Pierce WA Multi-Family Real Estate, Homes for Sale

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.

16421644 120th Street S, Tacoma

Listing courtesy of John L. Scott Dupont.

$595,000

2545817 MLS ⋅ ACTIVE Status

This highly desirable, fully occupied (owners lived in 11215) duplex-rambler on a quiet dead-end street offers a rare turnkey opportunity with upgraded infrastructure and an exceptional track record of zero historical vacancies. Situated in a prime South Hill location near Costco, shopping, and major commuter routes (Hwy 512 & 167), each spacious unit features a functional 2-bedroom, 1-bathroom layout complete with a private 1-car garage, in-unit laundry, brand new electric panels, and dedicated patio space. The property sits on a sunny, private lot bordered by mature trees, boasting a fully fenced backyard with a deck ideal for gardening and outdoor enjoyment. With reliable resident tenant of nine years—and recent updates including new kitchen and entry flooring, a new dishwasher in unit 11215, and fully updated electrical panels, this low-maintenance property is perfectly positioned to generate immediate, stable cash flow for its next owner.

11215 89th Avenue Ct E, Puyallup

Listing courtesy of Skyline Properties, Inc..

$639,450

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.

$2,375,000

2545296 MLS ⋅ ACTIVE Status

Rare Edgewood investment opportunity offering immediate income and future upside on approximately 5 acres. This 5-unit property includes two duplexes with identical layouts plus a single-family home. Each duplex unit features 2 bedrooms, 1.5 baths, ~1,470 SF, 2-car garage, and laundry. Main level offers entry, living room with fireplace and patio access, kitchen, dining, and half bath. Upstairs includes 2 bedrooms with Jack-and-Jill full bath and private vanity areas. Ground level provides garage and storage. Single-family home is a 1 bed, 1 bath with full basement. Extensively upgraded with new electrical and plumbing, providing a strong foundation for long-term ownership. Spacious units offer value-add potential through cosmetic updates and rent increases. Tenants pay electricity and gas; landlord pays water and sewer. Ideally located near commuter routes, shopping, and employment centers—an excellent opportunity for investors seeking both stability and growth.

2421 98th Avenue Ct E, Edgewood

Listing courtesy of Windermere RE South Sound, Inc.

$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..

$575,000

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.

$710,000

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.

$534,900

2540511 MLS ⋅ PENDING Status

Solid turnkey duplex on a large .33-acre corner lot. Each spacious 2-bedroom, 1-bath unit offers approximately 900 SF and features an attached garage, in-unit laundry, and a large fully fenced backyard. Well maintained with strong curb appeal, a newer roof, recently upgraded electrical panels, and fresh paint and flooring in the vacant unit. One unit was intentionally left vacant following recent long-term tenant turnover, providing easy showing access and a rare opportunity for owner-occupant buyers looking to offset their mortgage with rental income. The second unit is occupied by a long-term month-to-month tenant paying below-market rent, offering additional value-add potential. Located in unincorporated Pierce County, offering investors an alternative to properties within Tacoma city limits and not subject to Tacoma's Rental Housing Code. Conveniently located near JBLM, PLU, shopping, schools, and major commuter routes.

930 138th Street E, Tacoma

Listing courtesy of Real Broker LLC.

$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, and vinyl flooring in the kitchen, bath, and laundry areas. The lower unit also offers 2 bedrooms and 1 bath with laminate and vinyl flooring throughout. 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 and passed through to tenants along with utilities. The furnace and 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 and 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.

$659,950

2543640 MLS ⋅ ACTIVE Status

Discover the perfect house-hack or multi-generational living opportunity in Tacoma’s Fern Hill neighborhood. Beautifully remodeled, this home with an attached dwelling living like a duplex, giving you flexible options: live in one unit and rent the other, rent both, or keep loved ones close with separate, private spaces. The front unit features 2 bedrooms, 1 updated bathroom, its own washer/dryer hookups, luxury vinyl plank flooring, modern soft-close white cabinets, quartz counters, tile backsplash, and stainless steel appliances. A large front yard and driveway parking for 2 cars make it feel like its own standalone home. The back unit offers 3 bedrooms and 1 updated bathroom, with large windows that bring in abundant natural light, its own laundry hookups, and parking for up to 3 cars in the back area. The entire property is fully fenced with thoughtfully separated yard spaces for the front and back, ideal for pets, play, gardening, and outdoor entertaining while preserving privacy for each household. With a newer roof, siding, gutters, and furnace, much of the heavy lifting is already done. All of this is centrally located just minutes from Fern Hill’s local shops, restaurants, parks, grocery options, and convenient commuter routes, making it highly attractive to both future tenants and owner-occupants alike.

