Pierce WA Multi-Family Real Estate, Homes for Sale

BACK ON THE MARKET by popular demand! This turn-key and exceptionally maintained 4-plex offering strong, reliable rental income with thoughtful modern updates throughout the units. Building is fully rented and cash flows. This low-maintenance investment property is in excellent condition, with each unit featuring contemporary laminate flooring, newer hot water tanks, fresh interior paint, updated bathrooms, and crisp modern trim for a clean. Two units are leased at $1,800/month with newly signed leases, and the other two units are rented at $1,700/month—providing immediate, stable cash flow. Ideally located near shopping, dining, transit, and easy freeway access. This property appeals to commuters and long-term tenants. This property is perfect for all savvy investors being a smart addition to you investment portfolio.

4027 S Warner Street, Tacoma

Listing courtesy of Keller Williams Realty PS.

$599,950

2559531 MLS ⋅ ACTIVE Status

Completely reimagined and rebuilt in 2024, this turnkey duplex offers the rare combination of classic character and modern construction. Taken down to the foundation and studs, nearly every major component has been replaced, providing years of low-maintenance ownership. Extensive improvements include a new roof, windows, siding, insulation, electrical, plumbing, mini-split heating & A/C, LVP flooring, stainless steel appliances, in-unit stackable laundry, and fresh landscaping. Each unit features contemporary finishes, efficient layouts, and independent mini-split HVAC systems. Both the upper and lower units are currently leased at $1,500/month, offering immediate income with room for future rental growth. Ideal for investors or owner-occupants looking to offset their mortgage, this property is minutes from the University of Washington Tacoma, University of Puget Sound, Tacoma Community College, MultiCare and Virginia Mason Franciscan hospitals, downtown Tacoma, shopping, dining, parks, and major commuter routes. With virtually every major system replaced, this is a true turnkey investment in one of Tacoma's most convenient, high-demand rental corridors.

1410 6th Avenue, Tacoma

Listing courtesy of Redfin.

$2,500,000

2556524 MLS ⋅ PENDING Status

Orchard St Duplexes is a collection of four duplex buildings totaling eight residential units on just over an acre in a quiet Tacoma neighborhood near University Place. Each unit offers a spacious three-bedroom, two-bathroom layout of approximately 1,280 square feet across two stories, with in-unit washer and dryer, double-pane vinyl windows, and a private garage. Wood-frame construction built in the early 1990s. Convenient access to I-5, Highway 16, and Tacoma Mall Boulevard.

4846 S 48th Street, Tacoma

Listing courtesy of Paragon Real Estate Advisors.

$874,000

2556594 MLS ⋅ ACTIVE Status

Solid, turnkey duplex in the highly sought-after University Place area. Clean, meticulously maintained, and quality built in 2003, this property presents a rare opportunity. Each spacious unit offers 2 bedrooms, 1.75 baths, a primary suite with walk-in closet, vaulted ceilings, fireplace, and a large laundry room with in-unit washer and dryer. Situated on an oversized 11,800 SF corner lot in a quiet cul-de-sac, each unit also includes an attached two-car garage plus ample additional parking. Separate electrical and water meters. Tenants pay their own electricity, water, and garbage. Excellent opportunity for an owner-occupant / house hacker, or investor. Live in one unit and offset your mortgage with rental income or continue operating as a low-maintenance investment in one of Pierce County's most desirable rental markets.

5306 5308 51st Avenue Ct W, University Place

Listing courtesy of Real Broker LLC.

$545,000

2544823 MLS ⋅ ACTIVE Status

Here is your opportunity to own a one-of-a-kind historic duplex in Tacoma's Hilltop neighborhood. Converted to a duplex shortly after construction, this classic home offers timeless character, strong income potential, and room to add value. Rescued and thoughtfully restored in the 1980s, it's now ready for its next chapter. The upper 2-bedroom unit has benefited from significant updates, including beautifully refinished original hardwood floors, fresh interior paint, and new kitchen cabinetry, while retaining its historic charm. The lower unit offers an excellent opportunity for similar improvements, allowing the next owner to build additional equity. Both units are currently occupied, providing immediate rental income from day one. Whether you're an investor or looking to expand your portfolio with a unique property, this historic duplex is full of potential.

2152 S -54 J St Street, Tacoma

Listing courtesy of Meridian Real Estate Group.

$540,000

2536557 MLS ⋅ ACTIVE Status

Estate sale presents a rare opportunity to own a well-located triplex in Tacoma's desirable McCarver neighborhood, within the Hilltop Mixed-Use Center. With strong upside potential, this income-producing property is ideal for investors or owner-occupants looking to add value. Unit A is a spacious 2-bedroom, 2-bath unit ready for cosmetic updates, while Units C and D have received improvements within the past five years. The generously sized lot offers excellent redevelopment potential, with zoning that allows for additional units. A public dual-head EV charging station and its established community account are included in the sale, providing an added income opportunity and valuable amenity. The exterior paint and gutters have been updated in recent years. While the roof is functional, buyers may wish to plan for replacement in the future. Don't miss this chance to unlock the full potential of this well-positioned investment property in one of Tacoma's growing neighborhoods.

2147 Martin Luther King Jr Way, Tacoma

Listing courtesy of Meridian Real Estate Group.

$695,000

2559241 MLS ⋅ ACTIVE Status

Extremely well maintained and easy to rent duplex in Puyallup! This hard to find gem has been extremely well taken care of, income producing and ready for its next investor. Buy and hold, as rents in Pierce county continue to rise. Situated on a large lot, tucked away on its own nearly third acre lot. Updated - flooring, kitchen and baths, newer furnace and windows. Each unit has their own deck/patio space to enjoy, along with a large backyard. Do not miss your chance to own a great income producing duplex!

11211 126th Avenue Ct E, Puyallup

Listing courtesy of Redfin.

