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$599,950
2525707 MLS ACTIVE Status
Exceptional multi-family investment opportunity in the heart of South Tacoma’s thriving rental market. Located at 11901 Ainsworth Ave S, this income-producing property offers strong cash flow potential, consistent tenant demand, and long-term upside for investors seeking a high-performing asset.The property features functional unit layouts, ample parking, and convenient access to major commuter routes, JBLM, shopping, dining, and public transportation—making it highly attractive to renters. Tacoma’s continued population growth and limited housing inventory continue to support a strong rental market, positioning this property for stable occupancy and reliable income generation.Whether you're looking to expand your investment portfolio, complete a 1031 exchange, or secure a property with future appreciation potential, this multi-family opportunity delivers the ideal combination of location, rental demand, and cash-flow performance. Don’t miss your chance to invest in one of Tacoma’s most active and growing rental corridors.

11901 Ainsworth Avenue S, Tacoma

Listing courtesy of Coldwell Banker Bain.

$575,000
2525050 MLS ACTIVE Status
Prime multi-family investment opportunity in a high-demand Tacoma rental corridor. This income-producing property at 1205 130th St S offers investors the chance to secure consistent cash flow with strong occupancy potential and future appreciation upside. Featuring well-designed units, practical layouts, and desirable outdoor space, this property is positioned to attract long-term tenants and maximize rental income.Conveniently located near JBLM, major highways, shopping centers, schools, and public transit, the location supports continued tenant demand and stable returns. Ample parking and easy access add to the property’s overall appeal for both tenants and investors alike.Whether you're a seasoned investor looking to expand your portfolio or a buyer seeking a strong-performing asset with value-add potential, this Tacoma multi-family property delivers an excellent combination of cash flow, location, and long-term investment opportunity.

1205 130th Street S, Tacoma

Listing courtesy of Coldwell Banker Bain.

$550,000
2525044 MLS ACTIVE Status
Excellent multi-family investment opportunity in South Tacoma offering strong cash flow potential and long-term upside. Situated on a spacious lot, this property features multiple income-producing units with functional layouts, comfortable living spaces, and strong rental appeal. Investors will appreciate the opportunity to generate steady monthly income while benefiting from Tacoma’s continued rental demand and growth.The property offers ample parking, outdoor space, and convenient access to shopping, schools, public transportation, JBLM, and major commuter routes—making it highly attractive to tenants. Whether you’re expanding your portfolio, house hacking, or seeking a value-add opportunity with future upside, this property presents flexibility and income potential in a desirable location.A rare chance to own a versatile multi-family asset with immediate revenue potential and room for future growth.

1206 Tule Lake Road S, Tacoma

Listing courtesy of Coldwell Banker Bain.

$979,999
2520517 MLS ACTIVE Status
Stunning Victorian 4-plex spread over two buildings that were fully rebuilt from the studs out in 2018. These units blend historic character with modern luxury! All units are fully furnished, and the sale includes all furniture, linens, dishware, décor and household essentials—offering a truly turnkey, income-producing highly rated vacation rental property from day one (ratings listed below). Each unit features its own in-unit washer and dryer. Prime Hilltop location with excellent walkability to the Tacoma light rail, convention center, UW Tacoma, and local museums, plus less than a mile from three major hospitals (about a 3-minute drive or 5-minute bike ride), making it highly desirable for traveling professionals and 30+ day furnished rentals. Thoughtfully designed unit mix offers strong income potential across all four units. Unit 1 features a spacious 1 bed/1 bath (900 SF) with open living and dining layout, sleeping 3 and averaging $2,838/mo (4.86/5 Star Rating). Unit 2 is the largest at 3 bed/2 bath (1,335 SF), sleeping 8, highlighted by partial Mt. Rainier views and two private decks, averaging $3,841/mo (4.9/5 Star Rating). DADU lower unit includes 1 bed/1 bath (600 SF), tile flooring in a sleek kitchen, sleeping 2, averaging $2,745/mo (4.85/5 Star Rating). Upper DADU is a cozy 1 bed/0.75 bath (600 SF), also sleeping 2, averaging $2,443/mo (4.84/5 Star Rating). Excellent opportunity for investor or house-hack buyer seeking strong in-place income and flexibility.