8823 S Yakima Avenue, Tacoma

Listing courtesy of COMPASS.

$699,000

2543619 MLS ⋅ ACTIVE Status

TWO DWELLINGS on ONE LOT! That's less than $350,000 for each home! Perfect for Homeowners or Investors! Beautifully updated property featuring a 2,010 sf main home plus a new-construction 983 sf DADU at 815B S 96th St, Tacoma, WA 98444, located at the end of the private driveway for added privacy. Conveniently close to shopping, recreation, JBLM, and easy freeway access. The main home offers a freshly painted interior, a bedroom on the main floor, and an oversized covered deck ideal for year-round indoor-outdoor living, entertaining, or relaxing. Upstairs includes four additional bedrooms, with the primary suite featuring a Jack-and-Jill bathroom. The detached DADU is thoughtfully designed with stainless steel appliances, mini-split heating and cooling throughout, and two bedrooms, the primary has with its own en-suite bathroom. Perfect for rental income, possible short or mid term rental, multi-generational living, sober living, or owner-occupant flexibility. A rare opportunity to live in one home and rent the other. Roof and attic insulation was replaced June 2026 at the house in front.

815 S 96th Street, Tacoma

Listing courtesy of eXp Realty.

$1,000,000

2541334 MLS ⋅ ACTIVE 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.

$1,000,000

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.

$1,100,000

2542836 MLS ⋅ ACTIVE Status

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..

$999,000

2542869 MLS ⋅ ACTIVE Status

Four Units!! Exceptional investment opportunity featuring a well-maintained fourplex situated on a spacious corner lot. Each thoughtfully designed unit offers 2 bedrooms and 2 bathrooms, including a private ensuite in the primary bedroom. Inviting living rooms feature cozy fireplaces, while bright kitchens with dining areas overlook the backyard. Sliding glass doors provide seamless access to private patios, creating an appealing indoor-outdoor living experience. Each unit also includes a dedicated laundry room and an attached one-car garage. Conveniently located near schools, shopping, dining, parks, and major commuter routes, this property offers strong rental appeal in a highly desirable location. Functional floor plans, spacious living areas, and a sought-after location make this an excellent opportunity for investors seeking a quality income-producing property.

15408 74th Avenue E, Puyallup

Listing courtesy of Keller Williams Rty Tacoma.

$774,000

2541767 MLS ⋅ CONTINGENT Status

Exceptional Duplex Investment Opportunity on Over ½ Acre – No HOA! Welcome to this fully fenced rambler-style duplex situated on a quiet cul-de-sac in a desirable rural setting. Each spacious 1,300-square-foot unit offers a functional floor plan featuring 2 bedrooms, a flexible bonus room (office? gym? dining room, other?), 2 full bathrooms, full kitchen, dining area, family room, primary suite, gas fireplace, utility room with sink and cupboards, private patio, large front porch, and oversized attached 2-car garage with room for storage. Both units have recently updated luxury vinyl plank (LVP) flooring!Ideal for investors seeking immediate cash flow, this income-producing property includes an established tenant, making it a turnkey rental opportunity. Also perfect for owner-occupants looking to offset their mortgage by living in one unit while generating rental income from the other.Enjoy the best of both worlds—peaceful country living with no HOA restrictions and convenient access to Hwy 512, JBLM, shopping, dining, schools, and everyday amenities. With strong rental potential, a generous ½+ acre lot, ample parking, flexible living options, and no HOA, this South Hill duplex is an opportunity you won't want to miss!

11002 11004 72nd Avenue E, Puyallup

Listing courtesy of Berkshire Hathaway HS NW.

$1,375,000

2540936 MLS ⋅ ACTIVE Status

Rare mixed-use investment opportunity offering the ideal blend of commercial visibility and residential income. This well-maintained property features a beautifully updated storefront with display windows, lobby, kitchen, and bathrooms - perfect for an owner-user or a variety of retail, office, or service businesses. Behind the commercial space are 4 units of varying sizes, including a spacious 3 bed/2 bath apartment ideal as an owner’s residence or premium rental. Interiors have been thoughtfully updated while maintaining character, creating attractive living spaces that tenants love. Amenities include on-site coin-operated laundry, basement storage, & off-street parking spaces. A corner lot with excellent street visibility create a lasting appeal for both commercial & residential tenants, helping support long-term occupancy. Strong income history with room for future upside makes this an outstanding addition to any portfolio, while the live/work potential offers flexibility that’s increasingly difficult to find. Located in Tacoma’s vibrant Three Bridges/North Tacoma neighborhood, you’ll enjoy a highly walkable setting surrounded by popular coffee shops, local restaurants, boutiques, salons, parks, and neighborhood services. Just minutes from the University of Puget Sound, Proctor District, 6th Avenue, Ruston Way waterfront, and major commuter routes, this location continues to attract both residential tenants and thriving local businesses.