$565,000

2557670 MLS ⋅ PENDING INSPECTION Status

Turnkey investment opportunity featuring two homes on one lot in the heart of Tacoma. The property includes a 3-bedroom, 1-bath main residence (1,284 sq ft) and a detached 2-bedroom, 1-bath ADU (640 sq ft) with alley access. Both units are leased through February 28, 2027, producing $4,150 per month ($49,800 annually) in scheduled rental income. The main home features an open kitchen with dining area, wood-burning fireplace, finished attic, and fully fenced yard. The detached ADU offers updated finishes, a full kitchen, living room, in-unit laundry, and private access. Conveniently located near shopping, dining, schools, transit, and I-5. An excellent opportunity to acquire a stabilized income-producing property with future flexibility when the current leases expire.

5428 S Cedar St, Tacoma

Listing courtesy of eXp Realty.

$500,000

2556271 MLS ⋅ ACTIVE Status

Turn-key investment opportunity! This incredible duplex features two freshly remodeled and updated units, currently tenant-occupied and generating immediate rental income. Ideally located with quick access to Pacific Avenue and I-5, this property is surrounded by a strong lineup of neighborhood-serving shops and restaurants. The immediate area boasts institutional landmarks like Lincoln High and offers practical everyday access to local parks, schools, and convenient transit connections. Perfect for an investor looking for a stabilized asset in a high-convenience location!

404 S Division Lane, Tacoma

Listing courtesy of WA Move Real Estate LLC.

$450,000

2557914 MLS ⋅ ACTIVE Status

Investment Opportunity in the Heart of Tacoma! Centrally located duplex offering the perfect opportunity for an owner-occupant or investor. One unit is vacant and move-in ready, while the second unit is tenant occupied, providing immediate rental income. Each 2-bedroom, 1-bath unit has been thoughtfully updated and includes its own washer and dryer. The vacant unit features brand-new flooring, new cabinetry, new countertops, and a newer washer and dryer, making it ready for its next owner or tenant. Outside, each unit enjoys its own private fenced yard space, plus ample street parking. A large basement provides excellent storage for owners or tenants. Ideally situated just minutes from Wright Park, the vibrant 6th Avenue District with its restaurants, coffee shops, and local businesses, Tacoma General Hospital and other major medical facilities, and convenient I-5 access for an easy commute. With strong rental appeal in a highly desirable central location, this is a fantastic opportunity to build your investment portfolio or offset your mortgage through owner occupancy.

1310 1308 S 8th, Tacoma

Listing courtesy of Olympic Sotheby's Int'l Realty.

$610,000

2555389 MLS ⋅ ACTIVE Status

"Investment Opportunity Awaits" This centrally located Duplex is well maintained and has a great rental history. This 2 Bedroom 1 Bath Duplex, has a one car garage & a fully fenced back yard. They are on one level and sits on quiet street. This seller has another duplex right next door to this one that is available as well. 1408 - 1410 103rd St E, MLS #2555396. They also have a Double Wide Mobile Home @ 1402 103rd St E, MLS #2552410 that sits behind the 2 Duplexes. This is a great investment package for 2 duplexes and 1 Double Wide Mobile home for someone that is looking for rentals or to do a 1031 exchange. This a clean package see the additional MLS # to get a clear understanding of what this seller has to offer, or purchase them separately.

1404 103rd Street E, Tacoma

Listing courtesy of Keller Williams Realty PS.

$610,000

2555396 MLS ⋅ ACTIVE Status

"Investment Opportunity Awaits" This centrally located Duplex is well maintained and has a great rental history. This 2 Bedroom 1 Bath Duplex, has a one car garage & a fully fenced back yard. They are on one level and sits on quiet street. This seller has another duplex right next door to this one that is available as well. 1404 -1406 103rd St E, MLS #2555389. They also have a Double Wide Mobile Home @ 1402 103rd St E, MLS #2552410. that sits behind the 2 Duplexes. This is a great investment package for 2 duplexes and 1 Double Wide Mobile home for someone that is looking for rentals or to do a 1031 exchange. This a clean package see the additional MLS # to get a clear understanding of what this seller has to offer, or purchase them separately.

1408 103rd Street E, Tacoma

Listing courtesy of Keller Williams Realty PS.

$834,900

2556884 MLS ⋅ PENDING INSPECTION Status

The one you are waiting for! Own 1 of the biggest duplexes in Pierce County. Live in 12408 while long term tenant pays half of your mortgage...Current FHA loan is assumable so a great option for owner occupant. Each side offers 1739 sqft and lives like a 3 bed & 1.75 bath (or 2 bed plus den/office.) Pictured is 12408 the vacant left unit. Each side features an upstairs with 2 large bedrooms, Full Hall Bath, Large Living & Dining Room with Vaulted Ceilings & Updated Kitchen. Slider from Dining Room gives access to private backyards with patios. Downstairs features Huge Office/Bonus Room with closet, 3/4 Bathroom plus Laundry & Deep Garage that may fit 2 cars tandem depending on size. Lot is over a half acre with large front lawns, fenced rear yard with patios & fence between units for privacy. 2 car tandem garages with off-street parking. Quiet dead end with only 1 other duplex on the whole street creating a great road without a bunch of cars racing by. Perfect for quiet living. 5 minutes from South Hill Mall, Costco, Lowes, Home Depot, restaurants & shopping galore, 7 minutes from Highway 512. Owner spent $70k+ getting this building ready for sale! It is move in ready! DO NOT MISS THIS!

12408 82nd Avenue E, Puyallup

Listing courtesy of Real Estate Gladiators.

$799,950

2555352 MLS ⋅ ACTIVE Status

Calling all investors & house hackers! AWESOME opportunity for a single level/rambler duplex in Puyallup on a private culdesac! Conveniently located near freeway access, shopping, entertainment, & more! Each side has a spacious 3 bed 2 bath layout & access to backyard space. Entry opens up to an open concept layout with the living room that has vaulted ceilings and pours into the dining area & kitchen that has an island w/ bar top seating! Primary room features an ensuite and a walk in closet! There are 2 more spacious bedrooms and a full bath down the hall. Both sides have a 2 car attached garage and large driveway that fits 4 cars for each side! Both sides have gas fireplaces & unit 12704 also has a heat pump! Dedicated laundry room for each side. Back yard is partially fenced and each unit has a private patio! 1 YEAR HOME WARRANTY INCLUDED! Dbl listed: 2555335

12702 12704 119th Street Ct E, Puyallup

Listing courtesy of Theory Real Estate.

