Techniques for co-imaging tissue stiffness and blood flow using a single MRI scan are disclosed. The methods use a combined gradient waveform that provides adequate sensitivity for concurrent encodings of flow and tissue stiffness. During a scan, the application of the combined gradient waveform, in the presence of an applied oscillatory motion, simultaneously encodes both flow and stiffness information into the phase of the resulting MRI image. To separate the flow information from the tissue displacement caused by the oscillatory motion, a Fourier transform applied along the direction of applied oscillatory motion. After the transformation, baseband information (flow velocity) may be separated from modulated information (tissue displacement). The separated data may be used to create a velocity map and a displacement map, which can then be converted to a stiffness map.