For sale Home

Listed Oct 9, 2026

$324,950 Est. $2,149/mo

5813 East M Street

  • 4

    Beds

  • 2

    Baths

  • 1,148

    Sq ft

The story

SHORT SALE opportunity in East Tacoma! Build instant equity with this 4 bedroom, 2 full bath single-level rambler priced well below market. The house next door, with similar square footage, sold for $489,000 in September 2026 after a full remodel. Here, the key upgrades are already in place: an updated kitchen with granite counters, custom cabinets and stainless steel appliances, laminate flooring in the living and dining areas, a separate laundry room, and a sewer line repaired in 2023. The remaining work is mostly cosmetic. Install new flooring in the bedrooms, paint, clean up the landscaping and refresh the siding to unlock the value. Level 5,500 sf lot with a large fenced backyard, covered patio and RV parking. One-story living with all 4 bedrooms on the main floor. Quiet Eastside street near Swan Creek Park, schools, bus lines, Tacoma Mall, shopping and quick I-5 access. A true value-add opportunity: ideal for investors, flippers, BRRRR and rental buyers, or a first-time buyer ready to add sweat equity with a renovation loan such as FHA 203k or HomeStyle. Fixer and handyman special priced to sell. Cash and renovation financing welcome. Short sale subject to lender approval. Sold as-is.

Facts & features

Home type

Home

Year built

1970

Price per sq ft

$283

Included features

  • Heating

    Wall Furnace

  • Appliances

    Dishwasher, Microwave, Refrigerator, Stove(s)/Range(s)

  • Flooring

    Ceramic Tile, Hardwood, Carpet

  • Roof

    Composition

  • Lot Information

    Paved

  • Exterior

    Metal/Vinyl

  • Water Source

    Public

  • Sewer

    Sewer Connected

Mortgage calculator

Estimated monthly payment

$2,149 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $1,730
  • Property tax $325
  • Insurance $95

Includes principal, interest, taxes & insurance.

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Listing Broker

eXp Realty

Broker Name

eXp Realty

Agent

Marvin Gaviria