Courtesy: Timber Real Estate
253-389-8961
Joshua Meeks
What if your next home could help pay for itself? Discover a smarter path to homeownership with this fantastic Tacoma duplex! Live in one side while your tenant helps offset your mortgage with $2,295 in monthly rental income, potentially making homeownership more affordable than purchasing a traditional single-family home. Each spacious unit offers 3 bedrooms and 2 bathrooms, providing a total of 6 bedrooms and 4 bathrooms. One unit is currently occupied, generating immediate rental income, while the other is vacant, beautifully staged, and newly remodeled, ready for you to move right in! Whether you're a first-time buyer, looking to build your investment portfolio, or simply wanting to make your housing dollars work harder, this property offers an incredible opportunity to build equity while generating income. Curious how buying a duplex could actually be easier to qualify for than a single-family home? Reach out and let us walk you through the financing options with our preferred lender and show you how attainable owning an income-producing property could be!
Courtesy: TS Property Management
253-512-1000
Joo Park
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.
Courtesy: Kidder Mathews
360-705-2800
Brian Richardson
FULL MARKETING PACKAGE IN SUPPLEMENTS. This Grand Terrace Fourplex features oversized 900 SF 2BR/1.0BA units with the kind of unit profile renters fight over. Each apartment includes in-unit washer/dryer, a dedicated single-car garage, and a storage locker. Location is a win being minutes to Hwy 16 & I-5, Tacoma Mall, and Village at Chambers Bay, plus walkable access to a major bus route and daily-need amenities. In-place rents average $1,650/mo with clear mark-to-market upside supported by nearby 2-Bedroom rent comps averaging $2,115. Stabilized cap rate of 6.5% cap and market cap rate of 7.8%.
Courtesy: Congress Realty
888-881-4118
Jared English
Furnished South Tacoma duplex with two occupied units and established rental income. Fully remodeled in 2018, with improvements including a new sewer line, electrical system, water heater, and roof. Previously used for furnished travel nurse housing and short term rentals. Current monthly rents are $2,100 for the upper unit and $1,800 for the lower unit, totaling $3,900 per month. Furniture, televisions, and artwork are included. Each unit has separately metered electricity.
Courtesy: Kelly Right RE of Seattle LLC
206-525-5235
Robert Brown
Great investment opportunity or house hack! This low maintenance solid brick duplex sits on 1.54 acres and boasts a strong rental history with consistently low vacancy. Each unit is 2-bedroom, 1.5-bath unit and was rented at $1,875 per month. Added bonus of 1.5 acres of flat and open land. Bring your vision and explore what might be possible. Both units are fresh and move in ready, featuring; new carpets, fresh paint, fireplaces, forced-air heat, vinyl windows, dishwasher, and attached 1-car garages. New roof installed in 2018. A rare chance to own a well-performing income property with upside potential.
Courtesy: Multifamily Properties
206-250-6961
Brandon Vukelich
*PRICE DROP!* HOUSE HACKER or INVESTOR SPECIAL ON HILLTOP! It has been maintained incredibly well by the owner for over 20 years. Nearly $70,000 in recent improvements! New roof $17k, exterior paint $17k, lower unit remodel $31k & new alley gate $3245. Rare, high quality duplex where the big-ticket work has already been done. Perfect first rental property or if looking to expand your current portfolio. Both apts are 2-bed, 1-bath units with access to shared laundry. Main level lease expired OCT 1. Upstairs tenant is MTM. Both have been served $50 increase notices effective NOV 1, 2026. Opportunity to recapture w/s/g via RUBS. Gated, off-street parking available. For the owner-occupant, live in one unit while the second unit helps offset your housing costs, the classic house-hack strategy with the added benefit of owning a property with strong long-term investment potential. The location is another major asset. Situated near the heart of Tacoma, residents enjoy convenient access to Downtown, UW Tacoma, employment centers, dining & public transportation. Beer lovers: the duplex is on the same street as E9 Brewing & Redd Dog Brewing! Nearby transit options for residents commuting throughout Tacoma & the South Sound. This property is ready for its next owner to enjoy rather than inherit a heavy cap ex/renovation list. Easy to self-manage. Seller's exit is your gain. Lot may accommodate future DADU development. Buyer to verify measurements, zoning, rents & financing eligibility.
