Tacoma WA 53 - Tri-plex Style Homes for Sale

Rare opportunity in Tacoma’s vibrant Lincoln District! Recently refreshed - remodeled triplex featuring three private residences with separate entrances, a strong 25+ year rental history, detached garage - and storage. Ideal for investors, multigenerational living, or owner-occupants—live in one unit while generating income from the others. Conveniently located near shopping, schools, dining, transit, and major freeway access. A hard-to-find multifamily vacant property in good condition, offering immediate income potential and long-term flexibility. Multiple possibilities and a great investment opportunity—don’t miss it!

758 S 39th Street, Tacoma

Listing courtesy of Skyline Properties, Inc..

$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.

$539,950

2550584 MLS ⋅ PENDING INSPECTION Status

Nice triplex in Villa Park. Hard to find a triplex at this price!! Corner lot. Each unit consists of 2 bedrooms, 1 bath with separately fenced yards. All units are occupied with plenty of parking spaces. Newer paint, newer roof and in good condition. One of the units was recently remodeled. Walking distance to the new Gray Middle School and the Star Center. It sits in a nice area with some newer homes and condos. Tenants are all on Month to Month. Rents are low. Close to I-5, Hwy 512, shopping, restaurants and Ft. Lewis/McChord AFB.

3906 S 66th Street, Tacoma

Listing courtesy of Dove Realty, Inc..

$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.

$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.

$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.

$425,000

2466595 MLS ⋅ SOLD Status

One of a kind triplex opportunity in Parkland! Single family home and Duplex on one lot. First time on the market in DECADES! 2 vacant units, please do not disturb tenant in 218 unit. Oversize lot with ADU possiblity! Underlying lots could possibly be segregated, buyer to verify. 2 units are more recently updated, newer roof on both structures and exterior paint on 224 unit. Duplex units are 2 bed one bath units with one car garage and a shared laundry room. House is one bed 3/4 bath unit with one car garage. Fenced backyards. Property sold in as-is condition only. Make this property shine again!

224 116th Street S, Tacoma

Listing courtesy of Suburban Realty, Inc.. Selling Office: eXp Realty.

$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.

$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.

$1,125,000

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.

$395,000

2424771 MLS ⋅ SOLD Status

Huge price discount! Bring your best offers! Welcome to 411 120th St S in Tacoma – a triplex offering 6 bedrooms, 3 bathrooms, and 2,174 sq ft of living space with a sizable 7500 sq ft lot. Ideal for investors or multi-generational living. Each unit features functional layouts, access to the fenced backyard with mature landscaping which is perfect for gatherings, pets, or a garden. Located close to PLU with easy access to I-5, shopping, and dining. Live in one unit and rent the other two, or grow your rental portfolio. Recent upgrades include exterior paint and a new roof, and a chance to realize your vision. Do not miss out on this opportunity.

411 120th Street S, Tacoma

Listing courtesy of Best Choice Network LLC. Selling Office: eXp Realty.

$480,000

2419403 MLS ⋅ SOLD Status

ASSUMABLE FHA LOAN at 2.75% RATE! Cash-flowing triplex just a block from PLU. Ideal for investors seeking stability and upside. Unit 1 features a newly remodeled bathroom. Unit 3 (top floor) offers 2 beds, 1.75 bath, fresh tile flooring, and territorial balcony. All appliances across units are under 2 years old. Located on a spacious, grassy 10,000 sq ft corner lot with beautiful black walnut trees, ample parking, shared laundry, storage, and a short walk away from PLU college campus. Turnkey asset with proven rental history and reliable property manager already in place.

521 128th Street S, Tacoma

Listing courtesy of eXp Realty. Selling Office: eXp Realty.

$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.

$350,000

2402621 MLS ⋅ SOLD Status

Rare Investment Income Property. Triplex 1 bed/1 bath 2 unit. 1 bath Studio 2 Building. Composition roof installed. Very convenience location Major hwy, shopping, restaurant. Large backyard. Great investor opportunity! Plumb/wiring/cabinets/siding all remodeled in 1980. and more remodeled monthly $3,800 income / Landlord pay Water & sewer Next parcel on sale MLS#: 2402614

10615 15th Avenue Ct S, Tacoma

Listing courtesy of Best Choice Realty LLC. Selling Office: Skyline Properties, Inc..

$710,000

2386811 MLS ⋅ SOLD Status

4312 4316 S Alder Street, Tacoma

Listing courtesy of Windermere Prof Partners. Selling Office: NWMLS-NonOffice.

