Tacoma Real Estate | Tacoma Multi-Family Homes for Sale

Smartly designed single-level duplex with each unit joined by individual attached garages, allowing for extra peace and quiet thanks to no shared common walls with your neighbor. Excellent curb appeal and thoughtful touches from bay windows, archways and wood burning fireplaces make each space extra cozy and inviting. Shy half-acre lot provides a large level fenced yard for each resident plus additional spacious parking pad. Turn-key condition with strong rents and short vacancies. Moments from JBLM, shops, restaurants and commuter routes. Each unit has their own washer and dryer hook-ups. Owner pays water and sewer. Tenant pays electric and garbage.

13803 13805 11th Avenue Ct S, Tacoma

Listing courtesy of John L. Scott, Inc.

$590,000

2529777 MLS ⋅ ACTIVE Status

This Central District charmer was once used as part of Lowell Elementary and now this historical home can be yours! Walk to UPS and 6th Ave while enjoying a beautiful neighborhood. This duplex's roof was replaced 5 years ago and recently updated 3 bedroom upstairs unit with new skylights, flooring, and appliances replaced in the past five years. The ground floor offers a large and spacious living room and spacious bedrooms. There is plenty of parking as well with an oversized 2 car garage and driveway. With great long term potential, this fully fenced corner unit home can be a great portfolio hold for years or a great place to live for an owner occupier. New furnace installed upstairs 08/26.

3322 3324 S 10th Street, Tacoma

Listing courtesy of Coldwell Banker Danforth.

$599,950

2525707 MLS ⋅ ACTIVE Status

Exceptional multi-family investment opportunity in the heart of South Tacoma’s thriving rental market. Located at 11901 Ainsworth Ave S, this income-producing property offers strong cash flow potential, consistent tenant demand, and long-term upside for investors seeking a high-performing asset.The property features functional unit layouts, ample parking, and convenient access to major commuter routes, JBLM, shopping, dining, and public transportation—making it highly attractive to renters. Tacoma’s continued population growth and limited housing inventory continue to support a strong rental market, positioning this property for stable occupancy and reliable income generation.Whether you're looking to expand your investment portfolio, complete a 1031 exchange, or secure a property with future appreciation potential, this multi-family opportunity delivers the ideal combination of location, rental demand, and cash-flow performance. Don’t miss your chance to invest in one of Tacoma’s most active and growing rental corridors.

11901 Ainsworth Avenue S, Tacoma

Listing courtesy of Coldwell Banker Bain.

$575,000

2525050 MLS ⋅ ACTIVE Status

Prime multi-family investment opportunity in a high-demand Tacoma rental corridor. This income-producing property at 1205 130th St S offers investors the chance to secure consistent cash flow with strong occupancy potential and future appreciation upside. Featuring well-designed units, practical layouts, and desirable outdoor space, this property is positioned to attract long-term tenants and maximize rental income.Conveniently located near JBLM, major highways, shopping centers, schools, and public transit, the location supports continued tenant demand and stable returns. Ample parking and easy access add to the property’s overall appeal for both tenants and investors alike.Whether you're a seasoned investor looking to expand your portfolio or a buyer seeking a strong-performing asset with value-add potential, this Tacoma multi-family property delivers an excellent combination of cash flow, location, and long-term investment opportunity.

1205 130th Street S, Tacoma

Listing courtesy of Coldwell Banker Bain.

$550,000

2525044 MLS ⋅ ACTIVE Status

Excellent multi-family investment opportunity in South Tacoma offering strong cash flow potential and long-term upside. Situated on a spacious lot, this property features multiple income-producing units with functional layouts, comfortable living spaces, and strong rental appeal. Investors will appreciate the opportunity to generate steady monthly income while benefiting from Tacoma’s continued rental demand and growth.The property offers ample parking, outdoor space, and convenient access to shopping, schools, public transportation, JBLM, and major commuter routes—making it highly attractive to tenants. Whether you’re expanding your portfolio, house hacking, or seeking a value-add opportunity with future upside, this property presents flexibility and income potential in a desirable location.A rare chance to own a versatile multi-family asset with immediate revenue potential and room for future growth.

1206 Tule Lake Road S, Tacoma

Listing courtesy of Coldwell Banker Bain.

