Pierce County Real Estate | Pierce County Multi-Family Homes for Sale

Tacoma Fourplex with growth potential! This large corner lot comes with views of the mountain and craftsman charm. The up and coming Hilltop area has undergone a substantial transformation and is now a favorite for investors who want to be in the path of progress. Nearby hospitals, restaurants and the incoming light rail put this near job growth opportunities. The main level has tall 9 ft ceilings and a shared basement provides storage and laundry. The detached garage has 3 bays, currently leased to the tenants but could potentially be rented out as storage units or developed into a future DADU. One unit available for showings, inspection report, floorplan and 3D tour available upon request.

1522 S M Street, Tacoma

Listing courtesy of Windermere Abode.

$495,000

2568185 MLS ⋅ ACTIVE Status

"SUMNER DUPLEX" PRICE REDUCED THIS DUPLEX IS LOCATED ON A 33,977 SQ. FT. LOT AND HAS A FULL BASEMENT FOR ?? ,6 CARPORT AND 2 GARAGES, BOTH UNITS ARE VACANT AND READY TO RENT, NEEDS SOME TLC. PLEASE DO NOT WALK IN REAR DECKS.

12325 VALLEY AVE E, Sumner

Listing courtesy of John L. Scott, Inc..

$610,000

2571248 MLS ⋅ ACTIVE Status

Don't miss this fantastic opportunity to own a lovingly remodeled Craftsman duplex in the heart of Tacoma’s Wedge neighborhood. Perfectly positioned within walking distance to all the dining and nightlife that 6th Ave has to offer. While also being a quick jaunt to the bustling Stadium District, this property balances classic Craftsman charm with thoughtful modern updates. The main floor 2 bed 1 bath unit offers 1,384 square feet of finished living space, showcasing refinished hardwood floors, spacious living and dining rooms, an updated kitchen, and direct basement access with ample storage. Upstairs, the fully remodeled 1 bed 1 bath unit features a stylish TV/entertainment room, an updated kitchen with a cozy eating nook, and a ductless mini-split system for efficient heating and Summer cooling. This property is truly turn-key and move-in ready, which is ideal for strong rental income or a great potential house hack. Stroll to neighborhood favorites like Balloon Roof Bakery, Bluebeard Coffee, State Street, and so much more!

1216 S 4th Street, Tacoma

Listing courtesy of Windermere Abode.

$445,000

2572009 MLS ⋅ ACTIVE Status

Located in Tacoma’s Yakima neighborhood, this 4BD/2BA Victorian duplex presents a full rehabilitation opportunity for investors, builders, or buyers looking to create value from the ground up. The structure is currently in derelict condition and will require extensive repairs and updates throughout. The home shows significant deferred maintenance, with visible wear to the exterior siding, roofing, and windows. Inside, the property will need a complete overhaul, including flooring, walls, fixtures, and major systems such as electrical, plumbing, and HVAC. The condition suggests this is best suited for a cash purchase or renovation financing. Situated with access to local amenities, commuter routes, and Tacoma services, the location remains a strong point for future upside after renovation. This is a true fixer-upper being sold as-is, ideal for those ready to take on a substantial project and unlock the property’s potential. Current mortgage is VA and may be assumable with 2.25% interest rate $409K

1220 Yakima Avenue, Tacoma

Listing courtesy of 5 Star Property Management.

$749,000

2572790 MLS ⋅ ACTIVE Status

Peaceful Peacock Hill duplex offering the perfect blend of quiet retreat and city convenience. Located just minutes from Gig Harbor North and downtown Gig Harbor. Incredible flexibility for your real estate portfolio: rent both units for maximum cash flow, owner-occupy one side to live affordably, or use for multi-generational living. Each spacious unit features a functional layout with 2 bedrooms, 2 bathrooms, a flex room, and bright living and dining spaces with vaulted ceilings. Step outside to private patios perfect for morning coffee or relaxing evenings. Both sides are currently occupied on month-to-month leases, offering immediate income and flexibility.

3801 124th Street NW, Gig Harbor

Listing courtesy of Keller Williams Rlty Bellevue.

$549,999

2572297 MLS ⋅ ACTIVE Status

Fantastic 4-unit investment opportunity! The vacant unit was previously owner-occupied, presenting a perfect house-hacking setup or high-yield rental potential. The 3 currently occupied units offer a 5.5% cap rate with a 6.7% Pro Forma cap rate. All tenants are currently month-to-month. Choose to occupy the vacant unit yourself or lease it out for maximum cash flow. Conveniently located near JBLM, Lakewood Town Center, local hospitals, major freeways, UW Tacoma, and PLU. 2 bed rents for $1800, Currently 1 bed rents for $1400, 1 bed rents for $900

6323 100th Street SW, Lakewood

Listing courtesy of Premier Real Estate Partners.

$775,000

2571210 MLS ⋅ ACTIVE Status

First time on market. Well maintained duplex in the heart of desirable South Hill! Both identical units offer 2 bedroom, 2 full bathrooms, and a spacious room with gas fireplace, complemented by a kitchen and dining area ideal for everyday living or entertaining. Tucked away on a dead-end street, this property provides excellent privacy and oversize fences backyard. Along with an extra lot (30x165) to use with your Creative Imagination. Outstanding investment or owner-opportunity-live in one unit and rent the other! Easy access to restaurants, shopping, movie theater, and public transit, with quick freeway access and an easy commute to JBLM.

12012 115th Avenue Ct E, Puyallup

Listing courtesy of John L. Scott, Inc..

