Tacoma WA Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
2,390
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.29 Acres
Year built:
1950
Baths:
MLS#:
2339341
Subdivision:
Parkland

ADDITIONAL INFORMATION

Discover an exceptional investment opportunity with this TRIPLEX situated on a spacious corner lot. This fully occupied property features 3 distinct residences: the main house offers three bedrooms and one bathroom in 1,150 sf. The second home includes two bedrooms and one bathroom in 660 square feet, while the third unit features one bedroom and one bathroom across 550 square feet. All units come with in-unit laundry facilities, enhancing tenant convenience and increasing rental appeal. The large corner lot provides a generous outdoor space, ideal for gatherings or future development potential. Don’t miss your chance to secure this unique asset with diverse rental income potential. Schedule a viewing today to explore the possibilities!

Type:
Multi-Family
Sq.Ft.:
1,968
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.29 Acres
Year built:
1964
Baths:
MLS#:
2340611
Subdivision:
Parkland

ADDITIONAL INFORMATION

Located in a prime Parkland location just minutes from Pacific Lutheran University, this well-maintained duplex offers a great unit mix: a 2-bed/1.75 bath and a 4-bed/1 bath, both currently rented for a solid income stream. Unit 1738 has been fully updated with new kitchen cabinets, countertops, flooring, and modernized bathrooms, while Unit 1740 boasts fresh paint and new flooring. A huge 960 sqft detached garage provides ample storage or workspace potential. Both units enjoy covered decks and fenced backyards for added outdoor space. With its prime proximity to PLU, JBLM, restaurants, shopping, and bus lines, this duplex is an excellent investment opportunity not to be missed!

Type:
Multi-Family
Sq.Ft.:
21,600
Status:
Active
Beds:
n/a
Lot size:
0.48 Acres
Year built:
1971
Baths:
MLS#:
2335254
Subdivision:
Parkland

ADDITIONAL INFORMATION

Heather Court is a well-maintained, value-add investment opportunity offering strong growth potential and reliable returns. This 32-unit property, built in 1971 and renovated in 2017, blends modern upgrades with classic charm, featuring spacious one- and two-bedroom apartments averaging 675 SF. Recent improvements, including a new roof, updated exterior, and interior enhancements like hardwood floors and refreshed cabinetry, attract high-quality tenants and support rental income growth. With light upgrades, rents can be increased by 6.5%, achieving a projected 6.1% cap rate. Ideally located in Parkland, near major employers like Joint Base Lew-McChord, Boeing, and UW Tacoma, Heather Court benefits from strong rental demand.

Type:
Multi-Family
Sq.Ft.:
4,580
Status:
Active
Beds:
n/a
Lot size:
0.26 Acres
Year built:
1950
Baths:
MLS#:
2334653
Subdivision:
Parkland

ADDITIONAL INFORMATION

Investor Alert. As-Is 4-plex has and will generate a fantastic cash flow and rare of retorn. This 4-plex is now 100% vacant with some work needing to be finished. This is being sold with the buyer taking on a little sweat equity by painting and finishing the flooring/ trim installation in some units. The 4 bed 2 bath upper unit is ready to occupy by the Buyer or a tenant. Exceptional value for 4-units in Tacoma with great opportunity. While non-conforming, the property provides great accommodations to tenants with plenty of parking and large units with in-unit laundry. This will need to be a cash, hard money or credit line purchase.

Type:
Multi-Family
Sq.Ft.:
3,456
Status:
Active
Beds:
n/a
Year built:
1980
Baths:
MLS#:
2287843
Subdivision:
South Tacoma

ADDITIONAL INFORMATION

You won’t want to miss this rare investment opportunity in a prime location! Close to JBLM all main attractions that Tacoma-Lakewood has to offer. This well-maintained Fourplex offers large units w/ 2 bedroom(s), 1 bathroom(s). Large decks on top units, & spacious back yard for lower units. Rock-Fireplace(s) on all units. One of the top units is spacious & completely remodeled, plenty of storage, in-unit laundry & Vacant for the first time in years! This property comes with 4 separate garages for tenant's vehicles & storage space. The large lot means plenty of privacy w/ excellent space for additional parking. Gated community. It’s not often you come by a Fourplex with this much to offer– don’t wait on this low-maintenance investment.

