Active · Residential Income

10133 Patterson Street S, Tacoma, WA 98444

Tacoma, WA 98444

$629,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by Triwood Realty · MLS #2512903 · Active

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About this property

Positioned in a desirable South Tacoma location within unincorporated Pierce County, this tastefully updated duplex offers a rare blend of immediate cash flow and long-term development upside. Each unit generates approximately $1,700/month in reliable rental income, making this an attractive turnkey investment with strong in-place returns. The property has been thoughtfully upgraded with modern, higher-end finishes that appeal to quality tenants, helping ensure consistent occupancy and rental stability. What truly sets this property apart is its Urban Corridor (UC) zoning designation, opening the door to a wide range of future development possibilities. UC zoning is intended to support higher-density residential and mixed-use projects, allowing for potential redevelopment into multi-family housing, townhomes, or even a mixed-use building with commercial space on the ground level and residential units above (buyer to verify with Pierce County). This creates a compelling opportunity for investors and developers alike to capitalize on the area’s continued growth and demand for housing. Whether you choose to hold and enjoy steady income, or plan for a future redevelopment project, this property offers flexibility, strong fundamentals, and upside potential in a growing corridor. Opportunities like this—combining current performance with forward-looking potential—are increasingly hard to find.

Property details

Property type: Multi Family
Year built: 1972
Lot size: 14,992 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $4,791 (2026)
Parking spaces: 10
School district: Franklin Pierce

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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