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
47th Street Ct4742$698,9332,261 Sq.Ft.5/2/202548th Ave23132$607,6291,862 Sq.Ft.3/28/202548th Avenue Ct2832$531,0361,369 Sq.Ft.5/16/202548th Ct133$520,0001,576 Sq.Ft.8/23/200648th St36832$548,0032,516 Sq.Ft.5/16/202548th Street Ct1532$466,7861,506 Sq.Ft.5/27/202449th Ave10032$568,8912,240 Sq.Ft.10/29/202449th Avenue Ct5332$627,7921,878 Sq.Ft.9/2/202449th St31032$578,5281,721 Sq.Ft.4/22/202549th Street Ct2043$565,5502,106 Sq.Ft.7/9/202449th Ve132$484,0001,076 Sq.Ft.9/20/200550th Ave37832$584,6505,251 Sq.Ft.6/4/202550th Avenue Ct2032$626,8002,234 Sq.Ft.3/22/202250th St22532$474,3881,561 Sq.Ft.3/19/202550th Street Ct932$556,7781,240 Sq.Ft.10/12/201851st Ave5532$534,6551,912 Sq.Ft.3/5/202551st Avenue Ct3233$564,3212,333 Sq.Ft.12/8/202351st St26632$526,3221,833 Sq.Ft.5/21/202551st Street Ct2133$820,5712,895 Sq.Ft.11/27/202352nd Ave7832$583,2971,545 Sq.Ft.5/23/202552nd Avenue Ct2232$361,9091,534 Sq.Ft.10/21/202252nd Pl4433$734,0002,121 Sq.Ft.7/9/202452nd St33432$507,2321,835 Sq.Ft.5/12/202552nd Street Ct344$828,3333,580 Sq.Ft.9/3/202053rd Ave8132$594,9511,650 Sq.Ft.12/4/202453rd Avenue Ct2732$293,8151,235 Sq.Ft.3/27/202453rd Pl642$520,3331,318 Sq.Ft.6/29/202253rd St29232$507,2361,641 Sq.Ft.6/4/202553rd Street Ct2232$775,9052,232 Sq.Ft.11/11/202054th Ave4832$530,1061,340 Sq.Ft.10/17/202354th St27531$449,5871,481 Sq.Ft.6/3/202554th Street Ct1743$832,8822,655 Sq.Ft.11/9/202255th Ave5832$578,1931,633 Sq.Ft.9/25/202455th Pl931$498,7781,162 Sq.Ft.2/15/202555th St19632$513,9691,929 Sq.Ft.5/9/202556th Ave7932$570,7221,614 Sq.Ft.5/19/202556th St37732$486,5233,075 Sq.Ft.5/24/202556th Street Ct1042$591,5001,970 Sq.Ft.5/9/202557th Ave10032$514,7781,352 Sq.Ft.4/8/202557th Ct142$637,0002,112 Sq.Ft.7/11/201857th St22632$448,9321,420 Sq.Ft.5/22/202557th Street Ct3332$580,8791,834 Sq.Ft.12/9/202458th Ave15332$606,8102,065 Sq.Ft.4/2/202558th Avenue Ct443$712,2502,138 Sq.Ft.12/15/202058th St28042$535,6682,189 Sq.Ft.5/5/202558th Street Ct1933$705,0532,390 Sq.Ft.9/26/202459th Ave5332$525,7921,409 Sq.Ft.4/17/202559th Avenue Ct633$809,6672,604 Sq.Ft.3/2/202359th St23632$445,4891,494 Sq.Ft.4/18/202559th Street Ct1832$554,0561,918 Sq.Ft.2/26/202560th Ave2942$647,6552,103 Sq.Ft.6/29/202360th St34532$449,1201,898 Sq.Ft.5/19/202560th Street Ct2732$644,2592,261 Sq.Ft.7/25/202461st Ave4432$652,8142,910 Sq.Ft.10/11/202461st Avenue Ct743$698,4292,185 Sq.Ft.7/29/202461st St26832$462,1471,494 Sq.Ft.6/2/202561st Street Ct1532$575,4002,006 Sq.Ft.12/6/202362nd Ave9232$680,6812,137 Sq.Ft.2/3/202562nd St30032$445,4981,447 Sq.Ft.5/7/202562nd Street Ct443$886,2503,612 Sq.Ft.3/3/202163rd Ave5032$695,2402,071 Sq.Ft.2/4/202563rd Avenue Ct1043$1,021,6003,626 Sq.Ft.7/9/202463rd St23632$454,9351,375 Sq.Ft.5/30/202564th