Refine Search
Sort by
$599,999
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.

$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.

$900,000
2550841 MLS PENDING Status
Exceptional investment opportunity in Tacoma's rapidly evolving Downtown! This income-producing triplex offers immediate income potential and outstanding long-term upside. The property features three separate units, three garage spaces and convenient alley access. Situated on a 6,500-square-foot lot within Tacoma's Neighborhood Residential Mixed-Use (NRX) zoning district, the property offers exciting value-add and future redevelopment possibilities (buyer to verify). Built in 1910, this classic investment property combines timeless character with modern investment potential. Ideally located just minutes from Downtown Tacoma, major hospitals, the light rail, the University of Washington Tacoma campus, restaurants, shopping, and I-5, tenants enjoy exceptional convenience and accessibility. Sidewalks, public transportation, and a highly walkable location further enhance tenant appeal. Whether you're looking to expand your portfolio, owner-occupy while generating rental income, or capitalize on Tacoma's continued growth, this is a rare opportunity to own a versatile income property in one of the city's most sought-after redevelopment corridors.

820 S J Street Unit #A B C, Tacoma

Listing courtesy of John L. Scott Woodinville.

$749,000
2544538 MLS PENDING Status
Exceptional opportunity in a fantastic urban location just blocks from the heart of Proctor. Enjoy easy access to cafés, parks, schools, the waterfront, shopping, dining, and all the amenities this vibrant community has to offer. Rich in historical architecture with hardwood floors, high cove ceilings and timeless character, this versatile property is currently configured as a triplex with a strong rental history. The fully remodeled backyard ADU is modern industrial, turnkey and ready to generate immediate income. The upper-level apartment has a successful history as a short-term rental. All three apartments are spacious, have kitchens, full baths and their own laundry. Looking for a forever home? Restore and convert the main house back into a stunning single-family residence while retaining the ADU for supplemental income or for multi-generational living options. Whether you're seeking an investment property, a restoration project, a compound or future development potential, this rare offering delivers endless possibilities in one of the area's most desirable neighborhoods. Zoning is C:1 General Neighborhood Commercial, which provides additional options for for commercial use like a small-scale retail storefront, professional offices, medical clinic, and personal service shops like a hair salon!

3207 N 26th Street, Tacoma

Listing courtesy of Redfin.

$1,395,000
2540292 MLS ACTIVE Status
Discover this rare, turnkey 3-unit gem in North Tacoma’s classic Old Town neighborhood, surrounded by $1M+ homes. The views of Commencement Bay & Vashon Isl from both front units are stunning. The property operates as short- & mid-term rentals (STR/MTR) & is fully furnished. Superhost status, strong positive online reviews & many repeat bookings. This property perfectly blends lifestyle luxury with strong income potential, making it ideal for STR/MTR investors. Alternatively, it's perfect for owner-occupants seeking a smart house-hack or multi-generational living setup. Live in one unit while generating income from the others. This location features a stacked duplex with mirrored 2bd/2.5ba units up front incl full w/d & each bedroom has a private bath suite. New $18k ductless mini-split heat/AC for Unit B in 2026. The 3rd unit is a studio under the garage off the alley. New composite deck in 2025. Located in a vibrant area near Ruston's waterfront, amenities, and attractions, yet tucked into an upscale enclave. This 3-unit property is a low-maint, high-reward opportunity in a market where quality multifamily with unobstructed views are scarce. The sellers have loved owning this gorgeous & stylish property. Their time to scale back is your golden opportunity to continue its operation or make it your own. Don’t miss this chance to own a beautiful, income-generating property in one of Tacoma’s best locations! Additional details & financials available to serious inquiries only.

2726 N 30th Street, Tacoma

Listing courtesy of Multifamily Properties.

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

105 E 96th Street, Tacoma

Listing courtesy of Skyline Properties, Inc..

$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.