$745,000

2571018 MLS ⋅ ACTIVE Status

Discover a fantastic opportunity in the highly desirable Edgewood area, offering a peaceful setting while remaining just minutes from freeway access, shopping, dining, and everyday amenities.This well-maintained duplex provides flexibility for both owner-occupants and investors. The left-side unit has been completely updated, making it an ideal option for a buyer looking to move in and enjoy modern finishes while continuing to rent the neighboring unit for additional income. The right-side unit has been well cared for and offers an established rental opportunity.Investors will appreciate the strong rental demand in the Edgewood market and the potential for a competitive cap rate. Each unit offers its own garage, dedicated utility room, and a spacious private yard, providing tenants with the space and conveniences that are difficult to find in many multifamily properties. An additional storage shed adds even more functionality.Whether you're looking to offset your mortgage by living in one unit and renting the other, expand your investment portfolio, or secure a versatile property in a sought-after location, this Edgewood duplex offers an exceptional combination of location, condition, space, and income potential.

4706 124th Avenue Ct E, Edgewood

Listing courtesy of Red Moon Realty.

$625,000

2571470 MLS ⋅ ACTIVE Status

Discover the perfect house-hack or multi-generational living opportunity in Tacoma’s Fern Hill neighborhood. Beautifully remodeled, this home with an attached dwelling / duplex, giving you flexible options: live in one unit and rent the other, rent both, or keep loved ones close with separate, private spaces. The front unit features 2 bedrooms, 1 updated bathroom, its own washer/dryer hookups, luxury vinyl plank flooring, modern soft-close white cabinets, quartz counters, tile backsplash, and stainless steel appliances. A large front yard and driveway parking for 2 cars make it feel like its own standalone home. The back unit offers 3 bedrooms and 1 updated bathroom, with large windows that bring in abundant natural light, its own laundry hookups, and parking for up to 3 cars in the back area. The entire property is fully fenced with thoughtfully separated yard spaces for the front and back, ideal for pets, play, gardening, and outdoor entertaining while preserving privacy for each household. With a newer roof, siding, gutters, and furnace, much of the heavy lifting is already done. All of this is centrally located just minutes from Fern Hill’s local shops, restaurants, parks, grocery options, and convenient commuter routes, making it highly attractive to both future tenants and owner-occupants alike.

8823 S Yakima Avenue, Tacoma

Listing courtesy of COMPASS.

$525,000

2570348 MLS ⋅ ACTIVE Status

Unique opportunity on Center Street! This property offers three homes on one parcel, creating a range of potential uses and investment strategies such as multi-family potential. The property features M-1 zoning within a Light Industrial District, allowing for many manufacturing, industrial, and other permitted uses. Property has two garages/workshops. The homes need cosmetic updates, while most mechanical systems have been updated. Excellent frontage provides strong visibility and accessibility. Explore the possibilities for residential use, investment, redevelopment, or future business applications. Buyer to verify all uses, zoning, and development options.

2829 S Asotin Street, Tacoma

Listing courtesy of Redfin.

$735,000

2567418 MLS ⋅ ACTIVE Status

Great opportunity to own a well maintained duplex in a convenient Puyallup location with an excellent commute to Tacoma and surrounding areas. Each 3 bedroom, 1.5 bath unit offers an attached one car garage and a large, fully fenced backyard. The vacant left unit has received numerous updates, including new flooring, blinds, light fixtures, bathroom fixtures, a new water heater, and an updated kitchen with new countertops. Additional improvements include vinyl windows, updated plumbing, baseboard heaters and roof. Both units have new garage doors and exterior doors, while the gutters were replaced approximately 2 years ago. The large backyards are fully enclosed with newly installed fencing and gates, providing each unit with a private outdoor space and convenient access. The right unit offers an opportunity for future updates while currently providing rental income from a long-term tenant who has been reliable and consistently paid rent on time. The vacant left unit provides an opportunity for a new owner to establish rental income, with projected rents in the area of approximately $2,300 to $2,500 per month. Whether you're looking to expand your investment portfolio or live in one side while generating rental income from the other, this Puyallup duplex offers flexibility, recent improvements, and room to add value. Conveniently located for commuters with easy access to Tacoma and surrounding communities.

1314 12th Avenue NW, Puyallup

Listing courtesy of RE/MAX Realty South.

$850,000

2570909 MLS ⋅ ACTIVE Status

BRAND NEW construction just 3 minutes from prestigious Pacific Lutheran University! This beautifully designed duplex offers an incredible opportunity for first-time buyers, investors, or anyone looking for the perfect house hack. Each approximately 1,322 SF residence features a light-filled, open-concept main level with spacious living and dining areas, a stylish kitchen, and convenient powder room. Sleek, flat-panel Euro-style cabinetry, quartz countertops, and warm white lighting create a clean, modern aesthetic. Upstairs, the generous primary suite includes a private full bath, plus 2 additional bedrooms and another full bathroom. Enjoy a quiet backyard patio with privacy fencing and beautiful new landscaping. Each unit includes a 1-car garage PLUS tons of additional parking—a rare find! Builder’s warranty provides added peace of mind. Fantastic location with easy freeway access and exceptional proximity to PLU. Live in one and rent the other, add a turnkey investment to your portfolio, or create a smart path to homeownership!

612 & 614 122nd Street Ct E, Tacoma

Listing courtesy of Commencement Bay Brokers LLC.

$845,000

2570996 MLS ⋅ ACTIVE Status

Not just one but TWO Fox Island VIEW homes with more than 2200 sf of garage and storage on a usable 1+ acre lot just across the bridge. So many possibilities are at your fingertips - Live in one, pay the mortgage with the other, take advantage of the space to park all the toys and RV, have a multigenerational compound near the water, or get creative and modify it into one. Each side features a great room with big view windows, vaulted ceilings and sliding doors to the newly resurfaced deck to take in the sunrises, the vistas of Honeymoon Bay and all the activity in Hale Passage. They also each include 2 spacious bedrooms (one with a door to the full bath), a stacked washer/dryer in the hall, and a compact open kitchen on the main level. 296 was renovated in 2016 with all new cabinets, granite countertops, new flooring, canned lighting, and resurfaced ceilings (no popcorn). It's currently rented through July 2027 at $1950 per month (well under market). 289 is refreshed and ready for move in. The huge garage/flex spaces below are a blank slate (or a dream come true for the garage lover) including 220 power. A new 4 bedroom septic was installed in 2015 completing this exciting package!

