Pierce Homes with 54 - 4-Plex Style

Welcome to Pierce County, Washington – a vibrant and diverse region that beautifully blends natural beauty with urban convenience. Nestled between the majestic Cascade Mountains and the sparkling Puget Sound, Pierce County is known for its stunning landscapes, rich cultural heritage, and an array of recreational activities. Whether you're hiking through Mount Rainier National Park, exploring the charming town of Gig Harbor, or enjoying the bustling life of Tacoma, there’s something for everyone in this enchanting area.

One of the most appealing aspects of Pierce County real estate is the availability of homes with 54 - 4-Plex style configurations. These multi-family dwellings offer a unique opportunity for both investors and homeowners looking for a versatile living arrangement. The 4-Plex style homes provide the perfect blend of privacy and community, allowing residents to enjoy their own space while being part of a larger neighborhood. With four separate units under one roof, these properties are ideal for generating rental income or accommodating extended family.

The 4-Plex homes in Pierce County are often situated in family-friendly neighborhoods, close to schools, parks, and essential amenities. Imagine having the convenience of local shops, dining options, and outdoor activities just a stone's throw away! Plus, with the region’s growing economy and vibrant community spirit, investing in a 4-Plex here is not just a smart financial move; it’s also a chance to become part of a community that values connection and growth.

Explore the possibilities that await in Pierce County – where your dream home or investment opportunity is just around the corner!

Newest Pierce Homes with 54 - 4-Plex Style

$870,000

2560887 MLS ⋅ ACTIVE Status

BACK ON THE MARKET by popular demand! This turn-key and exceptionally maintained 4-plex offering strong, reliable rental income with thoughtful modern updates throughout the units. Building is fully rented and cash flows. This low-maintenance investment property is in excellent condition, with each unit featuring contemporary laminate flooring, newer hot water tanks, fresh interior paint, updated bathrooms, and crisp modern trim for a clean. Two units are leased at $1,800/month with newly signed leases, and the other two units are rented at $1,700/month—providing immediate, stable cash flow. Ideally located near shopping, dining, transit, and easy freeway access. This property appeals to commuters and long-term tenants. This property is perfect for all savvy investors being a smart addition to you investment portfolio.

4027 S Warner Street, Tacoma

Listing courtesy of Keller Williams Realty PS.

$949,950

2555721 MLS ⋅ ACTIVE Status

Turnkey Investor Dream in Downtown Sumner! Fully updated and completely remodeled, this highly desirable 4-plex (Units 1-4) offers unparalleled stability with zero vacancy under current ownership. Every unit features modern updates, making it a true hands-off asset for your portfolio. Perfect location close to shopping, dining, commuting corridors, and Sounder train access. Strong rental history with long-term, loyal tenants in place. Rare opportunity to acquire an impeccably maintained, cash-flowing property in a high-demand rental market!

15717 63rd Court St E Unit #1-4, Sumner

Listing courtesy of RE/MAX Realty South.

$1,250,000

2548507 MLS ⋅ ACTIVE Status

First time on the market... 2 University Place Duplexes on 2 separate parcels. (5208 / 5210 & 5214 / 5216) Each unit is approx 996 sf, 2 bedrooms, 1.75 baths/ea., 1 car garages, washer & dryer in ea unit, wood burning fireplace. Living area, kitchen, dining & 1/2 bath on the main floor. 2 bedrooms & 1.25 bath below. Semi Private setting with only these 4 units on the Dead End road. 2 units are vacant, 2 are rented at under market value. Please do not view without a real estate broker Please do not bother tenants.

5208 63rd Avenue Ct W, University Place

Listing courtesy of Engel & Volkers Chambers Bay.

