4031 S Warner Street, Tacoma, WA 98409
- $785,000
- 3,332
- SqFt
Listing courtesy of Real Broker LLC. Selling Office: Specialty Real Estate Group.
- Sold Price
- $785,000
- List Price
- $865,000
- Status
- SOLD
- MLS#
- 2358306
- Closing Date
- Jul 15, 2025
- Days on Market
- 63
- Style
- 54 - 4-Plex
- Finished SqFt
- 3,332
- Area Total SqFt
- 3332
- Annual Tax Ammount
- 8485
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 6,350
- Sewer
- Sewer Connected
Property Description
Fully rented 4-plex in Tacoma!! This is being sold with the neighboring 4 plex at 4031 S Warner, MLS #2358318. Owner is willing to sell one or both listings together. Great location. Close to Tacoma Mall. Each unit has 2 bedrooms, 1 full bath, dining rm & living rm w/ fireplace. Kitchens have stove, refrigerator & dishwasher. Full sized washer & dryer. Each unit has a large inside storage room. 5 parking spots (potential income source), + street parking, sidewalks & alley access. On bus line. 2 units on main, 2 units upper level. Low maintenance units, Tacoma City utilities and on sewer. Easy to manage. All units are on Month to Month rent.
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Additional Information
- List Date
- 2025-05-13 00:00:00
- Community
- South Tacoma
- Net Operating Income
- $47,627
- Gross Adjusted Income
- $58,082
- Gross Scheduled Income
- $75,744
- Total Monthly Income
- $6,450
- Insurance Expenses
- $2,400
- Water/Sewer/Garbage Expenses
- $7,105
- Gross Rent Multiplier
- 11
- Total Expenses
- $17,990
- Cap Rate
- 5.5
- Vacancy Rate
- 5
- Total Number of Units
- 4
- Unit Name
- 4031
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1978
- Roof
- Flat
- Site Features
- Cable TV, High Speed Internet
- Energy Source
- Electric
- School District
- Tacoma
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $6,450
- Gross Scheduled Income
- $75,744
- Vacancy Rate
- 5
- Gross Adjusted Income
- $58,082
- Tax Year
- 2025
- Insurance Expense
- $2,400
- W/S/G Expenses
- $7,105
- Total Expenses
- $17,990
- Net Operating Income
- $47,627
- Gross Rent Multiplier
- 11
- Cap Rate
- 5.5
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.