5002 S 58th Street, Tacoma, WA 98409

Tacoma
Local realty services provided by:Imagine Realty ERA Powered
Listed by: paul coldiron
Office: john l. scott, inc.
MLS#:2524218
Source:NWMLS
5002 S 58th Street,Tacoma, WA 98409
$799,950
  • - Beds
  • - Baths
  • 3,500 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$799,950
  • Price per sq. ft.:$228.56
  • Monthly HOA dues:$50

About this home

Single level 4-plex provides a great opportunity to add to an investment portfolio!*All 4 units are identical, offering 2 beds/1 bath, 875 sq ft, with all kitchen appliances included*Washer/Dryer hookups are available in each unit, plus there are outside storage areas for each tenant*Situated on a spacious corner lot in a dead end neighborhood, offering both privacy and convenience*Some landlord improvements have been recently done to a few of the units, while others present an opportunity to increase rents and add value*Roof is less than 5 years old*Current rents range from $1495 to $1550, providing a strong foundation for future growth*Property is currently generating $6340 in total monthly income with a solid 6.6% cap rate*Prime location situated on the border between Lakewood and University Place, offering tenants easy access to shopping and all amenities*Trader Joes is just 10 mins away!*Chamber's Bay is approximately a short 15-minute drive*A low maintenance, incoming generating...

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Home facts

  • Year built:1977
  • Listing ID #:2524218
  • Updated:June 29, 2026 at 07:53 PM

Rooms and interior

  • Flooring:Carpet, Laminate, Vinyl Floor
  • Living area:3,500 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1977
  • Building area:3,500 sq. ft.
  • Lot area:0.38 Acres
  • Lot Features:Corner, Paved
  • Construction Materials:Wood Exterior Finish, Wood Products Exterior Finish
  • Exterior Features:Fenced-Partially, Patio

Schools

  • High school:Mt Tahoma
  • Middle school:Gray
  • Elementary school:Manitou Park

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$799,950
  • Price per sq. ft.:$228.56
  • Tax amount:$8,638 (2026)

Features and amenities

  • Amenities:Cable TV

Parking

  • Total parking spaces:8
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