Charm meets incredible opportunity in this 1924 Craftsman Bungalow! Situated on a spacious 6,500 SF corner lot with alley access, this Tacoma gem features a thoughtful layout with 2 bedrooms and a full bath on the main level, plus an upstairs primary suite with a half bath. The bright living room boasts a cozy wood-burning fireplace and a classic period archway leading to a spacious kitchen with an eating area, stainless steel appliances, and a newer dishwasher. Recent updates include new carpet and refreshed bathroom vanities, new water heater in 2024. Outside, the fully fenced backyard is perfect for entertaining, alongside a detached 2-car garage (featuring a partial room conversion that can easily be changed back) with alley access, and additional off-street or RV parking. The Real Bonus: Zoned UR-3 in Tacoma's Urban Residential district, this lot opens the door to amazing future development possibilities like DADUs or rowhouses. Whether you're looking for a move-in ready home with room to grow or a smart investment, this property checks every box. Conveniently located near freeways, shopping, dining, and the Tacoma Mall!