Lovely north Tacoma Victorian duplex with extensive recent updates. Large corner lot in a desirable location between Old Town and Proctor districts. Updated plumbing and electrical. 2 year old heat pump / cooling. On the main level find a living room with fir floors, fully remodeled kitchen and bath, Upstairs is the second unit with full kitchen and bath! Live in one and rent the other? Or use as a MIL apartment, or rent both as an income property.
Prime investment opportunity! This fully updated duplex has maintained a 0% vacancy rate since 2019, showcasing its strong appeal. Each unit offers contemporary enhancements, such as new cabinets, countertops, flooring, fresh paint, and appliances. Rare attached garages add exceptional value. The open layout features vaulted ceilings, skylights, and stylish rounded corners for an airy feel. Wired for surround sound and complete with a utility space that includes a laundry sink and storage. A robust 40-year roof ensures longevity. All utilities are separately metered. Ideally situated within walking distance to Pt. Defiance Zoo and Tacoma’s lively waterfront. Want to live in one and rent the other? Both sides rent ready so you get to choose!
Fantastic opportunity for you to own investment property or take possession as owner-occupied. Each unit provides 2 beds, 1 baths, single-car garage, upgraded flooring and washer/dryer hookups. Boast HUGE backyards for entertainment and BBQ's for those summer days. This Duplex also offers ample parking, centrally located in desirable Steilacoom Historic school district, provides quick access to restaurants, I5, shopping, entertainment, and JBLM! Come and see, property is well maintained making it easy to rent!
New Construction 6 unit gated community with $8175/mth in rental income, a 12 year tax abatement at land only taxes, and a proven low-maintenance interior and site design. Income is maximized on these incredibly desirable 1 bdrm / 1 bath units offering a full-sized kitchen w/ upgraded stainless appliances, a good-sized bedroom w/ a large closet space, a living room, and a full-size in-unit washer & dryer. Each unit is designed to share only one floor / ceiling assembly, to maximize privacy and the feel of a stand alone home. Each unit has a ductless mini-split heat pump for AC and heat. Enjoy ownership of the most rentable & affordable unit type in Tacoma.
Great location for your next investment opportunity or live in one side and rent out the other for additional income! Minutes to I-5, only a 15 minute drive to Downtown Tacoma and right down the street from Joint Base Lewis-McChord & Pacific Lutheran University with plenty of walking trails. Don't miss this exceptional duplex opportunity in such a great location. Property sale AS-IS. Each unit has 2 bedrooms / 1 bath. Easy income in this desirable location and on a 10,959 sqft corner lot with great future development potential. Tacoma median sale price up 5.0% since last year. Median sale price per SQFT up 6.1% since last year. Drive by and see for yourself!
Investor alert! This upgraded Quadplex has lots of upside with the current rents below market value. Each unit is approximately 780sqft with 2 bedrooms and one full bathroom. They each include a range/stove, refrigerator, and dishwasher. Unit 1 and 2 just got new flooring. Unit 2 with brand new SS appliances. Includes parking spaces with plenty of off-street parking. The complex is in great shape with fresh paint. Yard is partially fenced. Convenient to I-5 and just miles from Puyallup. Please call with any questions.
Welcome to this charming Storybook Craftsman nestled between Tacoma's north slope & 6th ave districts! A former duplex this property can stay as a single family or be re-converted back to a duplex. Enjoy your remodeled craftsman today & when it's time to move you'll have a cash flowing rental waiting! A timeless layout consisting of a potential 1b/1BA 900 sqft unit & a 3b/2BA 1500 sqft unit. Open concepts throughout. A true owners suite in the larger unit. Large flat lot backed to an alleyway offering a potential DADU build. 2 electrical meters, 2 water heaters, 1 water main, & 1 gas meter. A very versatile property! Don't miss out on the opportunity to grab this updated craftsman in a rapidly growing pocket of Tacoma.
Foundation Group is pleased to offer The Sedona Apartments in Tacoma, Washington, a 21-unit apartment complex located in the evolving Tacoma Mall neighborhood, an Opportunity Zone designation area. The property is well-positioned within this rezone area, placing it in the path of new development and growth. The location offers excellent access to transportation, being one block from a major bus line, 0.8 miles from Interstate 5, and 1 mile south of Highway 16, with the Sounder Train’s South Tacoma Station just 1.5 miles away. It’s also a short drive to Bates Technical College South Campus and Joint Base Lewis-McChord, the area’s largest employer with over 54,000 employees, which supports the local economy.