$825,000

2555322 MLS ⋅ ACTIVE Status

Newer 2-story duplex built in 2019. Rare 4 bedroom and a two garage on each side. Each side has 1608 sq. ft. with a 400 sq. ft. attached garage. Vinyl plank flooring on the main level with wall to wall carpet on the upper level. An additional shop has 200 amp service that is separate from the duplex with 320 SF and an additional 160 SF of covered space. Great for living on one side and keep the shop for yourself and renting out the other side. Hardiy plank on all four sides. Road maintenance is $200 per year.

15908 39th Ave East, Tacoma

Listing courtesy of Gateway Real Estate.

$950,000

2555926 MLS ⋅ ACTIVE Status

Prime Investment Opportunity: 6-Plex Cash Cow in Roy, WA! Discover steady income and exceptional value with this 6-unit apartment building features six 2-bedroom, 1-bathroom units on a generous ~1.19-acre lot. Tenants enjoy off-street parking, shared laundry, water/garbage inclusions, and easy maintenance. Roof replaced and re sheeted in 2017. Current rents hover in the $1,300–$1,375 range, with strong occupancy potential. -Proven Performer with Strong Returns -Annual Gross Income: Nearly $100,000 -Cap Rate: 8.4% — outstanding for the area -Reliable rental demand from military personnel. Why Investors Love This Asset -Stable Cash Flow: A true "cash cow" with predictable income and low vacancy risk. -Value-Add Potential: Acreage allows for additional parking, storage, or enhancements. -Appreciation Upside: Proximity to JBLM and regional growth supports long-term gains. -Simple Management: Compact 6-unit layout on one site. Perfect for hands-on investors or those expanding their portfolio with multi-family properties. This is a rare chance to own a performing asset in a military-driven market with built-in equity and strong yields.Don't miss this income-generating gem. Contact us today for details, financials, or a private showing.

9112 336th Street S, Roy

Listing courtesy of Abbey Realty Inc.

$2,137,500

2555633 MLS ⋅ ACTIVE Status

**ALERT** Investment Opportunity in the heart of Lakewood! This well-maintained 8-plex - 100% occupancy with a strong rental history and consistently low vacancy rates. Several units have been thoughtfully updated over time, featuring modern kitchen cabinetry, refreshed bathrooms, updated flooring, and newer water heaters, helping minimize future capital expenditures while enhancing tenant appeal. Situated on a desirable corner lot, the property offers excellent visibility, ample on-site parking, and additional street parking for residents and guests. Pride of ownership is evident throughout with fresh exterior paint, attractive landscaping, and consistent upkeep that contributes to strong tenant retention and long-term investment stability. Ideally located in close proximity to Joint Base Lewis-McChord (JBLM), this property benefits from strong rental demand while offering convenient access to shopping, dining, parks, schools, public transportation, and major commuter routes. A turnkey multifamily asset with proven performance, this 8-plex presents a rare opportunity to acquire a well-maintained, income-producing property in one of Lakewood's most sought-after markets. All kitchen appliances stay, washer/dryer hook ups in all units!

8303 John Dower Road SW, Lakewood

Listing courtesy of RE/MAX Northwest.

$649,999

2555073 MLS ⋅ ACTIVE Status

Welcome to this turnkey triplex offering an exceptional opportunity for investors seeking immediate cash flow. Each of the three 2-bedroom, 1-bath units offers approximately 696 sq. ft. and has been thoughtfully updated. Recent updates in last 5 years include new roof, new septic system, vinyl windows, fencing, and extensive interior renovations throughout the units. Current rents are $1,625/month for Unit 1 and $1,650/month each for Units 2 and 3, plus an additional $150 per month from each tenant toward utilities, creating strong income potential. A shared laundry room, ample off-street parking, and a prime location just minutes from JBLM, I-5, restaurants, shopping, and American Lake make this a true cash-flowing investment and an excellent addition to any portfolio.

8311 Lake Street SW, Lakewood

Listing courtesy of Every Door Real Estate.

$960,000

2555332 MLS ⋅ ACTIVE Status

Priced to sell! If you've been searching for a spacious home in outstanding condition on scenic acreage, this is it! Beautifully maintained and offering approximately 4,000 square feet, this exceptional Edgewood property captures breathtaking valley and Mount Rainier views from most rooms, with spectacular sunrises over the Cascade Mountains and the occasional opportunity to enjoy the Northern Lights from the expansive 60-foot deck. Designed with flexibility in mind, the home features five generously sized bedrooms, 3.5 bathrooms, two full kitchens, expansive living areas, split A/C systems, and a luxurious primary suite with a custom jetted tub. The lower-level guest quarters with a private kitchen offer exceptional versatility and are currently generating $1,500 per month in rental income. The large driveway and garage offer abundant parking for an RV and numerous vehicles, and recent exterior paint and roof updates add lasting value and convenience. Set on peaceful view acreage along a quiet private road with only four homes, this remarkable property offers privacy while remaining just minutes from I-5, Highway 18, Highway 167, shopping, dining, parks, and everyday amenities. This is a home that truly must be experienced in person to appreciate all it has to offer.

4706 Caldwell Road E, Edgewood

Listing courtesy of Redfin.

$499,950

2555082 MLS ⋅ ACTIVE Status

Fabulous location downtown Puyallup, where the City is revitalizing the downtown district for community interest. Walkability to services and restaurants means that these units are always rented! 2 bedrooms and 1 bath with one carport space for each, these units have been incredibly well cared for by the long time owners. The back unit has a huge back yard. Additional income from coin operated laundry of $1200 per year. Great opportunity to own an investment with upside potential. Also a great way to enter the market as a first time homebuyer.. live in one side and rent out the other while gaining equity! PLEASE DO NOT DISTURB TENANTS.

606 8th Street NW, Puyallup

Listing courtesy of Windermere RE West Campus Inc.

