4027 S Warner Street, Tacoma, WA 98409

$865,000
3,332
SqFt

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Listing courtesy of COMPASS. Selling Office: Keller Williams Realty PS.

Sold Price
$865,000
List Price
$865,000
Status
SOLD
MLS#
2452437
Closing Date
Jan 07, 2026
Days on Market
10
Style
54 - 4-Plex
Building Condition
Very Good
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

Investor’s Dream in the Heart of Tacoma! Don’t miss this turnkey 4-plex offering strong rental income & modern updates throughout. Each unit has been refreshed with new contemporary laminate flooring, new hot water tanks, fresh interior paint, updated bathroom vanities, sleek white 6-panel doors, & crisp white modern trim for a clean, cohesive look tenants love. With three units renting at $1,700/month and one at $1,600/month, this property delivers reliable cash flow & low-maintenance appeal. Conveniently located near shopping, dining, transit, and freeway access—perfect for commuters or long-term tenants. Sellers 3.5% interest rate VA loan is assumable! Whether you’re starting or expanding your portfolio, this property is a must-see!

Additional Information

List Date
2025-12-28 00:00:00
Community
South Tacoma
Net Operating Income
$56,915
Gross Adjusted Income
$76,380
Gross Scheduled Income
$80,400
Total Monthly Income
$6,700
Insurance Expenses
$2,400
Water/Sewer/Garbage Expenses
$8,580
Gross Rent Multiplier
10.76
Total Expenses
$19,465
Cap Rate
6.58
Vacancy Rate
5
Total Number of Units
4
Unit Name
4027
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1978
View
Territorial
Roof
Composition
Site Features
Cable TV, Fenced-Partially, Gated Entry, High Speed Internet
Energy Source
Electric
School District
Tacoma
Elementary School
Reed
Middle School
Giaudrone Mid Sch
High School
Foss
Total Monthly Income
$6,700
Gross Scheduled Income
$80,400
Vacancy Rate
5
Gross Adjusted Income
$76,380
Tax Year
2025
Insurance Expense
$2,400
W/S/G Expenses
$8,580
Total Expenses
$19,465
Net Operating Income
$56,915
Gross Rent Multiplier
10.76
Cap Rate
6.58
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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