Courtesy: Blake Investment Advisors
206-618-2207
Gabe Blake
Introducing the Stadium District Bayview Apartments, an iconic trophy 7-unit multifamily investment overlooking Commencement Bay, offered to the market for the first time in over 80 years and showcasing irreplaceable vintage Dutch Colonial charm. Located in Tacoma’s highly desirable Stadium District, the property is just steps from the Tacoma Lawn Tennis Club, Annie Wright Schools, and Stadium High School. This is a truly special opportunity for either an investor or owner-occupant, offering strong in-place cash flow alongside the rare opportunity to take advantage of the currently vacant 2,500-square-foot owner’s unit. This expansive 4-bed, 2-bath residence features three separate living areas, a spacious dining room, and an impressive 850+ square-foot private deck. Market rent comparables suggest the unit could command approximately $4,000 per month, providing a new owner with the flexibility to either occupy the residence or further enhance the property’s income. The property features a unique unit mix consisting of the main four-bedroom, two-bathroom unit, five spacious one-bedroom apartments averaging 683 SF, and a 455-SF studio apartment. The main residence and Unit C feature in-unit laundry, while the remaining residents benefit from a common laundry room located in the basement. Major capital improvements include updated electrical panels throughout the property and a roof replacement completed within the last 10 years. Come tour this special asset!
Courtesy: BCR LLC
206-886-3986
Christel Osterstrom
Investment opportunity in South Tacoma! Bring your vision and unlock the potential of this centrally located duplex. Offering approximately 1,728 square feet of rentable living space, divided into two unite, on a 6,600-square-foot lot, this property provides an opportunity for an investor looking to improve, reposition, and build long-term value. The two-story property features a partially fenced lot, alley access, paved street, three uncovered parking spaces, and separate living opportunities under one roof. The home offers a mix of laminate, vinyl, and carpet flooring and electric baseboard heat. With 50% vacancy, there may be an opportunity for a new owner to renovate the vacant space while maintaining income from the occupied portion. New roof has been scheduled to be installed. Convenient Tacoma location with an attractive $430,000 asking price. Whether you're looking to expand your rental portfolio, renovate and hold, or explore the property's future potential, this is an opportunity worth a closer look. Bring your ideas and make this South Tacoma duplex work for you!
Courtesy: Windermere Prof Partners
253-565-1189
Ashley Mills
A rare Tacoma redevelopment opportunity with enormous potential. This historic property offers an expansive nearly 3/4 acre lot with a 37 unit configuration, creating an exceptional canvas for an investor, developer, or visionary buyer. Currently vacant and in need of a complete renovation, this property is ready for someone to bring imagination, creativity and strategic vision to its next chapter. Listed on the Historic Register, the property offers distinctive character and architectural significance alongside incredible development potential. A conditional use permit will be required. Conveniently located near the Tacoma Mall, major freeways, restaurants, shopping, and everyday amenities, the location offers both accessibility and strong surrounding infrastructure. The combination of scale, location, historic character makes this a truly uncommon opportunity.
Courtesy: Windermere Prof Partners
253-565-1189
Greg Devey
Unbeatable turn-key investment opportunity featuring a fully occupied 4-plex with many long-term, stable tenants in a prime neighborhood surrounded by well-maintained properties, delivering immediate cash flow and predictable returns. Each spacious 918 sq. ft. unit offers 2 large bedrooms with dual walk-in closets, 1 full bathroom, all major appliances including in-unit washer and dryer, dual-pane windows, and private decks or patios with extra storage space. Three units feature cozy fireplaces, while recent capital improvements include new siding (2018) and a complete renovation of one unit (2025). Please DO NOT DISTURB TENANTS; (Owner is a licensed Real Estate Broker).
Courtesy: COMPASS
425-242-6440
Erez Toker
Located in the Lincoln District, this traditional duplex offers an abundance of local amenities, and fantastic access to I-5. Over $250k was spent updating this property to make it ready to provide the new owners. This tastefully renovated home will offer many years of low-maintenance ownership due to the update of all major systems, in addition to the renovation, including electrical, plumbing, insulation, baths, and kitchen. Listing agent is also manager of the LLC selling the property.
