5218 Warner Street Unit #A/B, Tacoma, WA 98409

$329,500
1,016
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of Dulay Homes LLC. Selling Office: Gateway Real Estate.

Sold Price
$329,500
List Price
$329,500
Status
SOLD
MLS#
2377076
Closing Date
Jul 31, 2025
Days on Market
36
Style
52 - Duplex
Finished SqFt
1,016
Area Total SqFt
1016
Annual Tax Ammount
3770
Lot Size (sq ft)
5,000
Sewer
Sewer Connected

Property Description

Investor Special! This Tacoma duplex offers a prime value-add opportunity in a multifamily zone. Each side previously rented for $1,200/month, with proforma rents of approx. $1,500/month post-cosmetic rehab. The property needs TLC and is ideal for flippers, developers, house hacking and BRRR. Located close to Tacoma Mall with easy access to I-5, it sits on a large flat lot that may offer potential for expansion, additional units or DADU (buyer to verify). Don’t miss this opportunity to unlock value in a growing area! All offers will be considered

Additional Information

List Date
2025-06-25 00:00:00
Community
South Tacoma
Net Operating Income
$22,630
Gross Adjusted Income
$28,800
Gross Scheduled Income
$28,800
Total Monthly Income
$2,400
Insurance Expenses
$1,200
Water/Sewer/Garbage Expenses
$1,200
Gross Rent Multiplier
12
Total Expenses
$6,170
Cap Rate
6.5
Total Number of Units
2
Unit Name
5218
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1920
View
Territorial
Roof
Composition
Site Features
Fenced-Fully, Patio
Energy Source
Electric
School District
Tacoma
Elementary School
Edison
Middle School
Gray
High School
Foss
Total Monthly Income
$2,400
Gross Scheduled Income
$28,800
Gross Adjusted Income
$28,800
Tax Year
2024
Insurance Expense
$1,200
W/S/G Expenses
$1,200
Total Expenses
$6,170
Net Operating Income
$22,630
Gross Rent Multiplier
12
Cap Rate
6.5
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.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks