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$2,400,000
2485504 MLS ACTIVE Status
Sheridan Apartments | 9-Unit Fully Renovated Multifamily | 100% Occupied | $122,921 NOI Rare opportunity to acquire a fully stabilized, turnkey 9-unit asset in the heart of Central Tacoma. Sheridan Apartments offers immediate in-place cash flow with $194,000 gross income and $122,921 NOI, delivering strong performance from day one. This early 1900s Craftsman property has been extensively renovated, including fully updated interiors and a major electrical upgrade. There is no deferred maintenance, making this an ideal solution for investors seeking a low-management, quality asset. The diverse unit mix includes 2 detached homes, 5 apartment units, and 2 townhomes, creating strong tenant appeal and income stability. The property is 100% occupied and has demonstrated significant rent growth over the past several years, reflecting both operational strength and Tacoma’s expanding rental market. Located in Central Tacoma with a Walk Score of 86, the property benefits from proximity to JBLM, major healthcare employers, and multiple higher education campuses. JBLM alone supports over 52,000 employees with substantial off-base housing demand, reinforcing long-term rental stability. Whether completing a 1031 exchange or adding a stabilized asset to your portfolio, Sheridan Apartments provides immediate income, renovation quality, and long-term upside in one of Washington’s most supply-constrained markets.

1319 S 9 Street, Tacoma

Listing courtesy of Keasy Property Management.

$2,399,980
4 Beds 4 Baths 2479215 MLS ACTIVE Status
Presale Opportunity! Custom luxury home by TONKA HOMES NW located in the prestigious Silver Lake Highlands within the McKenna Forest Reserve. This stunning new construction offers 4,119 sq. ft. of thoughtfully designed living space, blending refined craftsmanship with timeless Northwest elegance. A covered front porch and formal entry welcome you into an open, light-filled layout ideal for both everyday living and entertaining. The chef’s kitchen features custom white oak cabinetry, an expansive island, quartz countertops, and Thermador appliances, flowing seamlessly into the dining area and great room with expansive windows overlooking the surrounding trees. The main-level primary suite is a true retreat, complete with a spa-inspired bath and generous walk-in closet. The upper level offers three additional bedrooms, full baths, and a spacious bonus/rec room. Situated on 20 acres within a gated community, this home offers exceptional privacy and a serene natural setting.

40320 32nd Avenue E, Eatonville

Listing courtesy of Morrison House Sotheby's Intl.

$2,375,000
2545296 MLS ACTIVE Status
Rare Edgewood investment opportunity offering immediate income and future upside on approximately 5 acres. This 5-unit property includes two duplexes with identical layouts plus a single-family home. Each duplex unit features 2 bedrooms, 1.5 baths, ~1,470 SF, 2-car garage, and laundry. Main level offers entry, living room with fireplace and patio access, kitchen, dining, and half bath. Upstairs includes 2 bedrooms with Jack-and-Jill full bath and private vanity areas. Ground level provides garage and storage. Single-family home is a 1 bed, 1 bath with full basement. Extensively upgraded with new electrical and plumbing, providing a strong foundation for long-term ownership. Spacious units offer value-add potential through cosmetic updates and rent increases. Tenants pay electricity and gas; landlord pays water and sewer. Ideally located near commuter routes, shopping, and employment centers—an excellent opportunity for investors seeking both stability and growth.

2421 98th Avenue Ct E, Edgewood

Listing courtesy of Windermere RE South Sound, Inc.

$2,350,000
3 Beds 3 Baths 2554516 MLS ACTIVE Status
Discover an exceptionally rare 2.4-acre waterfront opportunity in the sought-after Point Fosdick area of Gig Harbor, offering sweeping southwestern exposure and unforgettable sunset views across Wollochet Bay. The main three-story residence is perfectly oriented to capture the light and the water, creating a true front-row seat to some of the best sunsets on the Peninsula. Down on the sand spit sits a detached ADU right on the sandy beach—grandfathered and virtually impossible to replicate under today’s permitting standards. The property includes access to its own lagoon and a no-bank sandy beach, delivering effortless water access that is increasingly hard to find. Up top, the expansive 2.4-acre parcel provides true privacy, generous flat yard space, and abundant parking. Multiple outbuildings include a substantial 2,000-square-foot shop/shed, with water and power already run to several locations across the property. One enclosed shed enjoys outstanding views of the water and the Olympic Mountains—ideal as a studio, home gym, office, or private retreat. This is a unique combination of main house, beachfront ADU, lagoon, sandy beach, and usable view acreage that simply doesn’t come along often. Space, privacy, water access, and endless possibilities—all in one of Gig Harbor’s most desirable waterfront settings.

