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$750,000
2492608 MLS ⋅ ACTIVE Status
$6,250 per month in occupied rents! Huge 140 x 120 building ready lot with septic already installed! Views of Mt Rainier & the Cascades. Excellent neighborhood with close access to freeways & the Puyallup S.D. Discover this incredible investment opportunity featuring multiple income producing units. This property delivers strong cash flow & is near everything you need! This is a rare opportunity combined with a great location. Main home is 2-bedroom, 1-bath, currently rented at $1,750/month. The 1,800 sq ft heated garage with 600 sq ft of office or additional storage space is currently rented for $2,750/month and offers 2 oversized 14' tall x 12' wide doors, a half bath, fully insulated, ready for engine hoists & equipped with 320 amp power. A fully remodeled 1-bedroom, 1-bath non-conforming ADU, attached to the rear of the large shop, also generates $1,750/month.

7415 100th Street E, Puyallup

Listing courtesy of Terrafin.

$749,000
2452331 MLS ⋅ ACTIVE Status
Well maintained Triplex in a great central location, close to Hospital and Freeway access. Good rental history. Live in one unit and rent out the other two! Detached three car garage with storage space is already partitioned providing three individual spaces for optimum tenant privacy and security.

1277 Sherman Avenue, Port Orchard

Listing courtesy of Better Properties Gig Harbor.

$709,000
2502512 MLS ⋅ ACTIVE Status
Full gut remodel and massive addition in 2006 effectively reset the clock on this triplex — think 2006 construction including electrical and plumbing, not 1905. Updates in 2024 and 2025 mean the big-ticket items are current, low maintenance risk, and the property is ready to continue to perform from day one. Several owner options here including value add buy and hold via rent increases, potentially owner occupy, builders can add value by taking advantage of the RMU zoning and adding units in the large rear area. Buyer to verify all. Three 2 bed, 1 bath, easy to rent units, all clean, bright and airy. Each unit has its own 8x10 storage unit appealing to more tenants. Separately metered units allow tenants to pay elec, garbage, and internet. 48 hour notice for showings, only one unit will be shown but once under contract all units will be made available. Full financials, remodel history back to 2002, reports and permits and leases available upon acceptance of offer and with a signed non-disclosure Financial data in listing is pro forma based on 12 month moving averages. Actual annual rent and income numbers may be higher.

533 Methow Unit #A,B,C, Wenatchee

Listing courtesy of CB Cascade RE - Wenatchee.

$700,000
2498485 MLS ⋅ ACTIVE Status
Great Opportunity with this Performing Duplex Plus Detached Single-Level Home! Perfect for house hacking, multi-generational living, or a wonderful addition to your investment portfolio. Each unit offers 2 bedrooms, 1 bath & functional single-level living, with its own private garage. The detached home is 1,240 SF & each side of the duplex is 948 SF. Situated on a large lot, nearly an acre in size, with potential for future development or expansion (buyer to verify). Well water & septic systems help keep operating expenses low, enhancing your overall returns. Offered at nearly a 6% cap rate with room for rent growth, this property offers both immediate income & long-term appreciation potential in a desirable location for stable tenancy. Opportunities like this don't come often!

9210 9212 204th Street E, Graham

Listing courtesy of Keller Williams Rty Tacoma.

$684,000
2496801 MLS ⋅ ACTIVE Status
Well maintained triplex in the heart of the Lincoln district. Rents are slightly lower than market rate, but building has 100% occupancy. All three units metered separately. Location is great for commuters and/or JBLM.

3827 S K Street, Tacoma

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

$675,000
2553794 MLS ⋅ ACTIVE Status
Investment Opportunity!! Well cared for Triplex on dead end road with easy access to SR 500 All units have 2 bedrooms and 1 bath. All units are occupied with the same tenants for 4+ years. Positive cash flow investment opportunity.

3316 Grand Boulevard, Vancouver

Listing courtesy of Coldwell Banker United Brokers.

$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.

$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.

