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$2,500,000
2556524 MLS ⋅ ACTIVE Status
Orchard St Duplexes is a collection of four duplex buildings totaling eight residential units on just over an acre in a quiet Tacoma neighborhood near University Place. Each unit offers a spacious three-bedroom, two-bathroom layout of approximately 1,280 square feet across two stories, with in-unit washer and dryer, double-pane vinyl windows, and a private garage. Wood-frame construction built in the early 1990s. Convenient access to I-5, Highway 16, and Tacoma Mall Boulevard.

4846 S 48th Street, Tacoma

Listing courtesy of Paragon Real Estate Advisors.

$2,000,000
2553708 MLS ⋅ ACTIVE Status
SELLER FINANCING AVAILABLE. The Villa Apartments is a well-located 10-unit apartment building situated in one of Tacoma's most coveted and historically stable submarkets — North Tacoma. Offered to the market for the first time in over 25 years, this is a rare opportunity to acquire a long-held, carefully maintained asset in a neighborhood that consistently commands strong tenant demand and above-average rent growth. The property presents a compelling value-add investment profile, with dated interiors that reflect the building's long-term ownership and offer a clear path to modernization. A strategic renovation program targeting updated finishes, fixtures and exteriors would allow a new owner to drive meaningful rental growth and unlock significant upside in stabilized value. Adding to the opportunity, the seller is offering attractive financing terms, providing qualified buyers with a distinct advantage in today's elevated interest rate environment. North Tacoma's appeal is well established - tree-lined streets, walkable neighborhoods, proximity to the University of Puget Sound, Tacoma's best retail and dining corridors, and consistently low vacancy make it one of the most sought-after multifamily locations in the South Sound.

1115 N 12th Street, Tacoma

Listing courtesy of Kidder Mathews.

$2,700,000
2547226 MLS ⋅ ACTIVE Status
Great Investment For Someone Looking to Build Their Portfolio! These 4 Duplexes Have Huge Yards, 3 Bedrooms on each side and 1.75 Baths Each Side. Each Have a 1 Car Garage and Come With Washer & Dryer and All Appliances Stay. Most Kitchens Have Quartz, White & Dark Cabinets and Stainless Appliances. All But One Has Been Re-done and Are in Great Shape. Seller put aprox $100,000 in each duplex. Large Lot's Fully Fenced With Patios. All Rented and Room to Go Up If You Like!!! Wonderful Area, Close to Schools, Shopping and Restaurants. Paved Street, Playground and Close to JBLM. Make Sure To Check These Out! Ask Your Realtor to See The Supplement Sheet With All Information on it!

17624 17622 30th Avenue Ct E, Tacoma

Listing courtesy of John L. Scott, Inc.

$2,800,000
2538763 MLS ⋅ ACTIVE Status
Built in 1959 and representing the quintessential Tacoma brick construction, Viewcrest Terrace Apartments is a meticulously maintained asset that has stood the test of time - both in physical condition and locational relevance. The property sits on the corner of Tacoma's prominent 6th Avenue corridor and S Jackson Avenue, offering residents sweeping views of Puget Sound and the Narrows Bridge from one of the most coveted residential locations in the city. Despite its premier positioning, the property presents a compelling light value-add opportunity with approximately $4,000 per month in unrealized rental upside between current in-place rents and market rates. A targeted interior modernization program focused on updated finishes, fixtures, and unit upgrades provides a clear and executable path to capturing meaningful rent premiums — without the need for significant structural or exterior capital investment. The building's exceptional physical condition allows a new owner to focus exclusively on value creation rather than deferred maintenance

601 S Jackson Avenue, Tacoma

Listing courtesy of Kidder Mathews.

$2,499,999
4 Beds ⋅ 3 Baths ⋅ 2533726 MLS ⋅ ACTIVE Status
UNPARALLELED WATERFRONT LIVING Rarely available and unlike anything else on Salmon Beach, this extraordinary waterfront retreat offers 4,308 SF of living space plus workshop and attic on 2.5 lots, w/parking above for 2 vehicles. Custom-built as a legacy home, the skilled craftsman selected materials and maritime-inspired details to celebrate the PNW waterfront lifestyle. This remarkable residence features (3) levels of living, (5) decks, a crow's nest balcony, soaring ceilings, and over 2,000 SF of outdoor living space. Arrive via the iconic Salmon Beach staircase, scenic hillside trail, or by boat using the lift off your deck. Enjoy a true “Blue Zone” lifestyle centered on community and the outdoors. Pt. Defiance trails are just steps from the parking area, while Pt. Ruston's dining and shops are down the street. Fish from your deck, paddleboard beneath the Narrows Bridge or across to Gig Harbor, and embrace a lifestyle unlike any other. Puget Sound and Narrows Bridge views from most rooms. At low tide, enjoy your own beach; at high tide, water flows beneath the home. Designed for entertaining, the chef's kitchen flows seamlessly into the dining room, bar, and great room. Sliding doors open to the expansive waterfront deck for indoor-outdoor living. (4) oversized bedrooms, theater room, and a stunning primary suite with a custom built-in bed, panoramic bridge-to-harbor views, and spa-inspired bath complete this one-of-a-kind waterfront lifestyle property.

