Tacoma Real Estate Search

Tacoma Multi-Family Properties for Sale

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Newest Tacoma Multi-Family Homes for Sale

$545,000
2576063 MLS ACTIVE Status
HOUSE HACKER or INVESTOR SPECIAL ON HILLTOP! It has been maintained incredibly well by the owner for over 20 years. Nearly $70,000 in recent improvements! New roof $17k, exterior paint $17k, lower unit remodel $31k & new alley gate $3245. Rare, high quality duplex where the big-ticket work has already been done. Perfect first rental property or if looking to expand your current portfolio. Both apartments are 2-bed, 1-bath units with access to shared laundry. Main level unit lease exp OCT 1, 2026. Upstairs tenant is MTM. Both have been served $50 increase notices effective NOV 1, 2026. Opportunity to recapture w/s/g via RUBS. Gated, off-street parking available. For the owner-occupant, live in one unit while the second unit helps offset your housing costs, the classic house-hack strategy with the added benefit of owning a property with strong long-term investment potential. The location is another major asset. Situated near the heart of Tacoma, residents enjoy convenient access to Downtown, UW Tacoma, employment centers, dining & public transportation. Beer lovers: the duplex is on the same street as E9 Brewing & Redd Dog Brewing! Nearby transit options for residents commuting throughout Tacoma & the South Sound. This property is ready for its next owner to enjoy rather than inherit a heavy cap ex/renovation list. Easy to self-manage. Seller's exit is your gain. Lot may accommodate future DADU development. Buyer to verify measurements, zoning, rents & financing eligibility.

2346 Fawcett Avenue, Tacoma

Listing courtesy of Multifamily Properties.

$1,800,000
2579094 MLS ACTIVE Status
Introducing the Stadium District Bayview Apartments, an iconic trophy 7-unit multifamily investment overlooking Commencement Bay, offered to the market for the first time in over 80 years and showcasing irreplaceable vintage Dutch Colonial charm. Located in Tacoma’s highly desirable Stadium District, the property is just steps from the Tacoma Lawn Tennis Club, Annie Wright Schools, and Stadium High School. This is a truly special opportunity for either an investor or owner-occupant, offering strong in-place cash flow alongside the rare opportunity to take advantage of the currently vacant 2,500-square-foot owner’s unit. This expansive 4-bed, 2-bath residence features three separate living areas, a spacious dining room, and an impressive 850+ square-foot private deck. Market rent comparables suggest the unit could command approximately $4,000 per month, providing a new owner with the flexibility to either occupy the residence or further enhance the property’s income. The property features a unique unit mix consisting of the main four-bedroom, two-bathroom unit, five spacious one-bedroom apartments averaging 683 SF, and a 455-SF studio apartment. The main residence and Unit C feature in-unit laundry, while the remaining residents benefit from a common laundry room located in the basement. Major capital improvements include updated electrical panels throughout the property and a roof replacement completed within the last 10 years. Come tour this special asset!

406 N 6th Street, Tacoma

Listing courtesy of Blake Investment Advisors.

$945,000
2573776 MLS ACTIVE Status
*RARE UR-3 INVESTMENT + DEVELOPMENT OPP - EXISTING 4-PLEX ON 10,251 SF LOT* Perfect if you're looking for your first rental property or wanting to expand your current portfolio! This fourplex near Tacoma's North End features four spacious 3-bed, 1.5-bath units, each with full w/d + f/p. Units 1 & 4 remodeled (est $15k) AUG '26 & have been kept vacant for new owners, providing your chance to capture market rents & recapture w/s/g via RUBS. Target 6.25%+ CAP. House hackers, occupy one while the other 3 pay your mortgage. Fresh ext paint, newer water heaters, new flooring, int paint. The 3-bed floor plans are attractive to renters, appealing to groups of 4+ seeking more space without the cost of a home. Location is an advantage. Very convenient self-storage facility right next door. Great access to I-5, SR-16 & services, while remaining close to hip 6th Ave & downtown. For commuters to JBLM or going north to King Co, the area provides major transportation options. Whether you're a seasoned investor looking to increase rents & build long-term equity or an owner-occupant seeking a smart house-hack, this property offers multiple paths to maximize your investment & deserves your serious consideration. A chance to acquire a 4plex with 3-bed units with immediate upside or owner-occupant flexibility are increasingly difficult to find in today's market. No HOA, clean records, easy to self-manage. Seller's exit is your gain. Buyer to verify measurements, rents & financing eligibility.

1101 S Woodlawn Street Unit #1-4, Tacoma

Listing courtesy of Multifamily Properties.