1303 38th Avenue Ct NW, Gig Harbor

Listing courtesy of Hawkins Poe.

$2,350,000
4 Beds 3 Baths 2536614 MLS ACTIVE Status
Experience the magic of Horsehead Bay from this beautifully updated waterfront retreat offering 45 feet of beachfront, a private deep-water float, shared dock, and picturesque shoreline living on over an acre. Thoughtfully remodeled while preserving its timeless maritime character, this 4-bedroom home features vaulted ceilings, hardwood floors, a gourmet kitchen, cozy wood-burning fireplace, primary suite with new carpet, AC, and expansive water views from many rooms. Step onto the low-maintenance waterside deck and watch eagles, seals, otters, heron, geese, and seagulls pass by as stunning sunrises paint the bay each morning. Launch a kayak, paddleboard, or swim right from your beach, enjoy boating adventures from your private float, or spend afternoons beachcombing along the shoreline. An 864 sq. ft. guest space above the garage offers flexibility for visitors, hobbies, or remote work, complete with a full kitchen, separate bedroom, & stackable washer/dryer. Additional features include a detached shop/garage for boats, vehicles, or recreational toys, a covered breezeway, a private well, unfinished basement providing abundant storage, and nearby boat launch access. Combining turnkey comfort, waterfront recreation, and the relaxed pace of life that makes Horsehead Bay one of Gig Harbor's most treasured waterfront communities, this exceptional property offers a rare opportunity to enjoy Pacific Northwest waterfront living with ever-changing marine views year-round.

3021 115th Ave. NW, Gig Harbor

Listing courtesy of Paramount Real Estate Group.

$2,349,000
4 Beds 4 Baths 2474836 MLS ACTIVE Status
Lot 6; The Ranch at Crescent is a 35 acre, gated development with only 7 homesites, lots of open space and over 20 acres of walking trails! This is a rare find anywhere and each lot has a very unique personality. Lot 6 is tucked near the back of the development, offering an expansive, open setting with a south-facing backyard and dedicated open space. The Yellowstone has been the builder’s most popular plan and there’s a reason; soaring ceilings, main-level living with four bedrooms, an office, and a very thoughtful design. Upstairs includes a spacious bonus room and an additional finished room. Enjoy outdoor living on the covered patio with a fireplace.25 hours with an interior designer is included to help you choose your finishes & colors. No need to bring your own financing through construction.

2820 131st Street NW, Gig Harbor

Listing courtesy of Windermere Prof Partners.

$2,298,000
4 Beds 5 Baths 2537877 MLS ACTIVE Status
Stunning custom estate on 15.53 usable acres and pastureland with breathtaking Mt. Rainier views. This award winning architectural masterpiece offers luxury, privacy, and exceptional craftsmanship throughout. With 5,896 sq ft, the home features 3 bedrooms plus a den/office that could serve as a 4th bedroom, a dedicated theater room, and 10-foot ceilings throughout both the main level and fully finished daylight basement. The thoughtfully designed floor plan includes a luxurious main floor primary suite with heated marble floors and it's own washer/dryer in the walk-in closet, plus a spacious junior suite downstairs. A second washer/dryer downstairs adds convenience for guests or multi-generational living. Elegant finishes include Carrera marble, stained solid wood millwork, and custom details throughout. Enjoy spectacular mountain and territorial views from the expansive Trex deck spanning the entire back of the home with outdoor heaters, creating the perfect setting for entertaining or relaxing. The attached 1,280 sq ft garage includes elevator lift access to the attic. The detached 2,994 sq ft heated and air conditioned shop offers incredible flexibility and is complemented by a fully finished 1,824 sq ft 2nd level with potential for guest quarters, recreation space, home business use, or possible future apartment/ADU conversion. A commercial grade gated entry welcomes you to this remarkable property, offering luxury living and amazing views!