$510,000

2369207 MLS ⋅ SOLD Status

Investment Opportunity! Cash-flowing triplex on a spacious corner lot with strong rental appeal. Two units recently remodeled with new quartz countertops, shaker cabinets, luxury vinyl plank flooring, carpet, paint, dishwashers, and more. Each unit includes extra storage plus access to laundry room with 2 washers & dryers. Features a newer roof, five dedicated parking spots, and ample street parking. Live in one unit and rent out the others, or enjoy multi-generational living options. Upstairs unit is 2 bedrooms + office/den or 3rd bedroom. Conveniently located near I-5, Tacoma Mall, shopping, dining, and parks. Don’t miss this turnkey income-generating property to add to your investment portfolio!

6401 S Pine Street, Tacoma

Listing courtesy of COMPASS. Selling Office: John L. Scott, Inc..

$650,000

2366438 MLS ⋅ SOLD Status

Incredible opportunities abound for this 3-unit property located in a fantastic neighborhood within North Tacoma! All units to be vacant at closing. Perfect for multigenerational living or house-hackers. Investors could operate as long-term rentals or convert to furnished STR/MTR units. Large 1-bed unit on the main level includes a spacious kitchen, plenty of cabinets/storage, wood fireplace & full w/d. Units 2 & 3 have separate exterior access. Modern updates to flooring throughout + new cabinets & counters in units 2 & 3. All 3 units include full baths. Off-street parking for three with EV charging for one. Only minutes from all of the hip activity on 6th Ave, Univ of Puget Sound, Stadium District & everything Tacoma has to offer.

2609 N 8th Street, Tacoma

Listing courtesy of Multifamily Properties. Selling Office: Keller Williams Rty Tacoma.

$695,000

2354862 MLS ⋅ SOLD Status

Don’t miss out on a rare opportunity to walk into CASH FLOW FROM DAY 1!!! This well-maintained triplex has a great unit mix with loads of opportunity for a savvy investor! Upstairs unit is a 5 bed/2.25 bath home with open concept floorplan. Downstairs offers a large, fully remodeled 1 bed/1 bath unit w/ bonus room (could be converted to legal 2nd bedroom w/ addition of window in bonus room) & a large studio unit. Vinyl siding, double pane windows, and tastefully updated interiors make this a low maintenance, high upside opportunity! Quick access to the Tacoma Mall, I-5 and Joint Base Lewis-McChord. Priced to sell!

3103 S 54th Street, Tacoma

Listing courtesy of Skyline Properties, Inc.. Selling Office: eXp Realty.

$287,500

2355882 MLS ⋅ SOLD Status

3833 S G Street, Tacoma

Listing courtesy of Hawkins Poe. Selling Office: NWMLS-NonOffice.

$650,000

2339341 MLS ⋅ SOLD Status

Seize an exceptional investment opportunity with this fully occupied triplex, currently operating as transitional housing and generating an impressive $43,661 in annual NOI. Situated on a large corner lot, the property features three standalone units: a 3-bed/1-bath unit (1,150 SF), a 2-bed/1-bath unit (660 SF), and a 1-bed/1-bath unit (550 SF). The spacious lot provides generous outdoor space, ideal for tenant gatherings, recreational use, or potential future development with an appealing NMSF zoning. With stable occupancy and mission-aligned operations in place, this is a rare chance to acquire a high-performing, socially impactful asset offering reliable income and long-term potential.

602 S 108th Street, Tacoma

Listing courtesy of COMPASS. Selling Office: COMPASS.

$450,000

2340256 MLS ⋅ SOLD Status

Invest in this prime North Tacoma triplex on a 4,875 sqft corner lot with 2,682 sqft of living space including a studio, a 1-bedroom unit, & a 2-bedroom unit. It also features a new roof in 2024, single-car garage, off-street parking spot, coin-op laundry, unfinished basement for extra storage, plus a spacious attic with potential for conversion. The Victorian-style surrounded by well-manicured landscaping boosts curb appeal. This property offers great potential for investors or owner-occupiers to add value through renovations or convert it back to a 5-bed SFH. Located close to transit, dining, schools, & parks, it is sure to deliver strong rental income & healthy appreciation. Home next door also for sale. Don’t miss this rare opportunity!

302 N J Street, Tacoma

Listing courtesy of Everstar Realty. Selling Office: Heaton Dainard, LLC.

$660,000

2333390 MLS ⋅ SOLD Status

Well-maintained Tudor-style triplex that offers a exceptional combination of old world charm and modern updates. Conveniently located in the heart of Tacoma’s sought-after Lincoln International District within walking distance to shops, groceries, restaurants and more! Desirable unit mix with one 3-bed/2-bath unit and two 1-bed/1-bath units. All three units offer updated interiors, newer windows and roof. Unit C is rented at below market rate leaving significant upside potential! Seller in process of filling Units A/B - one will be left vacant in case new buyer wants to owner-occupy! Off-street parking, shared onsite laundry and a fully fenced backyard make this a great opportunity for investors and home buyers alike!

