Courtesy: Better Homes and Gardens RE PC
253-435-5500
Josh Prieur
Opportunity knocks on both doors of this duplex that sits on a 1/2 acre of land. 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 rent ready. Brand new roof on the building so no worries there. Each unit is 1329 sq ft, 2 BR/1.5 baths and each has a 1 car garage. Just painted interior, new flooring, clean and ready to go. 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.
Courtesy: Izzy Re Holdings, Llc
617-461-8424
Kristine Isberg
Welcome to 4510 Commons - new construction 3 unit urban lot subdivision in Proctor District. Plat includes 1 custom craftsman home & 2 luxury townhomes. Perfect for generational living, investors, 1031 or house-hackers. SFR boasts 1st floor primary bed w/ensuite bath, vaulted ceilings, custom millwork, gourmet kitchen w/induction stove, under cab lighting & down-lit display cab, fp, barn doors, loft/office space w/open railings, abundant storage & large 2-car detached garage. Townhomes feature 10' ceilings & 8' doors on main, 1 dedicated parking space, bike storage & private patios. All homes fully applianced including washer/dryer & refrig, designer millwork w/ full-wrap windows & mini-splits for year-round comfort. No HOA.
Courtesy: Coldwell Banker Bain
253-850-5000
Ryan Karns
Prime turnkey rental just one block from the University of Puget Sound! This permitted 6-bed, 2.75-bath rental offers 2,705 sq ft of updated living space and strong, consistent rental demand. Thoughtful conversions and improvements create spacious bedrooms, functional common areas, and reliable cash flow with all 6 bedrooms currently leased. Classic Tacoma charm blends with modern updates, making this an ideal long-term hold in one of the city's most desirable neighborhoods. Close to UPS, 6th Ave dining, Proctor District shopping, parks, and transit—an incredible opportunity for investors seeking stability, location, and upside.
Courtesy: Real Broker LLC
855-450-0442
Danny Altizer
Discover the perfect blend of home and investment in this updated duplex on a large corner lot. Whether you’re looking to live in one unit while generating income from the other, or simply expand your rental portfolio, this property delivers. The upper unit features 2 generous beds and 1 bth with updated flooring, doors, windows, and a bright, refreshed interior — currently home to a reliable long-term tenant. Lower unit is also a 2 bed/1 bth and underwent a complete 2020 reno, showcasing modern finishes and like-new condition from up & down. Outside, enjoy a large courtyard ideal for relaxing or entertaining. Move-in ready, and located in a desirable area. this is the smart investment you've been after. Possible ADU/DADU under new regs.
Courtesy: Properties NW of Gig Harbor
253-851-2511
Patrick Mercado
Refreshed duplex in the vibrant North Tacoma! Both units are vacant and freshly updated—giving full flexibility to owner-occupy, lease, or mix and match. Situated on a sunny corner lot, each unit offers its own private patio and separate rear/side yard space. Valuable improvements already completed include - newer electrical service panels, newer side sewer lines to each unit, cement board siding, and fresh interior/exterior paint. Each unit has a newer water heater, plus Unit 2619 features a brand-new gas furnace. Timeless oak hardwoods run through most of the living areas. Each unit also includes a dedicated one-car garage with extra storage in the attic. A low-maintenance, turnkey opportunity in a highly desirable neighborhood. Come see!
Courtesy: RE/MAX Realty South
253-397-4911
Rebecca Drew
Investor’s dream w/assumable 2.7% loan (VA or non-VA)! Character-rich 1920s Craftsman Revival blends vintage charm w/flexible multi-unit living. Leaded-glass built-ins, French doors, oak FLRS & stunning fireplaces highlight timeless detail. Main: 3BR, kitchen w/nook, open living/dining/sunroom. Upper: 2BR, office/bonus, ¾BA, kitchen & living RM. Lower: 2BR, ¾BA, kitchen, laundry & flex/storage—each level w/private access & ample parking. Laundry can serve as shared/common area. Zoned RCX for multi-gen, rental, or small biz use. Garage w/ADU potential, dbl lot, fully fenced, pre-inspected—endless opportunity!
