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Listed by Real Broker LLC
$895,000
Est. payment /mo
8 Beds
4 Baths
326 Sqft Lot
New
5012 S 58th ST Tacoma, WA 98409
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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

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