26 N Salmon Beach, Tacoma

Listing courtesy of Skyline Properties, Inc..

$2,995,000
2530493 MLS ⋅ ACTIVE Status
Historic Blackwell Mansion in the heart of Tacoma! Rare 8,742 SF landmark property with breathtaking views of the Port of Tacoma, Commencement Bay & Mt. Rainier. Currently 99% leased with executive office suites, reception area, kitchenettes, shared conference rooms, elegant common areas, and top-floor penthouse apartment thaty was operated as an Airbnb. Prime remaining library suite offers an owner-user opportunity with incredible views. Rich historic craftsmanship throughout including grand staircase, radius leaded & stained-glass windows, white oak, mahogany & fir woodwork. Updated with high-speed internet, mini-split A/C & heat, electronic locks, security cameras & alarm. Steps from Stadium District, Light Rail & Downtown Tacoma. Buyer to verify zoning, permitted uses, and future multifamily/adaptive reuse potential.

401 Broadway, Tacoma

Listing courtesy of Keller Williams Downtown Sea.

$2,495,000
2525374 MLS ⋅ ACTIVE Status
PRIME MULTI-FAMILY WORKFORCE DEVELOPMENT SITE. 12 YEAR exemption from the statewide rental cap. Outside the Tacoma Landlord Fairness Code area. 98 units ready for permitting. Zero market rate units under construction in this market. Development opportunity in Tacoma's South End comprising two parcels totaling 173,922 SF (±3.99 acres) with approximately 126,023 SF (±2.89 acres) of net developable area. The eastern portion along the Clover Creek corridor is preserved as a natural tree conservation buffer. Zoned NCOR , the site supports multi-family residential construction up to 45 feet in height. A 25% parking reduction has been secured through Transit-Proximity and Affordable Housing incentives, bringing the requirement down from 147 to 111 stalls and meaningfully improving project economics. The approved plan accommodates two multi-story buildings of up to four floors, served by a single driveway access off A Street, surface parking throughout, and an on-site stormwater infiltration system. Building B includes a ground-floor leasing office, mail room, and elevator; Building A includes an elevator niche in the south wing. All major utilities are accessible at the site via Parkland Light & Water (water and power), Pierce County (sewer), Puget Sound Energy (gas), and CenturyLink/Comcast (telecom and cable). The site falls within the Franklin Pierce School District #402 and is served by Central Pierce Fire & Rescue. buyer to verify all information to their satisfaction.

13617 A Street S, Tacoma

Listing courtesy of Parkside Realty, LLC.

$2,499,950
4 Beds ⋅ 6 Baths ⋅ 2516690 MLS ⋅ ACTIVE Status
Sophisticated waterfront residence showcasing expansive floor-to-ceiling windows that frame sweeping water views. The open-concept living area features soaring ceilings, a linear fireplace with modern surround, and seamless indoor-outdoor connection to the view-facing exterior. Designer finishes include wide-plank flooring, curated lighting, and a contemporary kitchen ideal for everyday living and entertaining. Luxurious primary suite with a spa-inspired en suite designed for comfort and style, featuring a dual-sink vanity with sleek quartz surfaces and modern fixtures. Located to take advantage of nearby amenities at Point Ruston. This home is thoughtfully designed for comfort, light, and connection to the surrounding landscape.

4802 N Waterview Street, Tacoma

Listing courtesy of Windermere Prof Partners.

$2,100,000
2511012 MLS ⋅ ACTIVE Status
**FULLY PERMITTED** 80-unit Multifamily Development Site (See Offering Memo) OR Modify plans to take full advantage of DCC zoning - 400' Height Limit and no off-street parking req w/ unlimited potential. Shovel-Ready, Transit Oriented Development Site w/ Unobstructed Rainier/Commencement Bay/City Views tucked away in the safety of North Tacoma’s Stadium and Theater Districts. Project Value Engineered to Maximize Wood Framing, Avoid Subterranean Parking, Avoid High-Rise req, permitted to 2018 Code, 8-year Property Tax Exemption w/ no affordability req ALL while optimizing unit designs/amenities that maximize revenue. Hit the ground running w/ falling interest rates while strategically delivering in 2027 w/ low new construction inventory!

