MLS #2512903 / Listing provided by NWMLS & Triwood Realty.
$629,000
10133 Patterson Street S
Tacoma,
WA
98444
Sq Ft
Per Sq Ft
Year Built
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.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Garage Spaces: 2
- Parking Total: 10
- Total Uncovered Parking Spaces: 8
Structure
- Roof: Composition
- Exterior Features: Wood, Wood Products
Lot Details
- Lot Features: Paved, Secluded, Value In Land
- Acres: 0.3442
Schools
- High School District: Franklin Pierce
Lot Details
- Lot Features: Paved, Secluded, Value In Land
- Acres: 0.3442
Power
- Energy Source: Electric
Water, Sewer, and Garbage
- Sewer: Sewer Connected
- Water, Sewer, and Garbage: 2580
Amber Jensen
Broker | REALTOR®
Send Amber Jensen an email