Tier One Funding
Market Intelligence
Fix & Flip Market Report

ZIP 98409 · Tacoma, WA

26 completed flips in the last 12 months, $145K median gross margin, 138-day median hold. Real public-record data, flipper-level detail, free.

Completed Flips (12 mo)
26
Median Gross Margin
$145K
Median Hold
138 days
Median Home Value
$429K

Market snapshot

Population
28,645
Median Household Income
$65,245
Median Home Value
$429,237
Median Rent
$1,980

This report covers ZIP 98409, Tacoma, WA. Demographic and housing figures blend U.S. Census ACS 5-year estimates with current rental listings. Flip-activity figures come from public county records of real estate transactions in the last 12 months, filtered to exclude wholesale deals, family transfers, and new construction.

Flipper activity in ZIP 98409

In the last 12 months, 26 properties in ZIP 98409 were bought and resold by investors, matching a real-flip profile (28 to 540 day hold, purchase of $25K or more, no new construction, rebuilds, iBuyers or multi-parcel sales; money-losing flips included). The typical flip cleared $145K in gross margin before rehab, carrying, and closing costs, with a median hold time of 138 days.

Top flippers in the zip

RankFlipper / LLCFlips
1LAKEVIEW LOAN SERVICING LLC2
2WESTSIDE INVESTMENTS LLC2
3FEDERAL HOME LOAN MORTGAGE CORPORATION2
4REFERN LLC2
5RIORDAN DEVELOPMENT LLC1

Recent example

6814 S LAWRENCE ST, TACOMA, WA, 98409 · RIORDAN DEVELOPMENT LLC
Bought $130,000, sold $190,000 (+$60K), held 28 days.

Recent investor purchases in ZIP 98409

15 investor purchases in ZIP 98409 in the last 6 months, at a median price of $325K. 60% were all-cash. These are the investors competing for deals in this zip right now.

DatePropertyInvestorPricePaid with
Oct 28, 20262502 S 74TH STAR BUILDERS LLC$325KCash
Oct 22, 20265910 S VERDE STSIGNATURE KITCHEN & REMODEL LLC$331KFinanced
Oct 21, 20265828 S WARNER STHAPPY NEIGHBORS 125 LLC$258KFinanced
Oct 19, 20266604 S MADISON STWIN WA BID LLC$385KFinanced
Oct 14, 20266602 S JUNETT STHERNANDEZ-GUERRERO DOMINGO$309KFinanced
Oct 13, 20266231 S PROSPECT STELITE COMFORT CORP$208KFinanced
Oct 13, 20266814 S LAWRENCE STE T A L HOLDINGS LLC$190KCash
Sep 30, 20267043 S CLEMENT AVEGUGA SAMUEL$345KFinanced
Sep 29, 20266615 S HUSON STKAMANA PROVIDENCE$480KCash
Sep 29, 20266611 S HUSON STKAMANA PROVIDENCE$480KCash

See all 15 investor purchases in 98409

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More of Tacoma

See every zip, the latest investor purchases and flips across the city on the Tacoma, WA fix-and-flip market report.

See every flip in 98409, with full buyer and deal details

The full tool shows every flip transaction with buyer entity, exact purchase price, sale price, margin, and hold time. Plus the complete flipper leaderboard, comps for any address, rental analysis, and our T1F Market Score.

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Nearby markets in WA

Same-state markets near ZIP 98409. Click any to see its fix-and-flip snapshot.

Tier One Funding
Direct bridge & fix-and-flip lender

We built this tool. We also write the loans on flips just like the ones above.

$1B+
Funded
3 days
Typical close
No
Interior appraisal or inspection
17
States

About this data

Flip transactions: Pulled from public county recording records via SFR Analytics. Filtered to investor purchases resold 28 to 540 days later (shorter holds are wholesale or assignment deals). New construction, rebuilds, iBuyers, homebuilders, multi-parcel sales, family transfers and purchases under $25K are excluded. Money-losing flips are included, so margins reflect the real range of outcomes.

Gross margin: Sale price minus purchase price. Does not include rehab, carrying, or closing costs. Use our Deal Calculator to model full project returns.

Demographics and rent: Population, median household income, and median home value from U.S. Census ACS 5-year estimates (2022). Rental figures reflect current listings from SFR Analytics.

Why we built this: Tier One Funding is a direct bridge and fix-and-flip lender. We built this free tool because flippers kept asking us, "What are the real numbers in my market?" and there was no free answer that wasn't buried behind a paywall. Use the data to decide where to buy, then call us when you need bridge capital.