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 presents a stabilized 8-unit multifamily investment offering a current 6.0% cap rate with upside to 6.8%. The property consists of eight 1-bed x 1-bath units and is 100% occupied with historically low turnover, providing immediate and reliable cash flow. Recent interior upgrades include new LVP flooring, updated kitchen countertops, and refreshed bathroom cabinetry. Exterior capital improvements feature new paint, a repaved and striped parking lot, and a secure gated entry. Tenant amenities include on-site laundry, storage, and off-street parking. Centrally located with convenient access to 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: 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(vacant) & B(rented) in Duplex; Unit C(rented) is back cottage. Addl 700+sqft unfinished basement w/plumbing- potential to rent as storage, or use as living space! Tenants pay own util's. This property just appraised for $656k. Gain instant equity with your new cash-flowing investment!
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!
Courtesy: Best Choice Realty LLC
206-886-3986
Jinyu Gao
Investor & owner-occupant alert! Well-maintained, turn-key townhouse-style Duplex in prime Tacoma location offers strong rental income potential w/ zero utility expenses for the landlord—only taxes and insurance. Built in 2009, each unit features 1,279 sq ft, 3 bedrooms, 2.5 baths, in-unit laundry, a 231 sq ft garage w/ additional driveway parking, and separately metered utilities. The lower level boasts open-concept living area leading to a private fenced yard, while the upstairs includes a spacious primary suite & two additional bedrooms. Unit B is vacant & move-in ready; Unit A upgraded in 2025 with a fully renovated kitchen and new SPC flooring. Located near I-5, Tacoma Mall, and public transit. No-brainer opportunity!
Courtesy: Windermere R E Mount Baker
206-725-7255
Marcus Williams
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.
Courtesy: Blake Investment Advisors
206-618-2207
Gabe Blake
Marguerite Apartments is a meticulously well-maintained 14-unit apartment investment opportunity located in an "A" North Tacoma location. Nine of the fourteen apartments have been renovated to include; stainless steel refrigerators, sinks, oven/range and dishwashers, new lighting fixtures, new luxury vinyl plank flooring in living room, dining room, and kitchen, granite kitchen and bathroom countertops, tile flooring in the bathrooms. The property features a desirable unit mix consisting of 7 one-bedroom units averaging 477 square feet, 6 two-bedroom units averaging 920 square feet, and a top-floor, penthouse suite with ocean views spanning 1,200 square feet, also equipped with a private roof-top deck. There are 13 on-site parking spots.
Courtesy: Keller Williams Tacoma
253-460-8640
Brian Thayer
Stadium District Colonial Apartments is a rare chance to own a premier multifamily asset in one of Tacoma’s most desirable neighborhoods. Just steps from the Tacoma Lawn & Tennis Club, 523 N E Street boasts a strong history of steady income and near-full occupancy.This building features timeless architecture and sweeping Puget Sound views. Located in Tacoma’s Stadium District—an irreplaceable “A+” location—this iconic property offers historic charm, unmatched setting, and consistent performance. A truly unique investment opportunity in the heart of North Tacoma. Value-add upside with rent growth potential and long-term appeal makes this property a trophy investment! Rents are projected. SELLER FINANCING OPPORTUNITY.
Courtesy: eXp Realty
888-421-2531
Mandy Afrassiabi
Assumable loan of 4.4% four years left on a 7 year commercial loan, 9 years left on tax exemption for this turn Key fiveplex with great cash flow makes an attractive investment. Town house style, with two covered parking spaces for each unit. Each townhome is three stories with two primary bedrooms, full baths plus another half bath, open concept kitchen/ family rooms with powder room for guests. Short distance to Wapato Park and stores. No maintenance, NO HOA building makes this property a great long term rental. You won’t regret this.
Courtesy: Berkshire Hathaway HS NW
425-453-9100
Jennifer Wen
Great opportunity for investors or DIY buyers! Live-in one unit & let the other two help pay your mortgage. This East Tacoma Triplex sits on a larger corner lot at the start of a quiet cul-de-sac w/easy access to HWY 7 & I5. Each unit is 2 beds/1bath approximately 800 SF w/ 2 parking spaces. Currently bringing in $5095/mo with upside potential as units are updated. Newer roof and each unit is separately metered for electricity. Add value while building equity-don't miss this versatile investment! Ask about the $8000 First Time Homebuyer Grant or WSHFC Down Payment Assistance to get you into this home today.
