Under $500K Investment Properties for Sale in Tacoma, WA

Tacoma, WA offers strong investment opportunities in properties under $500k, with ample inventory including condos, townhomes, and single-family homes. Recent data shows steady demand driven by military presence and port activity, supporting rental yields around 6-7%. Average rents hover near $1,800 monthly, while cap rates of 5-6% provide solid cash flow potential. Appreciation has averaged 4% annually amid population growth to nearly 200,000 residents. Renter-occupied units exceed 45%, ensuring reliable tenant pools for under-$500k acquisitions.