$1,425,000

2546564 MLS ⋅ ACTIVE Status

Fully occupied, freshly upgraded, and sitting on a path of undeniable growth. The unit mix is exactly what tenants want: two spacious 3-bed/1-bath units and two 1-bed/1-bath units, each with covered porches, hardwood and fir floors, original built-ins, and gas forced air heat. Two units feature updated kitchens with stainless appliances and newer cabinetry.The heavy lifting is already done. A new water supply line, all-new supply plumbing, new sewer line, two new 80-gallon water heaters, and new furnaces mean a new owner steps into a mechanically sound asset with minimal deferred maintenance and maximum peace of mind.A five-bay garage off the alley represents untapped monthly income sitting largely uncaptured in the current rent roll, a straightforward path to pushing NOI higher without touching a single unit. Fully fenced backyard, unfinished basement with shared laundry, open storage, and four individual storage units round it out.Easy access to Tacoma's new light rail, Wright Park, and the medical center puts this property directly in the path of the city's most significant growth corridor. Proven tenancy. Turnkey systems.

315 N L Street, Tacoma

Listing courtesy of COMPASS.

$999,000

2542869 MLS ⋅ ACTIVE Status

Four Units!! Exceptional investment opportunity featuring a well-maintained fourplex situated on a spacious corner lot. Each thoughtfully designed unit offers 2 bedrooms and 2 bathrooms, including a private ensuite in the primary bedroom. Inviting living rooms feature cozy fireplaces, while bright kitchens with dining areas overlook the backyard. Sliding glass doors provide seamless access to private patios, creating an appealing indoor-outdoor living experience. Each unit also includes a dedicated laundry room and an attached one-car garage. Conveniently located near schools, shopping, dining, parks, and major commuter routes, this property offers strong rental appeal in a highly desirable location. Functional floor plans, spacious living areas, and a sought-after location make this an excellent opportunity for investors seeking a quality income-producing property.

15408 74th Avenue E, Puyallup

Listing courtesy of Keller Williams Rty Tacoma.

$998,750

2541782 MLS ⋅ ACTIVE Status

Turnkey investment opportunity in one of Lakewood's most sought-after rental pockets. This well-maintained fourplex features four 2BD/1BA units with in-unit washer/dryers. Three units are remodeled, leaving the fourth for immediate value-add upside. Excellent location just minutes from Joint Base Lewis-McChord (JBLM), Mount Tahoma High School, and Interstate 5. The property offers strong rental demand. Ample off-street parking and private patios complete an already compelling package. A rare chance to step into a largely stabilized asset with built-in growth potential - whether you're a seasoned investor or expanding your portfolio.

5607 76th Street W, Lakewood

Listing courtesy of Every Door Real Estate.

$749,950

2541857 MLS ⋅ ACTIVE Status

Investor opportunity! Well-maintained 4-plex featuring four 2-bedroom, 1-bath units in a convenient Tacoma location. Strong value-add potential with long-term tenants and significantly below-market rents, offering investors the opportunity to increase cash flow over time. Current ownership has intentionally kept rents low for many years. All tenants are currently on month-to-month leases, providing additional flexibility for future management and rent adjustments. Recent major capital improvement includes a new roof installed in 2025. Each unit offers functional layouts, off-street parking, and strong rental demand in the area. Ideal for investors seeking stable occupancy today with the ability to enhance returns through future rent adjustments. Conveniently located near shopping, dining, schools, transit, and major commuter routes. Rare opportunity to acquire a 4-plex with immediate income and significant long-term growth potential.

7525 10th Avenue Ct E, Tacoma

Listing courtesy of TS Property Management.

$1,350,000

2521673 MLS ⋅ ACTIVE Status

Outstanding investment opportunity in this solid 4-plex, built in 2006 and showing like new. Configured as two duplexes on one lot but permitted as a fourplex, each unit offers a generous 1,234 square feet with 3 bedrooms and 2 bathrooms—plenty of space to attract quality, long-term tenants. The exterior has been well maintained throughout, minimizing deferred maintenance concerns for a new owner. Conveniently located near 47th and South Tacoma Way, with easy access to shopping, dining, commuter routes and right next to the local school bus stop. A great addition for investors seeking a turnkey property with strong bones and dependable rental appeal.