$799,950
2507125 MLS PENDING Status
2 Houses on 1 Parcel and giving you 3 RENTAL UNITS. [Unit 411A and 411B]White Home in front has 2 UNITS w/ newer roof; pex plumbing, electrical, hardwood, and newer carpeting; and new double pane vinyl windows. UPDATED kitchens w/ stainless appliances. High ceilings and old-world charm create dramatic and easily rented homes. [Unit 409] DETACHED home in the rear w/ alley access offers the opportunity for a well-rounded investment; even multi-generational living. Garage w/ 2 separate stalls and alley access allows for plenty of parking. All units have been easily rented and have never had a problem filling with great residents. GREAT location for commuters and proximate to UW TACOMA, downtown, Tacoma Dome, HJwy 705, I-5, and all area services - north and south. A great place for your investment portfolio with an up-and-coming area.

409 S 30th Street, Tacoma

Listing courtesy of Morrison House Sotheby's Intl.

$563,000
2498769 MLS SOLD Status
Unlock income potential with this Tacoma triplex estate sale! Priced at $558,000, this one-story investment opportunity features three well-designed 2-bedroom, 1-bath units, making it highly attractive in a consistently high-demand rental market. Each unit offers functional living spaces that appeal to long-term tenants, helping support stable occupancy and reliable income.The property is designed with both investors and tenants in mind, featuring coin-operated laundry for additional revenue, ample off-street parking, and a spacious shared outdoor picnic/common area that enhances livability and tenant satisfaction. Situated on a quiet cul-de-sac, the location offers a sense of privacy and reduced traffic—an added bonus for tenant retention.With solid construction, a practical single-level layout for easier maintenance, and clear upside potential, this property presents a fantastic opportunity to build equity over time. Whether you're an investor seeking strong cash flow or an owner-occupant looking to offset your mortgage by living in one unit while renting the others, this triplex delivers versatility and long-term value in a growing Tacoma market.Don’t miss your chance to secure a multi-family property with immediate income potential and future appreciation upside!

4214 S 65th Street, Tacoma

Listing courtesy of Keller Williams Realty. Selling Office: Engel & Voelkers North Tacoma.

$705,000
2486690 MLS SOLD Status
Outstanding multi-family opportunity in East Tacoma! This well-positioned triplex sits on a spacious corner lot at the entrance of a quiet cul-de-sac with convenient access to I-5, Hwy 7, and major commuter routes, an attractive location for consistent rental demand. Each of the three units offers approximately 800 square feet with 2 bedrooms, 1 full bath, practical layouts, and two dedicated parking spaces per unit. Currently generating $5,095 per month in rental income, the property provides immediate income with additional upside potential as improvements continue.Units have been updated over time, and the roof has been replaced in recent years (per seller). Each unit is separately metered for electricity, supporting simplified utility management. Properties offering income in place, flexible occupancy options, and value-add potential are limited. A versatile opportunity in a convenient Tacoma location.

201 E 36th Street, Tacoma

Listing courtesy of eXp Realty. Selling Office: COMPASS.

$950,000
2484518 MLS SOLD Status
Fully remodeled & furnished Craftsman triplex in Hilltop. Renovated in 2022 with new roof, plumbing, electrical, panels, water heaters, appliances, flooring, sheetrock, lighting, wall heaters, & more cosmetic updates. Property includes over $60,000 in furnishing, creating immediate opportunity for mid-term, short-term, or traditional rental use. Apartment 1 (lower level) features 3 beds & 1 bath with spacious quartz kitchen, stainless steel appliances, 8ft ceilings, private outdoor seating area & in-unit laundry. Currently leased at $2,100 per month through 7/16/26. Apartment 2 (middle level) offers 3 beds, 1.5 baths, beautiful open living, quartz kitchen with large island, stainless appliances, added half bath, covered front deck, fenced yard, & in-unit laundry. Leased at $2,500 per month through 5/14/26. Apartment 3 (top level) showcases 3 beds, 1.5 baths, vaulted ceilings, designer finishes, remodeled kitchen & bath with unique tile work, in-unit laundry, exterior storage, & is currently vacant for owner occupancy or premium rental potential.All units include private washer & dryer in-unit, and all appliances are included. Sale includes extensive furnishings, linens, dishware, décor, & household essentials, providing true turnkey rental readiness. Prime Hilltop location near major hospitals, 6th Ave, Stadium District, UPS, & Tacoma Dome supports strong rental demand & historically low vacancy. Ideal opportunity for investor, house-hack buyer, or furnished rental portfolio.

