Rockhood
$629,000List price
Active

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 School
SchoolDigger 1 star · Top 77% in WA

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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.