$660,000

2524895 MLS ⋅ ACTIVE Status

This duplex that sits on a large lot. A smart buyer could occupy one of the units and rent the other side, or an investor seeking rental income will like that both the exterior and interior of both units are in good condition and rented. The roof replaced in 2022. Each unit is 1309 sq ft, 2 BR/1.5 baths and each has a 1 car garage. The living rooms have a tall ceiling and a FP. Well equipped kitchens with all appliances and adjacent dining area. Each unit has a laundry room. Good value here on this duplex near Canyon Rd and the Summit area.

4605 73rd Street Ct E, Tacoma

Listing courtesy of Integrity Real Estate.

$979,999

2520517 MLS ⋅ ACTIVE Status

Stunning Victorian 4-plex spread over two buildings that were fully rebuilt from the studs out in 2018. These units blend historic character with modern luxury! All units are fully furnished, and the sale includes all furniture, linens, dishware, décor and household essentials—offering a truly turnkey, income-producing highly rated vacation rental property from day one (ratings listed below). Each unit features its own in-unit washer and dryer. Prime Hilltop location with excellent walkability to the Tacoma light rail, convention center, UW Tacoma, and local museums, plus less than a mile from three major hospitals (about a 3-minute drive or 5-minute bike ride), making it highly desirable for traveling professionals and 30+ day furnished rentals. Thoughtfully designed unit mix offers strong income potential across all four units. Unit 1 features a spacious 1 bed/1 bath (900 SF) with open living and dining layout, sleeping 3 and averaging $2,838/mo (4.86/5 Star Rating). Unit 2 is the largest at 3 bed/2 bath (1,335 SF), sleeping 8, highlighted by partial Mt. Rainier views and two private decks, averaging $3,841/mo (4.9/5 Star Rating). DADU lower unit includes 1 bed/1 bath (600 SF), tile flooring in a sleek kitchen, sleeping 2, averaging $2,745/mo (4.85/5 Star Rating). Upper DADU is a cozy 1 bed/0.75 bath (600 SF), also sleeping 2, averaging $2,443/mo (4.84/5 Star Rating). Excellent opportunity for investor or house-hack buyer seeking strong in-place income and flexibility.

1214 S I Street, Tacoma

Listing courtesy of Kelly Right RE of Seattle LLC.

$1,399,900

2518189 MLS ⋅ ACTIVE Status

Don't miss the chance to use this incentive to make this great investment even better! Exceptional investment opportunity with this well-maintained 4-plex offering strong income potential and low owner expenses. Each of the four spacious units features 3 bedrooms and 1.75 bathrooms, designed to live like townhomes with only one shared wall for added privacy and comfort. Property highlights include a brand-new roof installed in 2025, attached one-car garages for every unit, and separate utility metering allowing tenants to cover their own utilities and keeping landlord costs minimal. Ownership is simplified with expenses limited primarily to insurance and property taxes. Ideally located near shopping, dining, schools, and major commuter routes, this property offers convenience tenants will appreciate and investors will value. A rare combination of size, functionality, and efficiency perfect for both seasoned and first-time investors.

4560 S Puget Sound Ave, Tacoma

Listing courtesy of Terrafin.

$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..

$629,000

2512903 MLS ⋅ ACTIVE Status

Positioned in a desirable South Tacoma location within unincorporated Pierce County, this tastefully updated duplex offers a rare blend of immediate cash flow and long-term development upside. Each unit generates approximately $1,700/month in reliable rental income, making this an attractive turnkey investment with strong in-place returns. The property has been thoughtfully upgraded with modern, higher-end finishes that appeal to quality tenants, helping ensure consistent occupancy and rental stability. What truly sets this property apart is its Urban Corridor (UC) zoning designation, opening the door to a wide range of future development possibilities. UC zoning is intended to support higher-density residential and mixed-use projects, allowing for potential redevelopment into multi-family housing, townhomes, or even a mixed-use building with commercial space on the ground level and residential units above (buyer to verify with Pierce County). This creates a compelling opportunity for investors and developers alike to capitalize on the area’s continued growth and demand for housing. Whether you choose to hold and enjoy steady income, or plan for a future redevelopment project, this property offers flexibility, strong fundamentals, and upside potential in a growing corridor. Opportunities like this—combining current performance with forward-looking potential—are increasingly hard to find.

10133 Patterson Street S, Tacoma

Listing courtesy of Triwood Realty.

