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.
Active
Listed by: Pellego, Inc. • Bao Phung
$799,950
4028 S Lawrence Street, Tacoma, WA 98409
8beds
4baths
3,328sqft
Quadruplex, Multi Family
Built in 1974
-- sqft lot
$782,600 Zestimate®
$240/sqft
$-- HOA
What's special
Ample on-site parkingUpdated units
- 6 hours
- 17
- 4
Zillow last checked:
Listing updated:
Listed by:
Bao Phung,
Pellego, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2576805
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Vinyl Plank
- Has fireplace: No
Interior area
- Total structure area: 3,328
- Total interior livable area: 3,328 sqft
Property
Parking
- Total spaces: 12
- Uncovered spaces: 12
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 8,123 Square Feet
- Features: Curbs, Paved, Sidewalk, Cable TV, Deck, Fenced-Fully, High Speed Internet
Details
- Parcel number: 2890000204
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex, Multi Family
Materials
- Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1974
- Major remodel year: 2004
Utilities & green energy
- Electric: Company: TPU
- Sewer: Sewer Connected, Company: TPU
- Water: Company: TPU
- Utilities for property: Xfinity, Xfinity
Community & HOA
Community
- Subdivision: South Tacoma
Location
- Region: Tacoma
Financial & listing details
- Price per square foot: $240/sqft
- Annual tax amount: $9,013
- Date on market: 9/3/2026
- Cumulative days on market: 1 day
- Listing terms: Conventional,FHA,VA Loan
Estimated market value
$782,600
$743,000 - $822,000
$1,792/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Listed for sale | $799,950+46.8%$240/sqft |
Source:  NWMLS as distributed by MLS GRID #2576805 Report a problem | ||
| 10/19/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 10/3/2021 | Listed for rent | $1,500 |
Source: Zillow Rental Manager Report a problem | ||
| 3/15/2019 | Sold | $545,000+73%$164/sqft |
Source: NWMLS as distributed by MLS GRID #1425123 Report a problem | ||
| 9/5/2007 | Sold | $315,000-21.3%$95/sqft |
Source: NWMLS as distributed by MLS GRID #27096870 Report a problem | ||
| 3/17/2006 | Sold | $400,000$120/sqft |
Source: NWMLS as distributed by MLS GRID #25181033 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: South Tacoma
Nearby schools
Schools provided by the listing agent
- Elementary: Reed
- Middle: Giaudrone Mid Sch
- High: Foss
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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