Property Details
4328 S Lawrence Street #A & B
Tacoma, WA 98409
$674,500
Active
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Property Overview
Investor & owner-occupant alert! Well-maintained, turn-key townhouse-style Duplex in prime Tacoma location offers strong rental income potential w/ zero utility expenses for the landlord—only taxes and insurance. Built in 2009, each unit features 1,279 sq ft, 3 bedrooms, 2.5 baths, in-unit laundry, a 231 sq ft garage w/ additional driveway parking, and separately metered utilities. The lower level boasts open-concept living area leading to a private fenced yard, while the upstairs includes a spacious primary suite & two additional bedrooms. Unit B is vacant & move-in ready; Unit A upgraded in 2025 with a fully renovated kitchen and new SPC flooring. Located near I-5, Tacoma Mall, and public transit. No-brainer opportunity!
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Pierce
Neighborhood
South Tacoma
Listed
Sep 3, 2025
Original Price
$694,600
Financial Summary
Cap Rate
5.94%
Net Operating Income
$40,034
Gross Scheduled Income
$53,940
Gross Rent Multiplier
13.16
Total Expenses
$11,209
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
2,557
Leasable Area
2,557 sqft
Total Units
2
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
3,049 sqft
Year Built
2009
Exterior & Lot
Lot Size
0.07 sqft
Year Built
2009
Garage
2 spaces
Exterior Materials
Cement Plank, Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Curbs, Paved, Sidewalk
Exterior Features
Cement Planked, Wood Products
Location
City
Tacoma
County
Pierce
Coordinates
47.21759, -122.47971
Additional Information
Tax Year
2025
Annual Taxes
$6,610
Possession
Array
Based on information submitted to the MLS GRID as of April 25, 2026 5:11 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
