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
24th St30632$691,6972,207 Sq.Ft.5/23/202524th Street Ct2142$720,5242,344 Sq.Ft.1/10/202425th Ave25732$536,7332,027 Sq.Ft.4/25/202525th Avenue Ct12932$522,8451,893 Sq.Ft.6/6/202525th St38332$624,9343,104 Sq.Ft.5/28/202526th Ave9732$524,0114,058 Sq.Ft.3/12/202526th Avenue Ct4842$542,1742,334 Sq.Ft.6/21/202426th St38532$706,5943,517 Sq.Ft.6/7/202526th Street Ct1N/AN/AN/A45,330 Sq.Ft.4/7/199827th Ave7932$561,0261,938 Sq.Ft.3/10/202527th Avenue Ct232$569,0001,759 Sq.Ft.1/11/201727th Gulch St1N/AN/A$432,000N/A12/16/201127th St38832$700,0782,356 Sq.Ft.5/27/202527th Street Ct633$687,1671,831 Sq.Ft.6/4/202528th1N/AN/AN/AN/A9/19/200728th Ave10832$602,3802,463 Sq.Ft.5/14/202528th Avenue Ct2232$557,3182,108 Sq.Ft.6/21/202428th St29632$750,9802,682 Sq.Ft.5/12/202528th Street Ct3922$125,6051,239 Sq.Ft.7/19/201729th Ave7942$558,6141,897 Sq.Ft.3/7/202529th Avenue Ct5643$561,0182,184 Sq.Ft.5/13/202529th St40732$728,1862,105 Sq.Ft.6/6/202529th Street Ct122$425,000896 Sq.Ft.N/A30th Ave3932$557,3331,674 Sq.Ft.12/18/202430th Avenue Ct3643$615,2942,407 Sq.Ft.10/24/202430th Exempt1N/AN/AN/AN/AN/A30th St58132$673,8551,994 Sq.Ft.5/22/202530th Street Ct343$713,3332,338 Sq.Ft.1/16/202031st Ave1231$386,4551,299 Sq.Ft.5/27/202531st Avenue Ct832$503,4001,514 Sq.Ft.12/19/202231st St42932$710,7581,858 Sq.Ft.5/12/202532d St131$508,0001,040 Sq.Ft.7/27/200632nd Ave6843$703,8662,413 Sq.Ft.6/6/202532nd Avenue Ct3132$643,1002,075 Sq.Ft.4/9/202432nd St27332$633,7621,779 Sq.Ft.6/4/202533rd Ave2832$793,6302,460 Sq.Ft.2/19/202533rd Avenue Ct2332$607,3482,023 Sq.Ft.3/18/202533rd Ct732$550,1431,570 Sq.Ft.9/15/202133rd St29532$692,9862,034 Sq.Ft.6/6/202533rd Street Ct833$549,0001,682 Sq.Ft.6/16/202334th Ave16432$599,2001,865 Sq.Ft.5/15/202534th Avenue Ct3332$432,9392,012 Sq.Ft.3/21/202434th Ct1032$572,0001,739 Sq.Ft.5/28/202434th St43232$504,8491,767 Sq.Ft.5/27/202534th Street Ct832$583,7501,590 Sq.Ft.9/9/202234th Street Loop6432$563,8591,537 Sq.Ft.5/22/202535th Ave7132$492,4651,883 Sq.Ft.8/12/202435th Avenue Ct3122$295,2261,648 Sq.Ft.9/14/202035th St54532$529,9163,409 Sq.Ft.5/27/202535th Street Ct2032$626,8421,778 Sq.Ft.5/7/202536th Ave20232$603,0612,337 Sq.Ft.5/7/202536th Avenue Ct8232$460,1731,595 Sq.Ft.5/1/202536th St25532$666,3782,048 Sq.Ft.3/28/202536th Street Ct242$728,5001,598 Sq.Ft.11/8/201237th Ave4932$555,8161,680 Sq.Ft.4/16/202537th Avenue Ct2432$480,5001,580 Sq.Ft.6/13/202437th St22832$619,2133,883 Sq.Ft.5/15/202538th Ave10432$581,7912,068 Sq.Ft.1/9/202538th Avenue Ct6643$640,6822,375 Sq.Ft.4/23/202438th St34032$606,3304,749 Sq.Ft.4/15/202538th Street Ct4032$567,2501,432 Sq.Ft.5/9/202539th2N/AN/AN/AN/AN/A39th Ave9332$568,0001,803 Sq.Ft.4/21/202539th Avenue Ct2532$509,4401,564 Sq.Ft.9/15/202139th St23332$598,3811,896 Sq.Ft.6/3/202539th Street Ct1143$851,3642,736 Sq.Ft.6/10/202440th Ave23932$614,8501,946 Sq.Ft.4/30/202540th Avenue Ct3232$458,4381,861 Sq.Ft.6/2/202540th St43732$569,2861,794 Sq.Ft.6/2/202540th Street Ct1443$516,9171,707 Sq.Ft.5/15/201741st Ave8132$569,7001,822 Sq.Ft.5/24/202541st Avenue Ct1843$1,005,6673,441 Sq.Ft.6/9/202141st St34232$517,7541,948 Sq.Ft.6/3/202542nd Ave13932$686,0872,187 Sq.Ft.2/4/202542nd Avenue Ct6532$519,1691,771 Sq.Ft.11/19/202442nd St27432$574,6392,035 Sq.Ft.5/7/202542nd Street Ct1133$693,8182,294 Sq.Ft.9/27/202443rd Ave5232$665,9042,228 Sq.Ft.12/16/202443rd Avenue Ct3233$725,1562,293 Sq.Ft.11/17/202343rd Pl1232$658,8332,015 Sq.Ft.10/15/201943rd St36632$544,5101,807 Sq.Ft.5/17/202543rd Street Ct932$530,8891,656 Sq.Ft.12/22/202244th Ave25932$613,3653,539 Sq.Ft.5/1/202544th Avenue Ct2332$525,6091,515 Sq.Ft.6/2/202544th St29832$548,3532,720 Sq.Ft.4/10/202544th Street Ct2143$1,079,8103,409 Sq.Ft.12/19/202345th Ave10632$636,8334,148 Sq.Ft.10/1/202445th Avenue Ct842$628,7502,446 Sq.Ft.1/20/202245th Ct1143$540,6361,968 Sq.Ft.5/20/202245th St42632$546,3471,658 Sq.Ft.6/5/202545th Street Ct2532$649,5601,979 Sq.Ft.5/25/202346th Ave11032$630,2342,016 Sq.Ft.9/9/202446th Avenue Ct2933$748,9312,809 Sq.Ft.4/19/202446th Ct133$792,0002,634 Sq.Ft.5/26/201646th St38232$536,2531,965 Sq.Ft.6/11/202546th Street Ct4832$702,3752,190 Sq.Ft.8/11/202447th 014-0 Ave1N/AN/AN/AN/A11/8/201447th Ave16632$592,1881,952 Sq.Ft.4/15/202547th Avenue Ct1832$654,0562,163 Sq.Ft.10/20/202147th St33332$529,7822,596 Sq.Ft.5/10/2025310 W Main StOakville, WA 98568
