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Pending inspection
  • Listed by: John L. Scott, Inc. • Paul Coldiron
    $799,950

    5002 S 58th Street, Tacoma, WA 98409

    8beds
    4baths
    3,500sqft
    : 
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    Quadruplex
    Built in 1977
    -- sqft lot
    $-- Zestimate®
    $229/sqft
    $50/mo HOA

    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!
    51 days
    |
    158
    |
    11
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Paul Coldiron,

    John L. Scott, Inc.

    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
      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: $229/sqft
      • Tax assessed value: $779,400
      • Annual tax amount: $8,638
      • Date on market: 5/15/2026
      • Cumulative days on market: 52 days
      • Listing terms: Conventional,FHA,VA Loan

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,626/mo

        Price history

        DateEventPrice
        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
        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

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: South Tacoma

        Getting around

        45 / 100
        Car-Dependent
        23 / 100
        Somewhat Bikeable

        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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