Courtesy: 1 Percent Lists
253-459-0235
Rachel Veary
Turn-key Owner-Occupy Opportunity - Live in your own detached cottage while collecting rental income on site! This property consists of a triplex in the main house plus a separate DADU cottage at the rear of the lot, creating an ideal house-hack setup where you can live privately while your rentals help offset the mortgage. The main house includes three units total: the lower level is Unit A, a spacious 3-bedroom/1-bath and the largest unit, while the upper level contains Unit B, a studio apartment, and Unit C, a 1-bedroom/1-bath apartment. The fourth unit, Unit D, is a 1-bedroom/1-bath + office DADU cottage with its own private fenced yard, fully separate from the main house. Entire property is fenced with alley access, keeping living areas and parking set back from street traffic. Unit B is newly furnished and ready for mid-term or furnished tenancy. The property has successfully operated as long-term, mid-term, and short-term rentals, offering flexibility for future ownership. The basement features approximately 9-foot ceilings with partial finish & storage rooms. Extensive improvements include full DADU remodel, updated units, newer appliances, new roof and gutters in 2024, tankless hot water system, full electrical replacement, new concrete, new front deck, and recent interior and exterior paint. Current income totals $6,700/month or $80,400/year with NOI of $64,827, 8.15% cap rate, GRM of 9.89, and annual expenses of approx. $15,573. Appraised Aug 2025 at $848,000+.
Courtesy: John L. Scott R.E.Tacoma North
253-999-5539
Francie Zanuzoski
Centrally located triplex - located on a quiet dead end street. Ideal for owner occupied. Features include 3 bedrooms, 1 & 1/2 baths with refrigerator, stove, dishwasher, washer, dryer, covered carport and additional parking. A fenced backyard with garden & patio area. New roof & fresh paint (2025) Close to freeways, shopping & parks closeby. Multi-family properties with 3 bed units are seldom available.
Courtesy: COMPASS
425-242-6440
Patrick Buckley
A remarkable Four-plex opportunity featuring two 3-bed, 1-bath units & two 1-bed, 1-bath units, each adorned with covered porches, gas forced air heat, hardwood, fir floors & original charming built-ins. Three units boast updated kitchens with stainless appliances and newer cabinetry. Recent system upgrades encompass a new water supply line, all new supply plumbing, a new sewer line, 2 new 80-gallon water heaters and a new furnace. Additionally, the property includes a 5-bay garage off the alley, a fully fenced back yard, and an unfinished basement with shared laundry, open storage, and 4 individual storage units. Significant upside potential by renting the garages. Easy access to new light rail, Wright Park, and the medical center.
Courtesy: Tribeca NW Real Living
425-691-8800
Garrett Whipple
Turnkey Duplex with Long-Term Tenants – Great Tacoma Investment! Investor-ready duplex in a prime Tacoma location! 11104 Ainsworth Ave S offers two well-maintained units—each with 2 bedrooms, 1 bathroom, and private garage space (2-car garage for one unit, 1-car for the other). Both units are occupied by reliable long-term tenants, providing immediate cash flow. Enjoy the fully fenced backyard, perfect for tenant privacy and added outdoor space. Located near Pacific Ave, I-5, and JBLM, this property is in a high-demand rental area with easy access to shopping, schools, and public transportation. Whether you're expanding your portfolio or just getting started, this turnkey opportunity is ready to go.
Courtesy: Terrafin
253-466-3736
Prana Briggs
Rent by the room! Large homesite offering 7 private bedrooms with a full bath, 27" cabinet, microwave & mini-fridge. Rent each bed to maximize ROI. A pro-forma cap rate of 9% w/ this new construction. Features solid core doors, individual electronic door locks on each bed, ductless mini-split heating/cooling, 2 electrical panels, irrigation system, 2 hot water tanks, 2 W/D set ups & two full kitchens (1 in main home & 1 in attached ADU). ADU has separate entrance. storage & camera system. Built for long term durability & low maintenance (all LVP flooring, all countertops & window seals quartz). At a market cap rate of 5.5% this property has a valuation of $1,250,000 Great investment opportunity.
Courtesy: Northwest Home Sales
253-640-0669
Gene Quinney
Each unit has 3 bedrooms and 1.75 bathrooms. Once in a lifetime opportunity has hit the market. Whether this opportunity is for a quick return on your investment or a long term wealth building strategy, this Turn Key Asset will produce upon your acquisition. Its proximity to amenities and thriving neighborhood is certainly a crowd pleaser. Strategically positioned in a prime location, this income generating asset which is close to public transit and in an area of strong rental demand with zero vacancy is a must see for anyone looking for future wealth creating rewards and potential growth.
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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.