Estimated Value $384,000
Living Area 1,287 SqFt
Beds 3
Baths 2
Year Built 1974
Property Type Single Family
Ownership Type Individual
APN 081501200401
Subdivision Brewers
School District Oakville School District
415 S Allen StOakville, WA 98568
Estimated Value $219,000
Living Area 840 SqFt
Beds 2
Baths 1
Year Built 1972
Property Type Manufactured Homes
Ownership Type Individual
APN 083501800900
Subdivision City Of Oakville
School District Oakville School District
20 Fisher RdOakville, WA 98568
Estimated Value $200,000
Living Area 924 SqFt
Beds 1
Baths 1
Year Built 2000
Property Type Residential General
Ownership Type Related
APN 160430240010
Neighborhood
N/A
School District Oakville School District
415 W Grace StOakville, WA 98568
Estimated Value $386,000
Living Area 1,512 SqFt
Beds 3
Baths 2
Year Built 2008
Property Type Manufactured Homes
Ownership Type Multiple
APN 084500101501
Subdivision Smiths Garden
School District Oakville School District
214 W Oak StOakville, WA 98568
Estimated Value $358,000
Living Area 1,530 SqFt
Beds 3
Baths 2.75
Year Built 1947
Property Type Single Family
Ownership Type Multiple
APN 081501600300
Subdivision Brewers
School District Oakville School District
6694 Us Highway 12Oakville, WA 98568
Estimated Value $936,000
Living Area 9,697 SqFt
Beds 3
Baths 3
Year Built 2016
Property Type Miscellaneous
Ownership Type Multiple
APN 160524220030
Neighborhood
N/A
School District Oakville School District
295 Elma Gate Rd WOakville, WA 98568
Estimated Value $376,000
Living Area 1,482 SqFt
Beds 2
Baths 1.75
Year Built 1927
Property Type Single Family
Ownership Type Related
APN 160523110020
Neighborhood
N/A
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
30 Cedar Creek RdOakville, WA 98568
Estimated Value $680,000
Living Area 1,918 SqFt
Beds 3
Baths 2
Year Built 1998
Property Type Single Family
Ownership Type Related
APN 160514110040
Subdivision 85-08
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
39 Shorthorn LnOakville, WA 98568
Estimated Value $472,000
Living Area 1,536 SqFt
Beds 3
Baths 1.75
Year Built 2007
Property Type Single Family
Ownership Type Individual
APN 741000002200
Subdivision Cedarville Fosters
School District Oakville School District
192 Elma Gate Rd WOakville, WA 98568
Estimated Value $655,000
Living Area 1,196 SqFt
Beds 2
Baths 1
Year Built 1997
Property Type Single Family
Ownership Type Individual
APN 160524220010
Neighborhood
N/A
School District Oakville School District
40 Williams Creek RdOakville, WA 98568
Estimated Value $695,000
Living Area 1,920 SqFt
Beds 4
Baths 2
Year Built 1995
Property Type Single Family
Ownership Type Individual
APN 160522140020
Neighborhood
N/A
School District Oakville School District
110 W Eagle StOakville, WA 98568
Estimated Value $310,000
Living Area 1,014 SqFt
Beds 3
Baths 1.75
Year Built 1973
Property Type Single Family
Ownership Type Individual
APN 082000700700
Subdivision Fitzgerald
School District Oakville School District
123 Lewis RdOakville, WA 98568
Estimated Value $166,000
Living Area 350 SqFt
Beds 1
Baths 1.75
Year Built 2020
Property Type Manufactured Homes
Ownership Type Related
APN 160521410030
Neighborhood
N/A
School District Oakville School District
118 Gibson Creek RdOakville, WA 98568
Estimated Value $545,000
Living Area 1,883 SqFt
Beds 3
Baths 2
Year Built 2019
Property Type Single Family
Ownership Type Related
APN 160502130050
Neighborhood
N/A
School District Oakville School District