Tacoma WA Multi-Family Real Estate, Homes for Sale

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

Hard to find a better duplex for this price. Brand new exterior paint. Units have been well maintained. Located close to Pacific Lutheran University and I-5. Each unit has a washer & dryer and all kitchen appliances. Patio off kitchen with fenced back yard. Always full. Bring your offer.

1701 1703 Garfield Street S, Tacoma

Listing courtesy of Crescent Realty powered by KW.

$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.

$1,275,000

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.

$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.

$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.

$485,000

2536452 MLS ⋅ ACTIVE Status

Hard to find a better duplex for this price. Brand new exterior paint. Units have been well maintained. Located close to Pacific Lutheran University and I-5. Each unit has a washer & dryer and all kitchen appliances. Patio off kitchen with fenced back yard. Always full. Bring your offer.

1701 1703 Garfield Street S, Tacoma

Listing courtesy of Crescent Realty powered by KW.

$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.

$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.

$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. New furnace installed upstairs 08/26.

3322 3324 S 10th Street, Tacoma

Listing courtesy of Coldwell Banker Danforth.

$599,950

2525707 MLS ⋅ ACTIVE Status

Exceptional multi-family investment opportunity in the heart of South Tacoma’s thriving rental market. Located at 11901 Ainsworth Ave S, this income-producing property offers strong cash flow potential, consistent tenant demand, and long-term upside for investors seeking a high-performing asset.The property features functional unit layouts, ample parking, and convenient access to major commuter routes, JBLM, shopping, dining, and public transportation—making it highly attractive to renters. Tacoma’s continued population growth and limited housing inventory continue to support a strong rental market, positioning this property for stable occupancy and reliable income generation.Whether you're looking to expand your investment portfolio, complete a 1031 exchange, or secure a property with future appreciation potential, this multi-family opportunity delivers the ideal combination of location, rental demand, and cash-flow performance. Don’t miss your chance to invest in one of Tacoma’s most active and growing rental corridors.

11901 Ainsworth Avenue S, Tacoma

Listing courtesy of Coldwell Banker Bain.

$575,000

2525050 MLS ⋅ ACTIVE Status

Prime multi-family investment opportunity in a high-demand Tacoma rental corridor. This income-producing property at 1205 130th St S offers investors the chance to secure consistent cash flow with strong occupancy potential and future appreciation upside. Featuring well-designed units, practical layouts, and desirable outdoor space, this property is positioned to attract long-term tenants and maximize rental income.Conveniently located near JBLM, major highways, shopping centers, schools, and public transit, the location supports continued tenant demand and stable returns. Ample parking and easy access add to the property’s overall appeal for both tenants and investors alike.Whether you're a seasoned investor looking to expand your portfolio or a buyer seeking a strong-performing asset with value-add potential, this Tacoma multi-family property delivers an excellent combination of cash flow, location, and long-term investment opportunity.

1205 130th Street S, Tacoma

Listing courtesy of Coldwell Banker Bain.

$550,000

2525044 MLS ⋅ ACTIVE Status

Excellent multi-family investment opportunity in South Tacoma offering strong cash flow potential and long-term upside. Situated on a spacious lot, this property features multiple income-producing units with functional layouts, comfortable living spaces, and strong rental appeal. Investors will appreciate the opportunity to generate steady monthly income while benefiting from Tacoma’s continued rental demand and growth.The property offers ample parking, outdoor space, and convenient access to shopping, schools, public transportation, JBLM, and major commuter routes—making it highly attractive to tenants. Whether you’re expanding your portfolio, house hacking, or seeking a value-add opportunity with future upside, this property presents flexibility and income potential in a desirable location.A rare chance to own a versatile multi-family asset with immediate revenue potential and room for future growth.

1206 Tule Lake Road S, Tacoma

Listing courtesy of Coldwell Banker Bain.

$660,000

2524895 MLS ⋅ ACTIVE Status

LEFT SIDE OF THIS DUPLEX IS VACANT AND READY TO OCCUPY! This duplex that sits on a large lot. A smart buyer could occupy one of the units and rent the other side, or an investor seeking rental income will like that both the exterior and interior of both units are in good condition and rented. The roof replaced in 2022. Each unit is 1309 sq ft, 2 BR/1.5 baths and each has a 1 car garage. The living rooms have a tall ceiling and a FP. Well equipped kitchens with all appliances and adjacent dining area. Each unit has a laundry room. Good value here on this duplex near Canyon Rd and the Summit area.