Courtesy: Pellego, Inc.
425-441-3180
Eamonn Noonan
Great location close to everything you need for convenient living with access to shops restaurant's, food & shopping. Quiet pocket of multiple duplexes, great investment property to add to your portfolio or an owner-occupied duplex that helps you pay for your home. Just had brand new hardy plank siding installed on both duplex's that are for sale by the same owner. These duplexes have been a solid investment for the Seller for the last 20 yrs. and time for the seller to move on to another property out of state.
Courtesy: Real Estate Collection
415-525-4913
Gina Guajardo
Two adjacent 4-Plexes on separate parcels sold together. All units are 825 Sq. Ft. - 2 bdrms /1 bath, with individual washers/dryers and balconies/patios. Fully renovated in 2019: new roof, vinyl thermal windows, paint, front doors and sliders. Convenient LVP throughout, new kitchen cabinets, kitchen counters, SS appliances, trim, doors, bathroom tubs and surrounds, vanities, and toilets. Impeccably maintained and a great investment in the Tacoma area.
Courtesy: eXp Realty
888-421-2531
Breeonna Turcott
Updated duplex- perfect for the next investment!! Conveniently located near downtown, hospitals and easy freeway access. The spacious lower unit offers 3 bedrooms, 1.5 and 1200stft- Vacant and ready for a new tenant or owner occupant. The upper unit features 3 bedrooms, 1.5 baths and 800 sqft. Stylish finishes include crisp white millwork and durable hardleplank siding. Don't miss this incredible opportunity.
Courtesy: Upside Properties
206-678-2657
Gunnar Conley
Prime investment opportunity in Northeast Tacoma's coveted Browns Point neighborhood! This fully stabilized triplex delivers strong cash flow with a 5.8% cap rate and three generously sized units. Recent renovations include luxury vinyl plank flooring, fresh interior and exterior paint, stainless steel appliances, in-unit washer/dryer, quartz countertops, and tile. Each unit features ground-level access, private fenced yards, and dedicated parking (2 spaces per unit). The layout includes two 4-bedroom/2-bathroom units plus one 5-bedroom/2-bathroom unit, providing versatile rental appeal. This meticulously cared for property combines immediate income with long-term appreciation potential in one of Tacoma's most desirable residential areas.
Courtesy: Coldwell Banker Bain
253-850-5000
Ryan Karns
Investor alert in the heart of North Tacoma! This 7-bedroom, 3-bath (1 full, 1 ¾, 1 ½) home offers 2,372 sq ft of rentable space with a lease secured through May 2027. Sitting on a corner lot just steps from the University of Puget Sound athletic fields, aquatics center, and fieldhouse. This location is unbeatable for consistent rental demand with no vacancies in 17+ years. Enjoy a newer roof (2025), a main-floor deck, and easy access to UPS, 6th Ave dining, shopping, and all that North Tacoma has to offer. A prime, turnkey investment opportunity in one of Tacoma’s most sought-after areas.
Courtesy: Keller Williams Downtown Sea
206-858-6800
Nicholas Vilvandre
INVESTORS OR OWNER-OCCUPANTS! Don’t miss this South Tacoma side-by-side duplex—each unit offers 2 beds & 1 bath with a large open floor plan, bright living rooms, galley kitchens opening to dining nooks, and laundry/mud rooms leading to spacious decks and yard. Unit 1408 was fully renovated in 2015 with new electrical, plumbing, cabinets, flooring, lighting, paint & driveway. Unit 1410 was just completed—both units are fully remodeled with new panels, meters, riser & weather head. Unit 1410 is Brand New! Quartz and featuring stainless appliances, Flooring. Detached 2-car garage, fenced yard & spacious 9,000 SF NR2 lot—DADU or new build potential! Excellent rental history, strong cash flow, prime location near shopping, transit & schools!