$665,000
2467079 MLS ⋅ ACTIVE Status
Rare one-story triplex in a highly convenient Tacoma location. This income-producing, hard-to-find asset features three 2-bed/ 1.5-bath units, each equipped with washer/dryer hookups. Recent improvements include a new roof and gutters, along with interior updates throughout. The property offers carport parking with dedicated storage for each unit and includes a move-in-ready unit, providing excellent flexibility for owner-occupants or investors. Ideally located minutes to I-5 and SR-512, transit, schools, golf course, and Tacoma Mall. An identical adjacent triplex at 6909 Madison is also available, presenting a rare opportunity to acquire one or both properties.

6909 S Madison, Tacoma

Listing courtesy of Lee & Associates Commercial RE.

$665,000
2467036 MLS ⋅ ACTIVE Status
Rare one-story triplex in a highly convenient Tacoma location. This income-producing, hard-to-find asset features three 2-bed/ 1.5-bath units, each equipped with washer/dryer hookups. Recent improvements include a new roof and gutters, along with interior updates throughout. The property offers carport parking with dedicated storage for each unit and includes a move-in-ready unit, providing excellent flexibility for owner-occupants or investors. Ideally located minutes to I-5 and SR-512, transit, schools, golf course, and Tacoma Mall. An identical adjacent triplex at 6909 Madison is also available, presenting a rare opportunity to acquire one or both properties.

6905 S Madison, Tacoma

Listing courtesy of Lee & Associates Commercial RE.

$619,999
2562234 MLS ⋅ ACTIVE Status
Exceptional turnkey investment opportunity in the heart of Downtown Tacoma near Wright Park! Fully renovated, this property functions as a tri-plex while maintaining its legal duplex status, offering two spacious 3-bedroom units, plus a finished lower-level 2-bedroom unit for additional income potential. All three units have been extensively updated and are currently vacant, providing flexibility for investors seeking market rents or owner-occupants looking to offset their mortgage with rental income. Three separate electric meters allow tenants to pay their own electricity, helping reduce operating expenses. The property also offers outstanding future upside with potential to construct a Detached Accessory Dwelling Unit (DADU) in the rear yard, creating the opportunity for a 4th additional income-producing unit. A freshly improved backyard, alley access, and three dedicated parking spaces further enhance the property's functionality and appeal. Located amongst major hospitals, medical facilities, transit, the Tacoma Link light rail, downtown Tacoma, and major commuter routes, this is an ideal location for healthcare professionals, commuters, and long-term tenants alike. A rare opportunity to acquire a move-in-ready investment property with immediate cash flow potential and future development possibilities. Buyer to verify all redevelopment, zoning, and DADU potential. Approx. 11.6% cap rate, $84,000 gross annual income, and $7,000/month in rental income.

615 Martin Luther King Jr Way, Tacoma

Listing courtesy of 1 Percent Lists Tacoma.

$599,000
2515748 MLS ⋅ ACTIVE Status
Prime Downtown Puyallup investment opportunity! This fully renovated (2016) triplex at 232 4th Ave NW offers high rental demand near the Sound Transit station with just over 1,800 sq ft, boasting updated interiors while retaining classic charm in a walkable, top-tier location. The lot is zoned CBD (buyer to verify). There are two units downstairs and one upstairs. 100% new electrical and plumbing done in 2017.

232 4th Avenue NW, Puyallup

Listing courtesy of The Real Estate Firm.

$589,000
2478988 MLS ⋅ ACTIVE Status
This charming multi-family home in Sedro Woolley was built in 1900 and offers 3 separate units spread over 2 stories with a total of 3023 s.f. Two of the units are 2 bedrooms and 1 unit is 1 bedroom. All units have dishwashers, washers & dryers. Situated on a spacious lot measuring 23,958 sq.ft., this property provides ample room for outdoor activities and potential expansion. Development potential is zoned for up to 3 additional tri plexes. Buyer to verify to their own satisfaction. With its historic charm and generous living space, this property presents a wonderful opportunity for both investors and homeowners looking to own a piece of Sedro Woolley's rich history.