4605 73rd Street Ct E, Tacoma

Listing courtesy of Integrity Real Estate.

$979,999

2520517 MLS ⋅ ACTIVE Status

Stunning Victorian 4-plex spread over two buildings that were fully rebuilt from the studs out in 2018. These units blend historic character with modern luxury! All units are fully furnished, and the sale includes all furniture, linens, dishware, décor and household essentials—offering a truly turnkey, income-producing highly rated vacation rental property from day one (ratings listed below). Each unit features its own in-unit washer and dryer. Prime Hilltop location with excellent walkability to the Tacoma light rail, convention center, UW Tacoma, and local museums, plus less than a mile from three major hospitals (about a 3-minute drive or 5-minute bike ride), making it highly desirable for traveling professionals and 30+ day furnished rentals. Thoughtfully designed unit mix offers strong income potential across all four units. Unit 1 features a spacious 1 bed/1 bath (900 SF) with open living and dining layout, sleeping 3 and averaging $2,838/mo (4.86/5 Star Rating). Unit 2 is the largest at 3 bed/2 bath (1,335 SF), sleeping 8, highlighted by partial Mt. Rainier views and two private decks, averaging $3,841/mo (4.9/5 Star Rating). DADU lower unit includes 1 bed/1 bath (600 SF), tile flooring in a sleek kitchen, sleeping 2, averaging $2,745/mo (4.85/5 Star Rating). Upper DADU is a cozy 1 bed/0.75 bath (600 SF), also sleeping 2, averaging $2,443/mo (4.84/5 Star Rating). Excellent opportunity for investor or house-hack buyer seeking strong in-place income and flexibility.

1214 S I Street, Tacoma

Listing courtesy of Kelly Right RE of Seattle LLC.

$1,399,900

2518189 MLS ⋅ ACTIVE Status

Don't miss the chance to use this incentive to make this great investment even better! Exceptional investment opportunity with this well-maintained 4-plex offering strong income potential and low owner expenses. Each of the four spacious units features 3 bedrooms and 1.75 bathrooms, designed to live like townhomes with only one shared wall for added privacy and comfort. Property highlights include a brand-new roof installed in 2025, attached one-car garages for every unit, and separate utility metering allowing tenants to cover their own utilities and keeping landlord costs minimal. Ownership is simplified with expenses limited primarily to insurance and property taxes. Ideally located near shopping, dining, schools, and major commuter routes, this property offers convenience tenants will appreciate and investors will value. A rare combination of size, functionality, and efficiency perfect for both seasoned and first-time investors.

4560 S Puget Sound Ave, Tacoma

Listing courtesy of Terrafin.

$1,099,000

2517607 MLS ⋅ ACTIVE Status

Turnkey Cash-Flowing Triplex. Mostly new 4Br2/Ba primary unit $7,700 monthly investor income or Owner-Occupied Ready! This rare triplex has strong rental income, premium finishes, and almost zero maintenance. Unit A & Unit B – Spacious 2-bedroom, 1-bath units with private balconies, each with 2 dedicated external parking stalls. Currently leased at $2,295/month each (total $4,590). Unit C – new+remodeled 4-Bedroom, 2-bath unit renting for $3,110/month. Features two hot water tanks, two washer/dryer hookups, its own internal parking spot, and a massive private internal storage unit. Total Gross Monthly Income: $7,700 – All units currently occupied and paying on time. Recent Upgrades Throughout the Entire Building: Full building professionally painted just 5 months ago. All-new windows installed within the last 20 months Roof only 3 years old + brand-new spray foam roof insulation State-of-the-art full 360° security system Epoxied garage floor with brand-new garage door opener. All appliances less than 3 years old Parking & Storage: Total of 8 parking stalls (7 external + 1 internal garage/generous private storage for Unit C). Modern, secure, fully leased, and nearly maintenance-free, cash flow immediately.

105 E 96th Street, Tacoma

Listing courtesy of Skyline Properties, Inc..