$2,000,000

2553708 MLS ⋅ ACTIVE Status

SELLER FINANCING AVAILABLE. The Villa Apartments is a well-located 10-unit apartment building situated in one of Tacoma's most coveted and historically stable submarkets — North Tacoma. Offered to the market for the first time in over 25 years, this is a rare opportunity to acquire a long-held, carefully maintained asset in a neighborhood that consistently commands strong tenant demand and above-average rent growth. The property presents a compelling value-add investment profile, with dated interiors that reflect the building's long-term ownership and offer a clear path to modernization. A strategic renovation program targeting updated finishes, fixtures and exteriors would allow a new owner to drive meaningful rental growth and unlock significant upside in stabilized value. Adding to the opportunity, the seller is offering attractive financing terms, providing qualified buyers with a distinct advantage in today's elevated interest rate environment. North Tacoma's appeal is well established - tree-lined streets, walkable neighborhoods, proximity to the University of Puget Sound, Tacoma's best retail and dining corridors, and consistently low vacancy make it one of the most sought-after multifamily locations in the South Sound.

1115 N 12th Street, Tacoma

Listing courtesy of Kidder Mathews.

$3,400,000

2553466 MLS ⋅ ACTIVE Status

This stunning lakefront property is unlike anything you’ve ever seen! Sited on 700 feet of waterfront and 9.31 acres, this special property is the perfect combination of lakefront luxury and income generating rentals. The hallmark of the property is the lakefront lodge. At more than 4,200 square feet, clad in stone, stucco, slate, and copper, this beautiful home features a main level primary suite, an expansive kitchen, a two-story great room, and an attached ADU/MIL above the three-car garage. Open the three sets of French doors in the great room for a seamless indoor-outdoor flow onto the covered outdoor patio. Enjoy beautiful lake views from nearly every room, especially the elevated ADU which offers two private external entrances and interior access from the main residence. The South-facing shoreline features a picturesque Mount Rainier view. The dock easily accommodates a float plane or large vessel, with an extra motorized float perfect for cruising the lake with friends. Now, the rentals. This single-parcel property includes 7 rental units: two 1-bed duplexes, a 2-bed duplex, and an additional single-family home. These additional residences have all received consistent updates throughout the years and benefits from long-term tenants who would love to stay. Photos of the SFR and one of the duplex units are included in this listing. Gross annual income exceeds $100,000 per year and a rent roll is available upon request. This one-of-a-kind property is as rare as it comes.

1000 Creso Road S, Spanaway

Listing courtesy of COMPASS.

$599,000

2541503 MLS ⋅ PENDING Status

Fantastic duplex opportunity just minutes off the Purdy Spit, set on a full acre with room to breathe. Whether you are looking for an investment property, multigenerational living, or the chance to live in one side and rent the other, this property offers flexibility in a highly convenient Gig Harbor location. One unit features an updated kitchen, and both sides benefit from key improvements including a new roof, newer water heaters, and newer dishwashers. Each unit also has garage space, plus there are two additional outbuildings for storage, hobbies, tools, or workspace. With solid upside potential, generous outdoor space, and easy access to Hwy 16, shopping, schools, and the waterfront, this is a rare chance to secure a duplex on acreage in a sought after location.

13019 13021 94th Avenue NW, Gig Harbor

Listing courtesy of Real Broker LLC.

$760,000

2538890 MLS ⋅ ACTIVE Status

$10,000 Interest Buy Down/New Improved Price.Turn Key Asset in the Heart of the Coveted Proctor District (2 Blocks off Proctor) with Serious Period Charm. Main Floor Spacious Unit includes 2 Bedroom and 1 Bath, Living and Dining areas, and French Doors to the Large Covered Deck Overlooking a Lovely Landscaped and Private and Fully Fenced Backyard. The Lower Living Area can be accessed from Main Floor Unit and also has private entrance. It could be used for Guests or Multi-generational, Flex space or Airbnb and Includes Kitchenette, 3/4 bath, Living area, and Non Conforming Bedroom. Upper Unit has 2 Bedroom/1 Bath, Private Deck and is presently occupied with Long Term Happy Tenant on Month to Month Tenancy at $1725/mon. All Units have been Updated and All Have W/Ds. Roof is 3 Years Young, Elec was updated between 2006 and 2010. This Versatile Turn Key Property has so much to Offer both Seasoned Investor or Owner Occupants.Zoning Allows for More Units, Convert Existing Garage to DADU (Buyer to Verify). Proforma Market Rent for Main Floor and Lower Level at $3000/mon. Large 2 Car Oversized Garage with Work Bench Area/Potting Area and Plenty of Shelving & can Provide Additional Income. It has been Rented in the past for $250/month. Always Maintained.Great Opportunity to own a Multi Unit in this Desirable Neighborhood. Walk to Sat Farmer's Market, UPS, Cafes, Wine Bar, Dining and Met Market.Mason Middle School, Stadium HS and Hoyt Elementary are all Highly Rated Schools.

3609 N 26th Street, Tacoma

Listing courtesy of Windermere Prof Partners.

$900,000

2550841 MLS ⋅ PENDING Status

Exceptional investment opportunity in Tacoma's rapidly evolving Downtown! This income-producing triplex offers immediate income potential and outstanding long-term upside. The property features three separate units, three garage spaces and convenient alley access. Situated on a 6,500-square-foot lot within Tacoma's Neighborhood Residential Mixed-Use (NRX) zoning district, the property offers exciting value-add and future redevelopment possibilities (buyer to verify). Built in 1910, this classic investment property combines timeless character with modern investment potential. Ideally located just minutes from Downtown Tacoma, major hospitals, the light rail, the University of Washington Tacoma campus, restaurants, shopping, and I-5, tenants enjoy exceptional convenience and accessibility. Sidewalks, public transportation, and a highly walkable location further enhance tenant appeal. Whether you're looking to expand your portfolio, owner-occupy while generating rental income, or capitalize on Tacoma's continued growth, this is a rare opportunity to own a versatile income property in one of the city's most sought-after redevelopment corridors.

820 S J Street Unit #A B C, Tacoma

Listing courtesy of John L. Scott Woodinville.