296 298 North Shore Boulevard, Fox Island

Listing courtesy of Infinity Real Estate, LLC.

$550,000

2569939 MLS ⋅ ACTIVE Status

Historic 1906 charm meets investment opportunity in the heart of Downtown Puyallup. This versatile duplex offers the flexibility to rent both units, live in one while generating rental income from the other, or explore future possibilities with Commercial Business District zoning—buyer to verify permitted uses. Both units are 2 bedroom 1 bath each, and offer washer and dryer hookups. Original character shines through with hardwood floors beneath the carpet in the lower unit. Outside, the large corner lot offers alley access, a fully fenced yard, one-car detached garage, and one-car covered carport. The location is hard to beat, with excellent walkability and easy access to Downtown Puyallup shops, restaurants, seasonal markets, Pioneer Park, and local events like Thursday night Music in the Park. The Sounder Train Station, freeway access, schools, Good Samaritan Hospital, and numerous medical clinics are all just minutes away. Whether you're looking to expand your investment portfolio, live in one unit while offsetting your expenses, or capitalize on the property's central location and zoning, this is a compelling opportunity in the heart of Puyallup.

246 4th Avenue NW, Puyallup

Listing courtesy of Keller Williams Realty PS.

$1,100,000

2568515 MLS ⋅ ACTIVE Status

$157,143 PER UNIT IN A+ TACOMA LOCATION | The Prime Stadium District 7-Unit is a turnkey apartment investment in one of Tacoma's most sought-after neighborhoods. The three-story building consists of five one-bedroom units averaging approximately 606 square feet and two studios averaging approximately 520 square feet, a unit mix that has proven easy to keep full in this submarket. The renovation work is already done. Current ownership has updated every unit with a mix of refinished hardwood floors, granite countertops, new kitchen cabinetry, stainless steel appliances, tiled backsplashes, new bathroom tub surrounds, vanities, toilets, and LED lighting. Ownership also installed a brand-new composition roof last year, taking the largest near-term capital expense off the table for a new owner. Units 1 and 6 have in-unit washers and dryers, and the remaining units share a common laundry room in the basement. The property sits on a corner lot within walking distance of the restaurants, retail, and amenities that define the Stadium District, with convenient access to Tacoma's major employment centers. That location, in a safe and affluent neighborhood, is why operations have been exceptionally stable with near-zero economic vacancy throughout current ownership.

222 N I Street, Tacoma

Listing courtesy of Blake Investment Advisors.

$624,950

2570051 MLS ⋅ ACTIVE Status

Rare investment opportunity in Puyallup's desirable South Hill. This well-maintained duplex with long term tenants has never been vacant during the sellers ownership. It offers stable income today with a clear path to increased returns. Both units include large fully fenced yards with decks, attached 1-car garages and additional driveway parking. The property has enjoyed exceptional occupancy with long-term tenants. Current rents are slightly below market, providing a value-add opportunity for the next owner. Existing leases are month to month, allowing a defined timeline for potential rent increases and improved cash flow for new owner or owner occupancy with proper notice. New countertops are currently being installed throughout both units and are not reflected in the current photos. Tenants enjoy a single-family-home feel with the large fenced backyards, contributing to strong retention and consistent rental demand. Conveniently located near SR-512, shopping, dining, parks and schools. As an added investment opportunity, the purchaser of this duplex will be given the first rights to purchase the seller's adjacent duplex, creating the potential to expand ownership to four units in one prime location. Whether you're completing a 1031 exchange, expanding an existing portfolio, or just entering the multifamily market, this property offers great stability, future income and equity growth potential and a unique opportunity with a proven and reliable rental property.

916 40th Avenue SW, Puyallup

Listing courtesy of Northwest Premier Brokers.

$550,000

2569356 MLS ⋅ ACTIVE Status

STOP SCROLLING!! Investor Special! Located in the Heart of Downtown Tacoma. This four-unit property presents an exceptional opportunity for investors, builders or owner-occupants looking to unlock significant potential through renovation and improvements. With strong income potential and a highly desirable location this four-plex offers endless opportunities. The property is conveniently located near local shops, restaurants , entertainment, public transportation and major medical facilities. Residents will enjoy easy access to everything the city of Tacoma has to offer. Bring your vision and creativity to transform this property into an amazing investment opportunity. Properties with this size , location and potential are becoming increasingly more difficult get it while it last. Sold AS IS

817 S 13th street, Tacoma

Listing courtesy of Goldhouse Realty.

$629,995

2569546 MLS ⋅ ACTIVE Status

MULTIFAMILY OPPORTUNITY IN PRIME MILTON LOCATION! This well-maintained duplex is ideal for investors, first-time buyers, or anyone looking to live in one unit while renting the other to help offset the mortgage. Both units are in great condition and currently have month-to-month leases, offering flexibility for a new owner. Features include a partially fenced yard, wood-burning fireplace, approximately 15-year-old roof, and water heater approximately 4 years old. Enjoy strong rental demand in Milton's growing market, making this an excellent opportunity for steady income and long-term investment potential. Conveniently located just minutes from Puyallup, Federal Way, Tacoma, and easy access to I-5. A turnkey multifamily property offering comfort, convenience, and income potential in a highly desirable location!

1004 15th Avenue, Milton

Listing courtesy of John L. Scott, Inc..

$699,500

2569509 MLS ⋅ ACTIVE Status

Wonderful UPS area Craftsman home with covered front porch with two separate living spaces. All brick recently tuckpointed. New roof in 2024. New fence and updates throughout the home. The main floor has a comfortable living room / dining room area with prefinished hardwood flooring, electric fireplace with brick hearth and built-ins, coved ceilings and arch doorways. The kitchen has been remodeled with beautiful quartz countertops, white shaker cabinets, scalloped tile backsplash, stainless appliances and hexagon tile flooring. Cozy breakfast nook. Beautifully updated full bath and two main floor bedrooms. Upstairs is separately metered and offers 2 additional bedrooms, updated bath with stylish finishes and a 2nd kitchen. It is apparent when walking thorough that this home has been so well kept and updated over time. New furnace, double pane vinyl windows, copper and Pex plumbing throughout and mostly updated electrical. Generous backyard with easy-care turf! Convenient to all of the amenities of the 6th Ave District and to the Proctor District.