$465,000

2516930 MLS ⋅ PENDING Status

Situated blocks away from PLU this charmer features an ADU and 2-car detached garage!! Main house is warm & inviting w/ updates and period details including original hardwood floors, coved ceiling & gorgeous archway. Filled with character & intentional touches including repurposed materials and exposed cedar finishes throughout. Features include living room with wood-burning fireplace, primary bedroom with custom closet w/ shelving, lighting & electric fireplace, big kitchen with gorgeous coffee bar, unbelievable covered-deck with tons of space to entertain, relax & enjoy fresh air all year long. The ADU has a nice flow with beautiful hardwood floors, open-concept kitchen, separate sleeping space, and 3/4 bath. The detached garage is a mechanic's/woodworker's dream with workbench, air filtration system, and loft for storage. Additional features include: hardie plank siding, newer gutters, gas furnace installed in 2021, fully-fenced backyard, hot tub, 8x8 shed & HUGE driveway w/ room for multiple cars and RV parking.

905 115th Street S, Tacoma

Listing courtesy of Coldwell Banker Danforth.

$629,000

2512903 MLS ⋅ ACTIVE Status

Positioned in a desirable South Tacoma location within unincorporated Pierce County, this tastefully updated duplex offers a rare blend of immediate cash flow and long-term development upside. Each unit generates approximately $1,700/month in reliable rental income, making this an attractive turnkey investment with strong in-place returns. The property has been thoughtfully upgraded with modern, higher-end finishes that appeal to quality tenants, helping ensure consistent occupancy and rental stability. What truly sets this property apart is its Urban Corridor (UC) zoning designation, opening the door to a wide range of future development possibilities. UC zoning is intended to support higher-density residential and mixed-use projects, allowing for potential redevelopment into multi-family housing, townhomes, or even a mixed-use building with commercial space on the ground level and residential units above (buyer to verify with Pierce County). This creates a compelling opportunity for investors and developers alike to capitalize on the area’s continued growth and demand for housing. Whether you choose to hold and enjoy steady income, or plan for a future redevelopment project, this property offers flexibility, strong fundamentals, and upside potential in a growing corridor. Opportunities like this—combining current performance with forward-looking potential—are increasingly hard to find.

10133 Patterson Street S, Tacoma

Listing courtesy of Triwood Realty.

$950,000

2511533 MLS ⋅ ACTIVE Status

Four-plex! Located in Tacoma’s desirable North End, this property sits in a well established residential area known for its classic architecture, tree lined streets, and close proximity to local parks, schools, and everyday amenities. The neighborhood features a mix of historic and updated homes built between the late 1800s and early 2000s, contributing to its charming and timeless character. Nearby, residents enjoy access to shopping, dining, and recreation throughout the North End community. Unit one on the main floor has two bedrooms, one bath, a large living room and a bright and cheerful eat-in kitchen. Unit one has easy access to the fully-fenced backyard, four yard storage units and alley parking for 2 cars. Unit two is upstairs to the right, a one bedroom, one bath apartment, ready for some minor touchups. Unit three is also upstairs, another one bedroom, one full bath apartment with an open kitchen and living room. The fourth unit is a two story ADU with a separate entrance from the alley, one bedroom, and one bathroom, the kitchen has tons of storage, the in-unit laundry is on the main floor and the lofted bedroom upstairs makes for a cute and flexible unit. The main house basement is semi-finished, with laundry and storage or studio space. Two of the units are rented by long-term tenants who wish to continue their leases.

612 N Oakes Street, Tacoma

Listing courtesy of Realogics Sotheby's Int'l Rlty.

$674,950

2492239 MLS ⋅ ACTIVE Status

HOUSE HACKERS AND INVESTORS! Don’t miss out on this opportunity to own a duplex w/ a 3rd detached unit in South Tacoma! Spacious 3 bed 1 bath unit + 2 bed 1 bath unit in the duplex and a studio for the 3rd unit! Fully fenced yard for the upstairs unit and a fireplace! Off street parking out back for the downstairs tenant and 3rd unit! The convenient location nearby freeway access, shopping, restaurants, entertainment, DT, and more makes for good rental and good living! Dedicated laundry in each unit! Upstairs 3 bed 1 bath is vacant and ready to move in and offset your mortgage with the other units combined rent of $2,995!! Or rent out to cashflow! Potential condoization for even more opportunity? Buyer to verify!

4822 S L Street, Tacoma

Listing courtesy of Theory Real Estate.