Discover an exceptional investment opportunity with this TRIPLEX situated on a spacious corner lot. This 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!
Beautifully renovated 4-plex, ideally located just minutes from Tacoma’s vibrant 6th Ave business district, University of Puget Sound, and downtown! Each updated unit features modern laminate plank flooring, sleek quartz countertops, stainless steel appliances and updated electrical. Tenants appreciate the convenience of in-unit washers and dryers and a desirable mix of 4-bedroom, 3-bedroom, and two studio units, offer diverse rental income potential and steadier occupancy. This mostly turnkey multi-family property is perfect for investors and owner occupants alike! Unit 2037B intentionally left vacant in case owner wants to occupy. Don’t miss out on owning a piece of Tacoma’s growing real estate market!
Fully rented 4-plex in Tacoma!! This is being sold with the neighboring 4 plex at 4031 S Warner, MLS 2302063. BOTH listings sold together. Great location. Close to Tac Mall. Each unit has 2 bdrms, 1 full bth, dining rm & living rm w/ fireplace. Kitchens have stove, refrigerator & dishwasher. Full sized washer & dryer. Each unit has a large inside storage room. 5 parking spots (potential income source), + street parking, sidewalks & alley access. On bus line. 2 units on main, 2 units upper level. Low maintenance units, Tacoma City utilities and on sewer. Easy to manage. All units are on Month to Month rent.
Fully rented 4-plex in Tacoma!! This is being sold with the neighboring 4 plex at 4027 S Warner MLS #2302064. BOTH listings sold together. Great location. Close to Tac Mall. Each unit has 2 bdrms, 1 full bth, dining rm & living rm w/ fireplace. Kitchens have stove, refrigerator & dishwasher. Full sized washer & dryer. Each unit has a large inside storage room. 5 parking spots (potential income source), + street parking, sidewalks & alley access. On bus line. 2 units on main, 2 units upper level. Low maintenance units, Tacoma City utilities and on sewer. Easy to manage. All units are on Month to Month rent.
The Malibu Apartments is a Turn-Key asset with in place 5.89% Cap Rate with moderate upside. Malibu is comprised of 14 residential units, all 1 bed/1 bath and approximately 520 SF. 2 buildings, consisting of 8 units and 6 units respectively. The 8-unit building saw a studs out remodel in 2023. All 14 units are turn key. Washer/Dryer in each unit and plenty of on-site parking.
Incredible investment opportunity! 2 separate Duplexes sold together. Four single bed, single bath rental units. 517 & 519 is a 1,200 sq ft duplex including two 600 sq ft 1 bed 1 bath units both with covered carports. 513 & 515 is a 1,300 sq ft duplex with two 650 sq ft single bed single bath units, one with a covered carport. All four of these units have had very long term tenants. Many of the appliances are tenant owned. SO much opportunity to upgrade these units and maximize this investment opportunity. All four units currently rented for $750 per month. Must have signed around contract to schedule showing. Be respectful of tenants' privacy when driving by. Ask for the pre-inspection report and comp sheet.
Welcome to this beautifully maintained 4plex in a prime Tacoma location, perfect for savvy investors! This property features 4 fully occupied units 3-1Bd and 1-2 Bd units, each with strong rental history. Currently, rents are below market value, offering significant upside potential for increased income. Recent interior remodels enhance the appeal, with modern finishes and efficient layouts. Each unit includes newer washers and dryers, ensuring convenience for tenants. The 6-year-old roof provides peace of mind for long-term maintenance. With meticulous repair records available, this 4-plex is not just a smart investment—it's a stable asset in a thriving area. Don’t miss this exceptional opportunity!
Income! Income! INCOME! Two income-generating opportunities await with this property—featuring a main home and a Detached Accessory Dwelling Unit (DADU) out back. The main home offers 3 bedrooms and 2 bathrooms, including an en-suite in the primary bedroom, all conveniently located on the main floor. Recent partial upgrades save you time and money, with just the upstairs needing new carpet and paint to complete the look. The 1-bedroom, 1-bath DADU, accessible via the alley, requires substantial updates but promises excellent rental income potential once renovated. Don’t miss this chance to maximize your investment!
Opportunity Knocks! This fully rented duplex, located in a prime area of town, is perfect for investors seeking to expand their portfolio. With strong rental demand and proximity to UW Tacoma, restaurants, and mass transit, this property offers a fantastic opportunity. Bring your vision and creativity to enhance its potential. Don’t miss the chance to purchase the neighboring duplex, MLS #2300375—buy both and add two great units to your portfolio!