10308 400th Street E, Eatonville

Listing courtesy of Real Estate With Nik & Co.

$2,270,000
3 Beds 4 Baths 2559192 MLS PENDING - BACKUP OFFER REQUESTED Status
Set in a coveted Fox Island enclave, this residence captures refined coastal living. The exterior offers a Hamptons-like feel, while the inside delivers a laid-back Malibu aesthetic. Framed by sweeping water and Olympic Mountain views, the home is designed to embrace light and an indoor-outdoor lifestyle. Expansive windows and decks capture views for days, while thoughtfully updated interiors feature refreshed finishes, renovated bathrooms, and curated details balancing style and function.The highly desirable layout features two luxurious primary suites. The upper primary includes skylights, radiant heated floors, a spa-inspired bath, and custom closets with a dedicated laundry area. Additional flexible spaces allow for a home office or fitness studio. Adding charm are four brick fireplaces, creating a cozy atmosphere throughout the home and the outdoor spaces. Outdoors, the lifestyle truly comes to life! A fully appointed outdoor living room with a gas fireplace, built-in bar, heat lamps, and hot tub creates the perfect setting for year-round gatherings. The landscaped, low-maintenance grounds feature fruit trees and a new RainBird system. Deck and lighting updates just added. Waterfront amenities include a 1/3 share of a private dock, jetski shoreport and deep-water buoy. Tucked into a welcoming neighborhood known for its warmth and community, you'll never want to leave.

586 North Shore Boulevard, Fox Island

Listing courtesy of Neighborhood Experts Real Est..

$2,250,000
3 Beds 4 Baths 2553370 MLS ACTIVE Status
Still Water Retreat is a 48± acre private estate in Roy where water, wildlife, and craftsmanship define the experience. A custom 4,284± sq ft Craftsman home overlooks engineered ponds, hay fields, timbered edges, and breathtaking views of Mount Rainier. Originally built in 1997 and remodeled in 2022, the home offers 3 bedrooms, 3.25 baths, generous gathering spaces, natural light, a stonework chimney, and a well-appointed kitchen designed for everyday living and entertaining. Long water corridors, irregular shorelines, islands, varied approaches, and open fields create genuine utility for retriever training, hunt-test preparation, and sporting-dog work, while the ponds support bass, sunfish, wildlife habitat, and quiet recreation. Improvements include a barn with a 1 bd, 1 bath, bunkhouse/ADU, detached garage, storage buildings, a covered kennel with 3 individual dog runs, maintained hay ground, private access roads, and a small corral. Power, water, and septic are installed, with a geothermal system tied to pond coils. Certain property-care equipment may be available subject to final agreement. With Mount Rainier visible from east-facing windows and elk, birds, and other wildlife moving through the fields, Still Water Retreat offers privacy, practical infrastructure, sporting utility, and a distinctly Pacific Northwest lifestyle within reach of all the amenities Tacoma, Yelm, Eatonville, and the Mount Rainier foothills have to offer.

6705 348th Street S, Roy

Listing courtesy of Fay Ranches-Washington.

$2,250,000
5 Beds 4 Baths 2513340 MLS ACTIVE Status
Welcome to your secluded outdoor oasis! Stunning new construction on 246 ft of beautiful Lake Tapps no bank waterfront. Gourmet kitchen with massive island, abundant natural light, walk-in pantry, pot filler, countertop glass washer. Open concept family room, soothing lake views on your hand crafted cedar ceiling deck. Resort style, western exposure and panoramic views from family, dining and bedrooms. Primary on main w/amazing ensuite including double headed shower along with double vanity sink, walk-in closet. Laundry rooms on upper and main floors for your convenience. Four large bedrooms upstairs w/ 3 hosting walk-in closets, huge bonus room or media room, plus craft room and office on the main. Your own natural grove park-like setting with privacy and brick fireplace for s'mores. Enjoy access to Church Lake Park with beachfront, boat launch, playground.(HOA)

