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
78th St11532$456,5144,611 Sq.Ft.6/5/202578th Street Ct4632$441,6251,616 Sq.Ft.3/5/202579th St6332$504,9621,668 Sq.Ft.12/15/202379th St Ct132$504,0001,212 Sq.Ft.N/A79th Street Ct2232$449,1671,632 Sq.Ft.2/15/202480th St28932$515,4332,802 Sq.Ft.5/30/202581st Avenue Ct432$661,2502,198 Sq.Ft.N/A81st St1132$427,4551,453 Sq.Ft.11/1/202381st Street Ct1243$616,6672,671 Sq.Ft.4/10/202482nd St7932$464,1273,280 Sq.Ft.6/12/202482nd Street Ct2132$292,5711,500 Sq.Ft.9/6/202483rd St3732$462,7571,495 Sq.Ft.11/21/202483rd Street Ct2932$408,0001,578 Sq.Ft.10/30/202484th St22832$509,5463,004 Sq.Ft.5/5/202584th Street Ct743$522,1432,043 Sq.Ft.8/11/202085th St10532$454,8532,255 Sq.Ft.4/7/202585th Street Ct3842$483,0561,937 Sq.Ft.6/3/202586th St12632$480,8951,622 Sq.Ft.9/26/202486th Street Ct2433$654,9132,175 Sq.Ft.3/26/202587th Ave1243$740,3332,757 Sq.Ft.5/10/202287th St5032$502,2081,662 Sq.Ft.4/2/202587th Street Ct2432$622,0002,199 Sq.Ft.12/16/202488th Ave1033$900,5002,560 Sq.Ft.11/8/202488th St17232$523,1781,607 Sq.Ft.2/5/202588th Street Ct1732$316,0591,623 Sq.Ft.8/18/202389th Ave1332$595,3851,617 Sq.Ft.7/31/202489th Avenue Ct633$626,6671,885 Sq.Ft.8/11/202389th St622$137,0001,342 Sq.Ft.N/A90th St20632$485,2412,657 Sq.Ft.4/1/202590th Street Ct5842$449,7411,779 Sq.Ft.5/31/202591st Ave107N/AN/AN/A596 Sq.Ft.N/A91st St12532$466,5361,560 Sq.Ft.6/7/202591st Street Ct2132$728,2382,871 Sq.Ft.1/16/202592nd St21132$526,9342,287 Sq.Ft.12/10/202492nd Street Ct1432$541,0001,597 Sq.Ft.7/24/202493rd St15532$489,9351,582 Sq.Ft.5/2/202593rd Street Ct1242$525,0001,803 Sq.Ft.7/3/202494th St11532$460,6901,817 Sq.Ft.5/20/202594th Street Ct732N/A1,564 Sq.Ft.4/16/202595th St11132$497,9621,547 Sq.Ft.12/9/202495th Street Ct332N/A1,897 Sq.Ft.12/2/202496th St33032$472,3723,657 Sq.Ft.5/17/202596th Street Ct265$757,0002,857 Sq.Ft.5/28/201397th Ave2622$335,4003,085 Sq.Ft.5/20/202597th St13432$491,2111,567 Sq.Ft.6/2/202597th Street Ct843$406,7501,877 Sq.Ft.3/16/202198th Ct165$793,0003,056 Sq.Ft.9/18/201598th St12232$490,8361,649 Sq.Ft.4/15/202598th Street Ct1743$464,7061,815 Sq.Ft.10/17/202499th St22032$452,2181,791 Sq.Ft.5/12/202599th Street Ct3832$460,1881,286 Sq.Ft.12/5/2024100th1N/AN/A$222,000N/A6/29/2022100th St10132$515,7531,893 Sq.Ft.10/11/2024100th Street Ct5632$493,9263,156 Sq.Ft.5/7/2024101st St7532$465,6301,477 Sq.Ft.4/21/2025101st Street Ct4632$448,8041,637 Sq.Ft.10/30/2024102nd St13632$476,1351,803 Sq.Ft.4/23/2025102nd Street Ct2032$471,6001,575 Sq.Ft.1/15/2025103rd Avenue Ct1042$752,9002,948 Sq.Ft.5/5/2023103rd St8232$526,7971,908 Sq.Ft.2/1/2025103rd Street Ct354$663,6672,180 Sq.Ft.4/21/2022104th Avenue Ct832$552,0001,690 Sq.Ft.5/27/2008104th St19932$509,0295,302 Sq.Ft.2/7/2025104th Street Ct1832$499,6001,382 Sq.Ft.5/20/2025105th Ave1143$762,3643,188 Sq.Ft.9/26/2021105th Avenue Ct2022$433,0001,084 Sq.Ft.7/10/2024105th St7432$460,7612,211 Sq.Ft.5/2/2025105th Street Ct4532$491,9385,273 Sq.Ft.11/12/2024106th Ave133$533,0001,922 Sq.Ft.3/5/1997106th Avenue Ct1143$680,5452,411 Sq.Ft.10/26/2020106th St9232$449,6741,958 Sq.Ft.8/15/2024106th Street Ct2342$471,0001,660 Sq.Ft.12/21/2023107th Ave742$574,1431,784 Sq.Ft.3/4/2025107th St10632$455,3501,453 Sq.Ft.4/9/2025107th Street Ct844$575,1252,055 Sq.Ft.4/25/2024108th Ave4532$531,7622,827 Sq.Ft.5/23/2024108th Avenue Ct1132$531,4551,529 Sq.Ft.8/5/2023108th St16932$450,2271,898 Sq.Ft.5/30/2025108th Street