Courtesy: Windermere R.E. Shoreline
206-546-5731
Chris Haynes
Desirable side by side one story duplex with attached garages. "Investor Alert" or "House-Hack Alert" with owner occupied potential! Remarkable, great cash flow investment. 100% occupied. Well-maintained duplex has two 2 bedroom/1 bath units. Each side has an attached one car garage with off street parking. Located in Portland Heights near newer residential home development. Large primary bedrooms. Secured fully gated/divided fence. Concrete driveways. Easy access to back decks & secured yards. Light & bright layouts with large open kitchen & dining rooms. Minutes to I-5, school, easy access to work or school commutes, shopping, and entertainment.
Courtesy: Pellego, Inc.
425-441-3180
Bao Phung
Updated Tacoma 4-plex with strong income-growth potential. 4 units are currently rented, providing immediate rental income, with opportunity to increase rents with lease renewals. Ample on-site parking adds strong tenant appeal. Convenient location near shopping, dining, parks, schools, employment, and major roadways. Updated units, new roof in 2024, existing income, parking, and upside make this a compelling multifamily investment.
Courtesy: Neighborhood Experts Real Est.
253-313-4093
Falynn Auston
Excellent investment opportunity with this well-maintained duplex featuring two desirable 2-bedroom, 1.5-bath units in a private, convenient location. These thoughtfully designed floor plans are consistently easy to rent, making this an ideal addition to any investment portfolio. One unit is occupied by a long-term tenant, while both units have been well cared for. Each home offers a functional two-story layout with the living areas, kitchen, laundry, and a convenient half bath on the main level, while both bedrooms and a full bathroom are located upstairs. Each unit also includes its own washer and dryer, a covered parking space, and ample storage. Surrounded by mature landscaping that provides a sense of privacy for tenants, this property offers a peaceful setting while remaining close to shopping, dining, schools, and major commuter routes. Whether you're looking to expand your rental portfolio or invest in a property with strong long-term appeal, this duplex is one you won't want to miss.
Courtesy: Multifamily Properties
206-250-6961
Brandon Vukelich
*RARE UR-3 INVESTMENT + DEVELOPMENT OPP - EXISTING 4-PLEX ON 10,251 SF LOT* Perfect if you're looking for your first rental property or wanting to expand your current portfolio! This fourplex near Tacoma's North End features four spacious 3-bed, 1.5-bath units, each with full w/d + f/p. Units 1 & 4 remodeled (est $15k) AUG '26 & have been kept vacant for new owners, providing your chance to capture market rents & recapture w/s/g via RUBS. Target 6.25%+ CAP. House hackers, occupy one while the other 3 pay your mortgage. Fresh ext paint, newer water heaters, new flooring, int paint. The 3-bed floor plans are attractive to renters, appealing to groups of 4+ seeking more space without the cost of a home. Location is an advantage. Very convenient self-storage facility right next door. Great access to I-5, SR-16 & services, while remaining close to hip 6th Ave & downtown. For commuters to JBLM or going north to King Co, the area provides major transportation options. Whether you're a seasoned investor looking to increase rents & build long-term equity or an owner-occupant seeking a smart house-hack, this property offers multiple paths to maximize your investment & deserves your serious consideration. A chance to acquire a 4plex with 3-bed units with immediate upside or owner-occupant flexibility are increasingly difficult to find in today's market. No HOA, clean records, easy to self-manage. Seller's exit is your gain. Buyer to verify measurements, rents & financing eligibility.
Courtesy: Multifamily Properties
206-250-6961
Brandon Vukelich
* SOLID, LOW MAINTENANCE INVESTMENT OPPORTUNITY * The fourplexes in the Orchard Park Apt community are rarely available, last sale was 2021. This is perfect if you're looking for your first rental property or want to expand your current portfolio by four doors! This apt community is located just south of Fircrest & east of University Place. It features four spacious 2-bed, 1-bath units, each with full w/d, fireplace + carport parking, a leasing advantage in this corridor. Unit C fully updated 2024. Both upper units have balconies, lower units enjoy patio space. New $20k roof. Lease renewals could provide the opening to implement RUBS to recapture w/s/g exp. One unit is expected to vacate 09/30 giving house hackers the chance to occupy one while the other 3 pay your mortgage. Great access to I-5, SR-16 & neighborhood services. For commuters to JBLM or going north to King County, the area provides major transportation options. Whether you're a seasoned investor looking to increase rents & build long-term equity or an owner-occupant seeking a smart house-hack, this property offers multiple paths to maximize your investment & deserves your serious consideration. The chance to acquire a well-maintained 4plex with potential upside or owner-occupant flexibility are increasingly difficult to find in today's Puget Sound market. HOA covers garbage & landscaping. Clean records, easy to self-manage. Seller's exit is your gain. Buyer to verify measurements, rents & financing eligibility.