$949,900

2550856 MLS ⋅ ACTIVE Status

Well-located mixed-use investment opportunity in Tacoma’s highly desirable 6th Avenue District. The property consists of two residential apartment units, two street-level retail spaces, and a large secured storage area with alley access, offering multiple income streams and flexibility for an owner/user or value-add investor. One retail space of approximately 750 SF is currently available, providing upside through lease-up or owner occupancy.Situated along one of Tacoma’s most vibrant commercial corridors, the property is surrounded by popular restaurants, coffee shops, live music venues, boutique retail, and professional services. Its close proximity to the 97-acre University of Puget Sound campus supports strong and consistent demand from students, faculty, and neighborhood residents. Zoned NCX, the asset benefits from favorable mixed-use zoning in a walkable, high-traffic location with long-term appreciation potential.

3825 6th Ave, Tacoma

Listing courtesy of Lee & Associates Commercial RE.

$435,000

2547437 MLS ⋅ PENDING Status

Fantastic investment opportunity in the heart of Parkland! This well-maintained duplex offers immediate income with plenty of upside potential. Both units have seen updates, making this an attractive option for tenants while minimizing near-term maintenance. Whether you're looking to expand your rental portfolio or live in one unit while renting the other, this property offers flexibility and long-term value. With strong rental demand in the area, there's an excellent opportunity to increase rents over time as leases renew and continue maximizing your return. Conveniently located near schools, shopping, dining, parks, and major commuter routes, this is an investment you won't want to miss. Don't miss your chance to own a solid income-producing property in a desirable Parkland location! Easy option to live in one side and rent out the other. Get your mortgage paid!

1208 111th Street S, Tacoma

Listing courtesy of Century 21 Blue Chip.

$549,900

2549574 MLS ⋅ PENDING INSPECTION Status

Turnkey Duplex Opportunity in Tacoma’s Fern Hill District! Ideal for owner-occupants looking to live in one unit and rent the other, or investors seeking a fully updated, income-producing property. This 1981 duplex has been thoughtfully remodeled with modern finishes throughout, including hardwood and tile flooring, solid core doors, updated countertops, and stylish stone backsplashes. Each unit features a new Samsung stainless steel 4-piece appliance suite and efficient 18K BTU mini-split systems for heating and cooling. Exterior upgrades include new siding and fresh interior and exterior paint. The property offers a fully fenced yard, privacy gate, and 3–4 off-street parking spaces—perfect for tenants or multi-vehicle households. Zoned C1, this property also presents future development or expansion potential, adding long-term upside for savvy buyers. Conveniently located near amenities, schools, and commuter routes. A rare blend of comfort, cash flow, and opportunity! Seller giving up to $5000 towards rate buy down! See today!

8314 S Park Avenue, Tacoma

Listing courtesy of Triwood Realty.

$665,000

2549012 MLS ⋅ PENDING Status

Welcome to a home that offers more than just space—it offers possibilities. This beautifully updated 5-bedroom, 2-bath home features over 2,400 square feet with a versatile layout that's perfect for multigenerational living, extended guests, rental space or added flexibility. The main level welcomes you with an open-concept great room, an updated kitchen with stainless steel appliances and granite countertops, and French doors leading to an expansive deck where you'll enjoy breathtaking territorial and sunset views. Downstairs, a fully finished lower level with its own kitchen, living area, bedrooms, full bath, and private entrance creates the ideal space for loved ones or long-term guests. Thoughtful updates throughout, including a newer roof, flooring, paint, and finishes, make this home truly move-in ready. Located in the charming community of Milton, you'll enjoy the perfect balance of small-town living with convenient access to Tacoma, Seattle, and major commuting routes. Whether you're looking for room to grow, a home that brings generations together, or simply a place to make lasting memories, this property is ready to welcome you home.

405 14th Avenue, Milton

Listing courtesy of Real Broker LLC.

$600,000

2548777 MLS ⋅ ACTIVE Status

Rare Income Producing Duplex on 1.13 Acres! Exceptional investment opportunity featuring two 2 bedroom, 1 bath units, each offering approximately 1,112 SqFt of living space. Both units are currently occupied, generating $1,630 per month per unit in rental income. Each unit is served by its own power, water and separate 1,125-gallon septic system, and the property includes two additional 1,125-gallon septic tanks, offering potential for future opportunities. This property provides a unique combination of steady cash flow, usable land, and long-term upside. An excellent opportunity for investors looking to expand their portfolio or those seeking a quality multifamily asset with immediate income and future potential.

24810 24808 78th Avenue E, Graham

Listing courtesy of Keller Williams Realty.

$1,200,000

2548507 MLS ⋅ ACTIVE Status

First time on the market... 2 University Place Duplexes on 2 separate parcels. (5208 / 5210 & 5214 / 5216) Each unit is approx 996 sf, 2 bedrooms, 1.75 baths/ea., 1 car garages, washer & dryer in ea unit, wood burning fireplace. Living area, kitchen, dining & 1/2 bath on the main floor. 2 bedrooms & 1.25 bath below. Semi Private setting with only these 4 units on the Dead End road. 2 units are vacant, 2 are rented at under market value. Please do not view without a real estate broker Please do not bother tenants.

5208 63rd Avenue Ct W, University Place

Listing courtesy of Engel & Volkers Chambers Bay.

$520,000

2546792 MLS ⋅ ACTIVE Status

Investor Opportunity – Mobile Home Community with Significant Upside Potential! Rare chance to acquire a mobile home community consisting of 5 mobile home sites across 3 tax parcels, featuring 4 existing homes in a cul-de-sac, including 1 park-owned home, plus 1 vacant site ready for a new home. The current owner is highly motivated to sell. Tenants have not paid rent in over a year, there are currently no leases in place, and tenants prefer to remain due to the high cost of relocating their homes, creating a unique opportunity for new ownership to restructure operations and improve performance. The property includes 5 septic systems and 2 shared wells and is being sold As-Is, Where-Is. With full flexibility to implement new management, lease structures, rent collections, community improvements, and potential expansion, this property offers substantial value-add potential for experienced investors. A large vacant area provides additional opportunities for a new home, owner occupancy, or future development. Whether your goal is to stabilize and grow the existing community or create a new vision for the property, this is a rare opportunity to purchase and reposition an entire mobile home community with significant upside.