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Andrea Conner, License # 26653, Xome Inc. License # 19003, [email protected], 844-400-XOME (9663), 108 1st Avenue, 400A, Seattle, WA 98104


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Tacoma Real Estate

The median home value in Tacoma, WA is $417,975. This is lower than the county median home value of $509,000. The national median home value is $338,100. The average price of homes sold in Tacoma, WA is $417,975. Approximately 51.27% of Tacoma homes are owned, compared to 41.87% rented, while 6.87% are vacant. Tacoma real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Tacoma real estate agent to arrange a tour today!

Tacoma, Washington 98444 has a population of 38,092. Tacoma 98444 is less family-centric than the surrounding county with 26.49% 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 98444 is $62,223. 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 98444 is 35.2 years.

Tacoma Weather

The average high temperature in July is 76.9 degrees, with an average low temperature in January of 36 degrees. The average rainfall is approximately 41.5 inches per year, with 4.7 inches of snow per year.

Tacoma Real Estate Market Conditions

  • Median sales price

    $417,975
    12.3% change since last quarter
  • # Active listings

    45
    30-day change

Tacoma Schools and Demographics

Education near Tacoma, WA

Metric City County
High School Graduates 89.67 92.08
College Degree - 2 year 10.56 11.78
College Degree - 4 year 17.3 28.41
Graduate Degree 3.65 7.18
Expenditures per Student 18,363 18,363
Students per Teacher 18.7 18.7

Elementary Schools near Tacoma, WA

School Grades Students P/T Ratio ZIP
Brookdale Elementary School PK - 05 482 16.2 98444
Chester H Thompson Elementary School PK - 06 524 13.3 98445
Christensen Elementary School PK - 05 431 16.1 98444
Fern Hill PK - 05 362 15.3 98444
Harvard Elementary School KG - 05 426 15 98445
Helen B. Stafford Elementary PK - 05 519 15.8 98444
James Sales Elementary School KG - 05 458 14.7 98444
Lakeview Hope Academy PK - 05 518 14.8 98499
Larchmont PK - 05 419 14.4 98445
Learning Support PK - PK 81 98444
Midland Elementary School KG - 05 529 16.2 98445
Southgate Elementary School PK - 05 643 15 98499

Middle Schools near Tacoma, WA

School Grades Students P/T Ratio ZIP
Lochburn Middle School 06 - 08 549 16.9 98499
Morris Ford Middle School 06 - 08 922 18.5 98445
Perry G Keithley Middle School 06 - 08 719 16.3 98444
Spanaway Middle School 06 - 09 730 19.9 98445

High Schools near Tacoma, WA

School Grades Students P/T Ratio ZIP
Clover Park High School 09 - 12 1,222 19.4 98499
Franklin Pierce High School 09 - 12 1,192 20 98445
Washington High School 09 - 12 967 18 98444

Ungraded Schools near Tacoma, WA

School Grades Students P/T Ratio ZIP
* Alfaretta House 11 - 12 138 98499
* Gates Open Doors Program 09 - 12 13 98444
* Gates Secondary School 08 - 12 185 11.7 98444
* Northwest Career and Technical High School 09 - 13 0 98499
* Re-Entry High School 09 - 12 5 98499

Demographics near Tacoma, WA 98444

Metric Zip Code City
Neighborhood Type Inner City Inner City
Population 34,515 38,092
Population Density 5,133 4,407
Median Age 35 35.2
People per Household 2.7 2.6
Median Household Income 55,690 62,223
Average Income per Capita 25,911 28,183