 2,800
  • Total interior livable area: 2,800 sqft

Property

Details

  • Parcel number: 8935018050
  • Special condition: Standard

Lot

  • Lot size: 7,021 sqft

Parking

  • Total spaces: 5
  • Parking features: Garage
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in Pierce County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,892$34,704
Home Insurance *$182$2,184
Property Taxes $481$5,772
Electricity $191$2,298
Total$3,746$44,952
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$128,434/yr
40% on housing$112,380/yr
45% on housing$99,893/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.9%
9.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$204This listing

vs Other Active Listings

Avg $/sqft

ZIP 98418$210
Pierce County$262

vs Homes Sold Last Month

Median $/sqft

ZIP 98418$325
Pierce County$312

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-24Price change$615,000
2026-03-31Listed for sale$650,000
2022-11-15Listing removed--
2022-11-05Price change$2,295
2022-10-29Price change$2,395
2022-10-26Listed for rent$2,500
2019-08-31Listing removed$1,750
2019-08-20Price change$1,750
2019-08-03Price change$1,895
2019-07-20Listed for rent$1,995
2018-04-30Sold$329,719
2018-03-20Pending sale$330,000
2018-03-10Listed for sale$330,000
2015-06-18Listing removed$1,495
2015-06-09Listed for rent$1,495
2007-05-25Sold$316,724
2004-08-03Sold$205,000
2003-09-02Sold$168,000

For Sale by Agent

AgentJenny Gullikson
BrokerageRealogics Sotheby's Int'l Rlty

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