$599,950

2512006 MLS ⋅ ACTIVE Status

Discover the perfect blend of elegance & functionality in this traditional hilltop home! Enjoy breathtaking views of Mt. Rainier, the City and Commencement Bay from the comfort of your home. Open concept living room and kitchen with new vinyl plank flooring guiding you up the curved staircase to the primary bedroom & private bath. The daylight basement features new carpet and an optional ADU, ideal for additional income or multi-generational living. Conveniently located near downtown Tacoma and easy access to I-5. This residence is a haven of comfort & convenience.

1109 E 31st Street, Tacoma

Listing courtesy of Realty One Group Pacifica.

$529,500

2508069 MLS ⋅ ACTIVE Status

Quality Duplex with room for expansion! Income producing duplex with recent upgrades and an extra large lot. New roof in March 2026! Unit 10002 features 3 bedrooms, Jack-n-Jill full bath. 1 car garage, sporting all new windows April 2026. Unit 10004; 2 bedrooms, 1 bath, 1 car garage, remodeled in 2022, new carpet, paint, fixtures. Fenced front and back yards. Special shaped parcel (West Side of the lot, approx. 52x114') may allow for a 3rd Unit/Townhouse style or additional garage space, or potential split-off and sell to a neighbor. Located behind fenced yard of unit 10002, overgrown with bushes. There are newer homes to the North and new homes being built on East side. Great upcoming neighborhood. Connected to sewer. Viewing - Preapproval letter or Evidence of Funds prior to showing appointment. 72 hour Business Day notice required thru Property Management. No weekend showings due to property management attendance required. Both units are Tenant occupied. Kindly do not disturb. Buyer to verify all information to their own satisfaction. Unit 10002 lease ends 10/31/2026. Unit 10004 will be vacant 9/30/26. Financials are available to qualified buyers after a showing or offer, whichever comes first.

10002 10004 Barnes Lane S, Tacoma

Listing courtesy of Windermere Prof Partners.

$525,000

2504505 MLS ⋅ ACTIVE Status

New price! Great older 4-plex on .4276 acre with potential for more development. Current zoning is Urban Corridor in the Parkland-Spanaway-Midland Communities Plan. 3 units are 2 bedroom and 1 bath, and one unit is 1 bedroom and 1 bath. Large yard with detached 4 car building. Common coin-operated laundry. Easy access to JBLM, Hwy 12, I-5, stores and restaurants.

9906 Croft Street S, Tacoma

Listing courtesy of Van Dorm Realty, Inc.

$799,950

2502194 MLS ⋅ ACTIVE Status

INVESTORS & HOUSE HACKERS - this is perfect for you! Great investment or a primary home that provides income opportunity to offset your mortgage! This 4 plex in South Tacoma checks all opportunity boxes! Each unit is about 850+ SF. There are (2) 2 bed 1 bath units and (2) 1 bed 1 bath units. Upstairs units each have private decks! Updates throughout include some paint, flooring, kitchens, bathrooms, & grounds! Plenty of off street parking off the alley for about 12 cars for tenants & guests! Coin operated on site laundry conveniently for tenants & additional income. There are also 5 large ~10x10 storage units for your tenants & management/owner! Section 8 approved! Minutes away from freeway access, DT Tacoma, bus & train station, shopping, entertainment, food, & more! Don’t miss out on this opportunity!

3572 3574 E F Street, Tacoma

Listing courtesy of Theory Real Estate.

$5,500,000

2495107 MLS ⋅ ACTIVE Status

Grande Terrace is a well-maintained 20-unit multi-family investment consisting of five 4-unit complexes with 2-bed/1-bath floor plans. This property is fully occupied with a stable tenant base and strong cash flow. The property is in excellent condition with recently replaced water tanks and heaters, no outstanding maintenance issues, and minimal owner responsibilities since tenants cover all utilities. This is an ideal turnkey investment for investors seeking passive income and reliable returns in the Tacoma market.

5201 - 5215 S Orchard Street, Tacoma

Listing courtesy of VPMG Property Management.

