Pierce County Homes with 42 - Multi-Family Style

Welcome to Pierce County, Washington, a vibrant region that perfectly blends urban sophistication with the tranquility of nature. Nestled between the stunning Cascade Mountains and the shimmering Puget Sound, Pierce County is a haven for outdoor enthusiasts and city dwellers alike. With a rich history and a diverse community, this county offers a unique lifestyle that caters to everyone—from families to young professionals.

When it comes to real estate, Pierce County boasts an impressive array of multi-family homes that cater to a variety of living situations. These properties are ideal for investors seeking to expand their portfolios or for families looking for spacious living arrangements. Multi-family homes in this area typically feature modern amenities, generous living spaces, and are strategically located near schools, parks, and shopping centers.

Living in a multi-family home in Pierce County means you can enjoy the convenience of community living while still having your own private space. Many of these homes are designed with energy efficiency in mind, ensuring that you not only save on utility bills but also contribute to a sustainable future. Plus, the diverse neighborhoods—from the bustling streets of Tacoma to the serene suburbs of Puyallup—offer something for everyone.

Whether you’re drawn to the stunning natural landscapes or the rich cultural experiences, Pierce County is a place where you can truly thrive. Explore the possibilities of multi-family living here, and discover why so many choose to call this enchanting region home. Your dream home awaits in Pierce County!

Newest Pierce County Homes with 42 - Multi-Family Style

$799,000

2594232 MLS ⋅ ACTIVE Status

Fully Approved 13-Unit Development Opportunity | Tacoma Shovel-ready infill project with zero entitlement risk. City building & site development permits are fully approved—just pay issuance fees, attend one pre-con meeting, and pull permits to break ground.Project Highlights:• Lot: 4,563 SF corner parcel at S G & S 23rd St; Downtown Residential (DR) zoning, zero yard setbacks & alley access • Program: 13 units (4 studios, 9 one-bedrooms) totaling 6,244 net SF • Structure: 4-story Type VA wood-frame, R-2 occupancy, NFPA 13R fire suppression • Permits: Approved Graves architectural set (BLDCN23-0082, SDEV23-0391, WO23-0145) • Tax Advantage: Eligible for Tacoma’s 12-Year MFTE property tax exemption, boosting stabilized NOI The Numbers: • Hard costs track well below King County at ~$210–$255/gross SF • Strong demand from UW Tacoma, MultiCare, Port of Tacoma & JBLM • Projected gross rent: $20,500–$22,500/mo at ~95% occupancy (Studios: $1,250–$1,400 | 1-BD: $1,550–$1,850)Entitlement Risk Removed: Architectural review, SEPA, civil engineering, and city planning cycles are complete. Eliminate the soft-cost burn and step directly into vertical execution.Mminutes from the Tacoma Dome and Downtown core. Quick access to I-5, Hwy 16, the Tacoma Link Light Rail extensions, and the Sounder Train at Tacoma Dome Station. 1–2 miles of University of Washington Tacoma (UWT), MultiCare Tacoma General Hospital, St. Joseph Medical Center.Walkable urban hub.permitted plans included in price

2302 S G Street Unit #1-13, Tacoma

Listing Broker: Skyline Properties, Inc.; Donna Marshall; 425-422-0954; mdonnam44@gmail.com

$700,000

2574968 MLS ⋅ ACTIVE Status

What an opportunity! Just off Canyon Rd, this expansive property offers 7.54 acres across two separate parcels (Parcel #0419183021 is 1.80 acres and Parcel #0419183011 is 5.74 acres). Two parcels create exciting possibilities for future development or an easy boundary line adjustment. The property is Zoned Urban Corridor - "This zone classification allows for high-density, multifamily residential, retail/shopping, grocery, restaurants, office, civic uses, and other amenities and services. The classification allows for auto-oriented uses and larger square footage retailers in order to capture spillover growth from the Centers and establish transit-supportive densities". An updated wetland field map and survey have already been completed. Showings by appointment only. Buyer to verify all information.

13928 59th Avenue E, Puyallup

Listing Broker: Windermere Prof Partners; Curtis Gibson; 253-691-2521; curtisgibson@windermere.com

$695,000

2575393 MLS ⋅ ACTIVE Status

Rare Downtown Tacoma development opportunity! Approx. 1/3-acre site zoned WR (Warehouse/Residential), offering flexible potential for multifamily, mixed-use, retail, office, live/work and other permitted uses. Up to 100' building height and no minimum off-street parking requirement within Tacoma's Downtown Reduced Parking Area create excellent development efficiency. Just blocks from UW Tacoma and within walking distance of Sound Transit T Line stations, the site is well positioned for transit-oriented development. Qualifying multifamily projects may also be eligible for Tacoma's MFTE property-tax exemption program. Flexible zoning, strong transit access, proximity to UW Tacoma, and optional assemblage make this an exceptional investment or development opportunity. Buyer to verify zoning, development capacity, MFTE eligibility, parking, utilities and all other requirements.