$950,000

2511533 MLS ⋅ ACTIVE Status

Four-plex! Located in Tacoma’s desirable North End, this property sits in a well established residential area known for its classic architecture, tree lined streets, and close proximity to local parks, schools, and everyday amenities. The neighborhood features a mix of historic and updated homes built between the late 1800s and early 2000s, contributing to its charming and timeless character. Nearby, residents enjoy access to shopping, dining, and recreation throughout the North End community. Unit one on the main floor has two bedrooms, one bath, a large living room and a bright and cheerful eat-in kitchen. Unit one has easy access to the fully-fenced backyard, four yard storage units and alley parking for 2 cars. Unit two is upstairs to the right, a one bedroom, one bath apartment, ready for some minor touchups. Unit three is also upstairs, another one bedroom, one full bath apartment with an open kitchen and living room. The fourth unit is a two story ADU with a separate entrance from the alley, one bedroom, and one bathroom, the kitchen has tons of storage, the in-unit laundry is on the main floor and the lofted bedroom upstairs makes for a cute and flexible unit. The main house basement is semi-finished, with laundry and storage or studio space. Two of the units are rented by long-term tenants who wish to continue their leases.

612 N Oakes Street, Tacoma

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

$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.

$599,950

2512006 MLS ⋅ ACTIVE Status

Discover the perfect blend of elegance & functionality in this traditional hilltop home! Enjoy breathtaking views of Mt. Rainier, the City and Commencement Bay from the comfort of your home. Open concept living room and kitchen with new vinyl plank flooring guiding you up the curved staircase to the primary bedroom & private bath. The daylight basement features new carpet and an optional ADU, ideal for additional income or multi-generational living. Conveniently located near downtown Tacoma and easy access to I-5. This residence is a haven of comfort & convenience.

1109 E 31st Street, Tacoma

Listing courtesy of Realty One Group Pacifica.

$529,500

2508069 MLS ⋅ ACTIVE Status

Quality Duplex with room for expansion! Income producing duplex with recent upgrades and an extra large lot. New roof in March 2026! Unit 10002 features 3 bedrooms, Jack-n-Jill full bath. 1 car garage, sporting all new windows April 2026. Unit 10004; 2 bedrooms, 1 bath, 1 car garage, remodeled in 2022, new carpet, paint, fixtures. Fenced front and back yards. Special shaped parcel (West Side of the lot, approx. 52x114') may allow for a 3rd Unit/Townhouse style or additional garage space, or potential split-off and sell to a neighbor. Located behind fenced yard of unit 10002, overgrown with bushes. There are newer homes to the North and new homes being built on East side. Great upcoming neighborhood. Connected to sewer. Viewing - Preapproval letter or Evidence of Funds prior to showing appointment. 72 hour Business Day notice required thru Property Management. No weekend showings due to property management attendance required. Both units are Tenant occupied. Kindly do not disturb. Buyer to verify all information to their own satisfaction.

10002 10004 Barnes Lane S, Tacoma

Listing courtesy of Windermere Prof Partners.

$439,950

2508925 MLS ⋅ ACTIVE Status

Thoughtfully renovated from top to bottom, this classic duplex has been extensively upgraded, creating a move-in-ready property that feels nearly new throughout. This well-maintained property features two spacious units, each offering 2 bedrooms and 1 full bathroom. Both units provide comfortable living with newer flooring, appliances, and thoughtful improvements throughout. Significant updates include a new sewer line (2023), new roof and gutters (2022). 2017 improvements include new appliances, windows, doors, flooring, kitchen countertops, bathroom fixtures, wall heaters, water heater and electrical panels. This prime duplex is centrally located with quick access to the freeway, commuting is a breeze. This updated property presents an ideal opportunity. Don’t miss out!

3703 S Manitou, Tacoma

Listing courtesy of Better Properties N. Proctor.

$525,000

2504505 MLS ⋅ ACTIVE Status

New price! Great older 4-plex on .4276 acre with potential for more development. Current zoning is Urban Corridor in the Parkland-Spanaway-Midland Communities Plan. 3 units are 2 bedroom and 1 bath, and one unit is 1 bedroom and 1 bath. Large yard with detached 4 car building. Common coin-operated laundry. Easy access to JBLM, Hwy 12, I-5, stores and restaurants.

9906 Croft Street S, Tacoma

Listing courtesy of Van Dorm Realty, Inc.