1214 S I Street, Tacoma

Listing courtesy of Kelly Right RE of Seattle LLC.

$1,399,900
2518189 MLS ACTIVE Status
Don't miss the chance to use this incentive to make this great investment even better! Exceptional investment opportunity with this well-maintained 4-plex offering strong income potential and low owner expenses. Each of the four spacious units features 3 bedrooms and 1.75 bathrooms, designed to live like townhomes with only one shared wall for added privacy and comfort. Property highlights include a brand-new roof installed in 2025, attached one-car garages for every unit, and separate utility metering allowing tenants to cover their own utilities and keeping landlord costs minimal. Ownership is simplified with expenses limited primarily to insurance and property taxes. Ideally located near shopping, dining, schools, and major commuter routes, this property offers convenience tenants will appreciate and investors will value. A rare combination of size, functionality, and efficiency perfect for both seasoned and first-time investors.

4560 S Puget Sound Ave, Tacoma

Listing courtesy of Terrafin.

$1,099,000
2517607 MLS ACTIVE Status
Turnkey Cash-Flowing Triplex. Mostly new 4Br2/Ba primary unit $7,700 monthly investor income or Owner-Occupied Ready! This rare triplex has strong rental income, premium finishes, and almost zero maintenance. Unit A & Unit B – Spacious 2-bedroom, 1-bath units with private balconies, each with 2 dedicated external parking stalls. Currently leased at $2,295/month each (total $4,590). Unit C – new+remodeled 4-Bedroom, 2-bath unit renting for $3,110/month. Features two hot water tanks, two washer/dryer hookups, its own internal parking spot, and a massive private internal storage unit. Total Gross Monthly Income: $7,700 – All units currently occupied and paying on time. Recent Upgrades Throughout the Entire Building: Full building professionally painted just 5 months ago. All-new windows installed within the last 20 months Roof only 3 years old + brand-new spray foam roof insulation State-of-the-art full 360° security system Epoxied garage floor with brand-new garage door opener. All appliances less than 3 years old Parking & Storage: Total of 8 parking stalls (7 external + 1 internal garage/generous private storage for Unit C). Modern, secure, fully leased, and nearly maintenance-free, cash flow immediately.

105 E 96th Street, Tacoma

Listing courtesy of Skyline Properties, Inc..

$465,000
2516930 MLS PENDING Status
Situated blocks away from PLU this charmer features an ADU and 2-car detached garage!! Main house is warm & inviting w/ updates and period details including original hardwood floors, coved ceiling & gorgeous archway. Filled with character & intentional touches including repurposed materials and exposed cedar finishes throughout. Features include living room with wood-burning fireplace, primary bedroom with custom closet w/ shelving, lighting & electric fireplace, big kitchen with gorgeous coffee bar, unbelievable covered-deck with tons of space to entertain, relax & enjoy fresh air all year long. The ADU has a nice flow with beautiful hardwood floors, open-concept kitchen, separate sleeping space, and 3/4 bath. The detached garage is a mechanic's/woodworker's dream with workbench, air filtration system, and loft for storage. Additional features include: hardie plank siding, newer gutters, gas furnace installed in 2021, fully-fenced backyard, hot tub, 8x8 shed & HUGE driveway w/ room for multiple cars and RV parking.

905 115th Street S, Tacoma

Listing courtesy of Coldwell Banker Danforth.

$629,000
2512903 MLS ACTIVE Status
Positioned in a desirable South Tacoma location within unincorporated Pierce County, this tastefully updated duplex offers a rare blend of immediate cash flow and long-term development upside. Each unit generates approximately $1,700/month in reliable rental income, making this an attractive turnkey investment with strong in-place returns. The property has been thoughtfully upgraded with modern, higher-end finishes that appeal to quality tenants, helping ensure consistent occupancy and rental stability. What truly sets this property apart is its Urban Corridor (UC) zoning designation, opening the door to a wide range of future development possibilities. UC zoning is intended to support higher-density residential and mixed-use projects, allowing for potential redevelopment into multi-family housing, townhomes, or even a mixed-use building with commercial space on the ground level and residential units above (buyer to verify with Pierce County). This creates a compelling opportunity for investors and developers alike to capitalize on the area’s continued growth and demand for housing. Whether you choose to hold and enjoy steady income, or plan for a future redevelopment project, this property offers flexibility, strong fundamentals, and upside potential in a growing corridor. Opportunities like this—combining current performance with forward-looking potential—are increasingly hard to find.

