For sale Condo

Listed Sep 8, 2026

$359,000 Est. $2,374/mo

5435 South M Street #202

  • 2

    Beds

  • 1

    Baths

The story

Unit #202 at 5435 South M Street is a 2-bedroom, 1-bathroom condo in Tacoma, WA, built in 1946. It is currently listed at $359,000, with a monthly HOA fee of $332.

Seller to BUY down your interest rate by 1% for 12 months! This light-filled Tacoma condo offers an incredible opportunity for first-time buyers, commuters, investors, or anyone looking for low-maintenance living in a central location. Beautiful interior featuring gorgeous hardwood floors, crisp modern finishes & brand-new Milgard windows that fill the home with natural light. The stunning remodeled kitchen features quartz countertops, new cabinetry, stainless appliances & a charming dining area surrounded by windows. Two generous bedrooms offer flexibility, while the updated full bath continues the clean, contemporary aesthetic. The building has also benefited from significant improvements including a brand-new roof, updated electrical & updated plumbing, adding tremendous value beyond the unit itself. Low monthly HOA dues include water, sewer & garbage. Leave the car behind! A Pierce Transit Route 48 stop is right outside, providing convenient service toward downtown Tacoma and Commerce Street, with connections to the T Line and Tacoma's broader transit network. Bike lanes add another commuting option, while nearby parks, neighborhood restaurants, shopping and everyday amenities make this an exceptionally convenient home base. Close proximity to downtown Tacoma, UW Tacoma, and museums, are all within easy reach. Turnkey, stylish & affordable—with major building improvements already completed and an HOA that covers key utilities. Ask about a rate buy down!

Facts & features

Home type

Condo

Year built

1946

Floors

5

HOA

$332 / monthly

Included features

  • Cooling

    Ductless

  • Heating

    Ductless, Wall Furnace

  • Appliances

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

  • Flooring

    Hardwood, Vinyl Plank

  • Roof

    Composition

  • Lot Information

    Paved, Sidewalk

  • Exterior

    Cement/Concrete, Stone

Mortgage calculator

Estimated monthly payment

$2,374 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $1,911
  • Property tax $359
  • Insurance $105

Includes principal, interest, taxes & insurance.

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Listing Broker

Commencement Bay Brokers LLC

Broker Name

Commencement Bay Brokers LLC

Agent

Nicolas Lind