20106 2nd Avenue E, Spanaway

Listing courtesy of Every Door Real Estate.

$925,000

2547346 MLS ⋅ ACTIVE Status

Rare investment opportunity on over 1 acre with Puyallup River frontage and a strong rental history. This income-producing property features a duplex plus a detached unit, offering three separate rental opportunities on one parcel. Each side of the duplex provides 1388 square feet with 2 bedrooms, a bonus room, 2 bathrooms, attached garage, private fenced backyard, and deck for outdoor enjoyment. The detached 672 square foot unit includes a 2-car garage, creating additional flexibility for rental income or owner occupancy. Recent improvements of over $100k include replacement of all plumbing within the duplex, helping reduce future maintenance concerns. The spacious lot offers a desirable riverfront setting with direct bank access and room to enjoy the natural surroundings. Tenants appreciate the privacy afforded by separate outdoor spaces and the convenience of individual garages. Ideally located with quick access to SR-512 and SR-167, this property provides convenient commuting options while maintaining a peaceful setting. Whether you're looking to expand your investment portfolio, pursue a house-hacking opportunity, or acquire a multi-unit property with established income, this offering presents exceptional potential. Buyer/buyer agent to verify all information to own satisfaction. Appointment Required. DO NOT DISTURB TENANTS.

6808 112th Avenue E, Puyallup

Listing courtesy of John L. Scott/Yelm.

$1,425,000

2546564 MLS ⋅ ACTIVE Status

Fully occupied, freshly upgraded, and sitting on a path of undeniable growth. The unit mix is exactly what tenants want: two spacious 3-bed/1-bath units and two 1-bed/1-bath units, each with covered porches, hardwood and fir floors, original built-ins, and gas forced air heat. Two units feature updated kitchens with stainless appliances and newer cabinetry.The heavy lifting is already done. A new water supply line, all-new supply plumbing, new sewer line, two new 80-gallon water heaters, and new furnaces mean a new owner steps into a mechanically sound asset with minimal deferred maintenance and maximum peace of mind.A five-bay garage off the alley represents untapped monthly income sitting largely uncaptured in the current rent roll, a straightforward path to pushing NOI higher without touching a single unit. Fully fenced backyard, unfinished basement with shared laundry, open storage, and four individual storage units round it out.Easy access to Tacoma's new light rail, Wright Park, and the medical center puts this property directly in the path of the city's most significant growth corridor. Proven tenancy. Turnkey systems.

315 N L Street, Tacoma

Listing courtesy of COMPASS.

$639,000

2498906 MLS ⋅ PENDING Status

Beautifully maintained legal duplex just one block from Tacoma's vibrant 6th Avenue District, offering walkable access to popular restaurants, coffee shops, shopping & nightlife. Both units are vacant & professionally staged, offering immediate occupancy for owner-occupants or the opportunity for investors to select their own tenants & lease both units at current market rents. The spacious 1,657 SF main-level unit lives like a single-family home with 3 bedrooms & 1.5 baths, while the upper unit features 807 SF with 1 bedroom & 1 bath. Pride of ownership is evident throughout with outstanding curb appeal, mature landscaping, a welcoming covered front porch, updated plumbing & electrical, newer electrical panels, newer windows throughout & a roof less than 10 years old. Zoned UR-2 on a corner lot with alley access, offering added long-term flexibility & future development potential (buyer to verify). Conveniently located near the University of Puget Sound, Ruston Way, Point Defiance, downtown Tacoma & major commuter routes including Hwy 16 & I-5. Rare opportunity to offset your mortgage with rental income or add a turnkey investment in one of Tacoma's strongest rental markets.

2918 AB S 7th Street, Tacoma

Listing courtesy of Real Broker LLC.

$599,000

2546499 MLS ⋅ ACTIVE Status

Well-maintained duplex offering two residential units with approximately 2,090 total square feet on a fully fenced 0.38-acre lot. Built in 1991, the property includes updated kitchen and bathroom countertops in unit 10010, laminate flooring, stainless steel appliances, fireplaces, newer siding, and updated crawlspace insulation in both units. Covered porch and four parking spaces provide additional functionality for occupants and guests. Public water and sewer service. Located on a dead-end street with convenient access to major commuter routes, shopping, dining, and everyday services. Residential income property suitable for owner-occupants or investors seeking a two-unit property. Functional floor plans & usable outdoor space.

10010 15th Avenue Ct E, Tacoma

Listing courtesy of John L. Scott R.E.Tacoma North.

$729,500

2531995 MLS ⋅ PENDING Status

Welcome to this Rare one-level duplex in Edgewood, nicely maintained, unique setting on a large landscaped level lot that is tucked away inside a peaceful cul-de-sac. Truly turnkey ready! Each unit is a mirror image of the other. Each with 2 bedrooms, 1 bath, 1 fireplace, 1-car garage. Long Term Tenant on the right has lived here 10 years & would like to stay, is month to month at this time. Sellers have lived on the left for 30 years and have had only 3 months total with the right side vacant! Buyers may view the Seller's Side now and will need to be Mutual with a 48 hour notice to Tenant to view the other side. Great Location!

10525 10527 24th Street Ct E, Edgewood

Listing courtesy of Windermere RE West Campus Inc.

$1,345,000

2540292 MLS ⋅ ACTIVE Status

Discover this rare, turnkey 3-unit gem in North Tacoma’s classic Old Town neighborhood, surrounded by $1M+ homes. The views of Commencement Bay & Vashon Isl from both front units are stunning. The property operates as short- & mid-term rentals (STR/MTR) & is fully furnished. Superhost status, strong positive online reviews & many repeat bookings. This property perfectly blends lifestyle luxury with strong income potential, making it ideal for STR/MTR investors. Alternatively, it's perfect for owner-occupants seeking a smart house-hack or multi-generational living setup. Live in one unit while generating income from the others. This location features a stacked duplex with mirrored 2bd/2.5ba units up front incl full w/d & each bedroom has a private bath suite. New $18k ductless mini-split heat/AC for Unit B in 2026. The 3rd unit is a studio under the garage off the alley. New composite deck in 2025. Located in a vibrant area near Ruston's waterfront, amenities, and attractions, yet tucked into an upscale enclave. This 3-unit property is a low-maint, high-reward opportunity in a market where quality multifamily with unobstructed views are scarce. The sellers have loved owning this gorgeous & stylish property. Their time to scale back is your golden opportunity to continue its operation or make it your own. Don’t miss this chance to own a beautiful, income-generating property in one of Tacoma’s best locations! Additional details & financials available to serious inquiries only.

