Tacoma, Washington is quickly shedding its "second city" status and blossoming into a prime target for real estate investors. Often overshadowed by Seattle, this city is home to a stunning waterfront and vibrant arts scene. It boasts a thriving economy, rising demand for housing, and attractive entry points, which make it a potential goldmine for investors seeking stable income and capital appreciation.
Tacoma offers significantly lower housing costs compared to its booming neighbor. The median home price in Tacoma stands at roughly 25% less than Seattle's. This affordability attracts young professionals, families, and retirees seeking a more accessible Pacific Northwest home, creating a steady demand for rental and purchase options.
Tacoma's economy is also no longer solely reliant on its historic maritime industry. Diversification has brought thriving sectors like healthcare, manufacturing, and aerospace, thanks to major employers like Joint Base Lewis-McChord and MultiCare Health System. Up-and-coming neighborhoods like Hilltop and the Proctor District offer fixer-uppers for potential flips, while established areas like North Tacoma present charming bungalows ideal for long-term rentals. Investors can tap into this steady demand with strategically chosen properties near employment hubs or vibrant neighborhoods.
Popular Streets in Tacoma, Washington
D St86932$499,2223,489 Sq.Ft.6/5/2025G St1,03232$511,9192,383 Sq.Ft.5/28/2025I St93632$501,6721,945 Sq.Ft.6/9/2025J St1,14032$489,9933,086 Sq.Ft.6/3/2025L St91332$481,6292,262 Sq.Ft.6/4/2025M St99432$486,1841,854 Sq.Ft.6/7/2025Pacific Ave1,05832$452,4417,179 Sq.Ft.5/28/2025Sheridan Ave86632$493,2991,802 Sq.Ft.6/3/2025Tacoma Ave86432$533,1293,188 Sq.Ft.5/17/2025Yakima Ave92032$536,0163,012 Sq.Ft.6/10/2025All Streets in Tacoma, Washington
1st Ave2732$376,4811,086 Sq.Ft.1/30/20251st Avenue Ct5032$398,3194,271 Sq.Ft.4/7/20231st St743$642,0004,340 Sq.Ft.3/6/20241st Street Ct3832$614,2371,902 Sq.Ft.6/3/20252nd Ave4632$453,7443,964 Sq.Ft.4/8/20252nd Avenue Ct10332$503,8821,681 Sq.Ft.5/15/20252nd St2642$667,4171,821 Sq.Ft.10/26/20232nd Street Ct1442$685,4292,221 Sq.Ft.5/15/20243rd Ave5032$422,3061,367 Sq.Ft.5/27/20253rd Avenue Ct9332$450,1521,459 Sq.Ft.3/17/20253rd St3122$619,0915,252 Sq.Ft.8/22/20243rd Street Ct1142$889,3642,625 Sq.Ft.9/25/20194th Ave5032$530,9791,889 Sq.Ft.3/1/20234th Avenue Ct7332$531,1695,258 Sq.Ft.11/12/20244th St7443$783,0192,472 Sq.Ft.2/11/20254th Street Ct1042$849,7002,766 Sq.Ft.8/22/20195th Ave5532$487,7781,559 Sq.Ft.4/9/20255th Avenue Ct3543$538,6291,839 Sq.Ft.10/19/20225th St6943$840,9643,476 Sq.Ft.2/20/20255th Street Ct4132$510,2201,343 Sq.Ft.12/30/20226th Ave69832$580,8233,966 Sq.Ft.6/3/20256th Avenue Ct2432$501,5831,639 Sq.Ft.3/13/20256th St6732$765,5002,790 Sq.Ft.3/24/20256th Street Ct543$966,6003,035 Sq.Ft.4/27/20237th Ave4042$527,1001,870 Sq.Ft.2/6/20257th Avenue Ct3532$478,3431,643 Sq.Ft.12/12/20247th Pl143$1,031,0002,736 Sq.Ft.7/8/20217th St53232$581,6611,798 Sq.Ft.6/6/20257th Street Ct163N/A1,920 Sq.Ft.3/10/20178th Ave8632$555,7382,268 Sq.Ft.4/8/20258th Avenue Ct14032$462,3911,760 Sq.Ft.5/17/20258th Ct232$377,00040,622 Sq.Ft.2/6/20068th St52432$605,4933,375 Sq.Ft.5/27/20259th Ave7732$475,3641,692 Sq.Ft.5/15/20259th Avenue Ct15942$508,0201,956 Sq.Ft.4/10/20259th Pl443$844,5002,196 Sq.Ft.10/12/20209th St50532$627,1672,315 