3417 N 8th Street, Tacoma

Listing courtesy of Windermere Prof Partners.

$580,000

2566430 MLS ⋅ ACTIVE Status

Don't miss this fantastic investment opportunity! Ideally located just minutes from shopping, Spanaway Park, I-5, SR-512, and JBLM, this well-maintained duplex offers the perfect combination of convenience and income potential.Whether you're expanding your investment portfolio or looking for an owner-occupied property with rental income, this duplex checks all the boxes. Both units are occupied by reliable long-term tenants, providing immediate, consistent rental income.Each unit features a bright, open-concept floor plan with vaulted ceilings, skylights, and a cozy gas fireplace and furnace (new in 816) that creates a warm and inviting living space. A private one-car garage for each unit adds everyday convenience and enhances tenant appeal.With a strong rental history, desirable layout, and prime location near major commuter routes and local amenities, this is an outstanding opportunity you won't want to miss.

818 138th Street E, Tacoma

Listing courtesy of Park 52, Inc..

$675,000

2567270 MLS ⋅ ACTIVE Status

Looking for a great investment? Something to add to your portfolio? This wonderful 6 bedroom, 4 bath duplex is just the key! Fully remodeled in 2023 on one side and the other side was fully remodeled in 2014. New Roof in 2014, white cabinets, quarts counter tops, stainless appliances, new flooring, all new trim, popcorn ceilings were scraped and textured. All new sinks, heaters and outlets replaced. Huge back yard, one car garage on each side and all appliances stay! Newer vinyl windows, crawlspace insulated, newer garage doors and all gutters replaced. Nice driveway for parking, quiet area and close to schools, shopping, restaurants and JBLM. Make sure you check this nice duplex 6 bedroom, 4 bath out today!

17620 17622 30th Avenue Ct E, Tacoma

Listing courtesy of John L. Scott, Inc.

$399,000

2563347 MLS ⋅ ACTIVE Status

Rare Multifamily Opportunity in Charming Orting! Bring your tool belt and vision to restore this unique property featuring TWO HOMES on one parcel—a fantastic opportunity to build instant sweat equity or add to your investment portfolio. The main home is accompanied by a cozy 624 sq. ft. 1-bedroom, 1-bath Home with an attached garage, making it ideal for rental income, multigenerational living, or guests. Outside, you'll find a spacious lot with a 24x20 detached storage building, garden area, fire pit, plus a detached 1-car garage/shop for the main home. Located in the highly desirable town of Orting, you'll love the small-town charm, scenic walking and biking trails, breathtaking Mount Rainier views, and welcoming community atmosphere. Whether you're an investor, owner-occupant, or someone looking for a project with incredible upside, this is a rare chance to own a multifamily property in one of Pierce County's most sought-after communities. Opportunities like this don't come around often—don't miss it!

603 Kansas Street SW Unit #1 & 2, Orting

Listing courtesy of eXp Realty.

$725,000

2565769 MLS ⋅ ACTIVE Status

This Tacoma classic 4 bedroom home + DADU in Central Tacoma is ready for its new owner! The main house was remodeled when the DADU was built in 2023; this is a completely move-in ready house! As you enter the home you'll notice LVP flooring throughout the main level and into the kitchen. The sizable living room has a cozy fireplace as the centerpiece of the home! The bathroom on the main level is also tastefully updated with a modern vanity and a beautifully tiled shower. Upstairs are 2 nice-sized bedrooms that can also double as bonus rooms or office-space as well! In the back yard, enjoy the covered porch with built-in seating and the composite deck! This is a great place for enjoying summer months, gatherings, and staying dry in the winter months. This home is just 2 minutes from freeway access, close to all hospitals, and less than 20 minutes to JBLM. Come and tour it today!

1750 S Anderson Street, Tacoma

Listing courtesy of COMPASS.

$749,900

2565099 MLS ⋅ ACTIVE Status

Rare opportunity in one of Pierce County’s most desirable locations. This fully recently renovated duplex features updated bathrooms, kitchens, flooring, doors, finishes, trim, and more — move-in ready with modern updates throughout. 6.57% Cap Rate! Live in one side and rent the other, or rent both units for strong cash flow (currently $2,850 + $2,200). The property sits on a large private lot, secluded down a long driveway and backed by a beautiful green belt and partial views of Mount Rainier. The front portion of the lot also offers future development potential. Minutes to I-5, shopping, and Browns Point waterfront with excellent schools nearby. No HOA! Plenty of parking and a spacious lot round out this hard-to-find opportunity in a high-demand area. Opportunities like this are rare-- don't miss your chance! Buyers to verify all developmental potential. Interior viewing available with 48 hour notice.

6425 7th Street NE, Tacoma

Listing courtesy of Best Choice Realty LLC.

$749,950

2563334 MLS ⋅ ACTIVE Status

This amazing investment opportunity is located in a small community of similar duplexes right off of Canyon Road and very close to Hwy 512. Maximize your portfolio returns with this premium, one-level, low-maintenance duplex nestled in a quiet cul-de-sac community. The HOA takes care of most of the landscaping for ultimate ease of ownership. Perfect for seasoned investors or owner-occupants looking to house-hack, this turnkey property features an efficient floor plan with 1,324 SF each side—each boasting a highly rentable 3-bedroom, 2-bathroom layout, individual fully finished and painted 2-car garages, wide driveway, and newer appliances are included. This duplex backs to nature and has woods on the west side for premium privacy that renters will appreciate. Enjoy immediate, predictable cash flow from established, long-term tenants, alongside massive upside potential to capture full market value upon lease renewals. This is an investment opportunity that you cannot afford to miss. Make an appointment to see it today!

