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$565,000
2544823 MLS ACTIVE Status
Here is your opportunity to own a one-of-a-kind historic duplex in Tacoma's Hilltop neighborhood. Converted to a duplex shortly after construction, this classic home offers timeless character, strong income potential, and room to add value. Rescued and thoughtfully restored in the 1980s, it's now ready for its next chapter. The upper 2-bedroom unit has benefited from significant updates, including beautifully refinished original hardwood floors, fresh interior paint, and new kitchen cabinetry, while retaining its historic charm. The lower unit offers an excellent opportunity for similar improvements, allowing the next owner to build additional equity. Both units are currently occupied, providing immediate rental income from day one. Whether you're an investor or looking to expand your portfolio with a unique property, this historic duplex is full of potential.

2152 S -54 J St Street, Tacoma

Listing courtesy of Meridian Real Estate Group.

$500,000
2544835 MLS ACTIVE Status
Exceptional development opportunity in Tacoma's thriving Hilltop neighborhood! This offering includes two parcels totaling a prime mixed-use development site with the groundwork already in place. The lots have been cleared, and extensive due diligence has been completed, including Phase I-IV environmental work, infiltration and compaction testing—saving developers valuable time, reducing upfront costs, and streamlining the path to construction. Zoned NCX, the property allows for up to 45 feet of building height, with bonus height provisions readily attainable. A future development can take advantage of spectacular 360-degree views, from Mount Rainier to the Olympic Mountains. Ideally located just steps from the newly completed LINK light rail line and only two blocks from St. Joseph Medical Center, this site is perfectly positioned for a transit-oriented mixed-use project in one of Tacoma's fastest-growing neighborhoods. Opportunities with this level of preparation and location are increasingly rare.

2151 -2155 Martin Luther King Jr Way S, Tacoma

Listing courtesy of Meridian Real Estate Group.

$585,000
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.

$649,999
2558010 MLS ACTIVE Status
Exceptional Turnkey Investment Opportunity! Beautifully updated historic duplex offering outstanding income potential & exceptional value. Previously rented for $5,300/MONTH ($2,650 per unit), there’s nothing left to do but place your tenants! IMMEDIATE RENTAL OPPORTUNITY! No renovations needed—just place your tenants & start generating income. OWNER-OCCUPANT/HOUSE HACK OPPORTUNITY! Live in one unit while renting the other to help offset a substantial portion of your monthly mortgage payment while building equity.Both units have the comfort & feel of a single-family home. Each offers 1,118 sq ft with 4 bedrooms, for a total of 8 BEDROOMS, 2.75 baths, and 2,236 sq ft.Extensively remodeled approximately 3–4 years ago with beautifully updated kitchens & bathrooms, fresh interior paint, new carpeting, and newer kitchen appliances. ALL APPLIANCES STAY, including refrigerators, ranges, dishwashers, washers, and dryers. Major improvements include a NEWER ROOF, aluminum downspouts, vapor barrier in the walkable crawl space, and newer ABS sewer line.Ideally located in Tacoma’s vibrant Hilltop neighborhood just minutes from major hospitals, LIGHT RAIL, public transit, Ruston Way, the 6th Avenue dining & entertainment district, the Stadium District, and Downtown Tacoma. Opportunities to own a beautifully updated duplex offering TWO INCOME-PRODUCING UNITS, 8 BEDROOMS, and this level of rental potential at such an attractive price point are FEW AND FAR BETWEEN!

1214 S 8th Street Unit #1 & 2, Tacoma

Listing courtesy of RE/MAX Equity Group.

$419,900
2 Beds 2 Baths 2542905 MLS ACTIVE Status
Beautifully updated Central Tacoma home offering modern finishes, future development potential, and an unbeatable location. This move-in ready property features a new roof, new stainless steel appliances, new cabinetry, luxury vinyl plank flooring, updated bathrooms, fresh interior paint, and thoughtful updates throughout, providing both style and peace of mind. Conveniently located near the vibrant 6th Avenue District, University of Puget Sound, Tacoma General Hospital, parks, shopping, dining, and easy freeway access. Situated on a fully fenced lot with alley access, this property also features a detached garage with convenient rear access from the alley, offering added functionality and flexibility. A recent feasibility analysis indicates the property may accommodate up to two detached ADUs under Tacoma's UR-2 zoning, creating exciting possibilities for future rental income, multi-generational living, or expanded living space (buyer to verify all development potential with the City of Tacoma). Whether you're looking for a turnkey home, an investment opportunity, or a property with long-term upside, this Central Tacoma gem delivers the perfect blend of modern updates, location, and potential.

2322 S Ash Street, Tacoma

Listing courtesy of Best Choice Realty LLC.