Ct5443$443,2602,078 Sq.Ft.5/9/2024109th Ave4532$513,6671,733 Sq.Ft.10/22/2024109th St5532$464,0933,128 Sq.Ft.4/22/2025109th Street Ct6732$359,1901,360 Sq.Ft.3/28/2025110th Ave2832$490,6791,367 Sq.Ft.4/17/2024110th Avenue Ct122$430,0001,361 Sq.Ft.2/10/2021110th St17632$430,0002,039 Sq.Ft.6/9/2025110th Street Ct1422$443,3854,467 Sq.Ft.9/14/2020111th Ave1432$515,6431,549 Sq.Ft.2/10/2025111th St11632$464,5781,507 Sq.Ft.4/4/2025112th Ave432$531,2501,902 Sq.Ft.9/7/2010112th St31832$480,9445,888 Sq.Ft.3/31/2025112th Street Ct932$419,0001,459 Sq.Ft.4/18/2022113th Ave1032$518,7001,623 Sq.Ft.8/16/2024113th St17232$405,5061,417 Sq.Ft.2/27/2025113th Street Ct432$146,2501,496 Sq.Ft.N/A114th Ave3332$522,3031,900 Sq.Ft.12/9/2024114th Avenue Ct131$408,0001,056 Sq.Ft.8/27/2024114th St17032$415,0001,456 Sq.Ft.5/29/2025114th Street Ct1132$351,4551,424 Sq.Ft.12/5/2018115th Ave642$489,6671,467 Sq.Ft.4/13/2023115th St17132$440,0241,483 Sq.Ft.6/2/20255875 Us Highway 12Oakville, WA 98568
Estimated Value $520,000
Living Area 1,200 SqFt
Beds 2
Baths 3
Year Built 1983
Property Type Manufactured Homes
Ownership Type Related
APN 170534220010
Neighborhood
N/A
School District Elma School District
47 Langabeer RdOakville, WA 98568
Estimated Value $429,000
Living Area 1,296 SqFt
Beds 3
Baths 2
Year Built 2000
Property Type Manufactured Homes
Ownership Type Multiple
APN 160515320020
Neighborhood
N/A
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
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
211 Williams Creek RdOakville, WA 98568
Estimated Value $609,000
Living Area 1,500 SqFt
Beds 4
Baths 2
Year Built 1983
Property Type Manufactured Homes
Ownership Type Related
APN 160522330030
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
6101 Us Highway 12Oakville, WA 98568
Estimated Value $582,000
Living Area 1,336 SqFt
Beds 3
Baths 2
Year Built 1939
Property Type Single Family
Ownership Type Individual
APN 160503130020
Neighborhood
N/A
School District Oakville School District
1806 S Bank RdOakville, WA 98568
Estimated Value $546,000
Living Area 2,112 SqFt
Beds 4
Baths 2
Year Built 2006
Property Type Single Family
Ownership Type Individual
APN 741000000300
Subdivision Cedarville Fosters
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
5993 Us Highway 12Oakville, WA 98568
Estimated Value $221,000
Living Area 520 SqFt
Beds 3
Baths 2
Year Built 1964
Property Type Manufactured Homes
Ownership Type Individual
APN 170534310020
Neighborhood
N/A
School District Elma School District
309 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
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
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
66 Cedar Ridge LnOakville, WA 98568
Estimated Value $688,000
Living Area 3,700 SqFt
Beds 3
Baths 4
Year Built 2001
Property Type Single Family
Ownership Type Related
APN 160419430030
Subdivision Capitol Ridge
School District Oakville School District
501 Williams Creek RdOakville, WA 98568
Estimated Value $316,000
Living Area 924 SqFt
Beds 2
Baths 3
Year Built 1979
Property Type Manufactured Homes
Ownership Type Individual
APN 160520310030
Subdivision William Creek Estates
School District Oakville School District
8 Craftdale RdOakville, WA 98568
Estimated Value $785,000
Living Area 3,419 SqFt
Beds 2
Baths 2.5
Year Built 2008
Property Type Single Family
Ownership Type Related
APN 160510330030
Neighborhood
N/A
School District Oakville School District