Multi Family homes for sale & real estate in South Tacoma, WA

Multi Family Home for sale in South Tacoma, WA:

Investor alert, 7% cap rate on a turn key, low maintenance rental, existing house, rehabbed in 2019 and 2 year old DADU, both are 2 bed 1 bath with washers and dryers, utilities are metered separately and tenants pay bill directly. Current leases signed through August and September of 2026. Potential to condo and sell separately.

Multi Family Home for sale in South Tacoma, WA:

This beautiful and fully updated duplex is a perfect addition to your investment portfolio or for first time home buyer who wants to generate extra income by renting one side. Each unit is 2 bedroom/1 bath with it's own laundry. Both units are updated with beautiful kitchen, SS appliances, quartz countertops, new flooring, fresh paint, living room with cozy wood burning fireplace, stylish bathrooms, lots of windows for natural light, fully fenced backyards, previously rented at $2,300 each. Detached 2 car garage. Need more income? Possibly finish renovating garage into 3rd unit. Located close to I-5 and 512 and in close proximity to schools, stores and other amenities. Don't hesitate and sc

Multi Family Home for sale in South Tacoma, WA:

Updated duplex- perfect for the next investment!! Conveniently located near downtown, hospitals and easy freeway access. The spacious lower unit offers 3 bedrooms, 1.5 and 1200stft- Vacant and ready for a new tenant or owner occupant. The upper unit features 3 bedrooms, 1.5 baths and 800 sqft. Stylish finishes include crisp white millwork and durable hardleplank siding. Don't miss this incredible opportunity.

Multi Family Home for sale in South Tacoma, WA:

INVESTORS OR OWNER-OCCUPANTS! Don’t miss this South Tacoma side-by-side duplex—each unit offers 2 beds & 1 bath with a large open floor plan, bright living rooms, galley kitchens opening to dining nooks, and laundry/mud rooms leading to spacious decks and yard. Unit 1408 was fully renovated in 2015 with new electrical, plumbing, cabinets, flooring, lighting, paint & driveway. Unit 1410 was just completed—both units are fully remodeled with new panels, meters, riser & weather head. Unit 1410 is Brand New! Quartz and featuring stainless appliances, Flooring. Detached 2-car garage, fenced yard & spacious 9,000 SF NR2 lot—DADU or new build potenti

Multi Family Home for sale in South Tacoma, WA:

The Chandler Street Apartments features eight 1-bedroom/1-bath units, which have been updated with new LVP hardwood flooring, kitchen countertops, and bath cabinetry. Exterior improvements include new paint, repaved and striped parking lot, and secure gated entry. The property is 100% occupied with low turnover, offering income stability and a current 5.79% cap rate with upside to 6.54%. Tenants enjoy on-site laundry, storage, and off-street parking. Centrally located near I-5, SR-16, transit, shopping, and dining.

Multi Family Home for sale in South Tacoma, WA:

6.37% Cap Rate | 3841 S Park Ave is a well-maintained, single-story 6-unit apartment building. Originally built in 1950 and fully renovated in 2020, the property features a low-maintenance brick façade, double-paned vinyl windows, metal entry doors, and a composition shingle roof replaced in 2020. The unit mix includes two two-bedroom/one-bath apartments and four one-bedroom/one-bath apartments, averaging 750 square feet and 550 square feet, respectively. All six units have been comprehensively renovated within the last five years with luxury vinyl plank flooring, white shaker cabinetry, new appliances, granite countertops, and LED lighting fixtures.