3734 S M Street, Tacoma

Listing courtesy of Skyline Properties, Inc.. Selling Office: Champions Real Estate.

$902,000

2318029 MLS ⋅ SOLD Status

Charming North Tacoma tri-plex perfectly situated near UPS, w/ trendy shops, popular restaurants, & the Ruston Way waterfront just minutes away. This property offers incredible investment potential w/a newer roof recently installed. The top unit is a spacious loft featuring new carpet, fresh paint, & updated countertops, ready for immediate occupancy. The main floor unit boasts two bedrooms & one bathroom, highlighted by beautiful hardwood floors, high ceilings, & a classic clawfoot tub that adds character and charm. The lower unit is a cozy loft with a 3/4 bath, providing additional rental income or guest space. This is a rare opportunity to own a versatile and well-located property in one of Tacoma’s most sought-after neighborhoods.

1706 N Cedar Street, Tacoma

Listing courtesy of Berkshire Hathaway HS NW. Selling Office: Best Choice Realty LLC.

$1,099,000

2303697 MLS ⋅ SOLD Status

Excellent investment triplex well maintained single-story property on 9,750 SQ. FT lot located bear freeway. The property currently has reliable, long-term tenants. One unit has two rooms with a den, nicely updated two full baths and attached two car garages. Other two units have 2 rooms with 1 full bath, and each includes a garage. If the new owner is Interested in staying in the building, then the other two units may be leased out and will provide rental income. Fully fenced-in, private backyard offers great space for outdoor entertaining. The property outside the wall finished with fresh paint. Near parks, restaurants, shopping and school. Tenants are responsible for all utilities. Property sold as is.

4348 S Lawrence Street, Tacoma

Listing courtesy of Best Choice Realty LLC. Selling Office: Bentley Properties.

$325,000

2300375 MLS ⋅ SOLD Status

Investor’s Dream in New Tacoma! This three-level triplex is ideally located near UW Tacoma, restaurants, and mass transit, making it a prime opportunity for investors. The area boasts strong rental demand, and this property is ready for your rehabilitative touch to unlock its full potential. Recent updates include a new roof, vents, and skylights. Don’t miss the neighboring duplex, MLS 2300377 —purchase both to add multiple quality units to your portfolio. This is your chance to invest in a growing, desirable location!

611 Martin Luther King Jr Way, Tacoma

Listing courtesy of Better Properties UP/Fircrest. Selling Office: eXp Realty.

$671,000

2295976 MLS ⋅ SOLD Status

Solid Triplex located in the highly desirable North Slope neighborhood. House in the front, duplex in the back. House is 650 SF, 1 bed / 1 bath with basement; Duplex units are both 750 SF, 2 bed / 1 bath; all have individual washer/dryers. Roofs have been recently replaced; interiors have been updated. This turn-key property is an excellent investment opportunity @7% Market Cap Rate, or perfect for owner-occupant/ house hack. House tenant is month-to-month, duplex units leased through March 2025. Great location; close to everything.

516 N K Street Unit #A-C, Tacoma

Listing courtesy of Keller Williams Seattle Metro. Selling Office: Windermere Real Estate Co..

$660,000

2288487 MLS ⋅ SOLD Status

INCREDIBLE PRICE! Income generating Triplex! With a cap rate of 7.6% you'll enjoy the great cash flow generated by these 3 units. Unit A consists of 3 BD, 1 BA, and Unit B&C each consist of 2 BD, 1 BA. All units are complete with kitchen and laundry. Convenient, central Tacoma location close to 6th Ave Light Rail Station, hospitals, shopping, schools, dining and recreation. Being sold AS-IS. Don't miss this opportunity to secure a solid income generating asset!

705 Martin Luther King Jr. Way, Tacoma

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

$617,500

2278169 MLS ⋅ SOLD Status

Great opportunity on a quiet, well maintained (NEW ROOF in 2024!) professionally managed triplex at the end of a culdesac in convenient SE Tacoma. Long term tenants (8 yr and 20 yr) on month-to-month. Unit A is freshly updated with all new kitchen, paint, flooring and has a wood burning fp. All units are 2/1 with large living rooms, generous bedrooms with full closets and a deck off the back. Kitchens have ample storage and all appliances stay. Each unit has its own laundry. 2 parking spaces in front of each unit and guest parking in the culdesac. Back of property includes a large fenced yard and its adjacent to public land. Convenient to I-5, Hwy 16 spur, and Pac Ave. See walk thru tour of vacant Unit A in photos.

220 E 36th Street, Tacoma

Listing courtesy of John L. Scott, Inc. Selling Office: Coldwell Banker Danforth.

