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$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.

$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.

$449,950
2492238 MLS ⋅ ACTIVE Status
HOUSE HACKERS - this property is a great way to offset your mortgage living on one side and continue renting the other! INVESTORS - this a great turn key rental to add to your portfolio that even has potential to push rent higher! Unit 1 is a 1 bed 1 bath and Unit 2 is a 2 bed 0.75 bath. The property has been updated with LVP flooring, paint, and appliances! Conveniently located near the Tacoma Link Light Rail, UW Tacoma, Stadium District, Hospitals, restaurants, shops, entertainment, and more! Potential condoization for even more opportunity? Buyer to verify!

1123 S M Street, Tacoma

Listing courtesy of Theory Real Estate.

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