5902 115th Street E, Puyallup

Listing courtesy of Washington First Properties.

$500,000

2562140 MLS ⋅ ACTIVE Status

Wonderful investment property ready to rent! Unit A- occupied newly signed lease at $1895/month. Features 3 bedroom 1 bath, 2 stories with full kitchen and full bath. W/D in unit, large front porch, excellent location in central Tacoma. Unit B- recently updated on lower level. 2 bedroom 1 bath. 3 parking spots plus street parking. Backyard features shared garden area, and room to play on a good lot. Come take a look today, and buy your next investment property!

1110 S 25th Street Unit #A/B, Tacoma

Listing courtesy of Keller Williams Realty PS.

$8,900,000

2561392 MLS ⋅ ACTIVE Status

A truly extraordinary Spanish-inspired estate, distinguished by its timeless white stucco exterior, red tile roof, and exceptional craftsmanship. Beyond the secure gated entry, immaculate grounds and a grand circular drive set the stage for an unforgettable arrival. Inside, marble floors, sparkling crystal chandeliers, soaring ceilings, and exquisite finishes create an atmosphere of refined luxury, enhanced by an integrated sound system, video security, elevator access to both levels, and a temperature-controlled wine cellar. Designed for grand-scale living and entertaining, the main residence offers 7 bedrooms and 9 baths, including a private ADU off the lower level, plus a detached casita, pool house, and outdoor kitchen in the courtyard totalling 14K sf! The chef's kitchen is a masterpiece with 4 sinks, gas range, double ovens, and a pass-through bar with heat lamps. The elegant dining room seats 20. Relax in the den featuring a full bar and second kitchen. Resort-style amenities include a spectacular indoor pool house with heated pools, a jacuzzi, two bathrooms, and poolside shower, along with an outdoor kitchen equipped with professional-grade appliances, inviting courtyard fire pit, and multiple seating areas. An additional 2 acres of undeveloped land. Close to hospitals, dining, and shopping! This home has even served as a filming location for the movie "Last Seen in Idaho." Be sure to watch the property video. Rare opportunity to own a truly private mansion.

6409 Rosedale Street NW, Gig Harbor

Listing courtesy of United R/E Puget Sound West.

$870,000

2560887 MLS ⋅ ACTIVE Status

BACK ON THE MARKET by popular demand! This turn-key and exceptionally maintained 4-plex offering strong, reliable rental income with thoughtful modern updates throughout the units. Building is fully rented and cash flows. This low-maintenance investment property is in excellent condition, with each unit featuring contemporary laminate flooring, newer hot water tanks, fresh interior paint, updated bathrooms, and crisp modern trim for a clean. Two units are leased at $1,800/month with newly signed leases, and the other two units are rented at $1,700/month—providing immediate, stable cash flow. Ideally located near shopping, dining, transit, and easy freeway access. This property appeals to commuters and long-term tenants. This property is perfect for all savvy investors being a smart addition to you investment portfolio.

4027 S Warner Street, Tacoma

Listing courtesy of Keller Williams Realty PS.

$625,000

2559531 MLS ⋅ ACTIVE Status

Completely reimagined and rebuilt in 2024, this turnkey duplex offers the rare combination of classic character and modern construction. Taken down to the foundation and studs, nearly every major component has been replaced, providing years of low-maintenance ownership. Extensive improvements include a new roof, windows, siding, insulation, electrical, plumbing, mini-split heating & A/C, LVP flooring, stainless steel appliances, in-unit stackable laundry, and fresh landscaping. Each unit features contemporary finishes, efficient layouts, and independent mini-split HVAC systems. Both the upper and lower units are currently leased at $1,500/month, offering immediate income with room for future rental growth. Ideal for investors or owner-occupants looking to offset their mortgage, this property is minutes from the University of Washington Tacoma, University of Puget Sound, Tacoma Community College, MultiCare and Virginia Mason Franciscan hospitals, downtown Tacoma, shopping, dining, parks, and major commuter routes. With virtually every major system replaced, this is a true turnkey investment in one of Tacoma's most convenient, high-demand rental corridors.

1410 6th Avenue, Tacoma

Listing courtesy of Redfin.

$2,500,000

2556524 MLS ⋅ ACTIVE Status

Orchard St Duplexes is a collection of four duplex buildings totaling eight residential units on just over an acre in a quiet Tacoma neighborhood near University Place. Each unit offers a spacious three-bedroom, two-bathroom layout of approximately 1,280 square feet across two stories, with in-unit washer and dryer, double-pane vinyl windows, and a private garage. Wood-frame construction built in the early 1990s. Convenient access to I-5, Highway 16, and Tacoma Mall Boulevard.

4846 S 48th Street, Tacoma

Listing courtesy of Paragon Real Estate Advisors.

$874,000

2556594 MLS ⋅ ACTIVE Status

Solid, turnkey duplex in the highly sought-after University Place area. Clean, meticulously maintained, and quality built in 2003, this property presents a rare opportunity. Each spacious unit offers 2 bedrooms, 1.75 baths, a primary suite with walk-in closet, vaulted ceilings, fireplace, and a large laundry room with in-unit washer and dryer. Situated on an oversized 11,800 SF corner lot in a quiet cul-de-sac, each unit also includes an attached two-car garage plus ample additional parking. Separate electrical and water meters. Tenants pay their own electricity, water, and garbage. Excellent opportunity for an owner-occupant / house hacker, or investor. Live in one unit and offset your mortgage with rental income or continue operating as a low-maintenance investment in one of Pierce County's most desirable rental markets.

5306 5308 51st Avenue Ct W, University Place

Listing courtesy of Real Broker LLC.

$545,000

2544823 MLS ⋅ ACTIVE Status

Here is your opportunity to own a one-of-a-kind historic duplex in Tacoma's Hilltop neighborhood. Converted to a duplex shortly after construction, this classic home offers timeless character, strong income potential, and room to add value. Rescued and thoughtfully restored in the 1980s, it's now ready for its next chapter. The upper 2-bedroom unit has benefited from significant updates, including beautifully refinished original hardwood floors, fresh interior paint, and new kitchen cabinetry, while retaining its historic charm. The lower unit offers an excellent opportunity for similar improvements, allowing the next owner to build additional equity. Both units are currently occupied, providing immediate rental income from day one. Whether you're an investor or looking to expand your portfolio with a unique property, this historic duplex is full of potential.

