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Hot Tacoma Properties

$21,500,000

2468328 MLS ⋅ ACTIVE Status

Joint Venture Development Opportunity. Mount Bay Apartments is a permit-ready, fully bid, and shovel-ready 307-unit workforce housing development in the heart of Tacoma’s Transportation District. One block from Tacoma Link Light Rail, Sounder, Amtrak, and Greyhound, the project delivers unmatched regional connectivity to downtown Tacoma, Seattle, and Portland—driving strong demand, high occupancy, and long-term value. Designed for working professionals and essential workforce residents, the community features two landscaped courtyards, convenience retail, below-grade parking, a welcoming lobby, fitness center, shared workspace, and a seventh-floor indoor/outdoor sky lounge. The project is fully aligned with Tacoma’s urban revitalization vision while addressing a critical housing need. Mount Bay Apartments offers a compelling, defensive multifamily investment with predictable cash flow, downside protection, and meaningful upside. Workforce housing has consistently outperformed luxury assets across market cycles, delivering stable occupancy even in economic downturns. An eight-year property tax abatement enhances early-year cash flow and improves overall returns, while long-term appreciation is supported by sustained infrastructure investment and neighborhood transformation. This is an exceptional opportunity to partner in a transit-oriented, tax-advantaged asset positioned to generate reliable income and lasting value in one of Tacoma’s fastest-growing urban corridors.

301 E 26th, Tacoma

Listing courtesy of Crestview Realty Advisors.

$6,000,000

4 Beds ⋅ 4 Baths ⋅ 2540794 MLS ⋅ ACTIVE Status

Experience the pinnacle of luxury living from this private, gated estate set on 1.5 acres with sweeping views of the Tacoma Narrows Bridges, Gig Harbor, and the Olympic Mountains. Designed for flexibility and entertainment, the home features two fully functioning levels, each with its own kitchen, primary suite, living room, and laundry room – ideal for multigenerational living, extended guests, or seamless everyday comfort. The outdoor entertainment spaces are highlighted by a 1,400+ square foot view deck and an equally sized heated patio on the daylight basement level complete with an outdoor bar. Whether hosting large gatherings or enjoying a quiet evening, the multiple outdoor living areas take full advantage of the home's stunning surroundings. A private putting green adds to the resort-style experience, while the expansive grounds provide a rare sense of privacy and seclusion. For vehicle enthusiasts, the gated elevated driveway delivers an unparalleled sense of arrival as you crest the driveway and secure your vehicle in one of the four garage bays. There is more than enough driveway parking for guests when you use the entertainment capabilities of this property to its fullest. Offering a combination of luxury, versatility, and unmatched views, this exceptional property is one of Tacoma's most luxurious residential offerings. An additional 2.5 acres is available for purchase separately, creating a rare opportunity to expand the estate or preserve even greater privacy.

3024 N Vista View Drive, Tacoma

Listing courtesy of COMPASS.

$5,500,000

2495107 MLS ⋅ ACTIVE Status

Grande Terrace is a well-maintained 20-unit multi-family investment consisting of five 4-unit complexes with 2-bed/1-bath floor plans. This property is fully occupied with a stable tenant base and strong cash flow. The property is in excellent condition with recently replaced water tanks and heaters, no outstanding maintenance issues, and minimal owner responsibilities since tenants cover all utilities. This is an ideal turnkey investment for investors seeking passive income and reliable returns in the Tacoma market.

5201 - 5215 S Orchard Street, Tacoma

Listing courtesy of VPMG Property Management.

$4,500,000

2211206 MLS ⋅ ACTIVE Status

Fantastic Opportunity awaits! Church and School have been very well taken care of, immaculate inside and out. Church Building-Sanctuary is beautiful, sitting 250 plus, bright and airy, plenty of space for comfort, established offices, multiple rooms that were used as Sunday school rooms, multiple bathrooms and storage areas. Very functional floor plan and move in ready. -2 Story School Building offering a spacious, open floor plan on the main floor with a large kitchen. Upstairs features multiple classrooms, attached garage with plenty of storage, this building is also immaculate and move-in ready. *Both buildings are equipped with high speed internet.

3201 S 43rd Street, Tacoma

Listing courtesy of Keller Williams Realty.

$3,800,000

2538805 MLS ⋅ ACTIVE Status

Built in 1968 and positioned on the corner of Carr Street and N 30th Avenue, Harbor View Apartments occupies one of Old Town Tacoma's most coveted residential addresses. The property's strategic location places residents at the heart of one of Tacoma's most vibrant and historically rich neighborhoods, with immediate access to the boutique shops, acclaimed restaurants, and waterfront amenities that define the Old Town experience. 6 of the 16 units have been recently renovated with modern finishes and in-unit washer & dryer. Many of the units enjoy sweeping water views of Commencement Bay. The property features a desirable unit mix of eight one-bedroom homes averaging 722 square feet and eight two-bedroom homes averaging 925 square feet, providing a well-balanced offering that appeals to a broad spectrum of renters. Currently 100% occupied, Harbor View demonstrates the enduring and consistent rental demand that characterizes well-located assets in supply-constrained submarkets. With in-place rents of approximately $24,400 per month against a market rent potential of approximately $30,000 per month, the property presents a compelling value-add opportunity with nearly $5,600 per month in proven rent upside through a thoughtful interior modernization program

2902 N Carr, Tacoma

Listing courtesy of Kidder Mathews.

