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
Court2N/AN/AN/A1 Sq.Ft.1/7/2008Court A2N/AN/AN/A4,124 Sq.Ft.5/23/2022Court C2721N/A938 Sq.Ft.N/ACourt D141N/A2,511 Sq.Ft.10/26/2021Court F1N/AN/AN/A12,800 Sq.Ft.N/ACourt G2723$453,1202,171 Sq.Ft.4/10/2025Court L2043$557,3001,622 Sq.Ft.12/3/2024Court M1133$463,6001,264 Sq.Ft.12/3/2024Court Q3553$614,4292,430 Sq.Ft.10/23/2024Court R943$475,7781,746 Sq.Ft.10/11/2024Crandall Ln921$396,833929 Sq.Ft.4/26/2021Croft St4132$436,8291,278 Sq.Ft.1/29/2025Crystal Springs Pl332$540,3332,748 Sq.Ft.10/28/2019Crystal Springs Rd6632$773,9063,375 Sq.Ft.3/4/2025C St48232$532,7383,769 Sq.Ft.5/22/2025C Street Ct443$531,7502,063 Sq.Ft.8/13/2020Cushman Ave58932$486,5701,589 Sq.Ft.5/15/2025Cushman Ct442$473,7501,506 Sq.Ft.2/18/2016Cypress Point Ave1633$824,2502,818 Sq.Ft.4/21/2025Dahl Dr3632$608,4721,643 Sq.Ft.2/19/2025Dale1N/AN/AN/AN/A12/31/2008Dale St243$1,136,0003,595 Sq.Ft.3/11/2014Dammann Rd632$519,8331,680 Sq.Ft.12/29/2023Darien Dr1932$858,1112,462 Sq.Ft.6/2/2025Dash Point Blvd3632$907,4172,396 Sq.Ft.4/10/2025Davis Ct1643$1,165,0003,265 Sq.Ft.8/30/2024Davis Ln332$518,6671,785 Sq.Ft.12/19/2023Day Island Blvd321$550,6671,451 Sq.Ft.8/7/2018Defiance St18632$579,0381,507 Sq.Ft.5/28/2025Deidra Cir832$878,8752,221 Sq.Ft.5/8/2024Delin St4332$332,000676 Sq.Ft.2/8/2022Division Ave3732$559,9523,579 Sq.Ft.10/18/2024Division Ct733$529,0001,532 Sq.Ft.12/20/2021Division Ln6132$471,1381,588 Sq.Ft.5/28/2025Dock Residual St1N/AN/AN/A181,613 Sq.Ft.N/ADock St25911$604,2923,093 Sq.Ft.6/11/2025Dogwood St3132$758,9002,120 Sq.Ft.5/3/2025Drake St453$838,7502,705 Sq.Ft.10/21/2022D St86932$499,2223,489 Sq.Ft.6/5/2025Dumas Cir2443$844,0002,816 Sq.Ft.10/30/2024Durango131$341,000870 Sq.Ft.6/7/2013Durango St14131$465,6022,362 Sq.Ft.4/21/2025Duryea Ln1042$687,2002,311 Sq.Ft.11/15/2023Earnest S Brazill St3542$485,9001,754 Sq.Ft.11/15/2024East Rd1743$1,344,2353,167 Sq.Ft.2/7/2025Edwards Ave1843$604,7781,718 Sq.Ft.11/26/2024E-Echo Forest 12 Ave1N/AN/A$307,000N/A6/7/2021Eells St1N/AN/AN/AN/AN/AEnetai Ave2432$701,3751,982 Sq.Ft.11/19/2024E St36032$512,6562,775 Sq.Ft.5/13/2025Everett St4743$577,7872,124 Sq.Ft.9/17/2024Evergreen Pl243$720,5002,464 Sq.Ft.12/12/2017Fairbanks St11432$429,5001,356 Sq.Ft.2/21/2025Fairview Dr5333$1,123,5773,062 Sq.Ft.8/30/2024Fairwood Blvd12432$578,7094,285 Sq.Ft.5/30/2025Farwest Dr832$504,2501,640 Sq.Ft.6/10/2025Fawcett Ave68931$448,1672,807 Sq.Ft.5/30/2025Ferdinand Dr2432$512,6671,580 Sq.Ft.11/11/2024Ferdinand St32532$565,8951,577 Sq.Ft.6/6/2025Fernside Dr5543$1,196,4553,238 Sq.Ft.8/7/2024Ferry2N/AN/AN/AN/AN/AFerry St9132$474,7351,411 Sq.Ft.2/15/2025Fife St56832$494,4421,563 Sq.Ft.5/19/2025Fife Way141$471,000920 Sq.Ft.3/22/2007Firlands Dr2431$510,7921,638 Sq.Ft.3/11/2025Fir St5133$883,2552,687 Sq.Ft.2/24/2025Fishing Wars Memorial Xing16N/AN/AN/AN/AN/AFive Views Rd1332$744,5381,919 Sq.Ft.4/5/2022Forest St2N/AN/A$98,0007,800 Sq.Ft.12/16/2021Foster Pl1742$923,0632,430 Sq.Ft.2/23/2023Frace Ave11932$771,5462,285 Sq.Ft.5/7/2025Frace St9132$587,8561,638 Sq.Ft.3/3/2025Frances Ave6632$924,6822,424 Sq.Ft.1/8/2025Fremont Cir532$754,0002,060 Sq.Ft.11/29/2024Fremont St5033$908,4802,541 Sq.Ft.8/16/2024Frontage Rd2N/AN/AN/A10,595 Sq.Ft.N/AF St35932$454,8442,337 