$835,000
2573761 MLS ACTIVE Status
* SOLID, LOW MAINTENANCE INVESTMENT OPPORTUNITY * The fourplexes in the Orchard Park Apt community are rarely available, last sale was 2021. This is perfect if you're looking for your first rental property or want to expand your current portfolio by four doors! This apt community is located just south of Fircrest & east of University Place. It features four spacious 2-bed, 1-bath units, each with full w/d, fireplace + carport parking, a leasing advantage in this corridor. Unit C fully updated 2024. Both upper units have balconies, lower units enjoy patio space. New $20k roof. Lease renewals could provide the opening to implement RUBS to recapture w/s/g exp. One unit is expected to vacate 09/30 giving house hackers the chance to occupy one while the other 3 pay your mortgage. Great access to I-5, SR-16 & neighborhood services. For commuters to JBLM or going north to King County, the area provides major transportation options. Whether you're a seasoned investor looking to increase rents & build long-term equity or an owner-occupant seeking a smart house-hack, this property offers multiple paths to maximize your investment & deserves your serious consideration. The chance to acquire a well-maintained 4plex with potential upside or owner-occupant flexibility are increasingly difficult to find in today's Puget Sound market. HOA covers garbage & landscaping. Clean records, easy to self-manage. Seller's exit is your gain. Buyer to verify measurements, rents & financing eligibility.

4907 S Orchard Street Unit #A-D, Tacoma

Listing courtesy of Multifamily Properties.

$720,000
2575296 MLS ACTIVE Status
Income-Producing Triplex with Workshop & DADU Potential in South Tacoma (includes two parcels) Don’t miss this incredible opportunity to own a triplex in a great South Tacoma location while generating rental income! Live in one unit and rent out the other two, helping offset your mortgage while building equity. The vacant 1-bedroom, 1-bath unit is completely updated and move-in ready, making it ideal for an owner-occupant or new tenant. The property offers plenty of parking for residents and guests, along with convenient in-unit laundry. One of the standout features is the approximately 1,800–2,000 sq. ft. oversized garage/workshop, offering an exceptional amount of space for a business, hobbies, storage, or future expansion. The workshop also presents potential for a Detached Accessory Dwelling Unit, offering an exciting opportunity to explore additional living space or income potential, subject to buyer verification and applicable zoning/permit requirements. With multiple income-producing units, a massive on-site workshop, ample parking, and DADU potential, this property offers flexibility and opportunity rarely found at this price point. Live in one, rent the others, utilize the workshop, and explore the possibilities! Whether you're looking for your next home, an investment property, or both, this South Tacoma triplex is an opportunity you don't want to miss!

7428 S Puget Sound Avenue Unit #1-3, Tacoma

Listing courtesy of eXp Realty.

$760,000
2538890 MLS ACTIVE Status
$10,000 Interest Buy Down/New Improved Price.Turn Key Asset in the Heart of the Coveted Proctor District (2 Blocks off Proctor) with Serious Period Charm. Main Floor Spacious Unit includes 2 Bedroom and 1 Bath, Living and Dining areas, and French Doors to the Large Covered Deck Overlooking a Lovely Landscaped and Private and Fully Fenced Backyard. The Lower Living Area can be accessed from Main Floor Unit and also has private entrance. It could be used for Guests or Multi-generational, Flex space or Airbnb and Includes Kitchenette, 3/4 bath, Living area, and Non Conforming Bedroom. Upper Unit has 2 Bedroom/1 Bath, Private Deck and is presently occupied with Long Term Happy Tenant on Month to Month Tenancy at $1725/mon. All Units have been Updated and All Have W/Ds. Roof is 3 Years Young, Elec was updated between 2006 and 2010. This Versatile Turn Key Property has so much to Offer both Seasoned Investor or Owner Occupants.Zoning Allows for More Units, Convert Existing Garage to DADU (Buyer to Verify). Proforma Market Rent for Main Floor and Lower Level at $3000/mon. Large 2 Car Oversized Garage with Work Bench Area/Potting Area and Plenty of Shelving & can Provide Additional Income. It has been Rented in the past for $250/month. Always Maintained.Great Opportunity to own a Multi Unit in this Desirable Neighborhood. Walk to Sat Farmer's Market, UPS, Cafes, Wine Bar, Dining and Met Market.Mason Middle School, Stadium HS and Hoyt Elementary are all Highly Rated Schools.

3609 N 26th Street, Tacoma

Listing courtesy of Windermere Prof Partners.

$1,345,000
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.

$1,375,000
2540936 MLS ACTIVE Status
Rare mixed-use investment opportunity offering the ideal blend of commercial visibility and residential income. This well-maintained property features a beautifully updated storefront with display windows, lobby, kitchen, and bathrooms - perfect for an owner-user or a variety of retail, office, or service businesses. Behind the commercial space are 4 units of varying sizes, including a spacious 3 bed/2 bath apartment ideal as an owner’s residence or premium rental. Interiors have been thoughtfully updated while maintaining character, creating attractive living spaces that tenants love. Amenities include on-site coin-operated laundry, basement storage, & off-street parking spaces. A corner lot with excellent street visibility create a lasting appeal for both commercial & residential tenants, helping support long-term occupancy. Strong income history with room for future upside makes this an outstanding addition to any portfolio, while the live/work potential offers flexibility that’s increasingly difficult to find. Located in Tacoma’s vibrant Three Bridges/North Tacoma neighborhood, you’ll enjoy a highly walkable setting surrounded by popular coffee shops, local restaurants, boutiques, salons, parks, and neighborhood services. Just minutes from the University of Puget Sound, Proctor District, 6th Avenue, Ruston Way waterfront, and major commuter routes, this location continues to attract both residential tenants and thriving local businesses.

2102 -2108 N Oakes Street, Tacoma

Listing courtesy of Keller Williams Rty Tacoma.

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