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.
Active
Listed by: Triwood Realty • David Joiner
$629,000
10133 Patterson Street S, Tacoma, WA 98444
4beds
2baths
1,176sqft
Duplex, Multi Family
Built in 1972
-- sqft lot
$623,000 Zestimate®
$535/sqft
$-- HOA
What's special
Modern higher-end finishesTastefully updated duplex
- 122 days
- 43
- 0
Zillow last checked:
Listing updated:
Listed by:
David Joiner,
Triwood Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2512903
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Baseboard, Wall Furnace, Electric
Cooling
- None
Features
- Has fireplace: No
Interior area
- Total structure area: 1,176
- Total interior livable area: 1,176 sqft
Property
Parking
- Total spaces: 10
- Parking features: Garage
- Garage spaces: 2
- Uncovered spaces: 8
Lot
- Size: 0.34 Acres
- Features: Paved, Secluded, Value In Land
Details
- Parcel number: 3810000864
- Zoning description: See Remarks,Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
Materials
- Wood Siding, Wood Products
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1972
- Major remodel year: 1990
Utilities & green energy
- Sewer: Sewer Connected
Community & HOA
Community
- Subdivision: Larchmont
Location
- Region: Tacoma
Financial & listing details
- Price per square foot: $535/sqft
- Annual tax amount: $4,791
- Date on market: 4/30/2026
- Cumulative days on market: 124 days
- Listing terms: Conventional,FHA
Estimated market value
$623,000
$592,000 - $654,000
$1,930/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Listed for sale | $629,000+48.9%$535/sqft |
Source: | ||
| 6/28/2021 | Sold | $422,500+5.9%$359/sqft |
Source: | ||
| 4/28/2021 | Pending sale | $399,000$339/sqft |
Source: | ||
| 4/23/2021 | Listed for sale | $399,000$339/sqft |
Source: | ||
| 3/4/2020 | Listing removed | $399,000$339/sqft |
Source: Better Properties NW #1567910 Report a problem | ||
| 3/2/2020 | Listed for sale | $399,000$339/sqft |
Source: Better Properties NW #1567910 Report a problem | ||
| 2/24/2020 | Pending sale | $399,000$339/sqft |
Source: Better Properties NW #1567910 Report a problem | ||
| 2/21/2020 | Listed for sale | $399,000$339/sqft |
Source: Better Properties NW #1567910 Report a problem | ||
| 9/17/2019 | Listing removed | $1,250$1/sqft |
Source: Stability Properties Report a problem | ||
| 7/4/2019 | Listed for rent | $1,250$1/sqft |
Source: Stability Properties, LLC Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment







