$349,000
Active

5218 Warner Street #A/B

Tacoma, WA 98409
1016 sqft | 0.11 acres | #2377076
Listing OfficeDulay Homes LLC
Browse 36 photos

Description

Investor Special! This Tacoma duplex offers a prime value-add opportunity in a multifamily zone. Each side previously rented for $1,200/month, with proforma rents of approx. $1,500/month post-cosmetic rehab. The property needs TLC and is ideal for flippers or developers looking for their next project. Located close to Tacoma Mall with easy access to I-5, it sits on a large lot that may offer potential for expansion—add rooms or explore additional units (buyer to verify). The city has already approved the addition of two rooms—permits can be transferred to the buyer at no cost or allowed to expire at buyer's discretion. Don’t miss this opportunity to unlock value in a growing area!

  • Property Details
      • Exterior FeaturesFenced-Fully, Patio
      • FoundationPoured Concrete
      • Sewer InformationSewer Connected
      • InteriorCeramic Tile
      • SubdivisionSouth Tacoma
      • Property SubtypeMulti Family
      • Date ListedMay 15, 2025
      • ViewTerritorial
      • Style52 - Duplex
      • Utility SourceCommunity
      • Original List Price$349,000
      • MLS #2377076
      • MLS #2377076
      • Acres0.1148
      • School DistrictTacoma
      • Elementary SchoolEdison
      • CountyPierce
      • Taxes Annual$3,770
      • Cost349000
      • Structure TypeDuplex
      • Lot DescriptionPaved
      • Exterior MaterialsWood
      • Square Feet1016
      • Year Built1920
      • Middle SchoolGray
      • High SchoolFoss
      • Stories1
      • Days on Market (Cumulative)3

Location

Tom ElliottReal Estate Group
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Interest Rate

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6.0%

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