2123 Tacoma Avenue S, Tacoma

Listing Broker: MLS4owners.com; Chris C. Nye; 253-460-1900; sales@mls4owners.com

$550,000

2572637 MLS ⋅ ACTIVE Status

Rare Puyallup opportunity! Nearly 1 acre ideally located minutes from Downtown Puyallup with convenient access to shopping, dining, schools, commuter routes & Sounder. Zoned RM-10 and offering exciting multifamily potential, with preliminary work showing potential for up to 6 units. Alternatively, the property offers a unique opportunity to create a custom single-family estate-style riverfront residence, with room to enjoy added space, privacy & a beautiful natural setting. Whether envisioned as a development project, investment, or private estate, this property offers exceptional flexibility and potential in a highly convenient location. Buyer to verify all development potential, zoning, utilities, permitting & feasibility to their satisfaction.

6314 Milwaukee Avenue E, Puyallup

Listing Broker: Windermere RE/Lake Tapps, Inc; Josh Kumar; 253-304-6385; joshkumar@windermere.com

$1,100,000

2570686 MLS ⋅ ACTIVE Status

Rare opportunity to bring a 12-home townhome community to life in a sought-after Puyallup location. Situated just minutes from Meridian's shopping, dining, and commuter routes, the project is pending final plat approval and includes spacious 2- and 3-bedroom floor plans ranging from 1,600 to 1,900 square feet with attached garages. Delivered ready for your vision, this offering allows a builder or investor to customize finishes and branding while capitalizing on strong demand for modern, low-maintenance housing in a thriving market.

113 27th Avenue SE, Puyallup

Listing Broker: Skyline Properties, Inc.; Richard Wilson; 253-301-8841; richardleeiv4@gmail.com

$220,000

2563565 MLS ⋅ ACTIVE Status

Prime Real Estate Opportunity in Vibrant Downtown Tacoma! Nestled within the thriving urban landscape, this 3,000 sq ft lot presents a rare opportunity for investors. Boasting a coveted WR Zoning classification for Multi-family, Commercial, Business, Retail Storefront and a dynamic Mixed-use Development. The property is in close proximity to an array of amenities including eateries, entertainment, transportation hubs, historic & cultural attractions. Commuting & connectivity are effortless, making it an ideal location for residents and business alike.

2505 Tacoma Avenue S, Tacoma

Listing Broker: Goldhouse Realty; Libby Williams; 253-202-5452; libby@goldhouserealty.com

$1,600,000

2559936 MLS ⋅ ACTIVE Status

Pleased to present 19010 B Street East, Spanaway, Washington, a 2.19-acre infill development site zoned Urban Corridor (UCOR) within Pierce County jurisdiction. The UCOR designation provides flexible development opportunities, including attached single-family homes, townhomes, and multifamily residential development. The property is supported by a massing study demonstrating the potential for approximately 72 to 84 multifamily units. In addition, significant due diligence work has already been completed, including land survey, tree, biological, environmental, geotechnical (soils), and traffic studies. The site also benefits from a Pierce County 8-inch PVC sewer main stubbed to the property, providing critical utility infrastructure to support future development. Further enhancing the site, Pierce County’s CRP 5111 roadway improvement project (B Street East – 176th to 192nd Street East) is scheduled for construction in 2027 and will deliver new curb, gutter, sidewalk, and ADA-compliant ramps along the frontage and surrounding street network, significantly improving access, connectivity, and long-term development readiness. With much of the preliminary planning and entitlement groundwork already in place, this opportunity significantly reduces the time and risk associated with the entitlement process while accelerating the path toward project approval and construction in one of Pierce County’s fastest-growing submarkets.

19010 B Street, Spanaway

Listing Broker: Kidder Mathews; David A. Kelley; 360-705-2800; austin.kelley@kidder.com

$4,595,000

2551037 MLS ⋅ ACTIVE Status

A rare and exceptional development opportunity in one of Gig Harbor North's fastest-growing corridors. This 11+ acre parcel is ideally positioned directly across from St. Anthony Hospital and within Gig Harbor city limits, offering outstanding potential under the City's updated zoning. With the recent increase in allowable density from 6 to 12 units per acre, developers have an incredible opportunity to maximize the site's potential. For a 55+ active adult community, even greater density may be permitted, making this an ideal location for age-restricted housing or a thoughtfully planned multifamily development. The property offers partial views of Henderson Bay and the Olympic Mountains, creating the opportunity for residences with beautiful western sunsets and scenic outlooks. Existing utilities, including sewer, water, natural gas, and electricity, are available from Canterwood Boulevard, helping streamline future development. Located just minutes from Highway 16, Canterwood Golf & Country Club, shopping, restaurants, and everyday amenities, this property combines an exceptional location with strong investment potential. Opportunities of this size, location, and development potential within Gig Harbor city limits are increasingly rare.

