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
161st Street Ct1032$518,2001,663 Sq.Ft.2/2/2024162nd St5932$565,3731,878 Sq.Ft.5/23/2025162nd Street Ct5132$635,3331,946 Sq.Ft.12/20/2024163d St142$536,0001,730 Sq.Ft.N/A163rd St7232$552,1831,695 Sq.Ft.5/20/2025163rd Street Ct3232$517,7102,365 Sq.Ft.10/10/2024164th St4343$533,4522,109 Sq.Ft.2/5/2025165th St3543$524,8572,023 Sq.Ft.3/30/2023165th Street Ct1333$519,4621,829 Sq.Ft.9/8/2022166th Street Ct2843$489,7501,895 Sq.Ft.2/19/2025167th St4943$500,0611,758 Sq.Ft.7/19/2024167th Street Ct2643$517,4621,842 Sq.Ft.9/9/2024168th St753$648,8572,208 Sq.Ft.5/30/2014168th Street Ct1833$492,6111,797 Sq.Ft.9/23/2024169th St1332$508,7691,890 Sq.Ft.3/29/2025169th Street Ct2032$684,2002,298 Sq.Ft.5/14/2024170th St2833$594,9292,089 Sq.Ft.1/22/2025170th Street Ct1332$618,4622,183 Sq.Ft.6/17/2024171st St3433$526,7942,016 Sq.Ft.5/16/2025172nd St2932$567,7931,878 Sq.Ft.9/25/2024172nd Street Ct1432$513,4291,555 Sq.Ft.7/20/2024173rd St4243$582,3102,183 Sq.Ft.4/5/2024174th St2832$509,6071,840 Sq.Ft.5/8/2025176th St3332$624,47117,646 Sq.Ft.12/24/2024176th Street Ct843$623,6252,854 Sq.Ft.10/2/2024177th St5542$550,6731,951 Sq.Ft.10/7/2024177th Street Ct3032$528,6672,063 Sq.Ft.4/16/2025178th St4232$513,0241,922 Sq.Ft.3/6/2025179th St2843$682,1542,709 Sq.Ft.10/8/2024179th Street Ct4933$530,1431,982 Sq.Ft.6/3/2025180th St6043$575,2122,039 Sq.Ft.2/14/2024180th Street Ct1743$632,6472,400 Sq.Ft.6/7/2024181st St4043$576,6502,425 Sq.Ft.11/22/2024182nd St1532$513,2311,738 Sq.Ft.8/7/2023183rd Ct142$706,0001,788 Sq.Ft.5/20/2021183rd St232$546,5001,494 Sq.Ft.2/20/2004183rd Street Ct2932$590,3452,051 Sq.Ft.7/7/2022184th St1932$536,25011,385 Sq.Ft.2/6/2025184th Street Ct732$501,2861,870 Sq.Ft.6/19/2006185th St1932$632,6842,328 Sq.Ft.10/22/2019185th Street Ct5142$519,3331,966 Sq.Ft.3/18/2025186th St3133$460,6771,548 Sq.Ft.3/21/2024186th Street Ct1442$555,0002,158 Sq.Ft.12/29/2022187th St5032$498,1742,049 Sq.Ft.9/20/2024187th Street Ct132$521,0001,188 Sq.Ft.2/1/2001188th St432$736,0002,454 Sq.Ft.8/22/2024189th Ave1N/AN/AN/AN/A2/21/1996189th St2932$484,8281,971 Sq.Ft.10/4/2021189th Street Ct1343$571,4622,572 Sq.Ft.5/10/2024190th St1133$555,5452,453 Sq.Ft.9/5/2023190th Street Ct943$530,6672,205 Sq.Ft.12/4/2024191st St432$694,5002,573 Sq.Ft.8/30/2022191st Street Ct2143$529,6192,239 Sq.Ft.8/2/2024192d St133$613,0001,916 Sq.Ft.N/A192nd St3942$602,39330,285 Sq.Ft.5/2/2025194th St1N/AN/AN/AN/A1/15/1999196th St1N/AN/AN/A2,512 Sq.Ft.N/A224th St5N/AN/A$381,750N/A3/31/2021296th St3N/AN/A$333,333N/AN/A341st St1N/AN/A$242,000N/AN/A344th Avenue Ct1N/AN/A$284,000N/A7/18/2019353rd Pl343$846,0003,157 Sq.Ft.7/11/20172108a 2110 Union Ave133$903,0002,832 Sq.Ft.11/20/1996A B 106th Street Ct165$679,0002,782 Sq.Ft.5/13/2014A B 62nd Street Ct186$938,0004,656 Sq.Ft.6/8/2012A B C S 58th St154$577,0002,878 Sq.Ft.4/2/2004A-B N 26th St142$710,0002,493 Sq.Ft.N/AA & B N Yakima Ave1N/AN/AN/A3,473 Sq.Ft.7/22/2019A B S Ainsworth Ave164$745,0003,276 Sq.Ft.12/30/1999A B S M St142$567,0001,738 Sq.Ft.1/10/2017A B S Puget Sound Ave11210$1,059,0004,936 Sq.Ft.9/11/2014A & B S Sheridan Ave122$431,0001,672 Sq.Ft.4/25/2022A & B S Verde St152$523,0001,504 Sq.Ft.5/18/2022A-C N I St143$709,0002,218 Sq.Ft.5/17/2016Acorn Way1332$516,8461,637 Sq.Ft.9/6/2023Adams St33932$580,2663,563 Sq.Ft.5/28/2025A-D S Steele St1N/AN/AN/A9,600 Sq.Ft.8/13/2015Agnes Rd2743$850,0002,634 Sq.Ft.5/2/2025Ainsworth Ave67432$497,0901,986 Sq.Ft.6/10/2025Alameda Ave142$590,0002,768 Sq.Ft.11/7/2019Alaska