Courtesy of John L. Scott, Inc. and NWMLSNWMLS

OverviewEstate Overview - $799,950Closed

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5002 S 58th Street,

Tacoma, WA 98409

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 asset in a convenient location - ideal for investors looking to expand their portfolio with both stability and upside potential*Less than $200K/door!...See More

  • 0 Beds
  • 0 Baths
  • 3500 Sqft
  • Residential Income

OverviewListing Details

Status:Closed
Original Listing Price: $ 799,950
Listing Date: 05/15/2026
Days on dealty:Was on Dealty for 80 days
County:Pierce
MLS Type:NWMLSNWMLS
Built In:1977
Has HOA:Yes
Status Change Date:August 03, 2026
Pool:No
Cumulative Days on market:44 days
Last Updated:08/06/2026, 08:30:59 AM
*Please Contact Lister for more information.

FeaturesProperty Features

Design
  • Property subtype: Multi Family
  • Construction materials: Wood
  • Roof: Composition
Flooring
  • Laminate
  • Vinyl
  • Carpet
Interior Spaces
    --
Bedrooms & Bathrooms
  • 0 - Bedrooms
  • 0 - Bathrooms
Exteriors
  • Exterior features: Wood, Wood Products,
Lot Details
  • Lot size: 0.3822 Acres / 16650 Square feet

AmenitiesAmenities

Utilities
  • Cooling - None
  • Heating - Baseboard
Laundry
    --
Parking
  • Garage Spaces: 0

HOAHOA & Financial

Primary HOA
  • Association Fee: $50
  • Association Fee Frequency: Monthly
  • Association Phone: null
Second HOA
    No
Third HOA
    No

OverviewOpen House

* There are no open house dates scheduled at this time. Please reach out to the lister for an in person or virtual viewing.

Schools & Neighborhood

Schools
    --
Neighborhood
    --

NeighborhoodExplore The Area

Similar HomesSimilar Homes

AgentListing Agent

Agent
Paul Coldiron

(John L. Scott, Inc.)

MLS # NWM2524218

5002 S 58th Street

Tacoma, WA 98409

$799,950
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FOR MORE PHOTOS VISIT
https://www.dealty.ai/buy/home/5002-s-58th-street-tacoma-wa-98409
Approx sqft
3500
Year Built
1977
Garage
8
Lot Size
16650 sqft/ 0.383 acres

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 in...(Visit the link to Get more info)

AGENT CONTACT

Northwest Multiple Listing Service

Based on information submitted to MLS Grid as of 08/06/2026, 08:30:59 AM. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used solely to identify prospective properties that consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed by MLS Grid. All information should be independently reviewed and verified. Open house information is subject to change without notice. Properties may or may not be listed by the office or agent presenting the information.