Courtesy: Kidder Mathews
360-705-2800
Brian Richardson
Victorian Manor is a fully renovated from the studs out, multifamily asset ideally positioned in Tacoma’s rapidly expanding urban core, just two blocks from the brand-new T-Line Light Rail and minutes from downtown. Victorian Manor is a rare turnkey opportunity priced under $138K per door, has upside in rents, in a walkable, and transit-connected neighborhood that is poised for appreciation. Victorian Manor has the potential for 10%+ income growth via utility bill-back and modest rent adjustments. With Tacoma’s steady rent growth, healthcare expansion, and regional infrastructure investments this property offers both immediate yield and long-term upside.
Courtesy: Skyline Properties, Inc.
253-520-3780
Eric Johnson
Fully remodeled unique triplex delivers $8,035 month rental income from three leased units: 8 beds, 4 baths, 3,320sqft on a 9,148 sqft lot. Built in 1986 and completely renovated in 2025 with new subfloors, LVP flooring, drywall, granite counters, stainless appliances, in-unit washer/dryer, all new energy-efficient windows, modern heaters, 2019 fully new roof/gutters, fresh exterior paint, new fencing, and a 360 degree security system. Unit C features a private 1-car internal epoxied garage with storage, dual washer/dryer/hot water tank sets, and a spacious 4-bed/2-bath layout. All units 100% occupied with two VASH guaranteed leases; 6 external parking spots + 1 internal = 7 total spaces.
Courtesy: Every Door Real Estate
425-243-3482
Wendy Pedersen
The Chandler Street Apartments features eight 1-bedroom/1-bath units, which have been updated with new LVP hardwood flooring, kitchen countertops, and bath cabinetry. Exterior improvements include new paint, repaved and striped parking lot, and secure gated entry. The property is 100% occupied with low turnover, offering income stability and a current 5.79% cap rate with upside to 6.54%. Tenants enjoy on-site laundry, storage, and off-street parking. Centrally located near I-5, SR-16, transit, shopping, and dining.
Courtesy: Blake Investment Advisors
206-618-2207
Gabe Blake
6.37% 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.
Courtesy: Keller Williams Tacoma
253-460-8640
Shelly Hallsted
Fantastic investment opportunity!Own this brand-new construction 4plex built townhome style.All units rented! Near colleges & military bases,offering incredible rental income potential w/the benefit of low maintenance new construction.Each unit has modern finishes featuring an open great room w/mini-split AC system,kitchen w/quartz counters,ss appliances,LVP flooring throughout & a deck off the kitchen.Two primary bedrooms w/private baths,1car garage.Individual utility meters make this an ideal rent opportunity-live in one unit/rent the others!Possible for buyer to convert into individual condo units after purchase.A smart investment in a prime,high-demand area,multiple 3-unit & 4-unit buildings available,owner willing to sell one or all
Courtesy: Keller Williams Tacoma
253-460-8640
Shelly Hallsted
Fantastic investment opportunity!Own this brand-new construction 4plex built townhome style.All units rented! Near colleges & military bases,offering incredible rental income potential w/the benefit of low maintenance new construction.Each unit has modern finishes featuring an open great room w/mini-split AC system,kitchen w/quartz counters,ss appliances,LVP flooring throughout & a deck off the kitchen.Two primary bedrooms w/private baths,1car garage.Individual utility meters make this an ideal rent opportunity-live in one unit/rent the others!Possible for buyer to convert into individual condo units after purchase.A smart investment in a prime,high-demand area,multiple 3-unit & 4-unit buildings available,owner willing to sell one or all
Courtesy: Keller Williams Tacoma
253-460-8640
Shelly Hallsted
Fantastic investment opportunity!Own this brand-new construction triplex built townhome style.All units are fully rented.Near colleges & military bases,offering incredible rental income potential w/the benefit of low maintenance new construction.Each unit has modern finishes featuring an open great room w/mini-split AC system,kitchen w/quartz counters,ss appliances,LVP flooring throughout & a deck off the kitchen.Two primary bedrooms w/private baths,1car garage.Individual utility meters make this an ideal rent opportunity-live in one /rent the others!Possible for buyer to convert into individual condo units after purchase.A smart investment in a prime,high-demand area,two 3-unit & 4-unit buildings available,owner willing to sell one or all
Courtesy: Keller Williams Tacoma
253-460-8640
Michael Putnam
Owner Financing up to 400K for 2 years. 4-Plex w/storage, 1212 S. I Street is a turnkey investment/house hack opportunity that delivers both dependable income and long-term value appreciation. With all four units updated studs out in 2000 and generating stable rental revenue. Strong tenant demand driven by nearby employment and education and clear potential for value-add improvements, this property offers an ideal balance of security and growth. Owners/Investors/first time house hackers seeking a manageable, well-located asset in a dynamic Pacific Northwest market will find 1212 S. I Street to be a compelling choice. New roof and exterior paint within the last year as well as newly stained decks make this property shine.