$799,950

2502194 MLS ⋅ ACTIVE Status

INVESTORS & HOUSE HACKERS - this is perfect for you! Great investment or a primary home that provides income opportunity to offset your mortgage! This 4 plex in South Tacoma checks all opportunity boxes! Each unit is about 850+ SF. There are (2) 2 bed 1 bath units and (2) 1 bed 1 bath units. Upstairs units each have private decks! Updates throughout include some paint, flooring, kitchens, bathrooms, & grounds! Plenty of off street parking off the alley for about 12 cars for tenants & guests! Coin operated on site laundry conveniently for tenants & additional income. There are also 5 large ~10x10 storage units for your tenants & management/owner! Section 8 approved! Minutes away from freeway access, DT Tacoma, bus & train station, shopping, entertainment, food, & more! Don’t miss out on this opportunity!

3572 3574 E F Street, Tacoma

Listing courtesy of Theory Real Estate.

$5,500,000

2495107 MLS ⋅ ACTIVE Status

Grande Terrace is a well-maintained 20-unit multi-family investment consisting of five 4-unit complexes with 2-bed/1-bath floor plans. This property is fully occupied with a stable tenant base and strong cash flow. The property is in excellent condition with recently replaced water tanks and heaters, no outstanding maintenance issues, and minimal owner responsibilities since tenants cover all utilities. This is an ideal turnkey investment for investors seeking passive income and reliable returns in the Tacoma market.

5201 - 5215 S Orchard Street, Tacoma

Listing courtesy of VPMG Property Management.

$528,900

2500041 MLS ⋅ ACTIVE Status

Tacoma Duplex!!! This hard to find duplex offers a ton of opportunities for all buyers!!! Great for generational living, having 2 seperate units! First time buyers, live in one and rent the other for extra monthly income!! Investors duplex has very low vacancy rate and has room to raise the rent, detached garage could be converted into ADU/DADU. Both units have been updated in the last 3 years including flooring, paint in/out, appliances, gutters, roofing, baths, cabinets, and much more!!!! Individually fenced yards are great for pets! This duplex sits on a large corner lot having plenty of parking on site or off street. Located close to shopping and commuting making this duplex that much more enjoyable for owners and tenants!!! DON'T MISS THIS ONE!!!!

3303 S 64th Street, Tacoma

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

$650,000

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.

$725,000

2496839 MLS ⋅ ACTIVE Status

This beautifully updated fourplex is ready for its new owner! Building has been 100% occupied. Location is great for commuters and/or JBLM. Tenants have been long term. Each unit is 2 bedroom 1 bath. Off street parking.

3321 S Asotin Street, Tacoma

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

$500,000

2496836 MLS ⋅ ACTIVE Status

Two units in one! Main house is 4 bedrooms/ 2 baths at 1816 square feet. Second building behind house is 3 bedroom/1 bath at 1100 square feet. Both buildings currently are rented, but would be a great property to live in one and rent the second one! Well maintained and recently updated. Location is great for the commuter and/or JBLM. Buildings have had 100% occupancy.

3812 S Thompson Avenue, Tacoma

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

$400,000

2496835 MLS ⋅ ACTIVE Status

Lovely duplex in the heart of the Lincoln district. Each unit has its own garage with w/d. Units metered separately. Units were recently updated. Building has had 100% occupancy. Location is great for a commuter and/or JBLM. Walkable to shopping and restaurants. One level living. Both units are 2 bedrooms 1 bath. Currently has long term tenants.

1561 S 35th Street, Tacoma

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

$950,000

2497615 MLS ⋅ ACTIVE Status

Outrageous cash-flow opportunity in a prime Hilltop location near the light rail and hospitals! This fully furnished 4-plex offers 2,360 square feet of living space, delivering exceptional income potential. The property features two 2-bedroom units and two 1-bedroom units, all recently updated for modern appeal. The 1-bedroom units each feature en-suite layouts, and one unit even enjoys a rare peekaboo view of Mount Rainier. Major capital improvements have already been completed in the last few years, including roof, sewer, partial plumbing and electrical, and heaters. Additional features include shared washer/dryer, ample basement storage, and strong upside potential. With below-market rents, there is clear room for increased income. The flexible setup creates endless possibilities: continue as furnished rentals, explore short-term rental potential where permitted, and/or owner-occupy while generating strong rental income. Conveniently located with easy access to downtown, major commute routes, and light rail. Add this high-performing income property to your portfolio today.

901 S Grant Avenue, Tacoma

Listing courtesy of Keller Williams Rlty Bellevue.

$779,000

2494752 MLS ⋅ ACTIVE Status

Charming Titlow duplex with detached 3-car garage just blocks to the beauty of Titlow Beach and park. Each 1 bed / 1 bath unit has been refreshed with new interior paint, durable LVP flooring and thoughtful updates to create move-in ready living spaces. New exterior paint for fresh curb appeal and each unit offers its own sewer line and separate gas, and electric meters for efficiency. Great opportunity for income and flexibility- live in one unit while renting the other or lease both for steady returns, with added potential to generate extra income by renting out the spacious 3 car garage for storage or parking. Don’t miss your chance to own this versatile and well-located property!

