About 3502 S Madison Street
You won't want to miss this unique mixed-use property that blends income and opportunity: a profitable laundromat, two 1-bed/1-bath apartments, plus a detached building with three garage bays and two 10x10 storage units. Perfect for an owner-operator looking to live and work on site or an investor seeking strong cash flow with multi-use flexibility. Situated on a well-traveled corner in Tacoma, the property offers long-term stability and endless potential in a growing neighborhood. Seller is offering an option for Owner Financing, contact us for more information!
Features of 3502 S Madison Street
| MLS® # | 2445822 |
|---|---|
| Price | $799,950 |
| Price Per SqFt | $400 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Full Baths | 2 |
| Square Footage | 2,001 |
| Acres | 0.13 |
| Year Built | 1911 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 3502 S Madison Street |
|---|---|
| Area | 46 - South Tacoma |
| Subdivision | South Tacoma |
| City | Tacoma |
| County | Pierce |
| State | WA |
| Zip Code | 98409 |
Amenities
| Parking Spaces | 3 |
|---|---|
| Parking | Detached Garage, Off Street |
| Garage Spaces | 3 |
| Is Waterfront | No |
Interior
| Interior Features | Second Kitchen, Ceiling Fan(s) |
|---|---|
| Appliances | Dishwasher(s), Disposal, Dryer(s), Microwave(s), Refrigerator(s), Washer(s) |
| Fireplace | No |
| Fireplaces | Electric, Gas |
Exterior
| Exterior Features | See Remarks |
|---|---|
| Lot Description | Corner Lot |
| Foundation | Block |
School Information
| District | Tacoma |
|---|
Additional Information
| Days on Market | 34 |
|---|---|
| Cumulative Days on Market | 34 |
| Days on Website | 12 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | John L. Scott, Inc |
|---|