6598 Vandermark Road E, Bonney Lake

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

$2,250,000
4 Beds 5 Baths 2490531 MLS ACTIVE Status
Back on Market, thru inspection and appraisal and buyers financing fell through. Ready to own your legacy property inside the gates of Augusta? This stately brick colonial home offers an extraordinary blend of timeless elegance, privacy, and refined living in the heart of UP. Sun filled living spaces are both grand and cozy. The chef's kitchen features quartz countertops, modern appliances, and timeless finishes. The large primary suite is luxurious and includes a 5 piece bath, fireplace, and walk in closet. Upstairs also features three more generous bedrooms, Jack and Jill bath, and a bonus space that provides many entertainment options. Outdoors, a private backyard sanctuary awaits. Mature landscaping surrounds a sparkling pool and tranquil entertaining areas creating an ideal setting for summer evenings and memorable gatherings. For collectors, the exceptional seven-car garage offers space and convenience for your vehicles and toys. Located near the US Open fairways of Chambers Bay, scenic waterfront trails, conveniences of University Place, and across the street from Charles Wright Academy.

6405 84th Avenue Ct W, University Place

Listing courtesy of Keller Williams Rty Tacoma.

$2,250,000
4 Beds 5 Baths 2464294 MLS ACTIVE Status
Exquisite custom luxury home with some of the most rare and expensive stone, quartzite & granite that you will ever find. Panoramic & unobstructed views of Commencement Bay, Mt Rainier, the Olympics, and Port of Tacoma. Fully fenced property with a private gate. Gourmet chef’s kitchen with high end appliances, breakfast nook, and dedicated baking center. Private 3-tier movie theater with 84” screen and projector. Primary suite with gas fireplace, private deck, 7' spa tub, jet shower with multiple heads & large walk-in closet. Huge open basement with flexibility to be used as rec room, gym, MIL or craft room. Resort-style patio with built in hot tub, water feature & outdoor fireplace. This place won’t last long, tour it while it’s available!

3340 Shorecliff Drive NE, Tacoma

Listing courtesy of Keller Williams Rty Tacoma.

$2,250,000
2441695 MLS ACTIVE Status
Rare 2.7-Acre C3-Zoned Commercial Lot – Easton Area, Bonney Lake Strategically Located at SR 410 E Frontage. Development-ready site with approved plans for a 17,000 SF building featuring a 10,000 SF warehouse, commercial kitchen, rooftop area, and 46 parking stalls. All critical studies completed: wetlands/delineations & restoration, architects, drainage, engineering. Secluded yet visible from SR 410 E with access via new public roundabout (under development) with private drive. Ideal for winery, distribution warehouse, office space or many more...MEP design underway; Permits Submitted and are included with purchase. One of the last prime C3 lots in a high-traffic commercial corridor.

22512 State Route 410 E, Bonney Lake

Listing courtesy of Berkshire Hathaway HS NW.

$2,250,000
2378132 MLS ACTIVE Status
Rare 2.7-Acre C3-Zoned Commercial Lot – Easton Area, Bonney Lake Strategically Located at SR 410 E Frontage. Development-ready site with approved plans for a 17,000 SF building featuring a 10,000 SF warehouse, commercial kitchen, rooftop area, and 46 parking stalls. All critical studies completed: wetlands/delineations & restoration, architects, drainage, engineering. Secluded yet visible from SR 410 E with access via new public roundabout (under development) with private drive. Ideal for winery, distribution warehouse, office space or many more...MEP design underway; Permits Submitted and are included with purchase. One of the last prime C3 lots in a high-traffic commercial corridor.

22512 State Route 410 E, Bonney Lake

Listing courtesy of Berkshire Hathaway HS NW.