2152 S -54 J St Street, Tacoma

Listing courtesy of Meridian Real Estate Group.

$565,000

2536557 MLS ⋅ ACTIVE Status

Estate sale presents a rare opportunity to own a well-located triplex in Tacoma's desirable McCarver neighborhood, within the Hilltop Mixed-Use Center. With strong upside potential, this income-producing property is ideal for investors or owner-occupants looking to add value. Unit A is a spacious 2-bedroom, 2-bath unit ready for cosmetic updates, while Units C and D have received improvements within the past five years. The generously sized lot offers excellent redevelopment potential, with zoning that allows for additional units. A public dual-head EV charging station and its established community account are included in the sale, providing an added income opportunity and valuable amenity. The exterior paint and gutters have been updated in recent years. While the roof is functional, buyers may wish to plan for replacement in the future. Don't miss this chance to unlock the full potential of this well-positioned investment property in one of Tacoma's growing neighborhoods.

2147 Martin Luther King Jr Way, Tacoma

Listing courtesy of Meridian Real Estate Group.

$695,000

2559241 MLS ⋅ ACTIVE Status

Extremely well maintained and easy to rent duplex in Puyallup! This hard to find gem has been extremely well taken care of, income producing and ready for its next investor. Buy and hold, as rents in Pierce county continue to rise. Situated on a large lot, tucked away on its own nearly third acre lot. Updated - flooring, kitchen and baths, newer furnace and windows. Each unit has their own deck/patio space to enjoy, along with a large backyard. Do not miss your chance to own a great income producing duplex!

11211 126th Avenue Ct E, Puyallup

Listing courtesy of Redfin.

$565,000

2557670 MLS ⋅ ACTIVE Status

Turnkey investment opportunity featuring two homes on one lot in the heart of Tacoma. The property includes a 3-bedroom, 1-bath main residence (1,284 sq ft) and a detached 2-bedroom, 1-bath ADU (640 sq ft) with alley access. Both units are leased through February 28, 2027, producing $4,150 per month ($49,800 annually) in scheduled rental income. The main home features an open kitchen with dining area, wood-burning fireplace, finished attic, and fully fenced yard. The detached ADU offers updated finishes, a full kitchen, living room, in-unit laundry, and private access. Conveniently located near shopping, dining, schools, transit, and I-5. An excellent opportunity to acquire a stabilized income-producing property with future flexibility when the current leases expire.

5428 S Cedar St, Tacoma

Listing courtesy of eXp Realty.

$550,000

2556271 MLS ⋅ ACTIVE Status

Turn-key investment opportunity! This incredible duplex features two freshly remodeled and updated units, currently tenant-occupied and generating immediate rental income. Ideally located with quick access to Pacific Avenue and I-5, this property is surrounded by a strong lineup of neighborhood-serving shops and restaurants. The immediate area boasts institutional landmarks like Lincoln High and offers practical everyday access to local parks, schools, and convenient transit connections. Perfect for an investor looking for a stabilized asset in a high-convenience location!

404 S Division Lane, Tacoma

Listing courtesy of WA Move Real Estate LLC.

$450,000

2557914 MLS ⋅ ACTIVE Status

Investment Opportunity in the Heart of Tacoma! Centrally located duplex offering the perfect opportunity for an owner-occupant or investor. One unit is vacant and move-in ready, while the second unit is tenant occupied, providing immediate rental income. Each 2-bedroom, 1-bath unit has been thoughtfully updated and includes its own washer and dryer. The vacant unit features brand-new flooring, new cabinetry, new countertops, and a newer washer and dryer, making it ready for its next owner or tenant. Outside, each unit enjoys its own private fenced yard space, plus ample street parking. A large basement provides excellent storage for owners or tenants. Ideally situated just minutes from Wright Park, the vibrant 6th Avenue District with its restaurants, coffee shops, and local businesses, Tacoma General Hospital and other major medical facilities, and convenient I-5 access for an easy commute. With strong rental appeal in a highly desirable central location, this is a fantastic opportunity to build your investment portfolio or offset your mortgage through owner occupancy.

1310 1308 S 8th, Tacoma

Listing courtesy of Olympic Sotheby's Int'l Realty.

$610,000

2555389 MLS ⋅ ACTIVE Status

"Investment Opportunity Awaits" This centrally located Duplex is well maintained and has a great rental history. This 2 Bedroom 1 Bath Duplex, has a one car garage & a fully fenced back yard. They are on one level and sits on quiet street. This seller has another duplex right next door to this one that is available as well. 1408 - 1410 103rd St E, MLS #2555396. They also have a Double Wide Mobile Home @ 1402 103rd St E, MLS #2552410 that sits behind the 2 Duplexes. This is a great investment package for 2 duplexes and 1 Double Wide Mobile home for someone that is looking for rentals or to do a 1031 exchange. This a clean package see the additional MLS # to get a clear understanding of what this seller has to offer, or purchase them separately.

1404 103rd Street E, Tacoma

Listing courtesy of Keller Williams Realty PS.

$610,000

2555396 MLS ⋅ ACTIVE Status

"Investment Opportunity Awaits" This centrally located Duplex is well maintained and has a great rental history. This 2 Bedroom 1 Bath Duplex, has a one car garage & a fully fenced back yard. They are on one level and sits on quiet street. This seller has another duplex right next door to this one that is available as well. 1404 -1406 103rd St E, MLS #2555389. They also have a Double Wide Mobile Home @ 1402 103rd St E, MLS #2552410. that sits behind the 2 Duplexes. This is a great investment package for 2 duplexes and 1 Double Wide Mobile home for someone that is looking for rentals or to do a 1031 exchange. This a clean package see the additional MLS # to get a clear understanding of what this seller has to offer, or purchase them separately.

