5002 S 58th Street, Tacoma, WA 98409 (MLS # 2524218)

Save to Favorites
 Print
 Share
Listing provided courtesy of Northwest MLS; John L. Scott, Inc.

PRICE $799,950
BEDS 0
BATHS 0
HOME SIZE 3,500 sqft
LOT SIZE 16,649 sqft
Request More Info Schedule a Showing
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.

LAST UPDATED 5/15/2026 TRACT South Tacoma
YEAR BUILT 1977 COMMUNITY South Tacoma
COUNTY Pierce STATUS Active
PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Manitou Park
Jr. High School Gray
High School Mt Tahoma


ADDITIONAL DETAILS
AIR None
AREA 45 - South Tacoma
CONSTRUCTION Wood Siding
HEAT Baseboard, Electric
HOA DUES 50
LOT 0.3822 acre(s)
LOT DESCRIPTION Corner Lot, Paved
MLS STATUS Active
STORIES 1
STYLE 54 - 4-Plex
SUBDIVISION South Tacoma
TAXES 8638
UTILITIES Cable Available, Sewer Connected
WATER Public
ZONING Multi-Family

SATELLITE VIEW



 
CONTACT US ABOUT 5002 S 58TH STREET
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Sheri Butler to contact you even if your name is on a Federal or State "Do not call List".

Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/15/26 2:06 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

DMCA Notice

  Logo

This IDX solution is (c) Diverse Solutions 2026.