$2,225,000
3 Beds 3 Baths 2558325 MLS ACTIVE Status
Redesigned with architectural flair, this extraordinary view home has been completely transformed into a private waterfront-inspired retreat you'll never want to leave. Extensively remodeled with premium finishes throughout, nearly every room captures breathtaking panoramic views of Colvos Passage, Vashon Island, Mt Rainier, Point Ruston & spectacular sunrise vistas.Every detail has been thoughtfully curated, blending timeless craftsmanship with sophisticated modern design. Quartz countertops, designer lighting, custom tilework, & upscale finishes create an atmosphere of understated luxury throughout the home. Upon entering, you're immediately welcomed by soaring water views, exposed timber rafters, & a warm tongue-and-groove pine ceiling that adds character a&architectural charm.The expansive chef's kitchen is designed to inspire, offering abundant workspace & an ideal setting for everything from intimate dinners to large-scale entertaining.Each spa-inspired bathroom is a work of art, showcasing dramatic floor-to-ceiling tile, elegant raised glass vessel sinks, frameless glass showers & exceptional designer finishes.No expense has been spared in creating this remarkable sanctuary. A new detached garage with dual electric vehicle chargers complements the home's extensive upgrades. Relax & take in the ever-changing marine activity, sparkling Point Ruston lights, majestic Mount Rainier, & the surrounding natural beauty that make this one-of-a-kind residence truly unforgettable.

8409 24th Avenue NW, Gig Harbor

Listing courtesy of Windermere Prof Partners.

$2,200,000
2546873 MLS ACTIVE Status
Welcome to Warren Beach, Lot 4 is now available. A flat, shy acre of, 97 feet of southwest-facing waterfront on the South Sound, with unobstructed views across Hales Passage, mountain views, sunrise and sunset. All-day sun. Some properties are rare. This one may be irreplaceable. Due to today's stringent waterfront regulations, Warren Beach is likely the final community of its kind ever permitted on the water, in greater Gig Harbor. Six southwest-facing, medium bank, lots. Deeded tidelands. Eagles overhead, whales in the passage, salmon running the tides below your future home. Community designed by BASK Design Build. Custom designed, by you, from the ground up, minimum 4,200 sq ft gated estate (two story), 3800 sq ft minimum for one story home, 97ft of water front, with room for a pool, ADU, sport court, or shop. Your vision, designed and built. Every detail is yours. Warren Beach offers what no other South Sound community can: only six neighbors, large, gated, private, flat lots, private beach with individual mooring buoys, and a standard of waterfront living that simply will not be permitted again. View protections built in. You don't find a place like this. You recognize it.

Lot 4, Warren Beach Drive, Gig Harbor

Listing courtesy of Neighborhood Experts Real Est..

$2,195,000
5 Beds 6 Baths 2468470 MLS ACTIVE Status
Spectacular Spanish Colonial & Mission Revival w/ expansive west facing views of the Puget Sound & Olympics. Be the first to ever live in this masterfully built home! Exquisite attention to detail throughout, including a bell tower, arches, large carved wooden doors, hand-painted accent tiles & finely crafted iron work that graces the stair railings & front gate. Dramatic foyer w/ soaring ceilings, a sprawling great room, formal dining area & main floor primary suite w/ private deck access, walk-in closet & 5 pc bath. 2 BDs w/ attached baths on the top floor & a rec room, bonus room w/ wet bar & 2 BDs on the lower level. Immerse yourself in the outdoor spaces including an interior courtyard w/ a water feature, patio & wrap-around view deck.

6106 Panorama Drive NE, Tacoma

Listing courtesy of KW Greater Seattle.

$2,195,000
5 Beds 6 Baths 2465796 MLS ACTIVE Status
Spectacular Spanish Colonial & Mission Revival w/ expansive west facing views of the Puget Sound & Olympics. Be the first to ever live in this masterfully built home! Exquisite attention to detail throughout, including a bell tower, arches, large carved wooden doors, hand-painted accent tiles & finely crafted iron work that graces the stair railings & front gate. Dramatic foyer w/ soaring ceilings, a sprawling great room, formal dining area & main floor primary suite w/ private deck access, walk-in closet & 5 pc bath. 2 BDs w/ attached baths on the top floor & a rec room, bonus room w/ wet bar & 2 BDs on the lower level. Immerse yourself in the outdoor spaces including an interior courtyard w/ a water feature, patio & wrap-around view deck.