1408 103rd Street E, Tacoma

Listing courtesy of Keller Williams Realty PS.

$834,900

2556884 MLS ⋅ ACTIVE Status

The one you are waiting for! Own 1 of the biggest duplexes in Pierce County. Live in 12408 while long term tenant pays half of your mortgage...Current FHA loan is assumable so a great option for owner occupant. Each side offers 1739 sqft and lives like a 3 bed & 1.75 bath (or 2 bed plus den/office.) Pictured is 12408 the vacant left unit. Each side features an upstairs with 2 large bedrooms, Full Hall Bath, Large Living & Dining Room with Vaulted Ceilings & Updated Kitchen. Slider from Dining Room gives access to private backyards with patios. Downstairs features Huge Office/Bonus Room with closet, 3/4 Bathroom plus Laundry & Deep Garage that may fit 2 cars tandem depending on size. Lot is over a half acre with large front lawns, fenced rear yard with patios & fence between units for privacy. 2 car tandem garages with off-street parking. Quiet dead end with only 1 other duplex on the whole street creating a great road without a bunch of cars racing by. Perfect for quiet living. 5 minutes from South Hill Mall, Costco, Lowes, Home Depot, restaurants & shopping galore, 7 minutes from Highway 512. Owner spent $70k+ getting this building ready for sale! It is move in ready! DO NOT MISS THIS!

12408 82nd Avenue E, Puyallup

Listing courtesy of Real Estate Gladiators.

$799,950

2555352 MLS ⋅ ACTIVE Status

Calling all investors & house hackers! AWESOME opportunity for a single level/rambler duplex in Puyallup on a private culdesac! Conveniently located near freeway access, shopping, entertainment, & more! Each side has a spacious 3 bed 2 bath layout & access to backyard space. Entry opens up to an open concept layout with the living room that has vaulted ceilings and pours into the dining area & kitchen that has an island w/ bar top seating! Primary room features an ensuite and a walk in closet! There are 2 more spacious bedrooms and a full bath down the hall. Both sides have a 2 car attached garage and large driveway that fits 4 cars for each side! Both sides have gas fireplaces & unit 12704 also has a heat pump! Dedicated laundry room for each side. Back yard is partially fenced and each unit has a private patio! 1 YEAR HOME WARRANTY INCLUDED! Dbl listed: 2555335

12702 12704 119th Street Ct E, Puyallup

Listing courtesy of Theory Real Estate.

$825,000

2555322 MLS ⋅ ACTIVE Status

Newer 2-story duplex built in 2019. Rare 4 bedroom and a two garage on each side. Each side has 1608 sq. ft. with a 400 sq. ft. attached garage. Vinyl plank flooring on the main level with wall to wall carpet on the upper level. An additional shop has 200 amp service that is separate from the duplex with 320 SF and an additional 160 SF of covered space. Great for living on one side and keep the shop for yourself and renting out the other side. Hardiy plank on all four sides. Road maintenance is $200 per year.

15908 39th Ave East, Tacoma

Listing courtesy of Gateway Real Estate.

$950,000

2555926 MLS ⋅ ACTIVE Status

Prime Investment Opportunity: 6-Plex Cash Cow in Roy, WA! Discover steady income and exceptional value with this 6-unit apartment building features six 2-bedroom, 1-bathroom units on a generous ~1.19-acre lot. Tenants enjoy off-street parking, shared laundry, water/garbage inclusions, and easy maintenance. Current rents hover in the $1,300–$1,375 range, with strong occupancy potential. -Proven Performer with Strong Returns -Annual Gross Income: Nearly $100,000 -Cap Rate: 8.4% — outstanding for the area -Reliable rental demand from military personnel. Why Investors Love This Asset -Stable Cash Flow: A true "cash cow" with predictable income and low vacancy risk. -Value-Add Potential: Acreage allows for additional parking, storage, or enhancements. -Appreciation Upside: Proximity to JBLM and regional growth supports long-term gains. -Simple Management: Compact 6-unit layout on one site. Perfect for hands-on investors or those expanding their portfolio with multi-family properties. This is a rare chance to own a performing asset in a military-driven market with built-in equity and strong yields.Don't miss this income-generating gem. Contact us today for details, financials, or a private showing.

9112 336th Street S, Roy

Listing courtesy of Abbey Realty Inc.

$2,137,500

2555633 MLS ⋅ ACTIVE Status

**ALERT** Investment Opportunity in the heart of Lakewood! This well-maintained 8-plex - 100% occupancy with a strong rental history and consistently low vacancy rates. Several units have been thoughtfully updated over time, featuring modern kitchen cabinetry, refreshed bathrooms, updated flooring, and newer water heaters, helping minimize future capital expenditures while enhancing tenant appeal. Situated on a desirable corner lot, the property offers excellent visibility, ample on-site parking, and additional street parking for residents and guests. Pride of ownership is evident throughout with fresh exterior paint, attractive landscaping, and consistent upkeep that contributes to strong tenant retention and long-term investment stability. Ideally located in close proximity to Joint Base Lewis-McChord (JBLM), this property benefits from strong rental demand while offering convenient access to shopping, dining, parks, schools, public transportation, and major commuter routes. A turnkey multifamily asset with proven performance, this 8-plex presents a rare opportunity to acquire a well-maintained, income-producing property in one of Lakewood's most sought-after markets. All kitchen appliances stay, washer/dryer hook ups in all units!

8303 John Dower Road SW, Lakewood

Listing courtesy of RE/MAX Northwest.