Ave6732$675,9182,125 Sq.Ft.5/7/202564th Avenue Ct1N/AN/A$345,000N/A3/10/201764th St37832$475,8211,904 Sq.Ft.6/1/202565th Ave6032$665,9182,094 Sq.Ft.4/30/202465th St21532$443,4451,619 Sq.Ft.5/15/202565th Street Ct832$567,1251,705 Sq.Ft.6/8/202266th Ave7732$687,5972,118 Sq.Ft.2/10/202566th Avenue Ct2143$565,8571,669 Sq.Ft.11/1/202466th St20732$458,6412,748 Sq.Ft.4/18/202566th Street Ct543$904,8002,547 Sq.Ft.7/20/202267th Ave3532$527,8822,927 Sq.Ft.4/27/202467th Avenue Ct1522$625,7331,680 Sq.Ft.7/18/202467th Pl731$514,2861,283 Sq.Ft.12/2/202167th St12132$456,2162,150 Sq.Ft.3/14/202568th Ave3132$575,7101,529 Sq.Ft.5/7/202568th St22932$459,9001,630 Sq.Ft.5/29/202568th Street Ct1743$578,1182,314 Sq.Ft.1/24/202569th Ave422$647,0001,700 Sq.Ft.1/28/202169th St8132$478,9742,178 Sq.Ft.1/15/202570th Ave322N/A$412,0004,698 Sq.Ft.11/18/202470th St16332$457,9121,501 Sq.Ft.5/28/202571st St3132$396,7331,500 Sq.Ft.4/16/202471st Street Ct1442$487,8571,853 Sq.Ft.10/9/202472nd St39832$511,8244,065 Sq.Ft.6/5/202572nd Street Ct343$602,0002,814 Sq.Ft.5/28/202173rd St10432$384,9321,817 Sq.Ft.1/6/202573rd Street Ct8132$380,0491,590 Sq.Ft.12/11/202474th Avenue Ct242$592,0002,002 Sq.Ft.10/8/200974th St17742$477,0335,292 Sq.Ft.3/31/202574th Street Ct3442$502,1213,804 Sq.Ft.9/27/202175th St9042$468,2781,646 Sq.Ft.5/16/202575th Street Ct232$567,5001,695 Sq.Ft.7/23/201476th St14832$498,3552,578 Sq.Ft.5/21/202576th Street Ct5042$578,4682,248 Sq.Ft.5/21/202577th St4832$406,8301,259 Sq.Ft.4/2/202577th Street Ct2032$385,1001,420 Sq.Ft.12/16/202478th Ave2932$599,2411,640 Sq.Ft.3/21/202510 Ivy Ridge LnOakville, WA 98568
Estimated Value $540,000
Living Area 1,512 SqFt
Beds 3
Baths 2
Year Built 2002
Property Type Manufactured Homes
Ownership Type Related
APN 160419440030
Subdivision Capitol Ridge
School District Oakville School District
936 S Bank RdOakville, WA 98568
Estimated Value $508,000
Living Area 1,936 SqFt
Beds 3
Baths 2
Year Built 1993
Property Type Single Family
Ownership Type Related
APN 170528320020
Subdivision Rod Salsman Surv
School District Elma School District
8 Bennett LnOakville, WA 98568
Estimated Value $553,000
Living Area 2,112 SqFt
Beds 4
Baths 2
Year Built 2006
Property Type Single Family
Ownership Type Individual
APN 741000002000
Subdivision Cedarville Fosters
School District Oakville School District
230 Oak Meadows LnOakville, WA 98568
Estimated Value $650,000
Living Area 1,940 SqFt
Beds 3
Baths 2
Year Built 2006
Property Type Single Family
Ownership Type Related
APN 160526340010
Subdivision Oak Mdws
School District Oakville School District
90 Ross RdOakville, WA 98568
Estimated Value $491,000
Living Area 1,809 SqFt
Beds 4
Baths 2
Year Built 2003
Property Type Manufactured Homes
Ownership Type Related
APN 160524420070
Subdivision Grays Harbor County Short