$528,900

2500041 MLS ⋅ ACTIVE Status

Tacoma Duplex!!! This hard to find duplex offers a ton of opportunities for all buyers!!! Great for generational living, having 2 seperate units! First time buyers, live in one and rent the other for extra monthly income!! Investors duplex has very low vacancy rate and has room to raise the rent, detached garage could be converted into ADU/DADU. Both units have been updated in the last 3 years including flooring, paint in/out, appliances, gutters, roofing, baths, cabinets, and much more!!!! Individually fenced yards are great for pets! This duplex sits on a large corner lot having plenty of parking on site or off street. Located close to shopping and commuting making this duplex that much more enjoyable for owners and tenants!!! DON'T MISS THIS ONE!!!!

3303 S 64th Street, Tacoma

Listing courtesy of John L. Scott R.E. Lake Tapps.

$650,000

2496801 MLS ⋅ ACTIVE Status

Well maintained triplex in the heart of the Lincoln district. Rents are slightly lower than market rate, but building has 100% occupancy. All three units metered separately. Location is great for commuters and/or JBLM.

3827 S K Street, Tacoma

Listing courtesy of Realogics Sotheby's Int'l Rlty.

$725,000

2496839 MLS ⋅ ACTIVE Status

This beautifully updated fourplex is ready for its new owner! Building has been 100% occupied. Location is great for commuters and/or JBLM. Tenants have been long term. Each unit is 2 bedroom 1 bath. Off street parking.

3321 S Asotin Street, Tacoma

Listing courtesy of Realogics Sotheby's Int'l Rlty.

$500,000

2496836 MLS ⋅ ACTIVE Status

Two units in one! Main house is 4 bedrooms/ 2 baths at 1816 square feet. Second building behind house is 3 bedroom/1 bath at 1100 square feet. Both buildings currently are rented, but would be a great property to live in one and rent the second one! Well maintained and recently updated. Location is great for the commuter and/or JBLM. Buildings have had 100% occupancy.

3812 S Thompson Avenue, Tacoma

Listing courtesy of Realogics Sotheby's Int'l Rlty.

$400,000

2496835 MLS ⋅ PENDING INSPECTION Status

Lovely duplex in the heart of the Lincoln district. Each unit has its own garage with w/d. Units metered separately. Units were recently updated. Building has had 100% occupancy. Location is great for a commuter and/or JBLM. Walkable to shopping and restaurants. One level living. Both units are 2 bedrooms 1 bath. Currently has long term tenants.

1561 S 35th Street, Tacoma

Listing courtesy of Realogics Sotheby's Int'l Rlty.

$950,000

2497615 MLS ⋅ ACTIVE Status

Outrageous cash-flow opportunity in a prime Hilltop location near the light rail and hospitals! This fully furnished 4-plex offers 2,360 square feet of living space, delivering exceptional income potential. The property features two 2-bedroom units and two 1-bedroom units, all recently updated for modern appeal. The 1-bedroom units each feature en-suite layouts, and one unit even enjoys a rare peekaboo view of Mount Rainier. Major capital improvements have already been completed in the last few years, including roof, sewer, partial plumbing and electrical, and heaters. Additional features include shared washer/dryer, ample basement storage, and strong upside potential. With below-market rents, there is clear room for increased income. The flexible setup creates endless possibilities: continue as furnished rentals, explore short-term rental potential where permitted, and/or owner-occupy while generating strong rental income. Conveniently located with easy access to downtown, major commute routes, and light rail. Add this high-performing income property to your portfolio today.

901 S Grant Avenue, Tacoma

Listing courtesy of Keller Williams Rlty Bellevue.

$779,000

2494752 MLS ⋅ ACTIVE Status

Charming Titlow duplex with detached 3-car garage just blocks to the beauty of Titlow Beach and park. Each 1 bed / 1 bath unit has been refreshed with new interior paint, durable LVP flooring and thoughtful updates to create move-in ready living spaces. New exterior paint for fresh curb appeal and each unit offers its own sewer line and separate gas, and electric meters for efficiency. Great opportunity for income and flexibility- live in one unit while renting the other or lease both for steady returns, with added potential to generate extra income by renting out the spacious 3 car garage for storage or parking. Don’t miss your chance to own this versatile and well-located property!

1536 -1538 S Walters Road, Tacoma

Listing courtesy of Keller Williams Rty Tacoma.

