4027 S Warner Street Tacoma, WA $ 865,000
4027 S Warner Street
$ 865,000
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4027 S Warner Street

Tacoma, WA, 98409
$ 865,000
Baths0.0 Sq 3,332

Monthly Estimate*

$ 5,396

Listed by COMPASS
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Studio

Multi-Family Home for sale in Tacoma, WA

for $865,000. This 3,332 square foot home was built in 1978 on a lot size of 0.1458.

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!

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Multi-Family Pending

Price

$ 865,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 8,485

Style

4-Plex

Lot Size

0.1458

Year Built

1978

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2452437

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing Subject to Tenant Rights
Roof Composition
HOA Fee 0
Security Features Partially Fenced Security Gate
Year Built 1978
View Territorial
Property Subtype Multi Family
Tax Year 2025
Building Name Cascade Park
County Pierce
Net Operating Income 56915
Insurance Expense 2400
New Construction N
Property Type Residential Income
HOA N
Subdivision Name South Tacoma
Special Listing Conditions None
Status Pending
Directions From Hwy 16 take S 38th St exit head West on S 38th St left on S Lawrence St right on S 40th St take a left into alley at 150 ft fourplex on your right in approximately 400 ft to your right.
High School Foss
City Tacoma
Senior Community Y/N N
High School District Tacoma
Open Parking Spaces 5
Number Of Units Total 4
MLS Area 46 - South Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 6350
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional FHA VA Loan
Elementary School Reed
Tax Annual Amount 8485
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Giaudrone Mid Sch
Property Condition Very Good
Public Remarks Investors Dream in the Heart of Tacoma! Dont miss this turnkey 4-plex offering strong rental income & modern updates throughout. Each unit has been refreshed with new contemporary laminate flooring n
Leasable Area 3332
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Pending
Amenities Storage
Water Company TPU
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 8580
Property Style 54 - 4-Plex
Cap Rate 6.58
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Exterior
Exterior Amenities Wood Products
Lot Features Alley Curbs Paved Sidewalk
Water Source Public
Total Parking 5
Foundation Details Slab
Building Area Total 3332
Lot Dimensions 50'x127'
Lot Size Acres 0.1458
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Partially Gated Entry High Speed Internet
Parking Uncovered Spaces 5
Lot Number 14 & 15
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Interior
Flooring Laminate Vinyl Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2452437
Street Number 1 4027
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* Excluded Features
List By
Jaron Witsoe

Listing Agent

Compass

Broker

Affordability Calculator

$6,104
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,396
Monthly Property Taxes
$707
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4152321 Elementary School
258907 Middle School
Foss High School High School
Pricing History
DatePricePrice ChangeDescription
11/8/2025$865,000 Listed Price

Map


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4027 S Warner Street, Tacoma, WA, 98409 is a Multi-Family Home for sale at $865,000 with 3,332 sqft and a lot size of 0.1458. 4027 S Warner Street is a studio with 0.0 baths and was built in 1978. The property's zip code is 98409 which is in Tacoma, WA