4028 S Lawrence Street, Tacoma, WA 98409
- $799,950
- 3,328
- SqFt
Listing courtesy of Pellego, Inc..
- List Price
- $799,950
- Status
- ACTIVE
- MLS#
- 2576805
- Days on Market
- 5
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 3,328
- Area Total SqFt
- 3328
- Annual Tax Ammount
- 9013
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 8,125
- Sewer
- Sewer Connected
Property Description
Updated Tacoma 4-plex with strong income-growth potential. 3 of 4 units are currently rented, providing immediate rental income, with opportunity to increase rents and lease the remaining unit. Ample on-site parking adds strong tenant appeal. Great investment or owner-occupant opportunity, live in one unit and rent the others. Convenient location near shopping, dining, parks, schools, employment, and major roadways. Updated units, new roof in 2024, existing income, parking, and upside make this a compelling multifamily investment.
/u.realgeeks.media/homes77/logo-full.png){kind=logo}
Additional Information
- List Date
- 2026-09-03 15:37:12
- Community
- South Tacoma
- Net Operating Income
- $53,951
- Gross Adjusted Income
- $70,509
- Gross Scheduled Income
- $74,220
- Total Monthly Income
- $6,185
- Insurance Expenses
- $2,645
- Water/Sewer/Garbage Expenses
- $4,900
- Gross Rent Multiplier
- 10.78
- Total Expenses
- $16,558
- Cap Rate
- 6.74
- Vacancy Rate
- 5
- Total Number of Units
- 4
- Unit Name
- 4028
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1974
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Fully, High Speed Internet
- Energy Source
- Electric
- School District
- Tacoma
- Elementary School
- Reed
- Middle School
- Giaudrone Mid Sch
- High School
- Foss
- Total Monthly Income
- $6,185
- Gross Scheduled Income
- $74,220
- Vacancy Rate
- 5
- Gross Adjusted Income
- $70,509
- Tax Year
- 2026
- Insurance Expense
- $2,645
- W/S/G Expenses
- $4,900
- Total Expenses
- $16,558
- Net Operating Income
- $53,951
- Gross Rent Multiplier
- 10.78
- Cap Rate
- 6.74
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.