719 S Sheridan Avenue, Tacoma

Listing courtesy of Realty One Group Turn Key. Selling Office: Real Broker LLC.

$800,000
2481230 MLS SOLD Status
Turn-Key 3 unit triplex could be used as short/mid-term rental as all staging items can be written into any offers, and it is just a block away from Lincoln district shopping and restaurants. All units remodeled middle and lower units 2 bed / 1 bath, upper unit 1 bed / 1 bath, all units have separate in unit laundry, high end kitchens and bathrooms, plus extra design features unique to each unit. Newer electrical, plumbing, insulation, roof, windows, ductless mini splits provide heat and AC to middle and upper units. Brand new quartz counters, solid soft close cabinets, LVP flooring, vanities, custom light fixtures, no maintenance issues for a long time, fully separated electric and gas meters, 4 off street parking spots and a detached 2 card garage!

3833 S G Street, Tacoma

Listing courtesy of Realty One Group Turn Key. Selling Office: Real Broker LLC.

$710,000
2475764 MLS SOLD Status
Investors & House-Hackers take note of this excellent three-unit property (duplex plus DADU), just blocks from University of Puget Sound, 6th Avenue and Proctor district! The main floor unit was recently renovated (2025) and offers 2 bedrooms/1 bathroom fresh interior paint, refreshed kitchen with new appliances, new flooring, upgraded bathroom and in-unit W/D. Upstairs unit offers a new furnace, mini-split in kitchen, new stackable W/D and lots of storage and character! Charming detached ADU offers privacy with nicely sized rooms, walk-in closet, gas furnace & in-unit W/D. All units rented by paying tenants. Showings after mutual acceptance, please be respectful and DND the tenants. Get your offer in and add this cash flowing property to your rental portfolio!

3116 3118 N 8th Street, Tacoma

Listing courtesy of Skyline Properties, Inc.. Selling Office: Jason Mitchell Real Estate WA.

$899,000
2470773 MLS SOLD Status
Rare North Slope triplex located directly across from the iconic Rust Mansion — a premier location in one of Tacoma’s most desirable historic neighborhoods. The ground-floor unit lives like a single-family residence with 2 bedrooms, 1 bath, covered front porch, and exceptional period charm. The two upper units are updated, multi-level townhome-style layouts offering 2 bedrooms, ¾ baths, private balconies, and water views, supporting strong tenant demand and premium rents. Additional income is generated from a detached 3-car garage, with potential upside through future DADU or fourth-unit conversion (buyer to verify). Shared on-site laundry adds operational efficiency and tenant convenience. A true turn-key asset with long-term appreciation, multiple income streams, and flexible exit strategies — ideal for both seasoned investors and owner-occupants seeking a high-quality house-hack in a trophy location.

1012 N I Street, Tacoma

Listing courtesy of Real Broker LLC. Selling Office: Hawkins Poe.

$1,125,000
2465277 MLS SOLD Status
Fantastic investment opportunity!Own this brand-new construction triplex built townhome style.All units rented! Near colleges & military bases,offering incredible rental income potential w/the benefit of low maintenance new construction.Each unit has modern finishes featuring an open great room w/mini-split AC system,kitchen w/quartz counters,ss appliances,LVP flooring throughout & a deck off the kitchen.Two primary bedrooms w/private baths,1car garage.Individual utility meters make this an ideal rent opportunity-live in one unit/rent the others!Possible for buyer to convert into individual condo units after purchase.A smart investment in a prime,high-demand area,multiple 3-unit & 4-unit buildings available,owner willing to sell one or all

313 311,309 118th Street S Unit #3, Tacoma

Listing courtesy of Keller Williams Rty Tacoma. Selling Office: Skyline Properties, Inc..

