Cascade Park, WA homes for sale & real estate

Cascade Park, WA Homes for Sale

We are pleased to present the Puget Sound Townhomes, a rare investment opportunity consisting of 10 well-maintained townhome-style units in Tacoma, WA. Each unit is 3 Beds / 2.5 Baths, approximately 1,301 sq ft with an attached garage and in unit full size WD. Built in 2007, the property consists of 5 tax parcels yielding a potential exit strategy to be sold as duplexes and single-family residences. The property is currently fully rented and operating at an in place 5.94% Cap Rate with significant rental upside to closer to a 7% Cap Rate.

Cascade Park, WA Homes for Sale

Turn-key Tacoma Mall 4plex with strong income and modern finishes—rare 2022 build with minimal maintenance. Enjoy significant property tax savings thanks to a 12-year land-only exemption—buyers pay taxes on land value only, not the structure (9 years remaining). Each unit features open-concept layout, LVP flooring, stainless steel appliances, custom cabinets, in-unit laundry, and ductless mini-split systems. Gated entry, landscaped courtyard, and off-street parking. Three units occupied; one vacant for showings or owner-occupant flexibility. Prime location near I-5, transit, and shopping.

Cascade Park, WA Homes for Sale

This well-maintained duplex in the heart of Tacoma presents a strong investment opportunity with future upside. Centrally located near the Tacoma Mall, major freeways, and key amenities, property offers stable rental income in a high-demand area. Major upgrades have already been completed, including a new roof in 2023,new water lines and side sewer in 2006,double-pane vinyl windows, new attic and crawl space insulation installed by TPU. Attached garage offers the opportunity to be converted into a third unit, providing even greater rental income and long-term appreciation. Whether you're an experienced investor or looking to start building your multifamily portfolio, this Tacoma duplex is a

Cascade Park, WA Homes for Sale

Discover this fantastic investment opportunity! This multi-family property is close to everything. The units feature hardwood floors, spacious living room. The classic brick exterior not only adds timeless charm but also reduces maintenance costs by eliminating the need for painting. Plenty of storage with carport and unit 4012 has a shed. This 4-bed, 2-bath property spanning 1920 sq. ft. offers tremendous potential for investors. Currently configured as a 2-unit building, it's zoned for up to 9 units, presenting an exciting opportunity for rental expansion or townhouse development. Don't miss this chance to own a low-maintenance, high-potential investment in prime Tacoma location. 30 yrs N