2102 -2108 N Oakes Street, Tacoma

Listing courtesy of Keller Williams Rty Tacoma.

$485,000

2542643 MLS ⋅ ACTIVE Status

Brand new exterior paint job. Offer now! Well located duplex close to PLU and freeway. Each unit has washer & dryer, Patio off kitchen with fenced back yard. Units have been well maintained. EZ to rent. Unit 1703 has been repainted inside and has new floors. No For Sale sign per owner's request.

1701 1703 Garfield Street S, Tacoma

Listing courtesy of Crescent Realty powered by KW.

$998,750

2541782 MLS ⋅ ACTIVE Status

Turnkey investment opportunity in one of Lakewood's most sought-after rental pockets. This well-maintained fourplex features four 2BD/1BA units with in-unit washer/dryers. Three units are remodeled, leaving the fourth for immediate value-add upside. Excellent location just minutes from Joint Base Lewis-McChord (JBLM), Mount Tahoma High School, and Interstate 5. The property offers strong rental demand. Ample off-street parking and private patios complete an already compelling package. A rare chance to step into a largely stabilized asset with built-in growth potential - whether you're a seasoned investor or expanding your portfolio.

5607 76th Street W, Lakewood

Listing courtesy of Every Door Real Estate.

$790,000

2542334 MLS ⋅ ACTIVE Status

**Rare opportunity!** Spacious duplex on a large, level lot with an incredible amount of parking for each unit, including attached garages, abundant off-street parking, dedicated RV parking, and more. Perfect for investors or owner-occupants seeking flexibility and strong income potential. Double win on qn improved pricing AND newly renovated Unit A. **Unit A** has been tastefully updated on July 2026 with luxury vinyl plank flooring, fresh interior paint, an updated primary vanity, and more. **Unit B** is even larger and currently rented, providing immediate income. Unlike many duplexes, each unit lives like a single-family home with a bedroom, full bath, living room, and kitchen on the main floor, plus an oversized primary suite upstairs. Separate water and electric meters add convenience, while the well-maintained property offers attractive landscaping and generous outdoor space. Conveniently located near downtown Puyallup, shopping, dining, parks, transit, and major commuter routes. A rare investment opportunity with immediate cash flow and long-term upside.

219 7TH Street NE, Puyallup

Listing courtesy of Pellego, Inc..

$774,999

2541677 MLS ⋅ ACTIVE Status

Rare Gig Harbor 3-bedroom duplex investment opportunity offering immediate cash-flow potential and long-term appreciation. Remodeled Unit 3817 showcases updated finishes, interior paint, new carpet, and turnkey appeal, while the duplex configuration provides flexibility for investors or owner-occupants. This property combines location, income potential, and value in one attractive package. 3817 has a large deck for entertaining and 3815 has a fenced in side yard. Each side that its own attached 1-car garage and plenty of additional parking. This 1.120 acre lot allow for privacy and seclusion while conveniently located near shopping, dining, and commuter routes. 3815 has great rental history! Come and take a look at this must-see property whether you are looking for an investment, live on one side while renting the other, or multi-generational living.

3815 & 3817 47th Street NW, Gig Harbor

Listing courtesy of Windermere West Metro.

$549,900

2540529 MLS ⋅ PENDING Status

Turnkey LEGAL DUPLEX on a large .33-acre lot. Each 2-bedroom, 1-bath unit offers approximately 900 SF with an attached garage, private fenced backyard, and in-unit laundry. Pride of ownership is evident throughout with a brick exterior, mature landscaping, excellent curb appeal, brand new interior & exterior paint, water heaters, upgraded electrical panels, plus a newer roof and windows. Both units were intentionally left vacant following recent long-term tenant turnover, providing easy showing access and a rare opportunity for owner-occupant buyers looking to offset their mortgage with rental income, or investors seeking immediate lease-up at current market rents. Located in unincorporated Pierce County, offering investors an alternative to properties within Tacoma city limits and not subject to Tacoma's Rental Housing Code. Conveniently located near JBLM, PLU, shopping, schools, and major commuter routes.

912 138th Street E, Tacoma

Listing courtesy of Real Broker LLC.