$1,250,000
2447851 MLS ACTIVE Status
Well-positioned investment property located in the desirable Browns Point area of Northeast Tacoma. With Units B & C rented and stabilized, Unit A has recently been vacated and prepped for new tenants. This triplex features generously proportioned units at ~1450 sq.ft. each and has delivered consistent cash flow at a 5.8% capitalization rate. Comprehensive recent improvements include luxury vinyl plank flooring, updated interior and exterior paint, stainless steel appliance packages, in-unit washer and dryer hookups, quartz countertops, and tile finishes. All three units offer ground-level entry, individual fenced outdoor spaces, and allocated parking with two designated spaces per unit. The property comprises two 4-bedroom, 2-bathroom units and one 5-bedroom, 2-bathroom unit, offering diverse rental market appeal. This is a well-maintained asset offering immediate cash flow alongside strong appreciation prospects in a premier Tacoma residential location.

6215 29th Street NE, Tacoma

Listing courtesy of Upside Properties.

$800,000
2448110 MLS SOLD Status
Welcome to this incredible house-hacking opportunity in North Tacoma! Whether you’re a savvy investor or looking to live & earn, this versatile triplex has you covered. The property features two spacious 2-bedroom, 1-bath units & a 1-bedroom, 1-bath unit-each with its own W/D, full kitchen & off-street parking with ample spots. Live in the vacant unit or rent out all three for strong market rents & excellent cash flow. Renovated in 2018, this well-maintained property sits on a large lot with potential for future development. Perfectly located near transit, dining, schools, & parks, it promises strong rental income & healthy appreciation.Don’t miss this chance to invest in a property that combines comfort, convenience, & cash flow potential!

4111 6th Avenue Unit #A,B,C, Tacoma

Listing courtesy of Windermere Prof Partners. Selling Office: Skyline Properties, Inc..

$1,190,000
2444832 MLS ACTIVE Status
One is sold! But we still have 1 more triplex! Fantastic investment opportunity!Own this brand-new construction triplex built townhome style.All units are fully rented.Near colleges & military bases,offering incredible rental income potential w/the benefit of low maintenance new construction.Each unit has modern finishes featuring an open great room w/mini-split AC system,kitchen w/quartz counters,ss appliances,LVP flooring throughout & a deck off the kitchen.Two primary bedrooms w/private baths,1car garage.Individual utility meters make this an ideal rent opportunity-live in one /rent the others!Possible for buyer to convert into individual condo units after purchase.A smart investment in a prime,high-demand area,One 3-unit & 4-unit buildings available,owner willing to sell one or all

315 317,319 118th Street S Unit #3, Tacoma

Listing courtesy of Keller Williams Rty Tacoma.

$635,000
2429732 MLS SOLD Status
Here is a remodeled triplex in a quiet corner of South Tacoma, just south of the Oakland district. This one-level building allows easy access to each unit. Each 2-bed, 1-bath unit has a private backyard space. From this location, tenants have easy access to shopping, medical services, travel corridors (Hwy 16 & I-5), JBLM and more. There is much for the landlord to like, as well. All 3 units in this 1976 triplex were updated in 2021. Interior work includes new flooring, doors, kitchen cabinets, all hardware, sinks, fixtures, and countertops, new appliances, all new wall heaters, bath vanities and fixtures, plus interior and exterior paint. New side-sewer in 2021; new roof and gutters in 2025.

3729 S Gunnison Street, Tacoma

Listing courtesy of Coldwell Banker Bain. Selling Office: RSVP Brokers ERA.

$580,000
2410056 MLS SOLD Status
Fully Updated TRIPLEX near the bustling art/music/restaurant hot-spot of South Tacoma Way! This Multifamily Investment Opportunity provides the rare chance for new investors to enter the market with a house hacking opportunity. Unit C is currently vacant and ready for move in today! Adjacent units are occupied with leases at current market rent prices!! Each unit is 550 sq ft, 1 bedroom, 1 bathroom complete with Luxury Vinyl Plank! Kitchen features updated appliances, shaker cabinets and modern lighting. Vaulted ceilings create open and bright space. Dedicated Washer/Dryer in each unit + private 550 sqft garage! Walk to public transportation, parks, grocery and much more! This one is a no-brainer. Go get it!

3510 S 40th Street Unit #1-3, Tacoma

Listing courtesy of Theory Real Estate. Selling Office: Theory Real Estate.

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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.