4027 S Warner Street, Tacoma, WA, 98409
About This Home
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.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Very Good
- Year built: 1978
Materials
- Foundation: Slab
- Roof: Composition
- Construction materials: Wood Products
Notable Dates
- Major remodel year: 1993
Type & Style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subType: Quadruplex,Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 4
Features
- Flooring: Laminate,Carpet
Heating & Cooling
- Heating features: Baseboard,Electric
- Cooling features: None
Interior Area
- Total structure area: 3,332
- Total interior livable area: 3,332 sqft
Property
Details
- Parcel number: 2890000295
- Zoning description: Jurisdiction: City
- Special condition: Standard
Features
- Has view: Yes
- View description: Territorial
Lot
- Lot size: 6,351 sqft
- Features: Curbs,Paved,Sidewalk,Cable TV,Fenced-Partially,Gated Entry,High Speed Internet
Parking
- Total spaces: 5
- Uncovered spaces: 5
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Pierce County and Washington
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,399 | $52,788 |
| Home Insurance * | $262 | $3,144 |
| Property Taxes | $774 | $9,288 |
| Electricity | $227 | $2,734 |
| Total | $5,662 | $67,944 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-28 | Listed for sale | $870,000 |
| 2026-04-21 | Listing removed | $1,750 |
| 2026-04-06 | Price change | $1,750 |
| 2026-03-31 | Listed for rent | $1,800 |
| 2026-03-04 | Listing removed | $1,800 |
| 2026-02-18 | Listed for rent | $1,800 |
| 2026-01-07 | Sold | $865,000 |
| 2025-11-19 | Pending sale | $865,000 |
| 2025-11-08 | Listed for sale | $865,000 |
| 2022-03-27 | Listing removed | -- |
| 2022-03-23 | Listed for rent | $1,395 |
| 2021-03-24 | Listing removed | -- |
| 2019-10-22 | Listing removed | $1,325 |
| 2019-10-12 | Listed for rent | $1,325 |
| 2018-07-03 | Listing removed | $1,225 |
| 2018-06-21 | Listed for rent | $1,225 |
| 2017-07-26 | Listing removed | $1,175 |
| 2017-07-07 | Listed for rent | $1,175 |
| 2016-12-09 | Sold | $439,500 |
| 2016-10-04 | Listed for sale | $439,500 |
| 2003-10-17 | Sold | $215,000 |
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