$1,149,950

2489726 MLS ⋅ PENDING Status

New Construction 4-Plex Investment Opportunity: Discover the pinnacle of low-maintenance, high-yield real estate with this newly constructed 4-plex, intelligently built as two separate duplexes, and offering the significant advantage of a 12-year property tax abatement with land-value only taxes (2026 is $1782/yr). Proven Design & Rentability: Every inch of this property is engineered for cost-efficiency and tenant retention. Each unit features high-end, durable finishes typically reserved for luxury custom homes: Modern Interiors: Commercial-grade vinyl plank flooring, stylish quartz countertops, stainless steel appliances, and a premium trim/door package. Efficiency First: Extra insulation, energy-efficient Plygem windows, and ductless mini-split heating and AC systems. Tenant Perks: In-unit full-size washers/dryers and systems specifically tested for streamlined, easy turnovers. Unit Highlights:2-Bed/2.5-Bath (1125 SF) Units: Spacious open floor plans with an ensuite bathroom for every bedroom, plus stunning City and Downtown views!1-Bed Units (544-556 SF): Designed for maximum affordability, independence, and high demand, featuring full-size kitchens and baths. With a strong $7,650/month income stream and long-term property tax incentives, this property is designed to perform. Don’t miss your chance to secure a turnkey asset in a exceptionally prime location in Downtown Tacoma near restaurants, breweries, businesses, the Link, UW Tacoma, the Tacoma Convention Center, etc.

1129 Fawcett Avenue Unit #A-D, Tacoma

Listing courtesy of Windermere Prof Partners.

$449,950

2492238 MLS ⋅ ACTIVE Status

HOUSE HACKERS - this property is a great way to offset your mortgage living on one side and continue renting the other! INVESTORS - this a great turn key rental to add to your portfolio that even has potential to push rent higher! Unit 1 is a 1 bed 1 bath and Unit 2 is a 2 bed 0.75 bath. The property has been updated with LVP flooring, paint, and appliances! Conveniently located near the Tacoma Link Light Rail, UW Tacoma, Stadium District, Hospitals, restaurants, shops, entertainment, and more! Potential condoization for even more opportunity? Buyer to verify!

1123 S M Street, Tacoma

Listing courtesy of Theory Real Estate.

$425,000

2490652 MLS ⋅ ACTIVE Status

Investment alert! Great opportunity to add to your investment portfolio. This duplex is tenant occupied with two spacious 2 bed 1 bath units. Resting on a larger lot, this property is centrally located to schools, shopping, and freeway access, all minutes away.

6604 S Madison Street, Tacoma

Listing courtesy of John L. Scott, Inc..

$799,997

2487537 MLS ⋅ PENDING Status

Opportunity to acquire a 5-plex in Tacoma’s Midland neighborhood, offering strong income and straightforward operations. The property consists of five 2-bedroom, 1-bath units, each approximately 700 square feet, providing a consistent unit mix with steady rental demand for multi-bedroom housing. The asset currently generates $56,469 in annual Net Operating Income, reflecting a 7.06% cap rate, presenting investors with immediate cash flow from day one. With the same layout across all units, the property allows for simplified management and leasing. Located in Tacoma’s Midland area, the property benefits from proximity to major commuter routes, shopping centers, and everyday amenities, making it a convenient location for tenants. The consistent unit configuration and manageable property size make this an appealing option for investors seeking a stable small multifamily asset in an established rental market. This offering presents a solid opportunity for buyers looking to add a cash-flowing multifamily property with long-term income potential in the Tacoma area.

10415 10423 Golden Given Road E, Tacoma

Listing courtesy of COMPASS.

$1,499,999

2468619 MLS ⋅ ACTIVE Status

Value-add mixed-use multifamily opportunity along the Pacific Avenue corridor, suited for an investor focused on lease-up, income stabilization, and operational improvement. The property includes 10 residential units with street frontage featuring a minimart and convenience store component. The residential units offer upside through leasing activity, while the commercial frontage provides additional income potential along a high-traffic corridor. The property provides ample on-site parking and is conveniently located near major arterials and daily services. Well suited for an investor seeking steady income with incremental upside and long-term mixed-use flexibility.

9618 Pacific Avenue, Tacoma

Listing courtesy of Engel & Voelkers Seattle DT.