Sq.Ft.5/29/20259th Street Ct532$777,6001,929 Sq.Ft.4/24/202110th Ave18232$484,3751,776 Sq.Ft.3/27/202510th Avenue Ct7843$578,2936,825 Sq.Ft.5/8/202510th Ct143$518,0001,600 Sq.Ft.1/22/200710th St45132$631,4493,442 Sq.Ft.5/20/202511th Ave5332$425,6861,303 Sq.Ft.6/29/202311th Avenue Ct14932$499,7361,700 Sq.Ft.5/12/202511th St52932$579,3965,344 Sq.Ft.4/22/202511th Tee Dr3423$792,2351,996 Sq.Ft.2/4/202511tj St1N/AN/AN/A3,150 Sq.Ft.9/2/201612th Ave28432$459,2551,963 Sq.Ft.5/28/202512th Avenue Ct9532$420,1161,395 Sq.Ft.5/13/202512th St48032$602,8714,732 Sq.Ft.5/29/202512th Street Ct633$566,8331,561 Sq.Ft.4/23/202113th Ave8432$511,6431,715 Sq.Ft.5/2/202513th Avenue Ct19332$504,8341,711 Sq.Ft.5/2/202513th St27232$591,4271,913 Sq.Ft.5/19/202513th Street Ct3443$828,8822,919 Sq.Ft.12/5/202314th Ave15332$506,8101,665 Sq.Ft.5/10/202514th Avenue Ct4032$492,9001,600 Sq.Ft.3/24/202514th St27532$566,6881,718 Sq.Ft.6/10/202514th Street Ct1432$645,7862,094 Sq.Ft.3/27/202515th 1420 Adams St142$662,0001,488 Sq.Ft.12/13/199515th Ave4132$572,3502,226 Sq.Ft.10/19/202415th Avenue Ct9432$454,3941,679 Sq.Ft.5/27/202515th St41732$542,6892,448 Sq.Ft.6/7/202515th Street Ct1043$770,4002,718 Sq.Ft.7/15/202216th Ave7432$481,3651,670 Sq.Ft.5/6/202516th Avenue Ct6632$523,0151,748 Sq.Ft.10/21/202416th St27032$531,5641,462 Sq.Ft.6/3/202516th Street Ct1243$748,4172,421 Sq.Ft.5/9/202417th Ave4232$519,1676,796 Sq.Ft.5/16/202317th Avenue Ct6432$404,7971,569 Sq.Ft.3/25/202517th South Of Ave1N/AN/A$358,000N/AN/A17th St21232$559,9442,109 Sq.Ft.6/7/202517th Street Ct432$561,5001,535 Sq.Ft.10/12/202218th Ave13032$415,8815,983 Sq.Ft.1/27/202518th Avenue Ct14332$357,2211,428 Sq.Ft.5/15/202518th Portland Ave1N/AN/A$498,000N/A6/11/200218th St29932$589,7211,910 Sq.Ft.6/5/202519th Ave12732$385,4511,670 Sq.Ft.9/10/202419th Avenue Ct15232$434,5101,628 Sq.Ft.12/13/202419th St56532$634,7294,463 Sq.Ft.6/6/202519th Street Ct533$682,8002,128 Sq.Ft.4/28/202520th Ave12132$476,3931,700 Sq.Ft.4/21/202520th Avenue Ct13132$496,3581,664 Sq.Ft.5/6/202520th St8632$723,8591,998 Sq.Ft.5/22/202520th Street Ct1743$764,6002,649 Sq.Ft.8/8/202321st Ave15032$508,8211,895 Sq.Ft.6/5/202521st Avenue Ct6032$540,2462,581 Sq.Ft.5/5/202521st St26932$646,7901,924 Sq.Ft.6/9/202521st Street Ct244$730,5003,702 Sq.Ft.N/A22d Ave932$589,1111,421 Sq.Ft.11/2/201722nd Ave19632$472,0971,860 Sq.Ft.3/14/202522nd Avenue Ct4532$506,80011,341 Sq.Ft.5/27/202522nd St18232$692,9891,941 Sq.Ft.6/4/202522nd Street Ct5143$699,8632,175 Sq.Ft.3/19/202523rd Ave4932$660,7451,956 Sq.Ft.5/10/202523rd Avenue Ct10842$530,9302,135 Sq.Ft.5/30/202523rd St20532$573,0514,781 Sq.Ft.3/20/202523rd Street Ct1432$740,7862,114 Sq.Ft.11/12/202424th Ave22932$580,8552,406 Sq.Ft.12/11/202424th Avenue Ct4433$513,0232,045 Sq.Ft.2/21/2025309 S 4th StOakville, WA 98568
Estimated Value $385,000
Living Area 1,236 SqFt
Beds 3
Baths 2.5
Year Built 2005
Property Type Single Family
Ownership Type Related
APN 083002000002
Subdivision Line
School District Oakville School District
35 Gibson Creek RdOakville, WA 98568
Estimated Value $853,000
Living Area 1,568 SqFt
Beds 3
Baths 2
Year Built 1937
Property Type Timberland, Forest, Trees
Ownership Type Related
APN 160502320010
Neighborhood
N/A
School District Oakville School District
9 Craftdale RdOakville, WA 98568
Estimated Value $476,000
Living Area 1,344 SqFt
Beds 3
Baths 2
Year Built 1980