4552 S Puget Sound Avenue, Tacoma

Listing courtesy of Redfin.

$975,000

2539840 MLS ⋅ ACTIVE Status

Looking for a great investment? This super clean 4 plex is just what you've been waiting for. Each unit has 2 bedrooms and 1 bath, good size living area and dining area. All units are in great shape and the roof is only a few months old! All remodeled inside and out several years ago, but they are still looking like new. Quartz countertops, stainless appliances and white cabinets. Each unit has a patio or deck and small storage unit. Laundry room on each floor, lot's of parking, huge lot, partial fenced. Close to schools, shopping, restaurants, bus, Spanaway Lake and JBLM. Great location! If your looking to build your portfolio, come take a look. Ask your Realtor to see the supplements page attached to listing!

122 169th Street E, Spanaway

Listing courtesy of John L. Scott, Inc.

$865,000

2527369 MLS ⋅ ACTIVE Status

Excellent Multi-Family Investment Opportunity in Downtown Puyallup!Well-maintained single-story 4-plex located in a desirable Puyallup location, offering strong rental appeal and investment potential. Situated at 322 7th St SW, this property features a practical one-level layout, appealing to a broad tenant base. Amenities include a shared on-site laundry room and convenient alley access, with Unit 4 offering the added benefit of private off-alley parking.Ideally located near downtown Puyallup amenities, shopping, dining, parks, and commuter routes, this property presents an outstanding opportunity for investors seeking stable income potential in a high-demand rental market. Add to your portfolio or invest in a versatile multi-family property with long-term upside.

322 7th Street SW Unit #1-4, Puyallup

Listing courtesy of Washington Realty Group.

$1,400,000

2521302 MLS ⋅ ACTIVE Status

The Fircrest investment opportunity you’ve been waiting for! This well-maintained fourplex features four spacious units, each offering 2 bedrooms and 1.5 baths. Inside, tenants enjoy a highly desirable layout complete with a cozy fireplace, an eat-in kitchen with granite countertops, a formal dining room, a walk-in closet, and an in-unit washer/dryer. Capitalize on a turnkey property featuring covered carport parking and dedicated storage spaces.

1461 Rainier Court, Fircrest

Listing courtesy of Berkshire Hathaway HS NW.

$979,999

2520517 MLS ⋅ ACTIVE Status

Stunning Victorian 4-plex spread over two buildings that were fully rebuilt from the studs out in 2018. These units blend historic character with modern luxury! All units are fully furnished, and the sale includes all furniture, linens, dishware, décor and household essentials—offering a truly turnkey, income-producing highly rated vacation rental property from day one (ratings listed below). Each unit features its own in-unit washer and dryer. Prime Hilltop location with excellent walkability to the Tacoma light rail, convention center, UW Tacoma, and local museums, plus less than a mile from three major hospitals (about a 3-minute drive or 5-minute bike ride), making it highly desirable for traveling professionals and 30+ day furnished rentals. Thoughtfully designed unit mix offers strong income potential across all four units. Unit 1 features a spacious 1 bed/1 bath (900 SF) with open living and dining layout, sleeping 3 and averaging $2,838/mo (4.86/5 Star Rating). Unit 2 is the largest at 3 bed/2 bath (1,335 SF), sleeping 8, highlighted by partial Mt. Rainier views and two private decks, averaging $3,841/mo (4.9/5 Star Rating). DADU lower unit includes 1 bed/1 bath (600 SF), tile flooring in a sleek kitchen, sleeping 2, averaging $2,745/mo (4.85/5 Star Rating). Upper DADU is a cozy 1 bed/0.75 bath (600 SF), also sleeping 2, averaging $2,443/mo (4.84/5 Star Rating). Excellent opportunity for investor or house-hack buyer seeking strong in-place income and flexibility.

1214 S I Street, Tacoma

Listing courtesy of Kelly Right RE of Seattle LLC.

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