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!
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!
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.
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.
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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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.
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.