2726 N 30th Street, Tacoma

Listing courtesy of Multifamily Properties.

$495,000

2544777 MLS ⋅ ACTIVE Status

Opportunity meets flexibility with this fully occupied duplex in the heart of Parkland! Whether you're an investor seeking strong cash flow or a first-time buyer looking to offset your mortgage by living in one unit and renting the other, this property offers exceptional potential. Each unit features 2 bedrooms and 1 bathroom, recently refreshed interiors, kitchen appliances included, and separate driveways for added convenience and privacy. Situated on a large corner lot, both units enjoy their own spacious, fully fenced backyard...an attractive feature for tenants and owner-occupants alike. Ideally located near Pacific Lutheran University, shopping, major freeways, and Joint Base Lewis-McChord, this property benefits from a highly desirable rental location. A newer roof installed within the last few years adds peace of mind, while the low-maintenance design and established rental history make ownership easy. With affordability, full occupancy, reliable income, and prime upside potential, this duplex is a smart addition to any investment portfolio and an excellent opportunity for buyers looking to build wealth through real estate.

1644 120th Street S, Tacoma

Listing courtesy of John L. Scott Dupont.

$599,450

2544370 MLS ⋅ ACTIVE Status

Turn Key Duplex on large lot in the desirable Puyallup School District with NEW roof and exterior paint. This super well maintained duplex is truly ready to go! Live in one side and rent out the other and enjoy the amazing long term renters! Both sides offer 2 bed, 1.5 baths and attached garage with tons of storage and workshop area. Cul - de - sac location is ideal for enjoyment and parking. The quiet Waller community offers access to award winning schools and easy commute to JBLM, Tacoma, or even Seattle with a sounder station nearby. Opportunities are endless and the investment value is undeniable! Please respect our fantastic tenants privacy but don't hesitate to call the listing agent with all your questions!

6616 6618 51st Avenue E, Tacoma

Listing courtesy of At Home WA Realty Group.

$580,000

2544872 MLS ⋅ ACTIVE Status

Investment Opportunity! Rear one level Duplex situated at the back of a quiet dead-end street. Very well maintained property featuring a newer roof and water heaters (both changed in 2022), significantly reducing your future capital expenditures. Both units are 2 bd 1 bth, with WD hookups. Both currently occupied by exceptionally long-term tenants (26 and 16 years) on a month-to-month basis and are eager to stay, providing a new owner with guaranteed income and zero turnover costs.

7909 -7911 114th St Court E, Puyallup

Listing courtesy of Skyline Properties, Inc..

$550,000

2545120 MLS ⋅ ACTIVE Status

Updated duplex offering a great opportunity for both investors and owner occupants. Each unit features 2 bedrooms upstairs, a spacious living room, and a remodeled kitchen with quartz countertops, new cabinetry, and updated flooring on the main level. Both units include a full bathroom and an in-unit washer and dryer. The property features durable Hardie Plank siding and has been recently improved with a new roof installed six months ago, fresh interior paint throughout both units, and new carpeting throughout the upstairs bedrooms hall and staircase. Thoughtfully updated and well-maintained, this duplex is move-in ready and offers strong rental appeal.

1205 N 11th Street, Tacoma

Listing courtesy of Windermere Prof Partners.

$848,112

2544830 MLS ⋅ ACTIVE Status

SELLER FINANCING AVAILABLE Located in one of North Tacoma's thriving neighborhoods, this well maintained 5 unit building (four 1 bedroom units plus one studio) offers strong rents, long term tenant occupancy, and excellent upkeep throughout. Just minutes from downtown Tacoma, hospitals, transit, and top amenities, this is a rare find in one of the West Coast's fastest growing rental markets. Value add potential is built in: add W/D hookups to the larger units, and consider finishing part of the basement to create a 6th income producing unit (buyer to verify feasibility). Whether you're a seasoned investor or just getting started, this property offers a strong income base with room to grow. Don't miss this one. OWNER FINANCING AVAILABLE — ask about flexible terms!

1901 N Fife Street, Tacoma

Listing courtesy of Real Broker LLC.

$699,999

2544598 MLS ⋅ ACTIVE Status

Excellent investment opportunity! This fully fenced townhome-style duplex is tucked away on a quiet dead-end street, offering privacy, convenience, and strong income potential. Each spacious 1,200 SF unit features 3 bedrooms, 1.5 baths, a full-size kitchen, comfortable living room with a cozy fireplace, attached 1-car garage, and a primary suite with a large walk-in closet. Enjoy outdoor living with a nice deck and large fully fenced yard—perfect for entertaining, pets, or play. A new septic system provides added peace of mind and minimal maintenance. Generate immediate income with current tenants already in place or take advantage of the ideal owner-occupied investment opportunity. Enjoy the tranquility of a peaceful rural setting while remaining just minutes from Highway 512, JBLM, schools, shopping, and restaurants.

7903 115th Street E, Puyallup

Listing courtesy of Windermere RE South Sound, Inc.

$580,000

2544523 MLS ⋅ ACTIVE Status

Opportunity awaits with this well-located Lakewood duplex offering flexibility for both investors and owner-occupants. The vacant upper unit features approximately 1,284 square feet with 3 bedrooms and 1.75 bathrooms and is move-in ready, making it ideal for an owner occupant or for immediate rental income. The lower unit offers 2 bedrooms and 1 bathroom and is currently tenant occupied, providing existing income from day one. Each unit includes its own one-car garage, laundry hookups, washer and dryer, and ample onsite parking. The interiors of both unites were renovated, and the upper 3 bedroom unit has remained vacant since renovations were done. Property was inspected and passed the Lakewood Rental House Safety Program (RHSP). Tenants pay their own utilities, helping keep operating expenses low. With reasonable market rents on the upper unit, the property offers a projected 5.5% cap rate. Conveniently located near shopping, schools, major freeways, and JBLM, this duplex presents an excellent opportunity to add to your investment portfolio or offset your housing costs by living in the spacious upper unit while generating income from the lower level.