Investor’s Dream in New Tacoma! This three-level triplex is ideally located near UW Tacoma, restaurants, and mass transit, making it a prime opportunity for investors. The area boasts strong rental demand, and this property is ready for your rehabilitative touch to unlock its full potential. Recent updates include a new roof, vents, and skylights. Don’t miss the neighboring duplex, MLS 2300377 —purchase both to add multiple quality units to your portfolio. This is your chance to invest in a growing, desirable location!
The McIlvaine Apartments is a piece of Tacoma’s history. The property consists of a manageable 8-unit community paired withample land for future development. The McIlvaine pairs modern finishes with old charm, boasting original molding, grand columns, built in cabinetry, arched walkways, original old growth wood flooring and tall window bays. Each unit features quartz countertops, new kitchen cabinet packages including stainless steel appliances, dishwashers, new lighting throughout, updated plumbing & electrical systems, stackable washer/dryer units in every unit. These upgrades to large 850-1,000SF floorplans appeal to a renter demographic that is robust in the area.
Wonderful Rental Ownership opportunity. Situated on a tranquil dead-end street. Each unit features 2 bedrooms and a Den. 2 Full baths. Each unit features large backyards and a 2-car garages, along with in-unit washers and dryers for added convenience. Inside, you'll find cozy fireplaces in the living rooms with vaulted ceilings, dining room and kitchen. One story ensuring ease of upkeep & consistent rental income. Close to all amenities, schools, parks and stores. Tenants pay all utilities. Under market rents make this prime for rent adjustment when applicable.
NEW FREE 2-1 BUY DOWN OPTION WITH GUILD MORTGAGE! Ask your agent for details. Historic duplex that has been remodeled recently, with a projected cap rate of 6.5%! Projected rent assumes two THA clients, each with a 4 bedroom unit. Average rents for 4 bedroom units are even higher! Ask your broker for details. Brand new roof and paint in 2024. Both kitchens remodeled in the last two years. Appliances are all new within the last two years as well! All appliances are included with the sale including both washer/dryers. This duplex is truly in the path of progress. It lies in close proximity to the light rail and transit, between Stadium and Downtown. This is a great investment! Go tour this amazing property before it's gone!
Turnkey 3-unit property, cap rate of 7.2% ready for cash flow. A great starter for owners wanting a low maintenance property. All units have been completely remodeled from studs out! Each unit has a private entrance, kitchen, and laundry. Touches of luxury throughout including wine fridge, coffee bar, dual sinks. Private cottage w/ hot tub, vaulted ceilings, air conditioning, and large covered deck and ample parking for guests. These units have remained in high demand with low vacancy. Easy access to I5, JBLM, Tacoma Mall, and Hospitals for endless stream of qualified tenants. 2 units left vacant for showing, the basement MIL is rented for $1,340/mo – please do not disturb tenants. Total Pro-Forma rent of $5,950/month.
Possible owner financing with interest only payment option available. This property offers an ideal income generating opportunity w/5.18% cap rate. All new kitchen cabinets w/soft close. New quartz counters, new stainless steel appliances, some new bathroom vanities, new flooring thru-out, new paint, new plumbing. Situated on a tranquil dead-end street. Each units 2 bedroom w/Den or use as 3rd bedroom. 2 Full baths and an attached 2 car garage which is over sized. One story ensuring ease of upkeep & consistent rental income. Close to all amenities, schools parks and stores.
Exceptional Investment Opportunity with a $12,000 Seller Credit at Fife Heights! This two-story duplex is situated on a spacious lot, offering significant advantages for both long-term and short-term rental potential. The property features a lengthy driveway, encompassing over an acre of land, with abundant parking available. Nestled amidst picturesque Northwest scenery, it boasts separate utility meters and is zoned for multi-family use, along with a septic system. The property presents outstanding prospects for enhancement or development. Unit A comprises two bedrooms and one bathroom, while Unit B offers four bedrooms and two bathrooms.
Tri Plex with excellent location just off of 6th avenue. Currently occupied as air b and b booked mainly by travel nurses. Very walkable. Located in the 6th Ave business district. Half a block from Dirty Oscar Annex bar, Gateway to India, Omalleys bar, Asado, blue beard coffee etc.. Keep using as Air B and B? ? Long term multi family? 1 car garage out back. Maybe convert into a Detached ADU. If you enjoy being able to walk to everything then this is the place for you.
The median home value in Tacoma, WA is $488,750. 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 $488,750. Approximately 52.66% of Tacoma homes are owned, compared to 41.97% rented, while 5.38% 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 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.