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4028 S Lawrence Street Tacoma, WA $ 799,950
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4028 S Lawrence Street
$ 799,950
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4028 S Lawrence Street

Tacoma, WA, 98409
$ 799,950
Bedrooms8 Baths4.0 Sq 3,328

Monthly Estimate*

$ 5,051

Listed by Pellego, Inc.
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Multi-Family Home for sale in Tacoma, WA

for $799,950 with 8 bedrooms and 4 full baths. This 3,328 square foot home was built in 1974 on a lot size of 0.1865.

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, existing income, parking, and upside make this a compelling multifamily investment.

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Multi-Family Active

Price

$ 799,950

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 9,013

Style

4-Plex

Lot Size

0.1865

Year Built

1974

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2576805
Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing Negotiable Subject To Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 0
Security Features Fully Fenced
Year Built 1974
View Territorial
Property Subtype Multi Family
Tax Year 2026
County Pierce
Net Operating Income 53951
Insurance Expense 2645
New Construction N
Property Type Residential Income
HOA N
Subdivision Name South Tacoma
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From I-5 take Exit 132 toward S 38th St. Head west on S 38th St. Turn left onto S Lawrence St. Continue to 4028 S Lawrence St. Property will be on the right.
High School Foss
City Tacoma
Senior Community Y/N N
High School District Tacoma
Zoning Description Multi-Family
Number Of Units Total 4
MLS Area 46 - South Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 8125
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School Reed
Tax Annual Amount 9013
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Giaudrone Mid Sch
Property Condition Good
Public Remarks 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 o
Leasable Area 3328
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities Storage
Water Company TPU
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 4900
Property Style 54 - 4-Plex
Cap Rate 6.74
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Exterior
Exterior Amenities Wood Products
Lot Features Alley Curbs Paved Sidewalk
Total Parking 12
Foundation Details Poured Concrete
Building Area Total 3328
Lot Size Acres 0.1865
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Fenced-Fully High Speed Internet
Parking Uncovered Total 12
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Interior
Flooring Vinyl Plank
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 NWM2576805
Street Number 1 4028
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* Excluded Features
List By
Bao Phung

Listing Agent

Pellego, Inc.

Broker

Affordability Calculator

$5,802
Per Month
87%
13%
0%
Monthly Principal & Interest
$5,051
Monthly Property Taxes
$751
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/4/2026$799,950 Listed Price

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4028 S Lawrence Street, Tacoma, WA, 98409 is a Multi-Family Home for sale at $799,950 with 3,328 sqft and a lot size of 0.1865. 4028 S Lawrence Street has 8 bedrooms, 4.0 baths, and was built in 1974. The property's zip code is 98409 which is in Tacoma, WA

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