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10133 Patterson St S , Tacoma, WA 98444
$629,000
Est. Payment: $3,052.62/mo
4 Bed
2 Bath
1176 Sqft
Status: active | Days on site: 59
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.
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Highlights

Listed by David Joiner , 253-686-1967 Triwood Realty , 253-686-1967. Northwest Multiple Listing Service

Property Type

Multi-Family
Lot/Acreage
0.34

Year Built

1972

County

Pierce

Area

64 - Parkland/Midland

 Neighborhood

Larchmont

 School District

Franklin Pierce

Listing ID

2512903

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:

Exterior Features

Lot:Paved,Secluded,Value In Land,Zoning: See Remarks
Garage Capacity:10
Zoning:See Remarks
Roof:Composition
Others:Wood,Wood Products,Updated/Remodeled
Sewer:Sewer Connected
Principal Interest
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$3,053
Taxes
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$399

Home Price

$629,000

Home Price

Loan Details

30 yrs
6.11%

Interest Rate

Loan Type

Down Payment

20%
$125,800

Down Payment

Down Payment %

All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,052.62

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,052.62 $399.25 $0.00 $3,451.87
Yearly $36,631.40 $4,791.00 $0.00 $41,422.40
Total $1,098,942.06 $143,730.00 $0.00 $1,242,672.06
Lender profile image
Preferred1765470255 Lender1765470255
My Title 1765470255
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Market insight data is pulled from the same city as the listing being viewed (Tacoma, WA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Estimated Payment, Market Insight Calculations, School and Neighborhood Information provided by Blueroof360

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Data last updated: 2026-06-29T09:25:13.000Z

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