$749,950

2541857 MLS ⋅ ACTIVE Status

Investor opportunity! Well-maintained 4-plex featuring four 2-bedroom, 1-bath units in a convenient Tacoma location. Strong value-add potential with long-term tenants and significantly below-market rents, offering investors the opportunity to increase cash flow over time. Current ownership has intentionally kept rents low for many years. All tenants are currently on month-to-month leases, providing additional flexibility for future management and rent adjustments. Recent major capital improvement includes a new roof installed in 2025. Each unit offers functional layouts, off-street parking, and strong rental demand in the area. Ideal for investors seeking stable occupancy today with the ability to enhance returns through future rent adjustments. Conveniently located near shopping, dining, schools, transit, and major commuter routes. Rare opportunity to acquire a 4-plex with immediate income and significant long-term growth potential.

7525 10th Avenue Ct E, Tacoma

Listing courtesy of TS Property Management.

$649,950

2539983 MLS ⋅ ACTIVE Status

Rare investment opportunity in Puyallup's desirable South Hill. This well-maintained duplex with long term tenants has never been vacant during the sellers ownership. It offers stable income today with a clear path to increased returns. Both units include large fully fenced yards with decks, attached 1-car garages and additional driveway parking. The property has enjoyed exceptional occupancy with long-term tenants. Current rents are slightly below market, providing a value-add opportunity for the next owner. Existing leases are month to month, allowing a defined timeline for potential rent increases and improved cash flow for new owner or owner occupancy with proper notice. New countertops are currently being installed throughout both units and are not reflected in the current photos. Tenants enjoy a single-family-home feel with the large fenced backyards, contributing to strong retention and consistent rental demand. Conveniently located near SR-512, shopping, dining, parks and schools. As an added investment opportunity, the purchaser of this duplex will be given the first rights to purchase the seller's adjacent duplex, creating the potential to expand ownership to four units in one prime location. Whether you're completing a 1031 exchange, expanding an existing portfolio, or just entering the multifamily market, this property offers great stability, future income and equity growth potential and a unique opportunity with a proven and reliable rental property.

916 40th Avenue SW, Puyallup

Listing courtesy of Northwest Premier Brokers.

$1,350,000

2521673 MLS ⋅ ACTIVE Status

Outstanding investment opportunity in this solid 4-plex, built in 2006 and showing like new. Configured as two duplexes on one lot but permitted as a fourplex, each unit offers a generous 1,234 square feet with 3 bedrooms and 2 bathrooms—plenty of space to attract quality, long-term tenants. The exterior has been well maintained throughout, minimizing deferred maintenance concerns for a new owner. Conveniently located near 47th and South Tacoma Way, with easy access to shopping, dining, commuter routes and right next to the local school bus stop. A great addition for investors seeking a turnkey property with strong bones and dependable rental appeal.

4552 S Puget Sound Avenue, Tacoma

Listing courtesy of Redfin.

$999,950

2539840 MLS ⋅ ACTIVE Status

Looking for a great investment? This super clean 4 plex is just what you've been waiting for. Each unit has 2 bedrooms and 1 bath, good size living area and dining area. All units are in great shape and the roof is only a few months old! All remodeled inside and out several years ago, but they are still looking like new. Quartz countertops, stainless appliances and white cabinets. Each unit has a patio or deck and small storage unit. Laundry room on each floor, lot's of parking, huge lot, partial fenced. Close to schools, shopping, restaurants, bus, Spanaway Lake and JBLM. Great location! If your looking to build your portfolio, come take a look. Ask your Realtor to see the supplements page attached to listing!

122 169th Street E, Spanaway

Listing courtesy of John L. Scott, Inc.

$875,000

2538380 MLS ⋅ PENDING Status

Welcome to this single level brick 5-plex in great North End Tacoma location. Well maintained property includes three 1 bedroom units, one studio unit and one 2 bedroom unit. 2 bd unit includes washer & dryer in unit. Strong rental history. Current rents are below market value. 3 single car garages can be rented as storage for additional income. Additional carport with space for 2 cars. New roof - May 2026. Convenient location in close proximity to bus line, grocery store, restaurants and downtown Tacoma amenities. Quick, easy freeway access. Investment opportunity!

702 N L Street, Tacoma

Listing courtesy of Windermere Abode.

$635,000

2534085 MLS ⋅ ACTIVE Status

Rare opportunity to own a well-maintained duplex tucked against a peaceful greenbelt/wildlife corridor, offering a unique blend of privacy, nature, & income potential. Backing to a year-round creek and protected natural surroundings, this property provides a serene setting where deer and local wildlife are frequent visitors. ** The upper residence offers a spacious and thoughtfully updated layout with 2 bedrooms, an office, decorative fireplace, in unit laundry room w/W/D hookup + 1.5 baths w/private deck. Upgrades include granite countertops, newer cabinetry, laminate flooring, beautiful porcelain tile, vinyl windows and hot water heater (2024). ** The lower residence includes 2 bedrooms and 1 bath with fireplace, extra large in unit laundry w/W/D hookup, private patio, plus new hot water tank and new kitchen appliances (2024). Each unit has its own garage and access to the tranquil natural setting beyond. ** Whether you're an investor seeking a turnkey income property or an owner-occupant looking to offset your mortgage with rental income, this duplex offers flexibility + long-term value. Live in one unit while generating income from the other, or add a solid performer to your investment portfolio. New interior / exterior paint, 2024 new roof. ** Ideally located near Lake Steilacoom, shopping, dining, parks, and Lakewood Towne Center. A rare combination of nature, functionality, and investment opportunity in a well kept neighborhood. Must see this beautiful, turnkey duplex!