Courtesy: eXp Realty
888-317-5197
Diana Lopez
Income-Producing Triplex with Workshop & DADU Potential in South Tacoma (includes two parcels) Don’t miss this incredible opportunity to own a triplex in a great South Tacoma location while generating rental income! Live in one unit and rent out the other two, helping offset your mortgage while building equity. The vacant 1-bedroom, 1-bath unit is completely updated and move-in ready, making it ideal for an owner-occupant or new tenant. The property offers plenty of parking for residents and guests, along with convenient in-unit laundry. One of the standout features is the approximately 1,800–2,000 sq. ft. oversized garage/workshop, offering an exceptional amount of space for a business, hobbies, storage, or future expansion. The workshop also presents potential for a Detached Accessory Dwelling Unit, offering an exciting opportunity to explore additional living space or income potential, subject to buyer verification and applicable zoning/permit requirements. With multiple income-producing units, a massive on-site workshop, ample parking, and DADU potential, this property offers flexibility and opportunity rarely found at this price point. Live in one, rent the others, utilize the workshop, and explore the possibilities! Whether you're looking for your next home, an investment property, or both, this South Tacoma triplex is an opportunity you don't want to miss!
Courtesy: Keller Williams Rty Tacoma
253-460-8640
Brian Thayer
Looking to expand your Tacoma multifamily portfolio or make your first investment? This fourplex offers a strong value-add opportunity with several major improvements already completed or underway. The exterior has been freshly painted, two units have been fully renovated, and two additional units have received bathroom updates. The crawl space has also been improved with a new vapor barrier and insulation, and a New Roof just installed! Additional upside remains in the two units that have not yet been fully renovated, along with the opportunity to bring rents closer to current market levels. With an effective renovation and leasing strategy, the property offers the potential to improve cash flow, target approximately a 6% return, and build long-term equity through increased income and property value. A solid opportunity for an investor looking to improve an existing asset, increase rents and unlock additional value in the Tacoma market.
Courtesy: 5 Star Property Management
253-314-1057
Delores Cante
Located in Tacoma’s Yakima neighborhood, this 4BD/2BA Victorian duplex presents a full rehabilitation opportunity for investors, builders, or buyers looking to create value from the ground up. The structure is currently in derelict condition and will require extensive repairs and updates throughout. The home shows significant deferred maintenance, with visible wear to the exterior siding, roofing, and windows. Inside, the property will need a complete overhaul, including flooring, walls, fixtures, and major systems such as electrical, plumbing, and HVAC. The condition suggests this is best suited for a cash purchase or renovation financing. Situated with access to local amenities, commuter routes, and Tacoma services, the location remains a strong point for future upside after renovation. This is a true fixer-upper being sold as-is, ideal for those ready to take on a substantial project and unlock the property’s potential.
Courtesy: COMPASS
206-448-8888
Andy Lee
Discover the perfect house-hack or multi-generational living opportunity in Tacoma’s Fern Hill neighborhood. Beautifully remodeled, this home with an attached dwelling / 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.
Courtesy: Redfin
253-201-3130
Brian Richards
Unique opportunity on Center Street! This property offers three homes on one parcel, creating a range of potential uses and investment strategies such as multi-family potential. The property features M-1 zoning within a Light Industrial District, allowing for many manufacturing, industrial, and other permitted uses. Property has two garages/workshops. The homes need cosmetic updates, while most mechanical systems have been updated. Excellent frontage provides strong visibility and accessibility. Explore the possibilities for residential use, investment, redevelopment, or future business applications. Buyer to verify all uses, zoning, and development options.
