Provided by NWMLS, Listed by Keller Williams Seattle Metro
Active
5032 S 58th Street
Tacoma WA, 98409
$712,000
$131.00 per sqft
Active
5,435 sqft
Multi-family
Built in 1978
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!
2335153
MLSⓇ ID
February 21, 2025
Listed
February 22, 2025
Updated
Interior Features
Total Stories
3
Interior Features
Wall to Wall Carpet
Floor Description
Vinyl, Carpet
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Baseboard
Exterior/Building Features
Lot Size
0.36 Acres
Exterior Features
Wood, Wood Products
Lot Features
Cul-De-Sac
Roof
Flat, Torch Down
Sewer
Sewer Connected
School Information
School District
Tacoma
Other Property Details
Area Name
45 - South Tacoma
Taxes
$8,216
Tax Frequency
Annually
Association Fee
$600
Association Fee Frequency
Yearly
Garage
No
Parking Total
8
View
Yes
View Description
Territorial
County
Pierce
Water Source
Public
Pool
No
The IDX display presents information sourced from the Northwest Multiple Listing Service as of 2/22/2025. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 2/22/2025 at 9:00 PM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
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Data last updated on 2/22/2025 at 9:00 PM UTC
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