4005 South Warner Street

Tacoma, WA 98409

$3,500,000
Price
27
Beds
21.5
Baths
16,100 Sq. Ft.
$217 / Sq. Ft.
16,100
Sq. Ft.
$217
per Sq. Ft.
Listing provided courtesy of The Foundation Group LLC

Description

Foundation Group is pleased to offer The Sedona Apartments in Tacoma, Washington, a 21-unit apartment complex located in the evolving Tacoma Mall neighborhood, an Opportunity Zone designation area. The property is well-positioned within this rezone area, placing it in the path of new development and growth. The location offers excellent access to transportation, being one block from a major bus line, 0.8 miles from Interstate 5, and 1 mile south of Highway 16, with the Sounder Train’s South Tacoma...Foundation Group is pleased to offer The Sedona Apartments in Tacoma, Washington, a 21-unit apartment complex located in the evolving Tacoma Mall neighborhood, an Opportunity Zone designation area. The property is well-positioned within this rezone area, placing it in the path of new development and growth. The location offers excellent access to transportation, being one block from a major bus line, 0.8 miles from Interstate 5, and 1 mile south of Highway 16, with the Sounder Train’s South Tacoma Station just 1.5 miles away. It’s also a short drive to Bates Technical College South Campus and Joint Base Lewis-McChord, the area’s largest employer with over 54,000 employees, which supports the local economy.
  1. Listed by Aaron Locke • The Foundation Group LLC

Property Details for 4005 South Warner Street

Community Name
South Tacoma
School District
Tacoma
Number of Assigned Spaces
29
Total Covered Parking
0
Entry Date
10-22-2024
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 12/10/2024 11:19 AM

Property Details for 4005 South Warner Street

StatusActive
MLS #2304409
Days on Market65
Cumulative Days on Market65
Taxes$30,274 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1976
Lot Size0.59 AC / 25,610 SF
CountyPierce County

