10133 Patterson Street S · Tacoma, WA 98444
Source: NWMLS · Triwood Realty · David Joiner #NWM2512903
About this home
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.
Location
Basics
- Property type
- Multi Family
- Style
- Duplex
- Stories
- 1 story
- Condition
- Updated/Remodeled
- Year built
- 1972 (renovated 1990)
- Building area
- 1,176 sq ft
- Lot size
- 14,992 sq ft (0.34 acres)
- County
- Pierce
- MLS #
- NWM2512903
Interior
- Heating
- Baseboard, Wall Furnace
- Cooling
- None
Exterior & lot
- Exterior features
- Wood, Wood Products
- Roof
- Composition
- Lot features
- Paved, Secluded, Value In Land
- Waterfront
- No
Parking
- Parking spaces
- 10
- Garage
- 2
- Covered spaces
- 2
Utilities
- Sewer
- Sewer Connected
- Power
- Electric
Community & fees
- Subdivision
- Larchmont
- Property tax
- $4,791 (2026)
Transaction
- Listed on
- May 1, 2026
- Days on market
- 142
- Listing terms
- Cash, Conventional, FHA
- Possession
- Closing, Subject To Tenant Rights
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2006-09-29
- Sold$225,000
Schools
School district: Franklin Pierce
- High
- Washington High SchoolSchoolDigger 1 star · Top 77% in WA

Listing provided courtesy of: Triwood Realty
Listing agent: David Joiner.
Based on information submitted to the MLS GRID as of —. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-05-01.