Sold

Listed by: Keller Williams Seattle Metro • Charles Burnett

Bought with: Real Broker LLC

$697,000

5032 S 58th Street, Tacoma, WA 98409

--beds

--baths

5,435sqft

Multi Family

Built in 1978

-- sqft lot

$-- Zestimate^®

$128/sqft

$3,362 Estimated rent

Home value

Not available

Estimated sales range

Not available

$3,362/mo

Zestimate^® history

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What's special

Quiet cul-de-sac locationNew roof

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!

Facts & features

Interior

Heating

Baseboard, Electric

Cooling

None

Features

Flooring: Vinyl, Carpet
Has fireplace: No

Interior area

Total structure area: 5,435
Total interior livable area: 5,435 sqft

Property

Parking

Total spaces: 8
Parking features: Open
Carport spaces: 4
Uncovered spaces: 4

Features

Has view: Yes
View description: Territorial

Lot

Size: 0.36 Acres
Features: Cul-De-Sac

Details

Parcel number: 6551000180
Zoning description: Multi-Family,Residential,Jurisdiction: City
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Siding, Wood Products
Foundation: Poured Concrete
Roof: Flat,Torch Down

Condition

Average
Year built: 1978
Major remodel year: 1993

Utilities & green energy

Sewer: Sewer Connected
Water: Public

Community & HOA

Community

Subdivision: South Tacoma

HOA

HOA fee: $600 annually

Location

Region: Tacoma

Financial & listing details

Price per square foot: $128/sqft
Tax assessed value: $930,200
Annual tax amount: $8,216
Date on market: 7/25/2025
Cumulative days on market: 246 days
Listing terms: Conventional,FHA,VA Loan

Price history

Date	Event	Price
3/28/2025	Sold	$697,000-2.1%$128/sqft
Source: NWMLS as distributed by MLS GRID #2335153 Report a problem
3/9/2025	Pending sale	$712,000$131/sqft
Source: NWMLS as distributed by MLS GRID #2335153 Report a problem
2/21/2025	Listed for sale	$712,000+43.8%$131/sqft
Source: NWMLS as distributed by MLS GRID #2335153 Report a problem
12/15/2018	Listing removed	$495,000$91/sqft
Source: Keller Williams Tacoma #1375490 Report a problem
11/7/2018	Listed for sale	$495,000$91/sqft
Source: Keller Williams Tacoma #1375490 Report a problem
10/30/2018	Pending sale	$495,000$91/sqft
Source: Keller Williams Tacoma #1375490 Report a problem
10/27/2018	Listed for sale	$495,000$91/sqft
Source: Keller Williams Tacoma #1375490 Report a problem
10/18/2018	Pending sale	$495,000$91/sqft
Source: Keller Williams Tacoma #1375490 Report a problem
10/17/2018	Listed for sale	$495,000+47.8%$91/sqft
Source: Keller Williams Tacoma #1375490 Report a problem
11/30/2004	Sold	$335,000+51.7%$62/sqft
Source: Public Record Report a problem
3/29/2002	Sold	$220,900+28.4%$41/sqft
Source: Public Record Report a problem
8/4/2000	Sold	$172,000$32/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$8,217 -10.5%	$930,200 +12.6%
2023	$9,184 +4.2%	$825,800 -2.8%
2022	$8,812 +1.8%	$849,400 +12.4%
2021	$8,658 +50.3%	$755,800 +42.7%
2019	$5,761 -7.9%	$529,700 +19.4%
2018	$6,252 +20.6%	$443,600 +12%
2017	$5,186 +11.3%	$396,100 +34.8%
2016	$4,658	$293,800 +9.6%
2014	$4,658 +120.2%	$268,100 +11.2%
2013	$2,116	$241,000 -0.1%
2012	--	$241,300 -16.6%
2011	--	$289,200 -11.7%
2010	--	$327,600