Tacoma, WA 98409,5032 S 58th ST
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Tacoma, WA 98409,5032 S 58th ST
Tacoma, WA 98409,5032 S 58th ST
Tacoma, WA 98409,5032 S 58th ST
Tacoma, WA 98409,5032 S 58th ST
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Listed by Keller Williams Seattle Metro
$ 712,000
Est. payment /mo
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5032 S 58th ST Tacoma, WA 98409

8 Beds

4 Baths

5,435 SqFt


UPDATED:

02/22/2025 06:44 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,435 sqft

Price per Sqft $131

Subdivision South Tacoma

MLS Listing ID 2335153

Style 54 - 4-Plex

Bedrooms 8

HOA Fees $600/ann

Year Built 1978

Annual Tax Amount $8,216

Lot Size 0.364 Acres

Property Sub-Type Multi-Family

Property Description

Solid Fourplex located in Orchard Glen Estates. Value-Add Opportunity with rents well below market rates. Units are ~900SF, 2bed/1bath; upper have balconies, lower have patios & large back yards. Shared laundry facility in basement. New roof in 2019. This building uniquely features an ~1,800SF basement with full-height ceilings, offering exceptional versatility & additional income potential—rent out as storage, workshop, or maybe convert to more unit(s)? Unit D left vacant for showings; ABC tenants are very long term, month to month with no rent increases in several years. 1/3 Acre Lot. Quiet cul-de-sac location w/ convenient access to I-5 & JBLM. 8.7% Cap Rate @ Market Rents. Competitively priced to sell!

Location

State WA

County Pierce

Area 45 - South Tacoma

Interior

Interior Features Wall to Wall Carpet

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood, Wood Products

View Y/N Yes

View Territorial

Roof Type Flat,Torch Down

Building

Lot Description Cul-De-Sac

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Tacoma

Others

Senior Community No

Acceptable Financing Cash Out, Conventional, FHA, VA Loan

Listing Terms Cash Out, Conventional, FHA, VA Loan


Northwest MLS (NWMLS)
agent

Dan Bennett

Broker | License ID: 75547

+1(253) 377-1818

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5032 S 58th ST