$674,999

2555073 MLS ⋅ ACTIVE Status

Welcome to this turnkey triplex offering an exceptional opportunity for investors seeking immediate cash flow. Each of the three 2-bedroom, 1-bath units offers approximately 696 sq. ft. and has been thoughtfully updated. Recent updates in last 5 years include new roof, new septic system, vinyl windows, fencing, and extensive interior renovations throughout the units. Current rents are $1,625/month for Unit 1 and $1,650/month each for Units 2 and 3, plus an additional $150 per month from each tenant toward utilities, creating strong income potential. A shared laundry room, ample off-street parking, and a prime location just minutes from JBLM, I-5, restaurants, shopping, and American Lake make this a true cash-flowing investment and an excellent addition to any portfolio.

8311 Lake Street SW, Lakewood

Listing courtesy of Every Door Real Estate.

$975,000

2555332 MLS ⋅ ACTIVE Status

Priced to sell! If you've been searching for a spacious home in outstanding condition on scenic acreage, this is it! Beautifully maintained and offering approximately 4,000 square feet, this exceptional Edgewood property captures breathtaking valley and Mount Rainier views from most rooms, with spectacular sunrises over the Cascade Mountains and the occasional opportunity to enjoy the Northern Lights from the expansive 60-foot deck. Designed with flexibility in mind, the home features five generously sized bedrooms, 3.5 bathrooms, two full kitchens, expansive living areas, split A/C systems, and a luxurious primary suite with a custom jetted tub. The lower-level guest quarters with a private kitchen offer exceptional versatility and are currently generating $1,500 per month in rental income. The large driveway and garage offer abundant parking for an RV and numerous vehicles, and recent exterior paint and roof updates add lasting value and convenience. Set on peaceful view acreage along a quiet private road with only four homes, this remarkable property offers privacy while remaining just minutes from I-5, Highway 18, Highway 167, shopping, dining, parks, and everyday amenities. This is a home that truly must be experienced in person to appreciate all it has to offer.

4706 Caldwell Road E, Edgewood

Listing courtesy of Redfin.

$555,750

2555082 MLS ⋅ ACTIVE Status

Fabulous location downtown Puyallup, where the City is revitalizing the downtown district for community interest. Walkability to services and restaurants means that these units are always rented! 2 bedrooms and 1 bath with one carport space for each, these units have been incredibly well cared for by the long time owners. The back unit has a huge back yard. Additional income from coin operated laundry of $1200 per year. Great opportunity to own an investment with upside potential. Also a great way to enter the market as a first time homebuyer.. live in one side and rent out the other while gaining equity! PLEASE DO NOT DISTURB TENANTS.

606 8th Street NW, Puyallup

Listing courtesy of Windermere RE West Campus Inc.

$650,000

2554215 MLS ⋅ ACTIVE Status

Excellent investment opportunity with this well-maintained duplex featuring two desirable 2-bedroom, 1.5-bath units in a private, convenient location. These thoughtfully designed floor plans are consistently easy to rent, making this an ideal addition to any investment portfolio. One unit is occupied by a long-term tenant, while both units have been well cared for.Each home offers a functional two-story layout with the living areas, kitchen, laundry, and a convenient half bath on the main level, while both bedrooms and a full bathroom are located upstairs. Each unit also includes its own washer and dryer, a covered parking space, and ample storage.Surrounded by mature landscaping that provides a sense of privacy for tenants, this property offers a peaceful setting while remaining close to shopping, dining, schools, and major commuter routes. Whether you're looking to expand your rental portfolio or invest in a property with strong long-term appeal, this duplex is one you won't want to miss.

5117 5119 84th Street E, Tacoma

Listing courtesy of Neighborhood Experts Real Est..

$2,000,000

2553708 MLS ⋅ ACTIVE Status

SELLER FINANCING AVAILABLE. The Villa Apartments is a well-located 10-unit apartment building situated in one of Tacoma's most coveted and historically stable submarkets — North Tacoma. Offered to the market for the first time in over 25 years, this is a rare opportunity to acquire a long-held, carefully maintained asset in a neighborhood that consistently commands strong tenant demand and above-average rent growth. The property presents a compelling value-add investment profile, with dated interiors that reflect the building's long-term ownership and offer a clear path to modernization. A strategic renovation program targeting updated finishes, fixtures and exteriors would allow a new owner to drive meaningful rental growth and unlock significant upside in stabilized value. Adding to the opportunity, the seller is offering attractive financing terms, providing qualified buyers with a distinct advantage in today's elevated interest rate environment. North Tacoma's appeal is well established - tree-lined streets, walkable neighborhoods, proximity to the University of Puget Sound, Tacoma's best retail and dining corridors, and consistently low vacancy make it one of the most sought-after multifamily locations in the South Sound.

1115 N 12th Street, Tacoma

Listing courtesy of Kidder Mathews.

$3,400,000

2553466 MLS ⋅ ACTIVE Status

This stunning lakefront property is unlike anything you’ve ever seen! Sited on 700 feet of waterfront and 9.31 acres, this special property is the perfect combination of lakefront luxury and income generating rentals. The hallmark of the property is the lakefront lodge. At more than 4,200 square feet, clad in stone, stucco, slate, and copper, this beautiful home features a main level primary suite, an expansive kitchen, a two-story great room, and an attached ADU/MIL above the three-car garage. Open the three sets of French doors in the great room for a seamless indoor-outdoor flow onto the covered outdoor patio. Enjoy beautiful lake views from nearly every room, especially the elevated ADU which offers two private external entrances and interior access from the main residence. The South-facing shoreline features a picturesque Mount Rainier view. The dock easily accommodates a float plane or large vessel, with an extra motorized float perfect for cruising the lake with friends. Now, the rentals. This single-parcel property includes 7 rental units: two 1-bed duplexes, a 2-bed duplex, and an additional single-family home. These additional residences have all received consistent updates throughout the years and benefits from long-term tenants who would love to stay. Photos of the SFR and one of the duplex units are included in this listing. Gross annual income exceeds $100,000 per year and a rent roll is available upon request. This one-of-a-kind property is as rare as it comes.

1000 Creso Road S, Spanaway

Listing courtesy of COMPASS.

Pierce County Multi-Family Properties for Sale

Newest Pierce County Multi-Family Homes for Sale

Alex Foraker

SEARCH

RESOURCES

About