1100 Borseth Street, Sedro Woolley

Listing courtesy of Real Estate by You, LLC.

$585,000
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.

$569,999
2476036 MLS ⋅ ACTIVE Status
Turn-key Investment Opportunity! Approved triplex has been utilized as a 5-plex, with the upper level divided into 3 studio units (they share a bathroom). All units have individual kitchens. Updated building & units with strong cash flow—currently grossing $5,210/mo ($65,680/year) and approx. 9.37 % cap rate. Unit 1 fully remodeled with modern interior; Unit 5 carpet replaced 2 years ago. New coin-op laundry and water heater. Unit 1, 4 left vacant for potential owner-occupancy/upgrade to drive up value—only unit available for showing. Great in-city location with easy access to Everett CC, hospitals, shops, cafes, and freeways. Loyal long-term tenants, rent below market.

2515 Oakes Ave, Everett

Listing courtesy of Kelly Right RE of Seattle LLC.

$569,000
2486091 MLS ⋅ ACTIVE Status
Well maintained property in a great location on a large corner lot. Property offers carport parking for 3 units along with off-street parking and storage. Tenants have use of 952sqft in the basement for storage and/or projects. Coin-op washer and dryer is located in the utility room. Units have been updated. Cap Rate is 5%. Drive-by Only. Do not disturb tenants. Buyer to verify information. Seller to review offers upon receipt and interior viewing within 3 days of mutual acceptance.

1651 S 35th Street, Tacoma

Listing courtesy of Realty ONE Group Orca Gold.

$550,000
2528049 MLS ⋅ ACTIVE Status
A well-located Bremerton triplex offering a rare blend of historic character, stable income, and broad investor appeal. Built in 1905, the property retains the early-century architectural detail that continues to resonate with Kitsap County renters and supports consistent occupancy. The building is configured as three units, all currently occupied by tenants, providing immediate in-place income with no downtime or lease-up risk. The property has operated as a reliable, low-maintenance multifamily asset for many years. Tenants are on utility-pay leases, operating expenses have remained predictable, and management history is well documented. The structure, layout, and long-term rental performance make this an attractive option for investors seeking a steady, easy-to-manage addition to their portfolio. Located near key Bremerton employment centers and amenities, the property benefits from a strong and diverse tenant base. Showings are available only after a mutually accepted offer, ensuring minimal disruption to residents and smooth continuity of operations.

926 Pleasant Avenue, Bremerton

Listing courtesy of John L. Scott Snohomish.

$510,000
2504758 MLS ⋅ ACTIVE Status
Excellent Investment Opportunity. Triplex just completely renovated down to the studs. New electrical, new plumbing, new roof and new Hardie Plank Siding. New insulation, drywall, freshly painted, New carpet and Vinyl Plank flooring throughout. New Appliances and fixtures. Two units main level with one bedroom, one bath each. Upstairs is a two bedroom, one bath unit. All units have Washer and Dryer hookups. Parking off street. Perfect to live in one and rent the other two units or as an addition to your investment portfolio.

285 20th Avenue, Longview

Listing courtesy of John L. Scott, Inc..

$425,000
2506750 MLS ⋅ ACTIVE Status
Cash flowing triplex in the growing town of Westport! The current owners spared no expense in restoring this charming 1930s triplex! New siding, flooring, and paint make these units really shine. Currently tenant-occupied, the new owners can step in and take over a cash flowing property with room for growth. Commercial zoning and several value-add options provide limitless potential for the right buyer!

605 N Montesano Street, Westport

Listing courtesy of Coldwell Banker Bain.

$397,500
2554348 MLS ⋅ ACTIVE Status
Triplex in the Heart of Aberdeen – Investment Opportunity or Multi-Family Living! Investor alert or the perfect opportunity for multi-family living! This beautifully updated triplex is ideally located in the heart of Aberdeen, just minutes from shopping, dining, parks, and schools, while being safely situated outside the flood zone. The property features: • Two spacious 2-bedroom, 1-bath units • One charming 1-bedroom, 1-bath loft-style unit • Private decks for each unit • Newer flooring in 2 units • Updated electrical systems with brand-new panels With a convenient central location, strong rental potential, and thoughtful improvements already completed, this triplex offers an excellent opportunity to build passive income or live in one unit while renting the others. Whether you’re an investor looking to expand your portfolio or seeking a flexible living arrangement, this property delivers versatility, value, and long-term potential in a growing Aberdeen community. Don’t miss your chance to own a solid, income-producing property in a desirable location!

