Rockhood
$799,950List price
Active

4028 S Lawrence Street · Tacoma, WA 98409

Source: NWMLS · Pellego, Inc. · Bao Phung #NWM2576805

About this home

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.

Location

Basics

Property type
Multi Family
Style
4-Plex
Stories
2 stories
Condition
Good
Year built
1974 (renovated 2004)
Building area
3,328 sq ft
Lot size
8,125 sq ft (0.19 acres)
County
Pierce
MLS #
NWM2576805

Interior

Heating
Baseboard
Cooling
None
Flooring
Vinyl Plank

Exterior & lot

Exterior features
Wood Products
Roof
Composition
Foundation
Poured Concrete
Lot features
Alley, Curbs, Paved, Sidewalk
View
Territorial
Waterfront
No

Parking

Parking spaces
12

Utilities

Sewer
Sewer Connected
Power
Electric

Community & fees

Subdivision
South Tacoma
Property tax
$9,013 (2026)

Transaction

Listed on
Sep 3, 2026
Days on market
17
Listing terms
Cash, Conventional, FHA, VA Loan
Possession
Closing, Negotiable, Subject To Tenant Rights

More homes nearby

Sale history

Earlier listings of this home on the MLS.

2019-03-15
Sold$545,000
2007-09-05
Sold$315,000
2006-03-17
Sold$400,000
2005-04-18
Sold$353,000
2004-09-16
Sold$299,000

Schools

School district: Tacoma

Elementary
Reed
Middle
Giaudrone Mid Sch
High
Foss High School
Top 98% in WA

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Listing provided courtesy of: Pellego, Inc.

Listing agent: Bao Phung.

Based on information submitted to the MLS GRID as of . 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 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. Information is deemed reliable but not guaranteed.

Data last updated 2026-09-13.