10133 Patterson Street S, Tacoma

Listing courtesy of Triwood Realty.

$950,000
2511533 MLS ACTIVE Status
Four-plex! Located in Tacoma’s desirable North End, this property sits in a well established residential area known for its classic architecture, tree lined streets, and close proximity to local parks, schools, and everyday amenities. The neighborhood features a mix of historic and updated homes built between the late 1800s and early 2000s, contributing to its charming and timeless character. Nearby, residents enjoy access to shopping, dining, and recreation throughout the North End community. Unit one on the main floor has two bedrooms, one bath, a large living room and a bright and cheerful eat-in kitchen. Unit one has easy access to the fully-fenced backyard, four yard storage units and alley parking for 2 cars. Unit two is upstairs to the right, a one bedroom, one bath apartment, ready for some minor touchups. Unit three is also upstairs, another one bedroom, one full bath apartment with an open kitchen and living room. The fourth unit is a two story ADU with a separate entrance from the alley, one bedroom, and one bathroom, the kitchen has tons of storage, the in-unit laundry is on the main floor and the lofted bedroom upstairs makes for a cute and flexible unit. The main house basement is semi-finished, with laundry and storage or studio space. Two of the units are rented by long-term tenants who wish to continue their leases.

612 N Oakes Street, Tacoma

Listing courtesy of Realogics Sotheby's Int'l Rlty.

$674,950
2492239 MLS ACTIVE Status
HOUSE HACKERS AND INVESTORS! Don’t miss out on this opportunity to own a duplex w/ a 3rd detached unit in South Tacoma! Spacious 3 bed 1 bath unit + 2 bed 1 bath unit in the duplex and a studio for the 3rd unit! Fully fenced yard for the upstairs unit and a fireplace! Off street parking out back for the downstairs tenant and 3rd unit! The convenient location nearby freeway access, shopping, restaurants, entertainment, DT, and more makes for good rental and good living! Dedicated laundry in each unit! Upstairs 3 bed 1 bath is vacant and ready to move in and offset your mortgage with the other units combined rent of $2,995!! Or rent out to cashflow! Potential condoization for even more opportunity? Buyer to verify!

4822 S L Street, Tacoma

Listing courtesy of Theory Real Estate.

$529,500
2508069 MLS ACTIVE Status
Quality Duplex with room for expansion! Income producing duplex with recent upgrades and an extra large lot. New roof in March 2026! Unit 10002 features 3 bedrooms, Jack-n-Jill full bath. 1 car garage, sporting all new windows April 2026. Unit 10004; 2 bedrooms, 1 bath, 1 car garage, remodeled in 2022, new carpet, paint, fixtures. Fenced front and back yards. Special shaped parcel (West Side of the lot, approx. 52x114') may allow for a 3rd Unit/Townhouse style or additional garage space, or potential split-off and sell to a neighbor. Located behind fenced yard of unit 10002, overgrown with bushes. There are newer homes to the North and new homes being built on East side. Great upcoming neighborhood. Connected to sewer. Viewing - Preapproval letter or Evidence of Funds prior to showing appointment. 72 hour Business Day notice required thru Property Management. No weekend showings due to property management attendance required. Both units are Tenant occupied. Kindly do not disturb. Buyer to verify all information to their own satisfaction. Unit 10002 lease ends 10/31/2026. Unit 10004 will be vacant 9/30/26. Financials are available to qualified buyers after a showing or offer, whichever comes first.

10002 10004 Barnes Lane S, Tacoma

Listing courtesy of Windermere Prof Partners.

