Active

Listed by: Pellego, Inc. • Bao Phung • 206-240-1912

$799,950

4028 S Lawrence Street, Tacoma, WA 98409

8beds

4baths

3,328sqft

$5,247/mo

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Quadruplex, Multi Family

Built in 1974

-- sqft lot

$790,400 Zestimate^®

$240/sqft

$-- HOA

What's special

Ample on-site parkingUpdated units

Updated Tacoma 4-plex with strong income-growth potential. 4 units are currently rented, providing immediate rental income, with opportunity to increase rents with lease renewals. Ample on-site parking adds strong tenant appeal. Convenient location near shopping, dining, parks, schools, employment, and major roadways. Updated units, new roof in 2024, existing income, parking, and upside make this a compelling multifamily investment.

--: on Zillow
242: views
20: saves

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: 9/4/2026
Listing terms: Conventional,FHA,VA Loan

Estimated market value

$790,400

$751,000 - $830,000

$2,242/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+13.3%$120/sqft
Source: NWMLS as distributed by MLS GRID #25181033 Report a problem
4/18/2005	Sold	$353,000$106/sqft
Source: NWMLS as distributed by MLS GRID #25027240 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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Climate risks

Neighborhood: South Tacoma

Getting around

69 / 100

Somewhat Walkable

55 / 100

Bikeable

Nearby schools

GreatSchools rating

2/10
Reed Elementary School
Grades: PK-5Distance: 0.9 mi
3/10
Angelo Giaudrone Middle School
Grades: 6-8Distance: 1.1 mi
2/10
Foss High School
Grades: 9-12Distance: 1.6 mi

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.