4510 S Warner Street, Tacoma, WA 98409

$1,090,000
3,536
SqFt

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Listing courtesy of Wilcox Real Estate. Selling Office: Whisper Real Estate.

Sold Price
$1,090,000
List Price
$1,150,000
Status
SOLD
MLS#
2386061
Closing Date
Dec 19, 2025
Days on Market
148
Style
54 - 4-Plex
Building Condition
Very Good
Finished SqFt
3,536
Area Total SqFt
3536
Annual Tax Ammount
1966
Internet Provider
Comcast
Lot Size (sq ft)
3,175
Sewer
Sewer Connected

Property Description

Fully occupied Tacoma Mall 4-plex with strong income and modern finishes—rare 2022 build with minimal maintenance. Enjoy significant property tax savings from a 12-year land-only exemption (9 years remaining). Units feature open-concept layouts, LVP flooring, stainless appliances, custom cabinets, in-unit laundry, and ductless mini-splits. Gated entry, landscaped courtyard, off-street parking. Prime location near I-5, transit, and shopping.

Additional Information

List Date
2025-07-24 00:00:00
Community
South Tacoma
Net Operating Income
$72,354
Gross Adjusted Income
$94,871
Gross Scheduled Income
$99,864
Total Monthly Income
$8,322
Insurance Expenses
$955
Gross Rent Multiplier
15.3
Cap Rate
6.03
Vacancy Rate
5
Total Number of Units
4
Unit Name
4510
Potential Terms
Cash Out, Conventional
Year Built
2022
Roof
See Remarks
Site Features
Cable TV, Fenced-Fully, Gated Entry, High Speed Internet, Sprinkler System
Energy Source
Electric
School District
Tacoma
Total Monthly Income
$8,322
Gross Scheduled Income
$99,864
Vacancy Rate
5
Gross Adjusted Income
$94,871
Tax Year
2025
Insurance Expense
$955
Net Operating Income
$72,354
Gross Rent Multiplier
15.3
Cap Rate
6.03
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.
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