8701 72nd Avenue Ct SW, Lakewood

Listing courtesy of RE/MAX Northwest.

$3,800,000

2538805 MLS ⋅ ACTIVE Status

Built in 1968 and positioned on the corner of Carr Street and N 30th Avenue, Harbor View Apartments occupies one of Old Town Tacoma's most coveted residential addresses. The property's strategic location places residents at the heart of one of Tacoma's most vibrant and historically rich neighborhoods, with immediate access to the boutique shops, acclaimed restaurants, and waterfront amenities that define the Old Town experience. 6 of the 16 units have been recently renovated with modern finishes and in-unit washer & dryer. Many of the units enjoy sweeping water views of Commencement Bay. The property features a desirable unit mix of eight one-bedroom homes averaging 722 square feet and eight two-bedroom homes averaging 925 square feet, providing a well-balanced offering that appeals to a broad spectrum of renters. Currently 100% occupied, Harbor View demonstrates the enduring and consistent rental demand that characterizes well-located assets in supply-constrained submarkets. With in-place rents of approximately $24,400 per month against a market rent potential of approximately $30,000 per month, the property presents a compelling value-add opportunity with nearly $5,600 per month in proven rent upside through a thoughtful interior modernization program

2902 N Carr, Tacoma

Listing courtesy of Kidder Mathews.

$2,800,000

2538763 MLS ⋅ ACTIVE Status

Built in 1959 and representing the quintessential Tacoma brick construction, Viewcrest Terrace Apartments is a meticulously maintained asset that has stood the test of time - both in physical condition and locational relevance. The property sits on the corner of Tacoma's prominent 6th Avenue corridor and S Jackson Avenue, offering residents sweeping views of Puget Sound and the Narrows Bridge from one of the most coveted residential locations in the city. Despite its premier positioning, the property presents a compelling light value-add opportunity with approximately $4,000 per month in unrealized rental upside between current in-place rents and market rates. A targeted interior modernization program focused on updated finishes, fixtures, and unit upgrades provides a clear and executable path to capturing meaningful rent premiums — without the need for significant structural or exterior capital investment. The building's exceptional physical condition allows a new owner to focus exclusively on value creation rather than deferred maintenance

601 S Jackson Avenue, Tacoma

Listing courtesy of Kidder Mathews.

$825,000

2537237 MLS ⋅ ACTIVE Status

Location, location, location! Old Town duplex is a perfect setup for living in one unit & renting out the other! Spacious rooms, tons of windows for natural light, fully fenced backyard with mature landscaping offers tons of privacy. Raised garden beds & covered patio with storage space. 2 car garage with additional parking space in paved alley. The upper unit offers 3 bedrooms and 2 bathrooms, while the lower unit features 2 bedrooms and 2 bathrooms with a functional floor plan, large living room, spacious kitchen, and generously sized bedrooms. Both units have their own washer dryer. Great opportunity to own a piece of real estate in sought after Old Town Tacoma!

1020 N Tacoma Avenue, Tacoma

Listing courtesy of Keller Williams Rty Tacoma.

$584,950

2537943 MLS ⋅ ACTIVE Status

Prime location! Tucked away in a quiet cul-de-sac between Woodland and Canyon Road off 84th Street, this well-maintained duplex offers exceptional convenience just 2 miles from Hwy 512. A fantastic investment opportunity—add it to your portfolio or live in one unit while generating rental income from the other. Both units feature identical floor plans with spacious living rooms, large kitchens with white cabinetry, pantry storage, laminate flooring, and bright dining areas filled with natural light. Each unit offers two generously sized bedrooms, double closets in the primary bdrm, and an adjacent bathroom with a low-maintenance tiled shower. Situated on a sprawling, level lot that backs to a private, lush greenbelt, the property provides a peaceful setting with partially fenced backyards, a composite deck on the west side, and abundant off-street parking. Enjoy year-round comfort and energy efficiency with ducted forced-air heating and cooling—no wall heaters here! Each unit includes an attached one-car garage with laundry hookups. All kitchen appliances stay; washers and dryers belong to the tenants and are excluded from the sale. Conveniently located near shopping, dining, parks, walking trails, and with easy access to both Hwy 512 and I-5, this is an opportunity you won’t want to miss.

