5428 S Cedar St, Tacoma, WA 98409

Tacoma
Local realty services provided by:Knipe Realty ERA Powered
Listed by: nicholas zaharevich
Office: exp realty
MLS#:2557670
Source:NWMLS
5428 S Cedar St,Tacoma, WA 98409
$565,000
  • - Beds
  • - Baths
  • 1,924 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$565,000
  • Price per sq. ft.:$293.66

About this home

Turnkey investment opportunity featuring two homes on one lot in the heart of Tacoma. The property includes a 3-bedroom, 1-bath main residence (1,284 sq ft) and a detached 2-bedroom, 1-bath ADU (640 sq ft) with alley access. Both units are leased through February 28, 2027, producing $4,150 per month ($49,800 annually) in scheduled rental income. The main home features an open kitchen with dining area, wood-burning fireplace, finished attic, and fully fenced yard. The detached ADU offers updated finishes, a full kitchen, living room, in-unit laundry, and private access. Conveniently located near shopping, dining, schools, transit, and I-5. An excellent opportunity to acquire a stabilized income-producing property with future flexibility when the current leases expire.

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Home facts

  • Year built:1925
  • Subdivision & Development:South Tacoma
  • Listing ID #:2557670
  • Updated:October 01, 2026 at 12:04 PM

Rooms and interior

  • Living area:1,924 sq. ft.

Heating and cooling

  • Heating:Baseboard, Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1925
  • Building area:1,924 sq. ft.
  • Lot area:0.15 Acres
  • Construction Materials:Stucco Exterior Finish, Wood Exterior Finish

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$565,000
  • Price per sq. ft.:$293.66
  • Tax amount:$4,731 (2026)

Parking

  • Total parking spaces:4
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