6106 Panorama Drive NE, Tacoma

Listing courtesy of KW Greater Seattle.

$2,180,000
3 Beds 3 Baths 2540139 MLS ACTIVE Status
Fox Island Waterfront Retreat with Private Beach Access. Experience the best of Fox Island living in this beautifully situated waterfront home offering stunning Puget Sound views and 95 feet of low-bank waterfront. Nestled at the end of a dead-end street on a gated and fully fenced .84-acre lot, this property provides the perfect blend of privacy, natural beauty, and everyday comfort. Also, a view of Narrows Bridge and peekaboo view of Mount Rainier. With its 2,800 square feet of living space, this 4-bedroom, 2.5-bath home features an open-concept layout designed to maximize the breathtaking water views from nearly every room. The spacious kitchen offers a large quartz island with seating, a gas range, and seamless flow into the living and dining areas—ideal for entertaining or simply enjoying the scenery. A formal dining room with built-in buffet, cozy fireplaces, and a finished daylight basement provides flexibility for gatherings, hobbies, or multi-generational living. Step outside to expansive view decks on both levels, perfect for morning coffee, summer barbecues, or watching the sunset over the Sound. The landscaped grounds include chicken coup, a fenced garden area, rock river, and large front yard with oodles of potential uses. The medium bank features a great place to enjoy the evening around the firepit. Additional features include an attached garage, RV parking, hot tub/spa, metal roof, wired generator capability, and a covered deck for year-round enjoyment.

969 12th Avenue, Fox Island

Listing courtesy of BCR LLC.

$2,173,000
4 Beds 4 Baths 2563667 MLS ACTIVE Status
An extraordinary opportunity to own one of Lake Tapps' premier west facing waterfront properties. Set on 262 feet of coveted open water shoreline, this rare property offers an unparalleled combination of breathtaking sunsets, expansive level lot for exceptional privacy at the end of a quiet cu de sac. Designed for effortless lake living, this property offers a log boom for protected swimming, private boat launch, dock, newer boat lift, extra parking for boats or RV, hot tub, sprinklers, outbuilding, security and firepit. Expansive waterproof deck with sleek glass railings is ideal for entertaining, while a retractable awning provides shade for comfortable outdoor living. Cement shake siding and board and batten accents enhance the home's timeless appeal. Lovingly maintained and thoughtfully updated, the open concept interior captures lake views from nearly every room. The light filled great room flows into the beautifully remodeled kitchen featuring a walnut center island with seating, soft close cabinetry, abundant storage, new Thermador gas range with electric oven. Additional updates include refinished hardwood floors, smart lighting, new blinds, five panel doors and newer heating/cooling. Spacious primary offers a fireplace, deck access, dual vanities, soaking tub, walk in shower and closet plus second laundry.. The lower level is ideal for multigenerational living or guests, with a full kitchen, laundry, 2 rec rooms, 2 bedrooms and 1.75 baths. Attached 2 car garage.

4903 197th Avenue East, Lake Tapps

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

$2,149,000
3 Beds 3 Baths 2544006 MLS ACTIVE Status
Experience an extraordinary waterfront lifestyle with commanding western views of the Olympic Mountains and Carr Inlet, where spectacular sunsets become part of everyday living. Inspired by timeless Spanish stucco architecture with graceful arches, this turnkey villa blends refined craftsmanship with effortless coastal elegance. Walls of glass, extensive hardwood floors, and an expansive open-concept living area flow onto an oversized Trex entertainment deck—perfect for outdoor dining, lounging, sunbathing, evenings around a fire table, and taking in breathtaking waterfront views. The gourmet kitchen is designed for both everyday living and elegant entertaining. The private primary suite is a true retreat, offering sweeping 180-degree water views, a spa-inspired ensuite, and walk-in closet. Smart Home technology, air conditioning, fresh interior paint, a newer roof, and optional fully furnished accommodations make this a truly move-in-ready waterfront escape. A rare detached covered motor court accommodates up to 8 vehicles, a luxury motorcoach, or a trailered yacht. The shoreline is equally impressive, featuring a private waterfront staging area with storage shed, tideland rights, and a mooring buoy - offering effortless access to boating, paddleboarding, kayaking, and the coveted waterfront lifestyle of Horsehead Bay and the Puget Sound.