$425,000
3 Beds 1 Baths 2535940 MLS ACTIVE Status
Beautifully updated 1925 Craftsman house featuring 3 bedrooms and one full bath. Main floor has large living room and dining room with new paint with large trim and crown molding. Kitchen has been updated with newer cabinets, hardware, stainless steel appliances, granite countertops and eating nook. Upstairs has two large bedrooms and a third smaller bedroom that would make the perfect home office. Basement has finished laundry room and plenty of additional storage. Newer roof, hardie board siding and most windows have been replaced with double pane vinyl windows. Outside is fully fenced with alley access on the side. Charming neighborhood located near downtown Tacoma, Ruston Way, museums, dining, public transit, and major commuter routes, this home offers a great balance of neighborhood charm and city accessibility.

1208 S 14th Street, Tacoma

Listing courtesy of AgencyOne.

$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.

$534,000
3 Beds 2 Baths 2514132 MLS ACTIVE Status
This Home offers a wonderful blend of classic character and thoughtful updates. 1,483 sq ft of living space, home features 3 bedrooms, 1.5 baths in a functional inviting layout. The basement provides excellent storage or future potential & can add another 739 sq ft to living space, the interior has been refreshed with brand-new carpet and fresh interior paint, new lighting fixtures & white blinds- making this truly move-in ready for new homeowners. Outside, the home sits on a level, fenced lot with ample space for gardening, outdoor enjoyment, pet(s)- whatever works for you. Home was built in 1920 & is Solid! Great location-3 blocks from St. Joseph Hospital, 1 block from a Community Center with indoor Olympic Swimming Pool to enjoy! 2 blocks to transit & close to Eateries & Shopping.

1623 S M Street, Tacoma

Listing courtesy of Windermere RE West Campus Inc.

$445,000
2517102 MLS ACTIVE Status
Located in Tacoma’s Yakima neighborhood, this 4BD/2BA Victorian duplex presents a full rehabilitation opportunity for investors, builders, or buyers looking to create value from the ground up. The structure is currently in derelict condition and will require extensive repairs and updates throughout. The home shows significant deferred maintenance, with visible wear to the exterior siding, roofing, and windows. Inside, the property will need a complete overhaul, including flooring, walls, fixtures, and major systems such as electrical, plumbing, and HVAC. The condition suggests this is best suited for a cash purchase or renovation financing. Situated with access to local amenities, commuter routes, and Tacoma services, the location remains a strong point for future upside after renovation. This is a true fixer-upper being sold as-is, ideal for those ready to take on a substantial project and unlock the property’s potential.

1220 Yakima Avenue S, Tacoma

Listing courtesy of 5 Star Property Management.

$925,000
2513807 MLS ACTIVE Status
1212 S. I Street is a turnkey investment opportunity that delivers both dependable income and long-term value appreciation. With four living units and a 5th for storage this property is generating stable rental revenue, has strong tenant demand driven by nearby employment and education, and clear potential for value-add improvements. This property offers an ideal balance of security and growth. Property has a new roof, outside paint and stained decks. Investors and house hackers seeking a manageable, well-located asset in a dynamic Pacific Northwest market will find 1212 S. I Street to be a compelling choice. Owner previously lived and had office in 2 units of property and will rent back storage under unit 4 if desired, adding additional income. See recent passed Insurance Inspection in supplements

1212 S I Street, Tacoma

Listing courtesy of Keller Williams Rty Tacoma.

$249,000
2512312 MLS ACTIVE Status
Build your dream home or position your next project for success with this cleared UR2-zoned vacant lot in Tacoma’s rapidly evolving Hilltop neighborhood. With no demolition costs, immediate sewer access from both the street and alley, and proximity to major employment centers, this site offers strong fundamentals for a profitable build.Located within walking distance of St. Joseph Medical Center and the T-Line light rail, the property sits in a high-demand rental corridor ideal for workforce housing, ADUs, or multiple SFH development. Downtown Tacoma’s museums, restaurants, community amenities, and Amtrak station are just minutes away. With utilities readily available and zoning that supports increased density, this lot provides a rare chance to build on the neighborhoods continued growth and revitalization.

1715 S Sheridan Avenue, Tacoma

Listing courtesy of RSVP Brokers ERA.

$499,950
4 Beds 2 Baths 2497148 MLS ACTIVE Status
Rare, shovel-ready multifamily opportunity in one of Tacoma’s strongest urban corridors—fully permitted for a 20-unit development with no impact fees and a 12-year MFTE tax exemption already approved with fees paid, delivering meaningful savings and faster time to revenue. The approved plans feature 20 highly efficient one-bedroom units (450 SF each) totaling 8,900 SF of net rentable area, designed for cost-effective construction and clean underwriting. Located just minutes from UW Tacoma, downtown, and only two blocks from the Tacoma Link light rail, the site offers outstanding access to transit, employment, and amenities, with potential Mount Rainier and skyline views enhancing tenant appeal. One of the few remaining fully entitled sites in the area, with additional upside through alternative configurations—build five duplexes or retain the existing home and add two duplexes off of the alley.

2120 S J Street, Tacoma

Listing courtesy of Berkshire Hathaway HS NW.

$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.

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