$799,950
2502194 MLS ACTIVE Status
INVESTORS & HOUSE HACKERS - this is perfect for you! Great investment or a primary home that provides income opportunity to offset your mortgage! This 4 plex in South Tacoma checks all opportunity boxes! Each unit is about 850+ SF. There are (2) 2 bed 1 bath units and (2) 1 bed 1 bath units. Upstairs units each have private decks! Updates throughout include some paint, flooring, kitchens, bathrooms, & grounds! Plenty of off street parking off the alley for about 12 cars for tenants & guests! Coin operated on site laundry conveniently for tenants & additional income. There are also 5 large ~10x10 storage units for your tenants & management/owner! Section 8 approved! Minutes away from freeway access, DT Tacoma, bus & train station, shopping, entertainment, food, & more! Don’t miss out on this opportunity!

3572 3574 E F Street, Tacoma

Listing courtesy of Theory Real Estate.

$528,900
2500041 MLS ACTIVE Status
Tacoma Duplex!!! This hard to find duplex offers a ton of opportunities for all buyers!!! Great for generational living, having 2 seperate units! First time buyers, live in one and rent the other for extra monthly income!! Investors duplex has very low vacancy rate and has room to raise the rent, detached garage could be converted into ADU/DADU. Both units have been updated in the last 3 years including flooring, paint in/out, appliances, gutters, roofing, baths, cabinets, and much more!!!! Individually fenced yards are great for pets! This duplex sits on a large corner lot having plenty of parking on site or off street. Located close to shopping and commuting making this duplex that much more enjoyable for owners and tenants!!! DON'T MISS THIS ONE!!!!

3303 S 64th Street, Tacoma

Listing courtesy of John L. Scott R.E. Lake Tapps.

$950,000
2497615 MLS ACTIVE Status
Outrageous cash-flow opportunity in a prime Hilltop location near the light rail and hospitals! This fully furnished 4-plex offers 2,360 square feet of living space, delivering exceptional income potential. The property features two 2-bedroom units and two 1-bedroom units, all recently updated for modern appeal. The 1-bedroom units each feature en-suite layouts, and one unit even enjoys a rare peekaboo view of Mount Rainier. Major capital improvements have already been completed in the last few years, including roof, sewer, partial plumbing and electrical, and heaters. Additional features include shared washer/dryer, ample basement storage, and strong upside potential. With below-market rents, there is clear room for increased income. The flexible setup creates endless possibilities: continue as furnished rentals, explore short-term rental potential where permitted, and/or owner-occupy while generating strong rental income. Conveniently located with easy access to downtown, major commute routes, and light rail. Add this high-performing income property to your portfolio today.

901 S Grant Avenue, Tacoma

Listing courtesy of Keller Williams Rlty Bellevue.

$779,000
2494752 MLS ACTIVE Status
Charming Titlow duplex with detached 3-car garage just blocks to the beauty of Titlow Beach and park. Each 1 bed / 1 bath unit has been refreshed with new interior paint, durable LVP flooring and thoughtful updates to create move-in ready living spaces. New exterior paint for fresh curb appeal and each unit offers its own sewer line and separate gas, and electric meters for efficiency. Great opportunity for income and flexibility- live in one unit while renting the other or lease both for steady returns, with added potential to generate extra income by renting out the spacious 3 car garage for storage or parking. Don’t miss your chance to own this versatile and well-located property!

1536 -1538 S Walters Road, Tacoma

Listing courtesy of Keller Williams Rty Tacoma.

