10133 Patterson Street S, Tacoma, WA 98444

Multi-Family Home
Built in 1972
0.34acre lot
2 car garage
$——/sqft
Listed 19 days ago

Property Description

Positioned in a desirable South Tacoma location within unincorporated Pierce County, this tastefully updated duplex offers a rare blend of immediate cash flow and long-term development upside. Each unit generates approximately $1,700/month in reliable rental income, making this an attractive turnkey investment with strong in-place returns. The property has been thoughtfully upgraded with modern, higher-end finishes that appeal to quality tenants, helping ensure consistent occupancy and rental stability. What truly sets this property apart is its Urban Corridor (UC) zoning designation, opening the door to a wide range of future development possibilities. UC zoning is intended to support higher-density residential and mixed-use projects, allowing for potential redevelopment into multi-family housing, townhomes, or even a mixed-use building with commercial space on the ground level and residential units above (buyer to verify with Pierce County). This creates a compelling opportunity for investors and developers alike to capitalize on the area’s continued growth and demand for housing. Whether you choose to hold and enjoy steady income, or plan for a future redevelopment project, this property offers flexibility, strong fundamentals, and upside potential in a growing corridor. Opportunities like this—combining current performance with forward-looking potential—are increasingly hard to find.

Listing Status:: Active
Data Last Updated:: May 20, 2026 at 8:21PM
Listing Office:: Triwood Realty : 253-686-1967
Listing Agent:: David Joiner : 253-686-1967
MLS ID:: 2512903

A/C: None
Heating: BaseboardWall Furnace
Fireplace: Fireplaces: 0

General: WoodWood Products
Parking: Parking spaces: 10

Roofing: Composition
General: 52 - Duplex

HOA Amenities: 0.0
Originating MLS: nwmls
School District: Franklin Pierce
County: Pierce

Zoning: 3810000864

Sewer: Sewer Connected

Source: nwmls

This listing courtesy of David Joiner , Triwood Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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