5012 S 58th ST new to site

Tacoma,WA 98409

$ 895000

8 Beds

4 Baths

0 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Tacoma

MLS Listing ID 2441774

Style 54 - 4-Plex

Bedrooms 8

HOA Fees $50/mo

Year Built 1978

Annual Tax Amount $15,300

Lot Size 326 Sqft

Property Sub-Type Multi Family

Property Description

Solid Tacoma 4-plex investment with recent renovations and strong current performance. The owner has completed major upgrades, including new water heaters, appliances, flooring, paint, and deck repairs. Based on 2025 YTD actuals with tenant utility reimbursements, the property is operating near a ~7.0% cap (~$62,800 NOI) at asking. With full occupancy and normalized expenses, stabilized projections fall in the 5–6% range. Strong rental corridor with $1,550–$1,650/unit market rents and long-term upside. Vacant unit offers owner-occupant potential or additional rental income.

Location

State WA

County Pierce

Area 46 - South Tacoma

Interior

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available High Speed Internet,Patio

View Y/N Yes

View Territorial

Roof Type Composition

Building

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Tacoma

Others

Senior Community No

Acceptable Financing Cash Out,Conventional

Listing Terms Cash Out,Conventional

View More
Favorite Go Tour