1536 -1538 S Walters Road, Tacoma

Listing courtesy of Keller Williams Rty Tacoma.

$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.

$479,999

2490633 MLS ⋅ ACTIVE Status

EXCELLENT OPPORTUNITY to Own This Fully Updated Tacoma Duplex, in the Heart of Tacoma’s Vibrant Hilltop Neighborhood. Ideal for House Hacking or Expanding Your Rental Portfolio. Two Fully Independent Units with Private and Separate Entrances, Fully Equipped Kitchens, ALL Appliances, Washers and Dryers, and Comfortable Living Quarters. Unit B on the Main Level Has High Ceilings, Two Bedrooms and Large Open Kitchen. Upper-Level Unit A Has One Bedroom and Galley Kitchen. Updates Include Newer Roof, Electrical, and Plumbing, plus Ductless Mini-Split System in Unit B Providing Heating and Cooling. Enjoy Care-Free Backyard, Parking Spaces for Four Cars to Park with Alley Access, Two Cars Tandem for Each Unit. This Duplex Offers Versatility with Ease of Maintenance; it's All Been Done and Ready to Cash Flow! Close to Everything – DT Tacoma, UW Tacoma, Tacoma Dome, Hospitals, I-5, and More. Outstanding Value in a Growing Neighborhood. Don’t Miss This One for Your Portfolio!

2529 S G Street, Tacoma

Listing courtesy of Real Broker LLC.

$425,000

2490652 MLS ⋅ ACTIVE Status

Investment alert! Great opportunity to add to your investment portfolio. This duplex is tenant occupied with two spacious 2 bed 1 bath units. Resting on a larger lot, this property is centrally located to schools, shopping, and freeway access, all minutes away.

6604 S Madison Street, Tacoma

Listing courtesy of John L. Scott, Inc..

$1,499,999

2468619 MLS ⋅ ACTIVE Status

Value-add mixed-use multifamily opportunity along the Pacific Avenue corridor, suited for an investor focused on lease-up, income stabilization, and operational improvement. The property includes 10 residential units with street frontage featuring a minimart and convenience store component. The residential units offer upside through leasing activity, while the commercial frontage provides additional income potential along a high-traffic corridor. The property provides ample on-site parking and is conveniently located near major arterials and daily services. Well suited for an investor seeking steady income with incremental upside and long-term mixed-use flexibility.

9618 Pacific Avenue, Tacoma

Listing courtesy of Engel & Voelkers Seattle DT.

$2,999,999

2468356 MLS ⋅ ACTIVE Status

Value-add multifamily opportunity on a 0.809-acre parcel along the Pacific Avenue corridor, well suited for an investor focused on renovation completion, lease-up, and long-term income growth. The property consists of three buildings totaling 21 units. The front buildings include 12 one-bedroom units, seven of which have been recently remodeled, with additional units in various stages of renovation. All three buildings have been repainted recently. New roofs have also been installed on the two single-story buildings on the property. The third building is a three-story structure built in 1989 with nine spacious two-bedroom units. The property offers on-site laundry and ample parking and is conveniently located near retail, dining, transit, and daily services.

7603 Pacific Avenue, Tacoma

Listing courtesy of Engel & Voelkers Seattle DT.

$21,500,000

2468328 MLS ⋅ ACTIVE Status

Joint Venture Development Opportunity. Mount Bay Apartments is a permit-ready, fully bid, and shovel-ready 307-unit workforce housing development in the heart of Tacoma’s Transportation District. One block from Tacoma Link Light Rail, Sounder, Amtrak, and Greyhound, the project delivers unmatched regional connectivity to downtown Tacoma, Seattle, and Portland—driving strong demand, high occupancy, and long-term value. Designed for working professionals and essential workforce residents, the community features two landscaped courtyards, convenience retail, below-grade parking, a welcoming lobby, fitness center, shared workspace, and a seventh-floor indoor/outdoor sky lounge. The project is fully aligned with Tacoma’s urban revitalization vision while addressing a critical housing need. Mount Bay Apartments offers a compelling, defensive multifamily investment with predictable cash flow, downside protection, and meaningful upside. Workforce housing has consistently outperformed luxury assets across market cycles, delivering stable occupancy even in economic downturns. An eight-year property tax abatement enhances early-year cash flow and improves overall returns, while long-term appreciation is supported by sustained infrastructure investment and neighborhood transformation. This is an exceptional opportunity to partner in a transit-oriented, tax-advantaged asset positioned to generate reliable income and lasting value in one of Tacoma’s fastest-growing urban corridors.

