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$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..

$999,000
2542869 MLS PENDING INSPECTION 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.

$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.

$750,000
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..

$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.

$975,000
2539840 MLS PENDING 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.

$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.

$565,000
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.

$685,000
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.

$479,950
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 refrigerator and new dishwasher. 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 -712 127th Street S, Tacoma

Listing courtesy of Keller Williams Realty.

$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.

$929,000
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. There is potential for a duplex approval to be built on this property. (Broker and buyer to verify) Seller will pay buyers side of title and escrow.

11605 67th Avenue E, Puyallup

Listing courtesy of John L. Scott, Inc..

$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. Possible VA assumable loan if buyer is qualified

13908 107th Avenue Ct E, Puyallup

Listing courtesy of John L Scott RE West Seattle.

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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