$2,999,999

2468356 MLS ⋅ ACTIVE Status

Value-add multifamily opportunity on a 0.809-acre parcel along the Pacific Avenue corridor, well suited for an investor focused on renovation completion, lease-up, and long-term income growth. The property consists of three buildings totaling 21 units. The front buildings include 12 one-bedroom units, seven of which have been recently remodeled, with additional units in various stages of renovation. All three buildings have been repainted recently. New roofs have also been installed on the two single-story buildings on the property. The third building is a three-story structure built in 1989 with nine spacious two-bedroom units. The property offers on-site laundry and ample parking and is conveniently located near retail, dining, transit, and daily services.

7603 Pacific Avenue, Tacoma

Listing courtesy of Engel & Voelkers Seattle DT.

$21,500,000

2468328 MLS ⋅ ACTIVE Status

Joint Venture Development Opportunity. Mount Bay Apartments is a permit-ready, fully bid, and shovel-ready 307-unit workforce housing development in the heart of Tacoma’s Transportation District. One block from Tacoma Link Light Rail, Sounder, Amtrak, and Greyhound, the project delivers unmatched regional connectivity to downtown Tacoma, Seattle, and Portland—driving strong demand, high occupancy, and long-term value. Designed for working professionals and essential workforce residents, the community features two landscaped courtyards, convenience retail, below-grade parking, a welcoming lobby, fitness center, shared workspace, and a seventh-floor indoor/outdoor sky lounge. The project is fully aligned with Tacoma’s urban revitalization vision while addressing a critical housing need. Mount Bay Apartments offers a compelling, defensive multifamily investment with predictable cash flow, downside protection, and meaningful upside. Workforce housing has consistently outperformed luxury assets across market cycles, delivering stable occupancy even in economic downturns. An eight-year property tax abatement enhances early-year cash flow and improves overall returns, while long-term appreciation is supported by sustained infrastructure investment and neighborhood transformation. This is an exceptional opportunity to partner in a transit-oriented, tax-advantaged asset positioned to generate reliable income and lasting value in one of Tacoma’s fastest-growing urban corridors.

301 E 26th, Tacoma

Listing courtesy of Crestview Realty Advisors.

$1,330,000

2467083 MLS ⋅ PENDING INSPECTION Status

Investor Alert! Rare opportunity to acquire two one-story triplexes totaling 6 units in a highly convenient Tacoma location. These income-producing, hard-to-find assets feature three 2-bedroom / 1.5-bath units per building, each with washer/dryer hookups.Recent improvements include new roof and gutters, fresh exterior paint, and interior updates throughout. Each unit is equipped with carport parking and dedicated storage. Ideally located minutes to I-5 and SR-512, transit, schools, golf course, and Tacoma Mall. Buildings may be sold separately, offering flexibility for owner-occupants to live in one unit and rent the others, or for investors seeking stable cash flow.

6905 6909 S Madison, Tacoma

Listing courtesy of Lee & Associates Commercial RE.

$665,000

2467079 MLS ⋅ PENDING INSPECTION Status

Rare one-story triplex in a highly convenient Tacoma location. This income-producing, hard-to-find asset features three 2-bed/ 1.5-bath units, each equipped with washer/dryer hookups. Recent improvements include a new roof and gutters, along with interior updates throughout. The property offers carport parking with dedicated storage for each unit and includes a move-in-ready unit, providing excellent flexibility for owner-occupants or investors. Ideally located minutes to I-5 and SR-512, transit, schools, golf course, and Tacoma Mall. An identical adjacent triplex at 6909 Madison is also available, presenting a rare opportunity to acquire one or both properties.

6909 S Madison, Tacoma

Listing courtesy of Lee & Associates Commercial RE.

$1,300,000

2467071 MLS ⋅ ACTIVE Status

Are you looking for your next multi family investment? Maybe 1031 exchange? Look no further! This 10 unit apartment complex in Hilltop is an incredible opportunity and perfect for your portfolio! Very conforming 2 story complex with 5 units down, 5 units up, a laundry room, and storage room! Each unit is a 1 bed 1 bath and all separately metered! Various updates have been done throughout the interiors and exterior of the property! This is a prime location conveniently located on the Tacoma Link Light Rail, nearby UW Tacoma, Stadium District, Hospitals, restaurants, shops, entertainment, and more! Fully gated property for security and a dog run out back! This has everything you need for your next investment! Hurry before it's gone!

1405 Martin Luther King Jr Way, Tacoma

Listing courtesy of Theory Real Estate.