8224 59th Avenue E, Puyallup

Listing courtesy of Better Properties Real Estate.

$699,975

2537291 MLS ⋅ ACTIVE Status

Excellent Duplex Opportunity off Danforth Drive at 94th Ave. Each unit has been updated and is 2 bedroom per side with 1 bath per side, plus a den/office. Great investment property with strong consistent rental income. One unit is currently rented at $2,150 per month and the other new updated unit is $2,250 per month. Situated on a sunny one acres parcel with great drainage, this property offers low maintenance & minimal annual expenses. The property has easy to care for vinyl siding, nicely landscaped yards, adding to the overall value & ease of ownership. Easy rental history in this quiet serene area. Quiet low traffic area on a private road off Danforth Ave. Sunny southern exposure off the back porch/deck for entertaining and room to play and run. Strong rental appeal & returns make this an excellent rental property. Property is approximately 163 by 267 plus or minus.

13023 94th Avenue NW, Wauna

Listing courtesy of Windermere Prof Partners.

$524,950

2537642 MLS ⋅ ACTIVE Status

Location, Location, Location!!! This well-maintained and quality built brick duplex is adjacent to Pacific Lutheran University. The prime location offers easy freeway access, is approximately 15 minutes from Joint Base Lewis-McChord, and is within walking distance of restaurants, coffee shops, grocery stores and public transportation. Each unit has newer windows, large living room with fireplace (decorative only), dining area, spacious kitchen, laundry/mud room with access to back patio. Each unit features 2 spacious bedrooms with large closets and a full bathroom with tile countertops. Unit #712 is recently updated with beautiful new Luxury Vinyl Plank (LVP) flooring throughout and includes a new dishwasher. It was previously rented for $1,800.00/month reflecting the property's strong rental demand and income potential. Pride of ownership is evident throughout this well-maintained property. Whether you're seeking a solid investment, an owner-occupant opportunity, or a valuable addition to your real estate portfolio, this duplex offers quality construction, a prime location and excellent long term appeal.

710 127th Street S, Tacoma

Listing courtesy of Keller Williams Realty.

$835,000

2535947 MLS ⋅ ACTIVE Status

Excellent investment opportunity in Parkland! This well-maintained fourplex generates excellent cash flow in rental income and is ideally located directly across from Gonyea Park, offering tenants convenient access to open space, recreation, and neighborhood amenities.Each of the four units features a practical and desirable 2-bedroom, 1-bath floor plan, simplifying management and appealing to a broad tenant base. Units have been updated, providing added value and tenant appeal, while the newer roof helps reduce future maintenance concerns.With strong cash flow, a proven rental history, and a convenient location near schools, shopping, public transportation, and major commuter routes, this property is an attractive addition to any investment portfolio. Whether you're a seasoned investor or looking to acquire your first multifamily asset, this income-producing property offers stability, upside potential, and long-term value.

922 134th Street Ct S, Tacoma

Listing courtesy of Century 21 Blue Chip.

$485,000

2536452 MLS ⋅ ACTIVE Status

Exterior has just been repainted. Offer now! Well located duplex close to PLU and freeway. Each unit has washer & dryer, Patio off kitchen with fenced back yard. Units have been well maintained. EZ to rent. Unit 1703 has been repainted inside and has new floors. No For Sale sign per owner's request.

1701 1703 Garfield Street S, Tacoma

Listing courtesy of Crescent Realty powered by KW.

$2,100,000

2535832 MLS ⋅ ACTIVE Status

Exceptional investment opportunity featuring 12 rental units across 6 duplex buildings, offering immediate income with significant upside potential. Centrally located with convenient access to shopping, services, and major transportation routes, this property is well-positioned to attract and retain long-term tenants. Each duplex consists of one 2-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit, creating a desirable unit mix that appeals to a broad tenant base. Current rents are below market, presenting a compelling opportunity for a savvy investor to increase cash flow and improve overall returns. Several units have benefited from interior renovations, while portions of the exterior have been upgraded with new siding. Durable metal roofing, selective exterior improvements, and a straightforward design contribute to a relatively low-maintenance investment. An on-site laundry facility provides additional income potential for residents. Situated on a large parcel, the property appears to offer future development opportunities that could substantially increase income and overall value (buyer to verify all development potential and feasibility). Whether you're looking to expand an existing portfolio or acquire a value-add asset with multiple paths to increased returns, this property deserves serious consideration. Opportunities combining current income, rental upside, low-maintenance ownership, and potential future development are increasingly difficult to find.