Building Information for 4005 South Warner Street

Stories2Residences21Year Built1976Building Size-Lot Size0.59 AC / 25,610 SF

Property Information for 4005 South Warner Street

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Area: 49 - South Tacoma
  • Effective Year Built Source: Public Records
  • Directions: On I-5, take exit 132 toward S 38th St. Continue on S 28th St. Turn south on S Warner St. Property is on the left side.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 29.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Laminate, Carpet
  • Features: Laminate Hardwood, Wall to Wall Carpet
  • Amenities: Coin Op Laundry
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard, Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 37594
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • First Right Of Refusal: false
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1994
  • Photos Count: 20
Lot Information
  • Lot Size Source: County
  • Parcel Number Free Text: 2890000261
  • Building Condition: Remodeled
  • Calculated Square Footage: 16100
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 16100.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 29
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 21
  • Units Below Grade: false
  • Units In Building Total: 21
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 126118
  • Gross Adjusted Income: 336594
  • Gross Rent Multiplier: 9.92
  • Gross Scheduled Income: $352,740
  • Insurance Expense: $12,891
  • Net Operating Income: $210,476
  • Other Expenses: $45,359
  • Total Monthly Income: 29395
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Square Feet Unit 1: 1500
  • Rent Unit 1: $2,200.00
  • Bedrooms Unit 1: 3
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: 2
  • Square Feet Unit 2: 700
  • Rent Unit 2: $1,195.00
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Square Feet Unit 3: 700
  • Rent Unit 3: $1,195.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Square Feet Unit 4: 700
  • Rent Unit 4: $1,200.00
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 5
  • Square Feet Unit 5: 700
  • Rent Unit 5: $600.00
  • Bedrooms Unit 5: 1
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 6
  • Square Feet Unit 6: 700
  • Rent Unit 6: $1,195.00
  • Bedrooms Unit 6: 1
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 7
  • Square Feet Unit 7: 850
  • Rent Unit 7: $1,275.00
  • Bedrooms Unit 7: 2
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: 8
  • Square Feet Unit 8: 850
  • Rent Unit 8: $1,425.00
  • Bedrooms Unit 8: 2
  • Bathrooms Unit 8: 1
Unit 9
  • Name Unit 9: 9
  • Square Feet Unit 9: 700
  • Rent Unit 9: $1,200.00
  • Bedrooms Unit 9: 1
  • Bathrooms Unit 9: 1
Unit 10
  • Name Unit 10: 10
  • Square Feet Unit 10: 700
  • Rent Unit 10: $1,200.00
  • Bedrooms Unit 10: 1
  • Bathrooms Unit 10: 1
Unit 11
  • Name Unit 11: 11
  • Square Feet Unit 11: 700
  • Rent Unit 11: $1,195.00
  • Bedrooms Unit 11: 1
  • Bathrooms Unit 11: 1
Unit 12
  • Name Unit 12: 12
  • Square Feet Unit 12: 700
  • Rent Unit 12: $1,195.00
  • Bedrooms Unit 12: 1
  • Bathrooms Unit 12: 1
Unit 13
  • Name Unit 13: 13
  • Square Feet Unit 13: 700
  • Rent Unit 13: $1,200.00
  • Bedrooms Unit 13: 1
  • Bathrooms Unit 13: 1
Unit 14
  • Name Unit 14: 14
  • Square Feet Unit 14: 700
  • Rent Unit 14: $1,200.00
  • Bedrooms Unit 14: 1
  • Bathrooms Unit 14: 1
Unit 15
  • Name Unit 15: 15
  • Square Feet Unit 15: 700
  • Rent Unit 15: $1,200.00
  • Bedrooms Unit 15: 1
  • Bathrooms Unit 15: 1
Unit 16
  • Name Unit 16: 16
  • Square Feet Unit 16: 700
  • Rent Unit 16: $1,050.00
  • Bedrooms Unit 16: 1
  • Bathrooms Unit 16: 1
Unit 17
  • Name Unit 17: 17
  • Square Feet Unit 17: 850
  • Rent Unit 17: $1,500.00
  • Bedrooms Unit 17: 2
  • Bathrooms Unit 17: 1
Unit 18
  • Name Unit 18: 18
  • Square Feet Unit 18: 850
  • Rent Unit 18: $1,550.00
  • Bedrooms Unit 18: 2
  • Bathrooms Unit 18: 1
Unit 19
  • Name Unit 19: 19
  • Square Feet Unit 19: 700
  • Rent Unit 19: $1,200.00
  • Bedrooms Unit 19: 1
  • Bathrooms Unit 19: 1
Unit 20
  • Name Unit 20: 20
  • Square Feet Unit 20: 700
  • Rent Unit 20: $1,295.00
  • Bedrooms Unit 20: 1
  • Bathrooms Unit 20: 1
Unit 21
  • Name Unit 21: 21
  • Square Feet Unit 21: 700
  • Rent Unit 21: $1,050.00
  • Bedrooms Unit 21: 1
  • Bathrooms Unit 21: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 16100.0
  • Leasable Area Units: Square Feet

Property History for 4005 South Warner Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4005 South Warner Street

Taxable ValueLand$723,900Additions$2,000,800Total$2,724,700
Tax Record2024$30,275 ($2,523 / month)
Home Facts
Total Finished SqFt3,744 SqFtAbove Ground SqFt3,744 SqFtStories2Lot Size25,610 SqFtStyleMulti-Family Res (5+ Units)Year Built1976Year Renovated1994ZoningRCXCountyPIERCEAPN2890000261Fireplace TypeSingle

Schools near 4005 South Warner Street

This home is within Tacoma School District.
Rating
School
Type
Grades
Distance
Reed Elementary School
Public - PK to 5
Angelo Giaudrone Middle School
Public - 6 to 8
Foss High School
Public - 9 to 12
Oakland High School
Public - 9 to 12
Rating
School
Distance
Reed Elementary School
PublicPK to 5

Angelo Giaudrone Middle School
Public6 to 8

Foss High School
Public9 to 12

Oakland High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 4005 South Warner Street, Tacoma, WA 98409

4005 South Warner Street is a multi-family home for sale in Tacoma, WA 98409. This property was listed for sale on October 22, 2024 by The Foundation Group LLC, it's currently listed at $3,500,000. It has been on the market for a total of 65 days and was last sold on August 21, 2019. This listing's school district is Tacoma School District. Nearby schools include Reed Elementary School, Angelo Giaudrone Middle School and Foss High School. 4005 South Warner Street is a 27-bed, 21.5-bath, 16,100 sqft multi-family home built in 1976.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Foundation Group LLC

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.