Property Type Manufactured Homes
Ownership Type Related
APN 160515220040
Neighborhood
N/A
School District Oakville School District
50 Cedar Ridge LnOakville, WA 98568
Estimated Value $578,000
Living Area 2,166 SqFt
Beds 3
Baths 2
Year Built 2006
Property Type Single Family
Ownership Type Related
APN 160419430010
Subdivision Capitol Ridge
School District Oakville School District
214 W Main StOakville, WA 98568
Estimated Value $412,000
Living Area 1,370 SqFt
Beds 3
Baths 2
Year Built 2023
Property Type Single Family
Ownership Type Related
APN 081501300400
Subdivision Brewers
School District Oakville School District
306 W Main StOakville, WA 98568
Estimated Value $381,000
Living Area 1,674 SqFt
Beds 4
Baths 1.75
Year Built 1974
Property Type Single Family
Ownership Type Individual
APN 081501200200
Subdivision Brewers
School District Oakville School District
16 Cedar Ridge LnOakville, WA 98568
Estimated Value $632,000
Living Area 2,112 SqFt
Beds 4
Baths 1.75
Year Built 2006
Property Type Single Family
Ownership Type Related
APN 160419410050
Subdivision Capitol Ridge
School District Oakville School District
25 Bennett LnOakville, WA 98568
Estimated Value $505,000
Living Area 2,112 SqFt
Beds 4
Baths 2
Year Built 2006
Property Type Single Family
Ownership Type Related
APN 741000001100
Subdivision Cedarville Fosters
School District Oakville School District
9 Elma Gate Rd WOakville, WA 98568
Estimated Value $414,000
Living Area 1,120 SqFt
Beds 2
Baths 1.75
Year Built 1979
Property Type Single Family
Ownership Type Multiple
APN 160525140060
Neighborhood
N/A
School District Oakville School District
2106 S Bank RdOakville, WA 98568
Estimated Value $566,000
Living Area 1,782 SqFt
Beds 5
Baths 2.75
Year Built 1999
Property Type Manufactured Homes
Ownership Type Related
APN 160526440050
Subdivision 2003-1782
School District Oakville School District
86 Cedar Ridge LnOakville, WA 98568
Estimated Value $523,000
Living Area 1,809 SqFt
Beds 3
Baths 2
Year Built 1998
Property Type Manufactured Homes
Ownership Type Related
APN 160419430050
Subdivision Capitol Ridge
School District Oakville School District
123 Norton RdOakville, WA 98568
Estimated Value $619,000
Living Area 1,768 SqFt
Beds 3
Baths 2
Year Built 1927
Property Type Agricultural / Rural
Ownership Type Individual
APN 160522210000
Neighborhood
N/A
School District Oakville School District
6721 Us Highway 12Oakville, WA 98568
Estimated Value $241,000
Living Area 840 SqFt
Beds 2
Baths 1
Year Built 1980
Property Type Manufactured Homes
Ownership Type Individual
APN 160524420050
Neighborhood
N/A
School District Oakville School District
27 Fisher RdOakville, WA 98568
Estimated Value $742,000
Living Area 1,648 SqFt
Beds 3
Baths 1.75
Year Built 1925
Property Type Single Family
Ownership Type Related
APN 160430210030
Neighborhood
N/A
School District Oakville School District
41 Alfredson RdOakville, WA 98568
Estimated Value $705,000
Living Area 1,660 SqFt
Beds 3
Baths 2
Year Built 2019
Property Type Single Family
Ownership Type Individual
APN 160524410010
Subdivision 2007-2542
School District Oakville School District
1356 S Bank RdOakville, WA 98568
Estimated Value $669,000
Living Area 2,094 SqFt
Beds 3
Baths 3
Year Built 1995
Property Type Single Family
Ownership Type Related
APN 160504410030
Subdivision Grays Harbor County Ssa 95-01
School District Oakville School District