School District Oakville School District
267 Oak Meadows LnOakville, WA 98568
Estimated Value $582,000
Living Area 2,844 SqFt
Beds 3
Baths 1
Year Built 1978
Property Type Single Family
Ownership Type Individual
APN 160535110030
Neighborhood
N/A
School District Oakville School District
24 Bennett LnOakville, WA 98568
Estimated Value $482,000
Living Area 1,940 SqFt
Beds 3
Baths 2
Year Built 2006
Property Type Single Family
Ownership Type Related
APN 741000001800
Subdivision Cedarville Fosters
School District Oakville School District
101 Riding RdOakville, WA 98568
Estimated Value $668,000
Living Area 1,869 SqFt
Beds 3
Baths 3
Year Built 2008
Property Type Single Family
Ownership Type Related
APN 170529430040
Neighborhood
N/A
School District Elma School District
13 Meyers LnOakville, WA 98568
Estimated Value $714,000
Living Area 2,490 SqFt
Beds 3
Baths 2.5
Year Built 2007
Property Type Single Family
Ownership Type Related
APN 160509440050
Subdivision Grays Hbr Cnty Large Lt
School District Oakville School District
305 S Newton StOakville, WA 98568
Estimated Value $334,000
Living Area 1,368 SqFt
Beds 3
Baths 2.5
Year Built 1981
Property Type Single Family
Ownership Type Individual
APN 083501400700
Subdivision City Of Oakville
School District Oakville School District
265 Oak Meadows LnOakville, WA 98568
Estimated Value $423,000
Living Area 2,070 SqFt
Beds 3
Baths 2
Year Built 2005
Property Type Manufactured Homes
Ownership Type Individual
APN 160526440030
Subdivision Oak Mdws
School District Oakville School District
103 Riding RdOakville, WA 98568
Estimated Value $606,000
Living Area 4,260 SqFt
Beds 3
Baths 2.5
Year Built 2008
Property Type Single Family
Ownership Type Individual
APN 170529440010
Neighborhood
N/A
School District Elma School District
49 Cedar Ridge LnOakville, WA 98568
Estimated Value $580,000
Living Area 2,304 SqFt
Beds 3
Baths 1.75
Year Built 2004
Property Type Single Family
Ownership Type Related
APN 160419430080
Subdivision Capitol Ridge
School District Oakville School District
243 Butler Mill RdElma, WA 98541
Estimated Value $436,000
Living Area 1,737 SqFt
Beds 3
Baths 2
Year Built 1980
Property Type Single Family
Ownership Type Individual
APN 170526210040
Neighborhood Porter
School District Elma School District
403 E Harris AveOakville, WA 98568
Estimated Value $332,000
Living Area 988 SqFt
Beds 3
Baths 1.5
Year Built 1973
Property Type Single Family
Ownership Type Related
APN 083501100900
Subdivision City Of Oakville
School District Oakville School District
305 S 4th StOakville, WA 98568
Estimated Value $358,000
Living Area 1,236 SqFt
Beds 3
Baths 2.5
Year Built 2005
Property Type Single Family
Ownership Type Related
APN 083002000001
Subdivision Line
School District Oakville School District