4027 S Warner Street, Tacoma, WA 98409

$870,000
3,332
SqFt

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Listing courtesy of Keller Williams Realty PS.

List Price
$870,000
Status
ACTIVE
MLS#
2560887
Days on Market
42
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

BACK ON THE MARKET by popular demand! This turn-key and exceptionally maintained 4-plex offering strong, reliable rental income with thoughtful modern updates throughout the units. Building is fully rented and cash flows. This low-maintenance investment property is in excellent condition, with each unit featuring contemporary laminate flooring, newer hot water tanks, fresh interior paint, updated bathrooms, and crisp modern trim for a clean. Two units are leased at $1,800/month with newly signed leases, and the other two units are rented at $1,700/month—providing immediate, stable cash flow. Ideally located near shopping, dining, transit, and easy freeway access. This property appeals to commuters and long-term tenants. This property is perfect for all savvy investors being a smart addition to you investment portfolio.

Additional Information

List Date
2026-06-15 17:13:14
Community
Tacoma
Net Operating Income
$73,115
Gross Adjusted Income
$64,535
Gross Scheduled Income
$84,000
Total Monthly Income
$7,000
Insurance Expenses
$2,400
Water/Sewer/Garbage Expenses
$8,580
Gross Rent Multiplier
10.71
Total Expenses
$19,465
Cap Rate
7.17
Vacancy Rate
5
Total Number of Units
4
Unit Name
4027
Potential Terms
Cash, 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
$7,000
Gross Scheduled Income
$84,000
Vacancy Rate
5
Gross Adjusted Income
$64,535
Tax Year
2025
Insurance Expense
$2,400
W/S/G Expenses
$8,580
Total Expenses
$19,465
Net Operating Income
$73,115
Gross Rent Multiplier
10.71
Cap Rate
7.17
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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