$665,000

2467036 MLS ⋅ PENDING INSPECTION Status

Rare one-story triplex in a highly convenient Tacoma location. This income-producing, hard-to-find asset features three 2-bed/ 1.5-bath units, each equipped with washer/dryer hookups. Recent improvements include a new roof and gutters, along with interior updates throughout. The property offers carport parking with dedicated storage for each unit and includes a move-in-ready unit, providing excellent flexibility for owner-occupants or investors. Ideally located minutes to I-5 and SR-512, transit, schools, golf course, and Tacoma Mall. An identical adjacent triplex at 6909 Madison is also available, presenting a rare opportunity to acquire one or both properties.

6905 S Madison, Tacoma

Listing courtesy of Lee & Associates Commercial RE.

$1,250,000

2447851 MLS ⋅ ACTIVE Status

Well-positioned investment property located in the desirable Browns Point area of Northeast Tacoma. With Units B & C rented and stabilized, Unit A has recently been vacated and prepped for new tenants. This triplex features generously proportioned units at ~1450 sq.ft. each and has delivered consistent cash flow at a 5.8% capitalization rate. Comprehensive recent improvements include luxury vinyl plank flooring, updated interior and exterior paint, stainless steel appliance packages, in-unit washer and dryer hookups, quartz countertops, and tile finishes. All three units offer ground-level entry, individual fenced outdoor spaces, and allocated parking with two designated spaces per unit. The property comprises two 4-bedroom, 2-bathroom units and one 5-bedroom, 2-bathroom unit, offering diverse rental market appeal. This is a well-maintained asset offering immediate cash flow alongside strong appreciation prospects in a premier Tacoma residential location.

6215 29th Street NE, Tacoma

Listing courtesy of Upside Properties.

$925,000

2446398 MLS ⋅ PENDING FEASIBILITY Status

$8,840 MONTHLY RENTS | PRICE REDUCED to a 6.78% Cap Rate | 3841 S Park Ave is a well-maintained, single-story 6-unit apartment building. Originally built in 1950 and fully renovated in 2020, the property features a low-maintenance brick façade, double-paned vinyl windows, metal entry doors, and a composition shingle roof replaced in 2020. The unit mix includes two two-bedroom/one-bath apartments and four one-bedroom/one-bath apartments, averaging 750 square feet and 550 square feet, respectively. All six units have been comprehensively renovated within the last five years with luxury vinyl plank flooring, white shaker cabinetry, new appliances, granite countertops, and LED lighting fixtures.

3841 S Park Avenue, Tacoma

Listing courtesy of Blake Investment Advisors.

$1,750,000

2409301 MLS ⋅ ACTIVE Status

Price Improvement 100k! The Alana Apartments present a rare opportunity to acquire a fully renovated 9-unit multifamily property in Tacoma. This turnkey asset features modern interiors with vinyl plank flooring, quartz countertops, new cabinetry, and upgraded fixtures, including brand-new water heaters. Exterior upgrades include fresh paint, updated railings and decking, brand-new exterior doors, a new main electrical panel, and ample off-street parking. The property offers on-site laundry and dedicated storage for each unit. With all major updates complete, the Alana Apartments deliver low-maintenance operations and strong market performance—ideal for investors seeking a stabilized asset for long-term efficiency and reliable income.

301 S 82nd Street, Tacoma

Listing courtesy of Windermere R E Mount Baker.

$1,100,000

2347502 MLS ⋅ ACTIVE Status

Brick 4-plex on one level. Great investment property, in a high density area. Very desirable , attractive multi-unit residential. One building with 4 addresses. All the units have real hardwood floors underneath the current manufactured wood.

11108 Sheridan Avenue S, Tacoma

Listing courtesy of Better Properties N. Proctor.

$1,285,000

2324610 MLS ⋅ ACTIVE Status

Great 2 story 10-plex in Tacoma with 9, 1 BD/ 1 BA units and one large studio. 100% occupied with long-term tenants at below-market rents. Centrally located and walking distance to shops and grocery stories. Exterior security lighting, 5 parking spots rented for extra income, and coin-op washer and dryer in dedicated laundry room. One of the best priced buildings in Tacoma!

5601 S Thompson Avenue, Tacoma

Listing courtesy of KW Greater Seattle.

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