$3,795,000

5 Beds ⋅ 8 Baths ⋅ 2541511 MLS ⋅ ACTIVE Status

Designed for professionals who demand absolute privacy and seamless travel logistics, this ultra-private 9,166-SQFT Browns Point estate functions as the ultimate sanctuary. Situated on a gated 1.77-acre lot bounded by three babbling brooks, the property is located just 20 minutes from Sea-Tac Airport and approx 30 minutes from Seattle’s major sports venues. The estate features a dedicated full fitness studio and a pro-grade golf simulator for year-round training. A seamless Nano wall opening to panoramic 180-degree views of Puget Sound and the resort-style backyard complete with a sport court, heated pool, spa, built for high-end entertaining and discretion. The residence also boasts a private home theater, a 975-bottle temp controled wine wall, a walk-in asset safe and heated floors throughout the lower level. Accommodations include a sprawling primary suite with two private viewing decks and a massive walk-in wardrobe with panic room, A spa like ensuite with dual shower heads in a steam shower. The chefs kitchen has rare Koa wood cabinets and two Sub-Zero refrigerators, and a convenient butler's pantry. Additional bedrooms are all self-contained suites. A dedicated office with amazing views. Plus, a separate lower-level apartment with its own kitchen and entrance—making it effortless to host additional family, or staff. Enjoy the massive six-car detached garage to secure a full vehicle fleet. Minutes away from championship golf courses and local marinas and retaurants

6411 View Street NE, Tacoma

Listing courtesy of Windermere Prof Partners.

$3,680,000

5 Beds ⋅ 6 Baths ⋅ 2530106 MLS ⋅ ACTIVE Status

Welcome to the pinnacle of North Tacoma living. The WOW factor of this 2022-built home is second to none. You’ll wake up every day in awe of the Tacoma Narrows, Olympic Mountains, and the view into the heart of Gig Harbor. Your guests will arrive at the front door, and their jaws will drop at the panoramic West-facing view. You’ll park in the immaculate four-car garage with polished concrete floor, and your stress will melt away. The open concept main living room features vaulted ceilings and walls of glass leading out to the expansive view deck with heaters in the tongue-and-groove ceiling. Envision breaking bread with those you cherish the most in the spotless like-new kitchen. The main level primary wing offers a seamless flow from the bedroom to the spa-like bath, into the generous primary closet with access into the pristine laundry. With four additional bedrooms, two on main and two on the daylight lower level, there is space for everyone. The lower-level living room features more stunning views leading you to the patio and custom hot tub gazebo. Located at the end of the private, gated Narrows Ridge neighborhood, there is nothing like this picturesque property.

4802 N Mildred Street, Tacoma

Listing courtesy of COMPASS.

$3,375,000

2428411 MLS ⋅ ACTIVE Status

Owner Financing Available as low as 4.95%. Great Location on the HARD CORNER of Pine and Center. Bordering Highway 16 for great exposure. 2 additional parcels are: 0320074063 and 0320074064. Total of 1.66 acres All zoned M1 and M2. This gives you great flexibility and options that you can do with the property. City sewer and water. Zoning allows for a lot of options including high- rise. Great Mount Rainier views. Multi-unit building on property that is rented out to bring in income while you develop.

3001 Center Street, Tacoma

Listing courtesy of RE/MAX Extra Inc..

$3,300,000

2336018 MLS ⋅ ACTIVE Status

Investors/builders take note of this rare unique offering! 3 contiguous tax parcels totaling 5.07 acres, recently rezoned Urban Residential-3 (UR-3) per the "Home in Tacoma Plan" Feb 2025. Parcels like this don’t come to the market very often. Unusual high density zoning is now available for this large parcel, and 628 feet of frontage on S. Verde offers a rare development opportunity for the buyer who catches the vision of what’s possible here. Quiet residential neighborhood, convenient to elementary and high school w straight shot access to I-5, Lakewood/Tacoma Services +Joint Base Lewis McChord. Addresses of individual parcels are 7811, 7815, 7801 S. Verde. Pre-Feasibility Study/ Site Plan from architect is complete-available on request

7811 S Verde Street, Tacoma

Listing courtesy of John L. Scott, Inc.

$3,300,000

4 Beds ⋅ 2 Baths ⋅ 2335123 MLS ⋅ ACTIVE Status

7811 S Verde Street, Tacoma

Listing courtesy of John L. Scott, Inc.

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