109 N Washington Street, Aberdeen

Listing courtesy of Windermere RE/Himlie.

$385,000
2549695 MLS ⋅ ACTIVE Status
Turnkey investment opportunity with owner-occupancy potential! Live in one unit while generating rental income from the others, or add a strong income-producing property to your portfolio. This well-maintained triplex features two units in the front building and a separate rear unit with its own private entrance, garage space, and alley access. Unit 1 offers 2 bedrooms and 1 bath on the main level. Unit 2 features 1 bedroom, 2 baths, and a dedicated office upstairs, making it an excellent owner-occupied option. Unit 3 includes 2 bedrooms, 1 bath, private entry, garage space, and added privacy. Each unit has its own laundry facilities for added tenant convenience. Recent updates include fresh interior paint and new flooring. A spacious side yard, driveway, and off-street parking enhance the property's appeal. The upstairs unit is expected to be fully leased by the end of July, offering flexibility for buyers who wish to occupy it before leasing or simply acquire a fully rented asset. Whether you're expanding your investment portfolio or purchasing your first multifamily property, this Hoquiam triplex offers flexible living arrangements, solid rental potential, and an excellent opportunity to build long-term wealth.

1111 Chenault Avenue, Hoquiam

Listing courtesy of Premier Realty Grays Harbor.

$375,000
2481980 MLS ⋅ ACTIVE Status
Remodeled Tri-plex on Emerson Ave in Hoquiam. Two of the units have 2 bedrooms and 1 bath. The third unit has 3 bedrooms and 1 bath. Many improvements: New siding & paint 2020-2022. New skirting 2019. New porch coverings 2020. Updated vinyl double pane windows. Most of the plumbing & wiring upgraded between 2015 - 2017. New bathroom tub/shower & paint unit #1. Fresh paint, flooring & new stove unit #3. New refrigerator unit #2. Insulated. Hardwired smoke alarms. Co-op laundry. A yard area in back for playground. Partially fenced. Only short vacancy in 1 unit, seller did upgrades during that time. 1 parking spot with street parking as well.

508 Emerson Avenue, Hoquiam

Listing courtesy of Windermere RE/Aberdeen.

$299,000
2397226 MLS ⋅ ACTIVE Status
This triplex stands out as a well-maintained and income-generating property in the Aberdeen area. With its mix of long-term tenants and a move-in-ready unit, it presents a unique opportunity for investors looking to combine residential living with investment potential. Don’t miss this chance to own a property with a strong rental history and an ideal layout for both tenants and owners alike. Unit 1. bottom floor 2 bedrooms 2 bathroom, unit 2 upstairs 3 bedrooms 2 bathrooms, unit 3 downstairs in the rear of the building 1 bedroom 1 bathroom. Cap Rate is 10.3 very good return on investment.

316 N F, Aberdeen

Listing courtesy of Windermere RE/Aberdeen.

$249,000
2513824 MLS ⋅ ACTIVE Status
Permits Approved – Shovel-Ready Duplex + Upside Fully approved plans (BPC-25-163) to convert this Craftsman into a legal 2-unit duplex—start building immediately with no entitlement risk. Interior demo complete. Features include 8’ basement ceilings, two electric meters/panels, new roof, and a level ~7,400 SF lot with alley access and 4+ off-street parking. Efficient layout (~920 SF main + ~840 SF lower) designed for strong rental income. RH zoning (High Density Residential) supports additional density potential (buyer to verify). Rare opportunity offering a de-risked, permit-ready project with near-term income and long-term upside.

816 S Chelan Avenue, Wenatchee

Listing courtesy of MLS4owners.com.

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