$549,500

2271660 MLS ⋅ SOLD Status

HOT property in amazing location-This great income producing craftsman triplex is conveniently located in central Tacoma just a short walk to the vibrant 6th avenue district with shopping, coffee shops, schools, restaurants, live music, grocery, and services. This property features a studio apartment, a one-bedroom apartment, and a two-bedroom apartment. All units have hardwood floors, full bath, big kitchens, closets, and lower units have front & back entrances. Covered front porch and covered upper porch. Coin operated laundry in basement for additional income. Water, sewer, garbage, and hot water included in rent. Tenants pay for their own electricity. This amazing investment property won't last long at this price. Great 7.2% cap rate!

646 S Prospect, Tacoma

Listing courtesy of Skyline Properties, Inc.. Selling Office: Better Properties Gig Harbor.

$913,500

2258631 MLS ⋅ SOLD Status

Turn-key Tri-plex situated in the Historic Stadium District! This 3 unit building has glorious views over Port of Tacoma & Commencement Bay. Main level w/dining rm, living rm w/fireplace, primary w/dual closets, 2nd bdrm, full bath & hardwood flooring. Upper level w/spacious living rm, dining space, full bath & bdrm w/sunroom offering more of the great views. Basement unit w/living rm, bdrm, full bath & spacious kitchen w/updated cabinetry. Stucco walls, original esthetics, shared laundry & a 5-car garage. New owner will benefit from the multitude of options in increasing income based off their operational strategy. Walkable to theatres, restaurants and just up Broadway from McMenamins, close to transit, hospitals, and easy to freeway.

310 N Tacoma Avenue, Tacoma

Listing courtesy of John L. Scott, Inc. Selling Office: Better Properties Gig Harbor.

$360,000

2242446 MLS ⋅ SOLD Status

Investment Opportunity with Endless Potential – Bring Your Tool Belt and Imagination. Transform this property into a profitable income source! Perfect for living in one unit and renting out the other. EC Zoning: Allows for various uses and opportunities. Building A and C are viewable Building B: Fire-damaged and currently unusable. Choose to repair or tear down. Includes 2 large storage containers equipped with power. oversized 1-car garage/shop for additional storage or workspace. Take advantage of this chance to customize and capitalize on a property with immense potential! Close to Canyon Road

17923 52nd Avenue E Unit #A-B-C, Tacoma

Listing courtesy of Gateway Real Estate. Selling Office: ZNonMember-Office-MLS.

$640,000

2240894 MLS ⋅ SOLD Status

Investor Alert! Currently operating as a Duplex with two rental units plus a 3rd unit partially finished. Finish the 3rd unit to potentially add equity & increase the rental income by 30+%! Architectural plans for conversion/finishing 3rd unit previously approved for permits are included in the sale. Buyer to verify all information & requirements to complete. The middle and top units were remodeled in 2017. Top unit leased until June 2025 at $1645+$100/mo for landscaping. Middle unit prev leased at $1600/mo. Tenants pay utilities. Clean, well-managed & maintained with full rental turns. High walk score & close to everything – DT Tacoma, UW Tacoma, Universities, Hospitals, I-5, and more. Don’t miss this one for your portfolio!

1623 S Yakima Avenue, Tacoma

Listing courtesy of Heaton Dainard, LLC. Selling Office: Keller Williams Realty PS.

$900,000

2227730 MLS ⋅ SOLD Status

Turn-Key 3 unit currently used as short/mid-term rental, all units remodeled and furnished top to bottom to provide the best possible guest experience. Main and Upper units 3 bed / 1 bath, Lower unit 3 bed / 2 bath with attached primary bath, all units have separate laundry, high end kitchens and bathrooms, plus extra design features unique to each unit. All units rented with 1-6 month leases to traveling professionals. Newer electrical, plumbing, insulation, roof, windows, ductless mini-splits provide heat and AC to Main and Upper units. Brand new quartz counters, solid soft close cabinets, LVP flooring, vanities, custom light fixtures, no maintenance issues for a long time, 3 brand new electric meters, 4 off street parking spots!

5436 S K Street, Tacoma

Listing courtesy of Realty One Group Turn Key. Selling Office: Theory Real Estate.

$975,000

2211031 MLS ⋅ SOLD Status

Turn-Key 3 unit currently used as short-term rental, each unit has been remodeled and furnished top to bottom to provide the best possible guest experience. All units are 3 bed / 1 bath, with in unit laundry, high end kitchens and bathrooms, and extra design features unique to each unit. Over 100 total 5-star reviews, in the last 30 days over 80% occupancy, average of $2,602 income per unit not including cleaning fees, building is professionally managed and can easily be transferred to a new owner without any interruptions. All new electrical, plumbing, insulation, roof, windows, quartz counters, solid soft close cabinets, etc, no maintenance issues for a long time, corner lot for plenty of available parking.

723 S Sheridan Avenue, Tacoma

Listing courtesy of Realty One Group Turn Key. Selling Office: Windermere RE West Sound Inc..

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