


10133 Patterson Street STacoma, WA 98444
Multi-Family · 4 Beds · 1,176 Sq. ft. | 0.34 Acres10133 Patterson Street S Overview
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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.
10133 Patterson Street S Facts & Features
- Type Multi-Family
- Sq. ft. 1,176
- Price/Sq.ft. $535
- Lot 0.34 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Franklin Pierce
Income/Expenses
- Other Expense: 1260
- Electric Expense: 2580
- Fuel Expense: 2580
- Gross Scheduled Income: 46560
- Insurance Expense: 2255
- Net Operating Income: 30514
- Total Expenses: 16046
- Total Monthly Income: 3780
- Water/Sewer/Garbage: 2580
Building Information
- New Construction: No
- Year Built: 1972
Location/Region
- Country: US
- County Or Parish: Pierce
- MLS Area Major: 64 - Parkland/Midland
- Subdivision Name: Larchmont
Tax Information
- Tax Annual Amount: $4,791.00
- Tax Year: 2026
General Information
- Listing Terms: Cash, Conventional, FHA, VA Loan
- Parcel Number: 3810000864
- Possible Use: See Remarks
- Property Condition: Updated/Remodeled
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Parking Information
- Garage Spaces: 2
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 1176
- Building Area Units: Square Feet
- Calculated Square Footage: 1176
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Heating: Yes
- Leasable Area: 1750
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Stories Total: 1
Exterior
Parking Information
- Open Parking: No
- Parking Total: 10
- Parking Uncovered Total: 8
Lot Information
- Irrigation Water Rights: No
- Lot Features: Paved, Secluded, Value In Land
- Lot Size Acres: 0.3442
- Lot Size Square Feet: 14992
- Lot Size Units: Square Feet
- Elevation Units: Feet
Waterfront/View
- View: No
- Waterfront: No
Building Exterior/Construction
- Roof: Composition
- Structure Type: Duplex
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 2
- Exterior Features: Wood, Wood Products
- Number Of Units Total: 2
- Sewer: Sewer Connected
Unit Information
Unit 1 Details
- Actual Rent: 1900
- Beds Total: 2
- Baths Total: 1
Unit 2 Details
- Actual Rent: 1980
- Beds Total: 2
- Baths Total: 1
10133 Patterson Street S Neighborhood
Community
98444 (Tacoma) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.10133 Patterson Street S Monthly Cost
10133 Patterson Street S Market Data
Based on the last 30 days in this zip code
10133 Patterson Street S History
| Date | Value | Agent |
|---|---|---|
| 5/1/2026Source: NWMLS | May 01, 2026 |
|
| 6/20/2022Source: NWMLS | June 01, 2021 |
|
| 7/1/2021Source: NWMLS | Sold |






















