For sale Condo

Listed Sep 8, 2026

$285,000 Est. $1,885/mo

5435 South M Street #201

  • 1

    Beds

  • 1

    Baths

The story

Unit #201 at 5435 South M Street is a 1-bedroom, 1-bathroom, two-story condo in Tacoma, WA, built in 1946. It is currently listed at $285,000, with a monthly HOA fee of $254.

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!

Facts & features

Home type

Condo

Year built

1946

Floors

2

HOA

$254 / monthly

Included features

  • Cooling

    Ductless

  • Heating

    Ductless, Wall Furnace

  • Appliances

    Dryer, Stove(s)/Range(s), Washer

  • Flooring

    Hardwood, Vinyl Plank

  • Roof

    Composition

  • Lot Information

    Sidewalk

  • Exterior

    Cement/Concrete, Stone

Mortgage calculator

Estimated monthly payment

$1,885 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $1,517
  • Property tax $285
  • Insurance $83

Includes principal, interest, taxes & insurance.

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Listing Broker

Commencement Bay Brokers LLC

Broker Name

Commencement Bay Brokers LLC

Agent

Nicolas Lind