605 St Helens Avenue, Tacoma

Listing courtesy of Keller Williams West Sound.

$2,500,000
6 Beds ⋅ 6 Baths ⋅ 2508480 MLS ⋅ ACTIVE Status
Perched prominently above Commencement Bay in Tacoma’s coveted Proctor District, this extraordinary 1890 Queen Anne Victorian is a rare offering where historic grandeur meets modern refinement. Set on a commanding 13,800 square foot double corner lot, the residence spans an impressive 5,955 square feet, showcasing sweeping, unobstructed views of Commencement Bay & the Olympic Mountains from multiple vantage points throughout the home. Rich in architectural integrity, the home exudes timeless elegance with its intricate detailing, soaring ceilings, & beautifully preserved craftsmanship—thoughtfully enhanced by over $580,000 in curated updates. The reimagined chef’s kitchen anchors the main level, seamlessly blending period charm with contemporary functionality, while multiple living & entertaining spaces provide both sophistication & comfort. With five bedrooms & five-and-a-half baths, including extensively remodeled primary suites & baths across multiple levels, the home offers remarkable flexibility for luxurious everyday living. A detached garage with fully finished space introduces incredible versatility—ideal for a private office, guest suite, or studio—complete with a ¾ bath & sauna for a true retreat experience. Significant system upgrades, including electrical rewiring, a new boiler & hot water system, updated windows, & a newer roof, provide peace of mind while preserving the home’s historic character. This is a once-in-a-generation residence, that is truly stunning.

3320 N Union Avenue, Tacoma

Listing courtesy of eXp Realty.

$2,085,000
3 Beds ⋅ 4 Baths ⋅ 2507969 MLS ⋅ ACTIVE Status
Owner financing & lease to own are both financing options. Nestled in the heart of Proctor, this exceptional Craftsman offers a rare blend of architectural character, sweeping water views, & refined Pacific NW living—just 45 mins from Seattle & 30 mins to SeaTac. Lovingly maintained by longtime owners, the home showcases timeless design & enduring quality. Classic Craftsman details create warmth, charm, & a true sense of place. An expansive view deck captures unobstructed vistas of Commencement Bay, where sunrises frame Mt. Rainier & extend to Vashon Island. Positioned on the corner, the home not only enjoys panoramic sightlines but easy access to the waterfront. Set between Proctor and the bay, the downslope enhances views—free from overhead wires. Designed for comfort & flexibility, the home features hydronic & ducted heating, a security system, two interior fireplaces, & an outdoor gas fireplace. The upper level hosts a private primary suite including an en suite bath & balcony. The main floor includes a chef's kitchen, open concept living, guest bedroom & custom office. The lower level offers an additional bedroom, bath, rec room, & kitchenette—ideal for guests or extended living. A rare two-car ATTACHED garage & detached dedicated workshop add versatility. Minutes to Proctor shopping, restaurants, & fantastic schools (both public and private). From sailboat races to Fourth of July fireworks, this is a home designed for gathering, celebrating, and embracing Tacoma living.

3515 N 35TH Street, Tacoma

Listing courtesy of Commencement Bay Brokers LLC.

$2,400,000
2485504 MLS ⋅ ACTIVE Status
Sheridan Apartments | 9-Unit Fully Renovated Multifamily | 100% Occupied | $122,921 NOI Rare opportunity to acquire a fully stabilized, turnkey 9-unit asset in the heart of Central Tacoma. Sheridan Apartments offers immediate in-place cash flow with $194,000 gross income and $122,921 NOI, delivering strong performance from day one. This early 1900s Craftsman property has been extensively renovated, including fully updated interiors and a major electrical upgrade. There is no deferred maintenance, making this an ideal solution for investors seeking a low-management, quality asset. The diverse unit mix includes 2 detached homes, 5 apartment units, and 2 townhomes, creating strong tenant appeal and income stability. The property is 100% occupied and has demonstrated significant rent growth over the past several years, reflecting both operational strength and Tacoma’s expanding rental market. Located in Central Tacoma with a Walk Score of 86, the property benefits from proximity to JBLM, major healthcare employers, and multiple higher education campuses. JBLM alone supports over 52,000 employees with substantial off-base housing demand, reinforcing long-term rental stability. Whether completing a 1031 exchange or adding a stabilized asset to your portfolio, Sheridan Apartments provides immediate income, renovation quality, and long-term upside in one of Washington’s most supply-constrained markets.

1319 S 9 Street, Tacoma

Listing courtesy of Keasy Property Management.