2604 92nd Street S Unit #A/B, Lakewood

Listing courtesy of COMPASS.

$599,900

2544520 MLS ⋅ ACTIVE Status

Craftsman-style duplex offering flexibility for investors or owner-occupants. The main level unit features 2 bedrooms, 1 bath, original fir/softwood floors, & vinyl flooring in the kitchen, bath, & laundry areas. The lower unit also offers 2 bedrooms & 1 bath with laminate and vinyl flooring throughout, & has new stove and dishwasher. Both units will be vacant, creating an opportunity for market rents or owner occupancy. The lower unit recently rented for $1,900 per month, and projected rents of approximately $1,800 per unit may provide an estimated 6% cap rate. Both unites received interior renovations, and the upper 2 bedroom unit has remained vacant since renovations were done. Property was inspected and passed the Lakewood Rental House Safety Program (RHSP). The property is served by a functioning septic system currently rated for three bedrooms, with sewer available in the street for future connection. Pierce County sewer charges are included on the utility bill & passed through to tenants along with utilities. The furnace & water heater are shared and located in the basement. The large lot offers ample off-street parking plus street parking. A detached garage/storage building provides additional potential & may benefit from repairs or improvements. Conveniently located near I-5, JBLM, schools, and Tillicum amenities, with larger shopping and grocery options just minutes away in Lakewood. Ideal for investors, rental income, or living in one unit while renting the other.

8601 8603 Maple Street SW, Lakewood

Listing courtesy of COMPASS.

$975,000

2541334 MLS ⋅ PENDING INSPECTION Status

Beautifully Maintained, Updated duplex offering breathtaking Puget Sound and Olympic Mountain views. Family-built, well-cared for and thoughtfully managed, this property reflects true pride of ownership and stewardship throughout. Each unit features 2 levels, 3 bedrooms, 2 bathrooms, one attached garage and a 1-car detached garage, providing the feel and functionality of a single-family home with strong tenant appeal. Recent capital improvements include both units fully renovated with quality finishes and modern updates. Rents remain significantly below current market levels, presenting an outstanding opportunity for future income growth and enhanced cash flow. Large windows capture panoramic water and mountain views, creating a living experience rarely found in multifamily properties. Located in a highly desirable University Place rental market with strong demand, this duplex offers a unique combination of quality construction, exceptional views, and value-add potential. An outstanding opportunity for investors seeking stable income, future appreciation, and long-term wealth creation.

1917 -1919 Willow Lane W, University Place

Listing courtesy of Keller Williams Rty Tacoma.

$975,000

2541333 MLS ⋅ ACTIVE Status

Beautifully Maintained Duplex offering breathtaking Puget Sound and Olympic Mountain views. Family-built, well-cared for and thoughtfully managed, this property reflects true pride of ownership and stewardship throughout. Each unit features 2 levels, 3 bedrooms, 2 bathrooms, one attached garage and a 1-car detached garage, providing the feel and functionality of a single-family home with strong tenant appeal. Recent capital improvements include one fully renovated unit with quality finishes and modern updates. Rents remain significantly below current market levels, presenting an outstanding opportunity for future income growth and enhanced cash flow. Large windows capture panoramic water and mountain views, creating a living experience rarely found in multifamily properties. Located in a highly desirable University Place rental market with strong demand, this duplex offers a unique combination of quality construction, exceptional views, and value-add potential. An outstanding opportunity for investors seeking stable income, future appreciation, and long-term wealth creation.

1911 -1915 Willow Lane W, University Place

Listing courtesy of Keller Williams Rty Tacoma.

$700,000

2542529 MLS ⋅ ACTIVE Status

Investor opportunity or ideal owner-occupant property with income potential! Well-maintained duplex featuring two spacious units, each offering 3 bedrooms, 2 bathrooms, and approximately 1,042 square feet. Both units include full kitchens with range/oven, refrigerator, dishwasher, and dedicated washer/dryer hookups—a highly desirable feature for tenants and owner occupants alike. Currently generating $1,700 per month per unit, providing strong and consistent rental income.Situated on a large usable lot with ample outdoor space, storage shed, and plenty of parking. Private well and septic system help keep monthly utility expenses predictable and affordable, enhancing overall cash flow. Live in one unit and offset your mortgage with rental income from the other, or add a solid income-producing asset to your investment portfolio.Conveniently located with easy access to nearby amenities while offering a peaceful country setting. Strong rental history, functional floor plans, and attractive income make this a rare opportunity for investors and owner-occupants seeking flexibility, affordability, and long-term value.Current Gross Rental Income: $3,400/month ($40,800 annually).

30517 -19 Webster Road E, Graham

Listing courtesy of 1% Lists Pacific Northwest.

$1,070,000

2542836 MLS ⋅ ACTIVE Status

Price Improvement at a 6 cap! Exceptional multifamily investment opportunity located at 1006 - 1010 on desirable Pioneer Avenue, this meticulously maintained triplex offers three spacious 2-bedroom, 1-bath units, each with its own attached one-car garage and additional on-site parking. The property has been thoughtfully updated and features well-appointed interiors that appeal to today's renters. Unit 1010 is equipped with an energy-efficient heat pump providing both heating and air conditioning, while the remaining units feature forced-air natural gas heat. A durable metal roof and consistent upkeep throughout reflect true pride of ownership and help minimize maintenance concerns. Tenants enjoy convenient access to Downtown Puyallup's shops, restaurants, parks, schools, and commuter routes, making this a highly desirable rental location. Whether you're looking to add a stable income-producing asset to your portfolio or seeking a quality investment in a strong rental market, this property offers an attractive combination of cash flow potential, excellent condition, and long-term value. Rarely does a turnkey triplex of this caliber become available in such a prime Puyallup location.

1010 W Pioneer, Puyallup

Listing courtesy of Cascade Properties & Invest..

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