Listed by Paragon Real Estate Advisors, Bought with Northmarq Multifamily, LLC
NOT LISTED FOR SALE

4022 S Warner St Tacoma, WA 98409

South Tacoma Neighborhood
8 Beds
4 Baths
3,072 Sq Ft
6,350 Sq Ft Lot

Last Sold January 11, 2019

Last sale price $1,585,000 $516 Per Sq Ft

8 Days on Market

About This Home

As of January 2019

Well-located fourplex that offers great freeway access blocks away from the Tacoma Mall. The property offers the savvy investor the opportunity to take over a well-managed cash flowing asset with further upside through improvements and increased rent. All large 2BD/1BTH units with modern floor plans. Common laundry, 5 on-site parking spaces. Immediate rental upside.

Last Agent to Sell the Property

Nick Hemming

Paragon Real Estate Advisors License #120684 Listed on: 10/04/2018

Last Buyer's Agent

Steve Fischer

Northmarq Multifamily, LLC License #87455

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1370984

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,910

Year Built

  • Built in 1974

Lot Details

  • 6,350 Sq Ft Lot

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,072 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Parking

  • 5 Parking Spaces
  • Open Parking

Community Details

  • Tacoma Mall Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2890000353

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,910

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1974
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3072
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 6401

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 2890000353
  • Lot Size Acres: 0.1458
  • Lot Size Sq Ft: 6350
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 4346

Multi Family

  • Gross Scheduled Income: 52020
  • Net Operating Income: 31587
  • Number Of Units Total: 4
  • Insurance Expense: 1515
  • Leasable Area: 3072
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2018
  • Tax Annual Amount: 4910

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2019 01/11/19 Sold $1,585,000 +201.9% $516 / Sq Ft
10/12/2018 10/12/18 Pending -- -- --
10/04/2018 10/04/18 For Sale $525,000 -- $171 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Nick Hemming

    Seller's Agent in 2019

    Nick Hemming

    Paragon Real Estate Advisors

    (206) 812-9105

    46 Total Sales

    Nick Hemming
    Section Image
  • Steve Fischer

    Buyer's Agent in 2019

    Steve Fischer

    Northmarq Multifamily, LLC

    (206) 505-9435

    37 Total Sales

    Steve Fischer
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1370984

Northwest Multiple Listing Service (NWMLS)

APN: 289000-035-3

Washington Pierce County Tacoma 98409 South Tacoma

4022 S Warner St, Tacoma, WA

This home is located at 4022 S Warner St, Tacoma, WA 98409 since 04 October 2018. This property was built in 1974. 4022 S Warner St is a home located in Pierce County with nearby schools including Jennie Reed Elementary School, Angelo Giaudrone Middle School, and Foss High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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