$1,149,950
2489726 MLS PENDING Status
New Construction 4-Plex Investment Opportunity: Discover the pinnacle of low-maintenance, high-yield real estate with this newly constructed 4-plex, intelligently built as two separate duplexes, and offering the significant advantage of a 12-year property tax abatement with land-value only taxes (2026 is $1782/yr). Proven Design & Rentability: Every inch of this property is engineered for cost-efficiency and tenant retention. Each unit features high-end, durable finishes typically reserved for luxury custom homes: Modern Interiors: Commercial-grade vinyl plank flooring, stylish quartz countertops, stainless steel appliances, and a premium trim/door package. Efficiency First: Extra insulation, energy-efficient Plygem windows, and ductless mini-split heating and AC systems. Tenant Perks: In-unit full-size washers/dryers and systems specifically tested for streamlined, easy turnovers. Unit Highlights:2-Bed/2.5-Bath (1125 SF) Units: Spacious open floor plans with an ensuite bathroom for every bedroom, plus stunning City and Downtown views!1-Bed Units (544-556 SF): Designed for maximum affordability, independence, and high demand, featuring full-size kitchens and baths. With a strong $7,650/month income stream and long-term property tax incentives, this property is designed to perform. Don’t miss your chance to secure a turnkey asset in a exceptionally prime location in Downtown Tacoma near restaurants, breweries, businesses, the Link, UW Tacoma, the Tacoma Convention Center, etc.

1129 Fawcett Avenue Unit #A-D, Tacoma

Listing courtesy of Windermere Prof Partners.

$799,997
2487537 MLS PENDING Status
Opportunity to acquire a 5-plex in Tacoma’s Midland neighborhood, offering strong income and straightforward operations. The property consists of five 2-bedroom, 1-bath units, each approximately 700 square feet, providing a consistent unit mix with steady rental demand for multi-bedroom housing. The asset currently generates $56,469 in annual Net Operating Income, reflecting a 7.06% cap rate, presenting investors with immediate cash flow from day one. With the same layout across all units, the property allows for simplified management and leasing. Located in Tacoma’s Midland area, the property benefits from proximity to major commuter routes, shopping centers, and everyday amenities, making it a convenient location for tenants. The consistent unit configuration and manageable property size make this an appealing option for investors seeking a stable small multifamily asset in an established rental market. This offering presents a solid opportunity for buyers looking to add a cash-flowing multifamily property with long-term income potential in the Tacoma area.

10415 10423 Golden Given Road E, Tacoma

Listing courtesy of COMPASS.

$2,999,999
2468356 MLS ACTIVE Status
Value-add multifamily opportunity on a 0.809-acre parcel along the Pacific Avenue corridor, well suited for an investor focused on renovation completion, lease-up, and long-term income growth. The property consists of three buildings totaling 21 units. The front buildings include 12 one-bedroom units, seven of which have been recently remodeled, with additional units in various stages of renovation. All three buildings have been repainted recently. New roofs have also been installed on the two single-story buildings on the property. The third building is a three-story structure built in 1989 with nine spacious two-bedroom units. The property offers on-site laundry and ample parking and is conveniently located near retail, dining, transit, and daily services.

7603 Pacific Avenue, Tacoma

Listing courtesy of Engel & Voelkers Seattle DT.

$21,500,000
2468328 MLS ACTIVE Status
Joint Venture Development Opportunity. Mount Bay Apartments is a permit-ready, fully bid, and shovel-ready 307-unit workforce housing development in the heart of Tacoma’s Transportation District. One block from Tacoma Link Light Rail, Sounder, Amtrak, and Greyhound, the project delivers unmatched regional connectivity to downtown Tacoma, Seattle, and Portland—driving strong demand, high occupancy, and long-term value. Designed for working professionals and essential workforce residents, the community features two landscaped courtyards, convenience retail, below-grade parking, a welcoming lobby, fitness center, shared workspace, and a seventh-floor indoor/outdoor sky lounge. The project is fully aligned with Tacoma’s urban revitalization vision while addressing a critical housing need. Mount Bay Apartments offers a compelling, defensive multifamily investment with predictable cash flow, downside protection, and meaningful upside. Workforce housing has consistently outperformed luxury assets across market cycles, delivering stable occupancy even in economic downturns. An eight-year property tax abatement enhances early-year cash flow and improves overall returns, while long-term appreciation is supported by sustained infrastructure investment and neighborhood transformation. This is an exceptional opportunity to partner in a transit-oriented, tax-advantaged asset positioned to generate reliable income and lasting value in one of Tacoma’s fastest-growing urban corridors.

301 E 26th, Tacoma

Listing courtesy of Crestview Realty Advisors.

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