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  • Listed by: John L. Scott, Inc. • Paul Coldiron
    Bought with: eXp Realty
    $795,000

    5002 S 58th Street, Tacoma, WA 98409

    8beds
    4baths
    3,500sqft
    Quadruplex, Multi Family
    Built in 1977
    -- sqft lot
    $-- Zestimate®
    $227/sqft
    $2,612 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,612/mo

    Zestimate® history
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    What's special

    All kitchen appliances includedSpacious corner lot
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Paul Coldiron,

    John L. Scott, Inc.

    Bought with:

    Kristen Johnson, 136943

    eXp Realty

    Source: NWMLS as distributed by MLS GRID,MLS#: 2524218MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Features
    • Flooring: Laminate, Vinyl, Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 3,500
    • Total interior livable area: 3,500 sqft

    Property

    Parking
    • Total spaces: 8
    • Uncovered spaces: 8
    Lot
    • Size: 0.38 Acres
    • Features: Corner Lot, Paved, Cable TV, Fenced-Partially, Patio
    Details
    • Parcel number: 6551000010
    • Zoning description: Multi-Family,Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: 4-Plex
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Wood Siding, Wood Products
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Year built: 1977
    • Major remodel year: 1993

    Utilities & green energy

    • Electric: Company: TPU
    • Sewer: Sewer Connected, Company: TPU
    • Water: Public, Company: TPU
    • Utilities for property: Tenant Selects

    Community & HOA

    Community
    • Subdivision: South Tacoma
    HOA
    • HOA fee: $50 monthly
    Location
    • Region: Tacoma

    Financial & listing details

    • Price per square foot: $227/sqft
    • Tax assessed value: $790,800
    • Annual tax amount: $8,638
    • Date on market: 6/19/2026
    • Cumulative days on market: 45 days
    • Listing terms: Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    8/3/2026Sold$795,000-0.6%$227/sqft
    Source: NWMLS as distributed by MLS GRID #2524218 Report a problem
    6/29/2026Pending sale$799,950$229/sqft
    Source: NWMLS as distributed by MLS GRID #2524218 Report a problem
    5/15/2026Listed for sale$799,950+119.2%$229/sqft
    Source: NWMLS as distributed by MLS GRID #2524218 Report a problem
    1/17/2018Listing removed$995
    Source: Main Street Realty & Management, Inc. Report a problem
    1/12/2018Listed for rent$995
    Source: Main Street Realty & Management, Inc. Report a problem
    6/12/2017Sold$365,000-2.7%$104/sqft
    Source: NWMLS as distributed by MLS GRID #1120711 Report a problem
    5/23/2017Pending sale$375,000$107/sqft
    Source: RE/MAX Town Center #1120711 Report a problem
    5/18/2017Listed for sale$375,000$107/sqft
    Source: RE/MAX Town Center #1120711 Report a problem
    5/17/2017Pending sale$375,000$107/sqft
    Source: RE/MAX Town Center #1120711 Report a problem
    5/17/2017Price change$375,000+2.7%$107/sqft
    Source: RE/MAX Town Center #1120711 Report a problem
    2/20/2016Price change$365,000-2.7%$104/sqft
    Source: RE/MAX TOWN CENTER #850198 Report a problem
    9/20/2015Listed for sale$375,000+50%$107/sqft
    Source: RE/MAX TOWN CENTER #850198 Report a problem
    5/22/2003Sold$250,000+35.1%$71/sqft
    Source: Public Record Report a problem
    3/20/1995Sold$184,980$53/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,613 +1.6%$790,800 +1.5%
    2024$8,478 +8.2%$779,400 +10.7%
    2023$7,832 +4.8%$704,100 -2.2%
    2022$7,472 +2.3%$720,100 +13%
    2021$7,305 +48.8%$637,500 +42.6%
    2019$4,908 -7%$447,100 +18.3%
    2018$5,278 +20.5%$377,800 +13%
    2017$4,382 +11.6%$334,300 +35.1%
    2016$3,928 $247,500 +9.5%
    2014$3,928 +8.5%$226,000 +10.8%
    2013$3,619 $203,900 -1.2%
    2012-- $206,300 -16.7%
    2011-- $247,700 -14.3%
    2010-- $289,200 +88.8%
    2000$2,688 $153,200
    Find assessor info on the county website

    Neighborhood: South Tacoma

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Manitou Park
    • Middle: Gray
    • High: Mt Tahoma

    Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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