Ct1243$593,2502,127 Sq.Ft.9/14/2024Alaska St45532$480,7282,302 Sq.Ft.5/30/2025Alder St38332$557,4941,709 Sq.Ft.5/27/2025Alder Way532$798,6672,592 Sq.Ft.10/14/2015Alexander Ave41N/AN/AN/A53,399 Sq.Ft.7/8/2016Alki St444$1,800,7505,234 Sq.Ft.4/14/2023Altheimer St743N/A1,893 Sq.Ft.12/12/2023Amber Rd443$715,5002,867 Sq.Ft.9/21/2022American Lake Blvd3531$377,4411,006 Sq.Ft.3/28/2025Anderson St26532$591,9321,584 Sq.Ft.3/27/2025Aquaduct Dr1N/AN/AN/AN/A1/30/2019Aqueduct Dr5032$568,7692,355 Sq.Ft.3/18/2025Argyle Pl622$547,8331,802 Sq.Ft.8/3/2023Arizona Ave1832$459,1671,385 Sq.Ft.5/19/2025Arlington Dr38N/AN/A22,862 Sq.Ft.N/AArthur St732$998,7142,357 Sq.Ft.10/28/2024Ash St14442$479,9052,587 Sq.Ft.2/28/2025Asotin Ct1432$494,2501,623 Sq.Ft.9/10/2024Asotin St31732$464,1471,505 Sq.Ft.5/19/2025Aspen St843$657,1252,004 Sq.Ft.4/6/202140 Bennett LnOakville, WA 98568
Estimated Value $553,000
Living Area 2,292 SqFt
Beds 4
Baths 2.5
Year Built 2006
Property Type Single Family
Ownership Type Related
APN 741000001600
Subdivision Cedarville Fosters
School District Oakville School District
33 Bennett LnOakville, WA 98568
Estimated Value $458,000
Living Area 1,864 SqFt
Beds 3
Baths 2
Year Built 2006
Property Type Single Family
Ownership Type Multiple
APN 741000001000
Subdivision Cedarville Fosters
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
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
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
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
66 Bartell RdOakville, WA 98568
Estimated Value $401,000
Living Area 1,504 SqFt
Beds 3
Baths 1
Year Built 1941
Property Type Single Family
Ownership Type Individual
APN 160504220020
Neighborhood
N/A
School District Elma School District
88 Langabeer RdOakville, WA 98568
Estimated Value $952,000
Living Area 4,680 SqFt
Beds 4
Baths 3
Year Built 1970
Property Type Single Family
Ownership Type Individual
APN 160516140000
Neighborhood
N/A
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
519 Williams Creek RdOakville, WA 98568
Estimated Value $210,000
Living Area 671 SqFt
Beds 2
Baths 1.75
Year Built 2015
Property Type Cabin/Vacation Residence
Ownership Type Individual
APN 160520320060
Subdivision Williams Creek Estates
School District Oakville School District
84 Lewis RdOakville, WA 98568
Estimated Value $383,000
Living Area 1,152 SqFt
Beds 2
Baths 2
Year Built 1980
Property Type Manufactured Homes
Ownership Type Related
APN 160522230020
Neighborhood
N/A
School District Oakville School District
610 Cedar St WOakville, WA 98568
Estimated Value $499,000
Living Area 2,872 SqFt
Beds 5
Baths 2
Year Built 1894
Property Type Single Family
Ownership Type Individual
APN 616043032005
Subdivision Oak
School District Oakville School District
230 Butler Mill RdElma, WA 98541
Estimated Value $235,000
Living Area 1,020 SqFt
Beds 1
Baths 1
Year Built 1978
Property Type Single Family
Ownership Type Individual
APN 170526220060
Neighborhood Porter
School District Elma 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
30 Alfredson RdOakville, WA 98568
Estimated Value $640,000
Living Area 2,240 SqFt
Beds 3
Baths 2
Year Built 2019
Property Type Single Family
Ownership Type Related
APN 160524430020
Neighborhood
N/A
School District Oakville School District
119 N MurrayOakville, WA 98568
Estimated Value $536,000
Living Area 2,145 SqFt
Beds 3
Baths 1.75
Year Built 1923
Property Type Single Family
Ownership Type Individual
APN 160430410010
Subdivision Lls #2004-2245
School District Oakville School District