5002 S 58th Street, Tacoma, WA 98409
Local realty services provided by:Better Homes and Gardens Real Estate McKenzie Realty
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
- Active
Price summary
- Price:$799,950
- Price per sq. ft.:$228.56
- Monthly HOA dues:$50
About this home
NEW ON MARKET*This single level 4-plex offers a great opportunity to add to any 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 asset in a convenient location - ideal for investors looking to expand their portfolio with both stability and upside potential....
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Home facts
- Year built:1977
- Listing ID #:2524218
- Updated:May 24, 2026 at 11:06 AM
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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