Courtesy: Blake Investment Advisors
206-618-2207
Gabe Blake
SELLER FINANCING NOW OFFERED WITH A 4.5% INTEREST RATE, 40% DOWN PAYMENT, INTEREST-ONLY PAYMENTS, & 5-YEAR BALLOON The Prime Stadium District 7-Unit is a turnkey apartment investment in one of Tacoma's most sought-after neighborhoods. The three-story building consists of five one-bedroom units averaging approximately 606 square feet and two studios averaging approximately 520 square feet, a unit mix that has proven easy to keep full in this submarket. The renovation work is already done. Current ownership has updated every unit with a mix of refinished hardwood floors, granite countertops, new kitchen cabinetry, stainless steel appliances, tiled backsplashes, new bathroom tub surrounds, vanities, toilets, and LED lighting. Ownership also installed a brand-new composition roof last year, taking the largest near-term capital expense off the table for a new owner. Units 1 and 6 have in-unit washers and dryers, and the remaining units share a common laundry room in the basement. The property sits on a corner lot within walking distance of the restaurants, retail, and amenities that define the Stadium District, with convenient access to Tacoma's major employment centers. That location, in a safe and affluent neighborhood, is why operations have been exceptionally stable with near-zero economic vacancy throughout current ownership.
Courtesy: Goldhouse Realty
253-254-6139
Jeffrey Ogden
STOP SCROLLING!! Investor Special! Located in the Heart of Downtown Tacoma. This four-unit property presents an exceptional opportunity for investors, builders or owner-occupants looking to unlock significant potential through renovation and improvements. With strong income potential and a highly desirable location this four-plex offers endless opportunities. The property is conveniently located near local shops, restaurants , entertainment, public transportation and major medical facilities. Residents will enjoy easy access to everything the city of Tacoma has to offer. Bring your vision and creativity to transform this property into an amazing investment opportunity. Properties with this size , location and potential are becoming increasingly more difficult get it while it last. Sold AS IS
Courtesy: Park 52, Inc.
253-473-5200
Carrie Jakeman-Swafford
Don't miss this fantastic investment opportunity! Ideally located just minutes from shopping, Spanaway Park, I-5, SR-512, and JBLM, this well-maintained duplex offers the perfect combination of convenience and income potential.Whether you're expanding your investment portfolio or looking for an owner-occupied property with rental income, this duplex checks all the boxes. Both units are occupied by reliable long-term tenants, providing immediate, consistent rental income.Each unit features a bright, open-concept floor plan with vaulted ceilings, skylights, and a cozy gas fireplace and furnace (new in 816) that creates a warm and inviting living space. A private one-car garage for each unit adds everyday convenience and enhances tenant appeal.With a strong rental history, desirable layout, and prime location near major commuter routes and local amenities, this is an outstanding opportunity you won't want to miss.
Courtesy: John L. Scott, Inc
253-852-9200
Shane Lewandowski
Looking for a great investment? Something to add to your portfolio? This wonderful 6 bedroom, 4 bath duplex is just the key! Fully remodeled in 2023 on one side and the other side was fully remodeled in 2014. New Roof in 2014, white cabinets, quarts counter tops, stainless appliances, new flooring, all new trim, popcorn ceilings were scraped and textured. All new sinks, heaters and outlets replaced. Huge back yard, one car garage on each side and all appliances stay! Newer vinyl windows, crawlspace insulated, newer garage doors and all gutters replaced. Nice driveway for parking, quiet area and close to schools, shopping, restaurants and JBLM. Make sure you check this nice duplex 6 bedroom, 4 bath out today!
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: [email protected]).
“The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.”
Tacoma is located in Washington. Tacoma, Washington has a population of 217,332. Tacoma is less family-centric than the surrounding county with 27.73% of the households containing married families with children. The county average for households married with children is 32.93%.
The median household income in Tacoma, Washington is $69,956. The median household income for the surrounding county is $82,574 compared to the national median of $69,021. The median age of people living in Tacoma is 36.7 years.
The average high temperature in July is 77 degrees, with an average low temperature in January of 36.5 degrees. The average rainfall is approximately 40.9 inches per year, with 4.2 inches of snow per year.