301 E 26th, Tacoma

Listing courtesy of Crestview Realty Advisors.

$1,330,000

2467083 MLS ⋅ ACTIVE Status

Investor Alert! Rare opportunity to acquire two one-story triplexes totaling 6 units in a highly convenient Tacoma location. These income-producing, hard-to-find assets feature three 2-bedroom / 1.5-bath units per building, each with washer/dryer hookups.Recent improvements include new roof and gutters, fresh exterior paint, and interior updates throughout. Each unit is equipped with carport parking and dedicated storage. Ideally located minutes to I-5 and SR-512, transit, schools, golf course, and Tacoma Mall. Buildings may be sold separately, offering flexibility for owner-occupants to live in one unit and rent the others, or for investors seeking stable cash flow.

6905 6909 S Madison, Tacoma

Listing courtesy of Lee & Associates Commercial RE.

$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.

$1,300,000

2467071 MLS ⋅ ACTIVE Status

Are you looking for your next multi family investment? Maybe 1031 exchange? Look no further! This 10 unit apartment complex in Hilltop is an incredible opportunity and perfect for your portfolio! Very conforming 2 story complex with 5 units down, 5 units up, a laundry room, and storage room! Each unit is a 1 bed 1 bath and all separately metered! Various updates have been done throughout the interiors and exterior of the property! This is a prime location conveniently located on the Tacoma Link Light Rail, nearby UW Tacoma, Stadium District, Hospitals, restaurants, shops, entertainment, and more! Fully gated property for security and a dog run out back! This has everything you need for your next investment! Hurry before it's gone!

1405 Martin Luther King Jr Way, Tacoma

Listing courtesy of Theory Real Estate.

$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.

$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.

$1,750,000

2409301 MLS ⋅ ACTIVE Status

Price Improvement 100k! The Alana Apartments present a rare opportunity to acquire a fully renovated 9-unit multifamily property in Tacoma. This turnkey asset features modern interiors with vinyl plank flooring, quartz countertops, new cabinetry, and upgraded fixtures, including brand-new water heaters. Exterior upgrades include fresh paint, updated railings and decking, brand-new exterior doors, a new main electrical panel, and ample off-street parking. The property offers on-site laundry and dedicated storage for each unit. With all major updates complete, the Alana Apartments deliver low-maintenance operations and strong market performance—ideal for investors seeking a stabilized asset for long-term efficiency and reliable income.

301 S 82nd Street, Tacoma

Listing courtesy of Windermere R E Mount Baker.

$1,100,000

2347502 MLS ⋅ ACTIVE Status

Brick 4-plex on one level. Great investment property, in a high density area. Very desirable , attractive multi-unit residential. One building with 4 addresses. All the units have real hardwood floors underneath the current manufactured wood.

11108 Sheridan Avenue S, Tacoma

Listing courtesy of Better Properties N. Proctor.

$1,285,000

2324610 MLS ⋅ ACTIVE Status

Great 2 story 10-plex in Tacoma with 9, 1 BD/ 1 BA units and one large studio. 100% occupied with long-term tenants at below-market rents. Centrally located and walking distance to shops and grocery stories. Exterior security lighting, 5 parking spots rented for extra income, and coin-op washer and dryer in dedicated laundry room. One of the best priced buildings in Tacoma!

5601 S Thompson Avenue, Tacoma

Listing courtesy of KW Greater Seattle.

$1,775,000

2321667 MLS ⋅ ACTIVE Status

Gorgeous 1-level brick garden-style 10 plex. All units have front and back doors and open onto the courtyard. All units have been fully renovated with new white kitchen cabinets, quartz counters, undermount sinks, microwaves and stainless appliances. Updated bathrooms with tile surrounds. All units updated with their own electric meter and wall heat. Original hardwood floors through-out most of the units. Newer roof and hot water boiler. On-site coin-op laundry room and storage units for each unit. 6 garage units that are fully rented.

5404 S M Street, Tacoma

Listing courtesy of KW Greater Seattle.

Tacoma Multi-Family Properties for Sale

Newest Tacoma Multi-Family Homes for Sale

Alex Foraker

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