11002 Idlewild Road SW, Lakewood

Listing courtesy of Keller Williams Rty Tacoma.

$949,000

2535378 MLS ⋅ ACTIVE Status

Completely updated in 2021. This 4-bedroom home lives like a 5 bedroom in a highly sought-after Puyallup neighborhood, featuring stunning Mt. Rainier views! The main level offers 3 bedrooms, a full bath, and a spacious open-concept kitchen with granite countertops, abundant cabinetry, and seamless flow into the large living and dining areas. Cozy up to the propane fireplace or enjoy entertaining in the bright, functional layout. Attached 1-car garage offers added convenience.The lower level has its own separate entrance and functions perfectly as an ADU or multi-generational living space. It includes 1 bedroom, a full bath, large kitchen area, spacious living room with propane fireplace, and an office that could serve as a second bedroom. Step outside and enjoy the full-length covered patio, perfect for year-round entertaining. Impressive 24' x 30' detached shop that is insulated and sheetrocked, complete with an 8-foot-deep storage area accessible from the outside of the shop. RV parking. Covered metal building to store all the toys and equipment. This versatile property offers endless possibilities for extended living, rental income, hobbies, or home-based business needs. Added development potential with a conceptual preliminary short plat already completed. 5 bedroom septic design and soil logs have been finished, and the county has provided preliminary approval for either a duplex lot or single-family building lot. Seller will pay buyers side of title and escrow.

11605 67th Avenue E, Puyallup

Listing courtesy of John L. Scott, Inc..

$679,999

2534334 MLS ⋅ ACTIVE Status

Investor ALERT!!! Looking for cashflow? Here's your opportunity to own these Zero lot line Duplex located in the core of Tacoma. 3 bedroom 2.5 baths each unit. Rents are below market rates and some sweat equity could maximize your potential earnings. Quick access to I-5, Hwy-16, Hwy 167, Tacoma Mall & EQC casino. This is 1/2 of two separate buildings, but one duplex. The lot line runs through the town homes and separate units 1608-1610A are not for sale. Each unit sits tandem (back-to-back).

1608 1610 E 34th Street Unit #B, Tacoma

Listing courtesy of Red Moon Realty.

$599,950

2532388 MLS ⋅ ACTIVE Status

Premium location! This is a wonderful opportunity to own a duplex in the heart of Puyallup! Whether you live in it or rent it out, this property will suit your needs. Recent upgrades include a new metal roof, new siding, new paint, new kitchens and appliances, and the list goes on! Located in a quiet well-established neighborhood, it is conveniently close to dining, parks, the bus station, shopping, WA state fair and top-rated schools less than half a mile away!

102 & 104 9th Street SW, Puyallup

Listing courtesy of Keller Williams Rty Tacoma.

$522,500

2533099 MLS ⋅ ACTIVE Status

Smartly designed single-level duplex with each unit joined by individual attached garages, allowing for extra peace and quiet thanks to no shared common walls with your neighbor. Excellent curb appeal and thoughtful touches from bay windows, archways and wood burning fireplaces make each space extra cozy and inviting. Shy half-acre lot provides a large level fenced yard for each resident plus additional spacious parking pad. Turn-key condition with strong rents and short vacancies. Moments from JBLM, shops, restaurants and commuter routes. Each unit has their own washer and dryer hook-ups. Owner pays water and sewer. Tenant pays electric and garbage.

13803 13805 11th Avenue Ct S, Tacoma

Listing courtesy of John L. Scott, Inc.

$525,000

2532917 MLS ⋅ PENDING INSPECTION Status

This intriguing half-acre flat, rectangular Lakewood property has been held by the same family for decades. Now offered for sale, the site is favored with MR2 zoning which promotes higher density and many permitted uses along with relaxed land development standards. Right around the corner from Lakewood Towne Center, the property boasts easy access to schools, shopping, and public transportation. The freshly refreshed three-bedroom, 1.75 bath home features a large kitchen, dining area, living room, two large bedrooms, a separate suite with walk-in shower (former beauty salon,) laundry/mud room, and attached carport. Additionally, there is a one bed/one bath cottage, complete with an efficient kitchen, sitting area, separate laundry, and parking. The 432 square foot garage features its own electrical service and a half bath! There is another two-car carport, and several sheds. Two driveways, fenced and cross-fenced. Make an appointment to view this unusually versatile property!

6411 Lake Grove Street SW, Lakewood

Listing courtesy of Evolution Real Estate Company.