Courtesy: Real Broker LLC
855-450-0442
Alexandra Clouse
Located in North Tacoma’s desirable Three Bridges District, this well-maintained 5-unit building (Four 1-bed units + One studio unit) offers strong rents, long-term occupancy, and excellent upkeep. Minutes from downtown, hospitals, transit, and top amenities, it’s a rare find in one of the West Coast’s fastest-growing rental markets. Value-add potential includes adding W/D hookups to larger units and finishing part of the basement to create a 6th income-producing unit (buyer to verify). A prime opportunity for seasoned or first-time investors alike.
Courtesy: Lpt Realty Llc
253-300-1000
Joseph Stone
Fantastic Central Tacoma investment opportunity! This well-maintained 4-plex features four 2-bedroom, 1-bath units—each with hardwood flooring throughout the living space and kitchen, plus stylishly updated kitchens. Recent improvements include a newer roof, fresh paint, and renovations within the past five years, making this a true turnkey property. With a 5.5% cap rate and 0% current vacancy, this is a rock-solid addition to any portfolio. Tenants enjoy a community garden and easy access to shopping, Allenmore Golf Course, local parks, and schools. Showings available only after mutual agreement—please do not disturb tenants.
Courtesy: Real Broker LLC
855-450-0442
Jennifer Berg
Adorable, renovated 1912 Duplex + Cottage! All the modern amenities w/turn-of-the-century charm. Prime location in desirable 6th Ave neighborhood, walking distance from coffee shops, parks, bistros, shopping, entertainment. Commuter's dream- minutes from downtown and University of Puget Sound. Fully remodeled in 2022: electrical, plumbing, heating, windows, flooring, interior/exterior paint. Newer roof + recently relined sewer make this a no-brainer! Units A & B in Duplex; Unit C is cottage in the back. Addl 700+sqft unfinished basement- potential to rent out for extra storage, or living space! Fully rented w/tenants paying own utilities. This property just appraised for $656k. Gain instant equity with your new cash-flowing investment!
Courtesy: Berkshire Hathaway HS NW
253-946-4000
William Weflen
Excellent Tacoma investment opportunity! This well-kept 4-plex delivers a 5.08% CAP RATE with upside potential!! Each unit is single-level, 1 bed/1 bath, with proven 0% vacancy rate. Recent improvements include a brand-new metal roof, refreshed exterior, and two updated units with luxury vinyl plank flooring and new paint. Added income from on-site coin-op laundry plus private storage for each unit. A hedge against inflation, this property produces steady monthly cash flow and offers tax advantages. With strong occupancy, rental demand, and income streams, it combines reliability with growth potential. Prime location near a new elementary school, PLU, JBLM, retail, dining, and quick access to WA-512 & I-5. Please do not disturb occupants.
Courtesy: Theory Real Estate
253-537-4663
Ronald Dudley
HOUSE HACKERS AND INVESTORS! Don’t miss out on this opportunity to own a duplex w/ a DADU in South Tacoma! Spacious 2 bed 1 bath units in the duplex and a studio for the DADU! Fully fenced yard for the upstairs unit and a fireplace! Off street parking out back for the downstairs tenant and DADU! The convenient location nearby freeway access, shopping, restaurants, entertainment, DT, and more makes for good rental and good living! Dedicated laundry in each unit! Potential condoization for even more opportunity? Buyer to verify! Exterior paint of Main House to be done prior to close or credit with full price offer!
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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.
