South Tacoma Homes under $300,000

Welcome to South Tacoma, a vibrant neighborhood nestled in the heart of Tacoma, Washington. Known for its rich history and diverse community, South Tacoma offers a unique blend of urban convenience and suburban charm. With its friendly atmosphere and an array of local amenities, this neighborhood is an ideal place for families, young professionals, and first-time homebuyers seeking affordability without sacrificing quality of life.

One of the standout features of South Tacoma is its accessibility to parks, schools, and shopping centers. Residents enjoy easy access to stunning green spaces like South Tacoma Park and the nearby Wapato Park, perfect for weekend picnics or leisurely strolls. The area is also well-connected to public transportation, making commuting a breeze for those working in downtown Tacoma or beyond.

For homebuyers looking for budget-friendly options, South Tacoma is a treasure trove of homes priced under $300,000. Here, you can find a variety of charming single-family homes, cozy bungalows, and modern townhouses that cater to diverse tastes and lifestyles. These properties often feature spacious yards, inviting interiors, and a sense of community that is hard to find in more expensive neighborhoods.

Living in South Tacoma means embracing a lifestyle rich in culture and community spirit. With local shops, eateries, and a thriving arts scene, there’s always something to explore. Whether you’re drawn to the area’s affordability or its welcoming vibe, South Tacoma is a neighborhood that truly feels like home. Come discover the possibilities today!

Newest South Tacoma Homes under $300,000

$299,999

3 Beds ⋅ 2 Baths ⋅ 2591975 MLS ⋅ ACTIVE Status

Welcome to 5910 S Verde Street in Tacoma! This 3-bedroom, 2-bath split-level home offers 1,379 square feet of living space on a 6,000-square-foot lot, providing a great opportunity to make this home your own. Built in 1983, the home features a comfortable and functional layout with a family room, fireplace, and wood deck for additional outdoor living space. The built-in garage provides approximately 356 square feet of additional parking and storage space. With three bedrooms and two full bathrooms, there's flexibility for home offices, guests, hobbies, or everyday living. Restore this home in a great location to its former glory. Sold AS IS and this is reflected in the price. Situated in Tacoma's Waller Estates neighborhood, this property offers an opportunity for buyers looking to add their own updates and personal touches while building equity over time. Bring your ideas and make this Tacoma home your own!

5910 S Verde Street, Tacoma

Listing Broker: BCR LLC; Christel EM Osterstrom; 425-753-0950; christelosterstromre@gmail.com

$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,new 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

$250,000

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; ;

$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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