Canterwood Boulevard, Gig Harbor

Listing Broker: Windermere Prof Partners; Cindy Marchand; 253-320-0334; cmarchand@windermere.com

$1,500,000

2537950 MLS ⋅ ACTIVE Status

2.4-acre development site in high-growth South Pierce County, zoned Urban Corridor (UC). UC permits high-density multifamily up to 60 units/acre. Buyer can pursue a substantial multifamily or townhome program subject to site fit, height, and parking. Located within 0.5 mile of the new Spanaway Transit Center, the site may qualify for reduced or exempt parking under transit-oriented standards (buyer to verify). Dual access from 208th St E and 16th Ave E offers strong site-planning flexibility. Walkable to Fred Meyer and daily retail; minutes from SR-7 and Amazon's 1.1M SF Spanaway fulfillment campus. Sewer extension underway on 208th St E with expected completion this Fall. A rare high-density land play in a supply-constrained submarket with expanding employment and proven rental demand.

1713 208th Street E, Spanaway

Listing Broker: Northmarq Multifamily, LLC; Taylor Wyman; 952-356-0100; twyman@northmarq.com

$899,900

2536502 MLS ⋅ ACTIVE Status

Prime Tacoma UR-3 Transit-Oriented Development Opportunity. Rare opportunity to acquire 2 contiguous parcels totaling approximately 21,000 sq ft in Tacoma’s desirable UR-3 Transit-Oriented Development (TOD) zone. Ideally positioned along a major transit and commercial corridor, this site offers exceptional redevelopment potential w/preliminary density estimates of approximately 28 base units & the possibility of up to 72 units through bonus density programs, subject to City approval, site feasibility, MFTE eligibility, parking, stormwater, fire access & other development standards. The property consists of 2 tax lots (15,000 sq ft & 6,000 sq ft) & may be suitable for apartments, condos, townhomes, mixed-use projects, multiplexes & other residential uses allowed under current zoning. Located adjacent to public transit & across from commercial services, restaurants, shopping & daily conveniences, the site offers a highly walkable lifestyle. Future residents may enjoy easy access to transportation, employment centers, retail & dining without relying heavily on personal vehicles. A single-family residence occupies the rear portion of the property & may be remodeled or removed depending on the buyer’s intended use. Value is primarily in the land & its significant development potential. Property addresses: 1219 E 72nd St & 1229 E 72nd St, Tacoma. Outstanding opportunity for developers & investors seeking strong density potential in a growing transit-served location.

1219 &1229 E 72nd, Tacoma

Listing Broker: RE/MAX Equity Group; Lorna Murray; 503-680-1221; LornaMurrayHomes@icloud.com

$1,600,000

2525374 MLS ⋅ ACTIVE Status

PRIME MULTI-FAMILY WORKFORCE DEVELOPMENT SITE. 12 YEAR exemption from the statewide rental cap. Outside the Tacoma Landlord Fairness Code area. 98 units ready for permitting. Zero market rate units under construction in this market. Development opportunity in Tacoma's South End comprising two parcels totaling 173,922 SF (±3.99 acres) with approximately 126,023 SF (±2.89 acres) of net developable area. The eastern portion along the Clover Creek corridor is preserved as a natural tree conservation buffer. Zoned NCOR , the site supports multi-family residential construction up to 45 feet in height. A 25% parking reduction has been secured through Transit-Proximity and Affordable Housing incentives, bringing the requirement down from 147 to 111 stalls and meaningfully improving project economics. The approved plan accommodates two multi-story buildings of up to four floors, served by a single driveway access off A Street, surface parking throughout, and an on-site stormwater infiltration system. Building B includes a ground-floor leasing office, mail room, and elevator; Building A includes an elevator niche in the south wing. All major utilities are accessible at the site via Parkland Light & Water (water and power), Pierce County (sewer), Puget Sound Energy (gas), and CenturyLink/Comcast (telecom and cable). The site falls within the Franklin Pierce School District #402 and is served by Central Pierce Fire & Rescue. buyer to verify all information to their satisfaction.

13617 A Street S, Tacoma

Listing Broker: Parkside Realty, LLC; Lisa Racca; 253-405-1791; lisa@lisaracca.com

$2,600,000

2522396 MLS ⋅ ACTIVE Status

Rare investment opportunity! Just over 4.5 acres of vacant land zoned high density residential in the fast-growing community of Spanaway. Preliminary design already done for 120-unit apartment complex with access off of both 6th Ave E and 8th Ave E. (See attached supplement) All utilities are already on site or in the street. Recently appraised for 2.9 M (See atached appraised value statment) Complete appraisal available with accepted offer. Second parcel address is listed as 19525 6th Ave E. Both parcels are adjoining and being sold together.

19608 8th Avenue E, Spanaway

Listing Broker: Better Properties Real Estate; Rob Morrison; 253-381-7699; robsbetterproperties@gmail.com

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