3810 Forest Beach Drive NW, Gig Harbor

Listing courtesy of Morrison House Sotheby's Intl.

$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.

$2,100,000
2535832 MLS ACTIVE Status
Exceptional investment opportunity featuring 12 rental units across 6 duplex buildings, offering immediate income with significant upside potential. Centrally located with convenient access to shopping, services, and major transportation routes, this property is well-positioned to attract and retain long-term tenants. Each duplex consists of one 2-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit, creating a desirable unit mix that appeals to a broad tenant base. Current rents are below market, presenting a compelling opportunity for a savvy investor to increase cash flow and improve overall returns. Several units have benefited from interior renovations, while portions of the exterior have been upgraded with new siding. Durable metal roofing, selective exterior improvements, and a straightforward design contribute to a relatively low-maintenance investment. An on-site laundry facility provides additional income potential for residents. Situated on a large parcel, the property appears to offer future development opportunities that could substantially increase income and overall value (buyer to verify all development potential and feasibility). Whether you're looking to expand an existing portfolio or acquire a value-add asset with multiple paths to increased returns, this property deserves serious consideration. Opportunities combining current income, rental upside, low-maintenance ownership, and potential future development are increasingly difficult to find.

11002 Idlewild Road SW, Lakewood

Listing courtesy of Keller Williams Rty Tacoma.

$2,100,000
5 Beds 6 Baths 2534503 MLS ACTIVE Status
Luxury, privacy, and over $290,000 in upgrades come together on this exceptional Gig Harbor estate set on nearly 5 usable acres. Extensively renovated and completely turnkey, this 4,100+ sq ft home offers the rare combination of refined living, functional space, and resort-style outdoor amenities just minutes from town- pool & sport court plans in hand. Over $117K was invested into landscaping, transforming the property into a private retreat with outdoor living spaces, mature greenery, gated entry, and stunning curb appeal. Inside, the home has been thoughtfully updated with fresh interior and exterior paint, new carpet, designer lighting, custom pantry renovation with tile work, air conditioning, smart home upgrades, and premium appliances including a high-end refrigerator and dishwasher. Expansive windows fill the home with natural light while generous living spaces provide flexibility for entertaining, multi-generational living, or working from home. The gourmet kitchen flows seamlessly into the heart of the home and out to covered outdoor spaces featuring a luxury hot tub retreat designed for year-round enjoyment. Additional improvements include insulated garage upgrades, deck refinishing, Nest systems, custom blinds, and more. The result is a property that feels elevated, private, and completely move-in ready. Enjoy peaceful estate living without sacrificing convenience — located just minutes to Hwy 16, top-rated schools, shopping, and downtown Gig Harbor waterfront.

5314 69th Street NW, Gig Harbor

Listing courtesy of Neighborhood Experts Real Est..

$2,100,000
2511012 MLS ACTIVE Status
**FULLY PERMITTED** 80-unit Multifamily Development Site (See Offering Memo) OR Modify plans to take full advantage of DCC zoning - 400' Height Limit and no off-street parking req w/ unlimited potential. Shovel-Ready, Transit Oriented Development Site w/ Unobstructed Rainier/Commencement Bay/City Views tucked away in the safety of North Tacoma’s Stadium and Theater Districts. Project Value Engineered to Maximize Wood Framing, Avoid Subterranean Parking, Avoid High-Rise req, permitted to 2018 Code, 8-year Property Tax Exemption w/ no affordability req ALL while optimizing unit designs/amenities that maximize revenue. Hit the ground running w/ falling interest rates while strategically delivering in 2027 w/ low new construction inventory!

605 St Helens Avenue, Tacoma

Listing courtesy of Keller Williams West Sound.

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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