$2,450,000
2505544 MLS ⋅ ACTIVE Status
Prime Tacoma opportunity with nearly 1 acre of MUD-zoned land offering flexibility for retail, mixed-use, or commercial development. Excellent street presence with strong visibility and easy access to major arterials, making it ideal for a variety of business uses. The existing structure provides immediate functionality or potential for redevelopment. Utilities available on site support a streamlined development process. Located in a growing area with continued expansion and demand, this property presents a valuable opportunity for investors, developers, or owner-users looking to establish or expand their footprint.

1148 72nd Street E, Tacoma

Listing courtesy of Keller Williams Rlty Bellevue.

$2,195,000
5 Beds ⋅ 6 Baths ⋅ 2468470 MLS ⋅ ACTIVE Status
Spectacular Spanish Colonial & Mission Revival w/ expansive west facing views of the Puget Sound & Olympics. Be the first to ever live in this masterfully built home! Exquisite attention to detail throughout, including a bell tower, arches, large carved wooden doors, hand-painted accent tiles & finely crafted iron work that graces the stair railings & front gate. Dramatic foyer w/ soaring ceilings, a sprawling great room, formal dining area & main floor primary suite w/ private deck access, walk-in closet & 5 pc bath. 2 BDs w/ attached baths on the top floor & a rec room, bonus room w/ wet bar & 2 BDs on the lower level. Immerse yourself in the outdoor spaces including an interior courtyard w/ a water feature, patio & wrap-around view deck.

6106 Panorama Drive NE, Tacoma

Listing courtesy of KW Greater Seattle.

$2,195,000
5 Beds ⋅ 6 Baths ⋅ 2465796 MLS ⋅ ACTIVE Status
Spectacular Spanish Colonial & Mission Revival w/ expansive west facing views of the Puget Sound & Olympics. Be the first to ever live in this masterfully built home! Exquisite attention to detail throughout, including a bell tower, arches, large carved wooden doors, hand-painted accent tiles & finely crafted iron work that graces the stair railings & front gate. Dramatic foyer w/ soaring ceilings, a sprawling great room, formal dining area & main floor primary suite w/ private deck access, walk-in closet & 5 pc bath. 2 BDs w/ attached baths on the top floor & a rec room, bonus room w/ wet bar & 2 BDs on the lower level. Immerse yourself in the outdoor spaces including an interior courtyard w/ a water feature, patio & wrap-around view deck.

6106 Panorama Drive NE, Tacoma

Listing courtesy of KW Greater Seattle.

$2,250,000
4 Beds ⋅ 5 Baths ⋅ 2464294 MLS ⋅ ACTIVE Status
Exquisite custom luxury home with some of the most rare and expensive stone, quartzite & granite that you will ever find. Panoramic & unobstructed views of Commencement Bay, Mt Rainier, the Olympics, and Port of Tacoma. Fully fenced property with a private gate. Gourmet chef’s kitchen with high end appliances, breakfast nook, and dedicated baking center. Private 3-tier movie theater with 84” screen and projector. Primary suite with gas fireplace, private deck, 7' spa tub, jet shower with multiple heads & large walk-in closet. Huge open basement with flexibility to be used as rec room, gym, MIL or craft room. Resort-style patio with built in hot tub, water feature & outdoor fireplace. This place won’t last long, tour it while it’s available!

3340 Shorecliff Drive NE, Tacoma

Listing courtesy of Keller Williams Rty Tacoma.

$2,250,000
2444009 MLS ⋅ ACTIVE Status
Great opportunity to own a 20,000 square foot +/- commercial building in Parkland. First time on the market in over 50 years. A good mix of tenants. Very low vacancy. The adjacent 1/2 acre +/- vacant lot is available (Parcel #031909-2-059). Urban Corridor (UCOR): Maximum density of 60 housing units per acre and generally a maximum height of 55 feet. 76 parking spaces! Buyer to verify all information. Call today for more details.

502 512 112th Street S, Tacoma

Listing courtesy of Better Properties Real Estate.

$3,000,000
1750047 MLS ⋅ ACTIVE Status
EXCEPTIONAL DEVELOPMENT OPPORTUNITY: Position yourself for future growth with this rare chance to "Land Bank" a full five-acre parcel located in a High Residential Dwelling (HRD) zone. Approx. 0.75 acres show contamination. Any portion of the site that is permanently capped with asphalt or sidewalks will not require abatement under current DOE standards. Closing will occur 90 days after the Seller delivers a formal “No Further Action” (NFA) Certificate from the Department of Ecology.

16701 22nd Avenue E, Tacoma

Listing courtesy of Benchmark Realty LLC.

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