Sq.Ft.5/28/2025Galleon Ct2333$791,3042,366 Sq.Ft.3/10/2025Galleon Dr5233$852,8462,507 Sq.Ft.12/27/2024Garfield Rd1343$1,538,0773,951 Sq.Ft.9/27/2024Garfield St5632$421,5335,282 Sq.Ft.5/12/2025Gay Rd8532$514,8161,609 Sq.Ft.11/26/2024Geiger Cir453$944,5003,054 Sq.Ft.6/13/2024Geiger St10142$654,3801,986 Sq.Ft.5/19/2025George St3931$403,1181,215 Sq.Ft.7/25/2024Gilreath St331$522,6671,446 Sq.Ft.9/16/1999Golden Given Rd32732$478,8641,741 Sq.Ft.5/29/2025Gove St29932$582,6321,657 Sq.Ft.3/24/2025Grand Loop4622$1,037,9253,637 Sq.Ft.5/12/2025Grandview Ave10032$469,6481,564 Sq.Ft.5/16/2025Grandview Dr21122$412,3931,287 Sq.Ft.4/18/2025Grandview St3232$519,2811,949 Sq.Ft.2/21/2025Grant Ave19332$514,3511,986 Sq.Ft.5/16/2025Granville Ave933$914,6672,404 Sq.Ft.11/21/2023Gratzer Rd932$450,7781,607 Sq.Ft.11/17/2021Green Hills Ave6132$548,2621,511 Sq.Ft.12/26/2024Gregory St2232$452,6821,492 Sq.Ft.5/23/2025Gregory Street Ct1332$444,2501,267 Sq.Ft.6/1/2021Grove Pl1721$404,8241,078 Sq.Ft.6/10/2022G St1,03232$511,9192,383 Sq.Ft.5/28/202519 Shorthorn LnOakville, WA 98568
Estimated Value $436,000
Living Area 1,536 SqFt
Beds 3
Baths 2
Year Built 2007
Property Type Single Family
Ownership Type Individual
APN 741000002400
Subdivision Cedarville Fosters
School District Oakville School District
105 W Eagle StOakville, WA 98568
Estimated Value $368,000
Living Area 1,228 SqFt
Beds 3
Baths 2.5
Year Built 2006
Property Type Single Family
Ownership Type Multiple
APN 082000601300
Subdivision Fitzgerald
School District Oakville School District
294 Elma Gate Rd WOakville, WA 98568
Estimated Value $441,000
Living Area 1,782 SqFt
Beds 3
Baths 2
Year Built 2003
Property Type Manufactured Homes
Ownership Type Related
APN 160523110010
Neighborhood
N/A
School District Oakville School District
31 Cedar Ridge LnOakville, WA 98568
Estimated Value $549,000
Living Area 2,776 SqFt
Beds 4
Baths 2.5
Year Built 2009
Property Type Single Family
Ownership Type Individual
APN 160419440020
Subdivision Capitol Ridge
School District Oakville School District
21 Cedarville Gardens LnOakville, WA 98568
Estimated Value $876,000
Living Area 3,083 SqFt
Beds 4
Baths 2.75
Year Built 1986
Property Type Agricultural / Rural
Ownership Type Related
APN 717525600001
Subdivision Cedarville Garden
School District Oakville School District
10 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
310 E Oak StOakville, WA 98568
Estimated Value $340,000
Living Area 1,286 SqFt
Beds 3
Baths 2
Year Built 1997
Property Type Single Family
Ownership Type Individual
APN 083501200400
Subdivision City Of Oakville
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
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
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
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
40 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
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
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
2110 S Bank RdOakville, WA 98568
Estimated Value $522,000
Living Area 1,032 SqFt
Beds 2
Baths 2
Year Built 2008
Property Type Single Family
Ownership Type Related
APN 160526440060
Subdivision Grays Hbr Cntry Large Lt 200
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