$715,000

2530961 MLS ⋅ ACTIVE Status

Here is your opportunity to own an income producing duplex tucked away on a quiet cul-de-sac in the desirable South Hill area of Puyallup. Each residence offers 2 bedrooms and 1.5 baths with a functional two-story layout designed for comfortable everyday living. Upstairs features two spacious bedrooms and a full bath, while the main level includes inviting living and dining spaces, a well-appointed kitchen, and a convenient half bath. Each side includes its own washer and dryer along with outdoor patio and backyard space. One residence offers a one-car garage, while the other includes a two-car garage, plus additional off-street parking for added convenience and strong tenant appeal. Ideally located near shopping, dining, schools, and everyday amenities with easy access to major commuter routes. An excellent opportunity for investors or owner-occupants seeking flexibility and long-term value in a strong rental location. Both residences are tenant occupied. Please allow 48-hour notice for showings.

13908 107th Avenue Ct E, Puyallup

Listing courtesy of John L Scott RE West Seattle.

$499,500

2529838 MLS ⋅ PENDING Status

Positioned in the heart of South Tacoma, this well-maintained duplex presents a compelling investment and value-add opportunity in a strong rental market. Ideal for investors seeking stable cash flow, tenant flexibility, or owner-occupants looking to offset housing expenses with supplemental income. The property has benefited from numerous recent capital improvements including a newer roof (approximately 8 years old), exterior paint, updated windows, exterior doors, new flooring throughout, interior paint, All New Crawl space insulation and Vapor Barrier and newer hot water tanks. These upgrades help minimize near-term maintenance costs while enhancing tenant appeal. Potential for a third unit, acccess with door on east side of building. The property offers four on-site parking spaces, including two covered spaces with convenient paved alley access. The east unit features a wrap-around deck with territorial and mountain views, while the west unit includes a private fenced yard, providing desirable outdoor amenities for tenants or owner occupancy. Centrally located with convenient access to major commuter trains, retail, and employment centers, this duplex offers strong long-term upside potential for both income growth and future appreciation. Rents are pro forma based on current market trends.

6619 -6621 S Monroe Street, Tacoma

Listing courtesy of Keller Williams Rty Tacoma.

$1,375,000

2529802 MLS ⋅ PENDING Status

A 10-unit multifamily investment opportunity in South Puget Sound offers investors a stable, efficiently sized asset in an accessible, renter-demand driven neighborhood. Built in 1964, the property features (4) one-bedroom, (4) two-bedroom, and (2) three-bedroom one-bath units, appealing to a broad tenant base and supporting consistent occupancy. The property recently underwent capital improvements, including replacement of electrical panels in all units. Strategically located with excellent visibility and connectivity, the property provides convenient access to employment centers, military installations, and retail corridors. Residents enjoy proximity to shopping, dining, parks, and services. The property presents a clear value-add opportunity through potential interior upgrades, storage income implementation, and rental optimization. With strong fundamentals and straightforward operations, the asset offers immediate income stability and long-term upside. This offering represents an opportunity to acquire a well-located multifamily asset with scalable potential and durable tenant demand in the region.

11212 Bridgeport Way SW Unit #10, Tacoma

Listing courtesy of Paragon Real Estate Advisors.

$725,000

2524983 MLS ⋅ ACTIVE Status

Excellent opportunity to own a versatile duplex in a convenient Tacoma location. Each unit offers 2 bedrooms and 2 bathrooms with functional layouts designed for comfort and flexibility. Spacious living rooms flow into bright kitchens with adjoining dining areas. Dedicated laundry rooms add convenience, while attached garages provide additional storage and parking options. The large yard offers plenty of outdoor space. Positioned near major highways and JBLM, this property provides an easy commute to surrounding areas while remaining close to everyday amenities. Enjoy quick access to parks, golf courses, shopping centers, dining, and local services. Whether expanding a real estate portfolio or seeking a property with strong long-term potential, this duplex combines location, layout, and functionality in one appealing package. A rare chance to secure a multi-unit property in an established area with convenient access to everything Tacoma has to offer.

13620 13622 14th Avenue S, Tacoma

Listing courtesy of Redfin.

$590,000

2529777 MLS ⋅ ACTIVE Status

This Central District charmer was once used as part of Lowell Elementary and now this historical home can be yours! Walk to UPS and 6th Ave while enjoying a beautiful neighborhood. This duplex's roof was replaced 5 years ago and recently updated 3 bedroom upstairs unit with new skylights, flooring, and appliances replaced in the past five years. The ground floor offers a large and spacious living room and spacious bedrooms. There is plenty of parking as well with an oversized 2 car garage and driveway. With great long term potential, this fully fenced corner unit home can be a great portfolio hold for years or a great place to live for an owner occupier.

3322 3324 S 10th Street, Tacoma

Listing courtesy of Coldwell Banker Danforth.

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