Turnkey investment opportunity featuring two homes on one lot in the heart of Tacoma. The property includes a 3-bedroom, 1-bath main residence (1,284 sq ft) and a detached 2-bedroom, 1-bath ADU (640 sq ft) with alley access. Both units are leased through February 28, 2027, producing $4,150 per month ($49,800 annually) in scheduled rental income. The main home features an open kitchen with dining area, wood-burning fireplace, finished attic, and fully fenced yard. The detached ADU offers updated finishes, a full kitchen, living room, in-unit laundry, and private access. Conveniently located near shopping, dining, schools, transit, and I-5. An excellent opportunity to acquire a stabilized income-producing property with future flexibility when the current leases expire.
Active
Listed by: eXp Realty • Nicholas Zaharevich
$565,000
5428 S Cedar St, Tacoma, WA 98409
5beds
2baths
1,924sqft
Duplex, Multi Family
Built in 1925
-- sqft lot
$560,300 Zestimate®
$294/sqft
$-- HOA
What's special
- 37 days
- 239
- 22
Zillow last checked:
Listing updated:
Listed by:
Nicholas Zaharevich,
eXp Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2557670
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Baseboard, Forced Air, Electric
Cooling
- None
Features
- Has fireplace: No
Interior area
- Total structure area: 1,924
- Total interior livable area: 1,924 sqft
Property
Parking
- Total spaces: 4
- Uncovered spaces: 4
Lot
- Size: 6,599 Square Feet
Details
- Parcel number: 5360000750
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
Materials
- Stucco, Wood Siding
- Roof: Composition
Condition
- Year built: 1925
- Major remodel year: 1985
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & HOA
Community
- Subdivision: South Tacoma
Location
- Region: Tacoma
Financial & listing details
- Price per square foot: $294/sqft
- Tax assessed value: $433,900
- Annual tax amount: $4,731
- Date on market: 7/22/2026
- Cumulative days on market: 38 days
- Listing terms: Conventional,FHA,VA Loan
Estimated market value
$560,300
$532,000 - $588,000
$1,831/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2026 | Listed for sale | $565,000-3.4%$294/sqft |
Source:  NWMLS as distributed by MLS GRID #2557670 Report a problem | ||
| 2/11/2026 | Listing removed | $2,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/3/2026 | Price change | $2,400-5.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/24/2026 | Listing removed | $585,000$304/sqft |
Source: eXp Realty #2459640 Report a problem | ||
| 1/24/2026 | Price change | $2,550-3.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/16/2026 | Listed for rent | $2,650+15.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/16/2025 | Listed for sale | $585,000+15.2%$304/sqft |
Source: eXp Realty #2459640 Report a problem | ||
| 4/17/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/10/2023 | Price change | $2,300-6.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/2/2023 | Price change | $2,450-2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/25/2023 | Listed for rent | $2,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/9/2023 | Sold | $508,000-4.1%$264/sqft |
Source: NWMLS as distributed by MLS GRID #2000228 Report a problem | ||
| 1/24/2023 | Pending sale | $529,950$275/sqft |
Source: NWMLS as distributed by MLS GRID #2000228 Report a problem | ||
| 11/6/2022 | Price change | $529,950-2.8%$275/sqft |
Source: NWMLS as distributed by MLS GRID #2000228 Report a problem | ||
| 10/20/2022 | Price change | $545,000-3.5%$283/sqft |
Source: NWMLS as distributed by MLS GRID #2000278 Report a problem | ||
| 9/25/2022 | Listed for sale | $565,000+56.9%$294/sqft |
Source: NWMLS as distributed by MLS GRID #2000228 Report a problem | ||
| 11/23/2021 | Sold | $360,000+0.3%$187/sqft |
Source: NWMLS as distributed by MLS GRID #1860840 Report a problem | ||
| 11/9/2021 | Pending sale | $359,000$187/sqft |
Source: NWMLS as distributed by MLS GRID #1860840 Report a problem | ||
| 11/5/2021 | Listed for sale | $359,000$187/sqft |
Source: NWMLS as distributed by MLS GRID #1860840 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,731 +4.9% | $433,900 +4.8% |
| 2024 | $4,510 +2.5% | $414,100 +4.8% |
| 2023 | $4,400 -46.3% | $395,100 +4.7% |
| 2022 | $8,190 +114.8% | $377,300 +13.6% |
| 2021 | $3,812 +31.6% | $332,200 +32.9% |
| 2019 | $2,897 | $250,000 +12.3% |
| 2018 | -- | $222,700 +13.3% |
| 2017 | $2,229 | $196,500 +35.1% |
| 2016 | $2,229 | $145,500 +13.6% |
| 2014 | $2,229 +108.7% | $128,100 +9.4% |
| 2013 | $1,068 | $117,100 -3.7% |
| 2012 | -- | $121,600 -11.4% |
| 2011 | -- | $137,200 -16.2% |
| 2010 | -- | $163,700 -10.6% |
| 2009 | -- | $183,100 -8.4% |
| 2008 | -- | $199,800 -0.4% |
| 2007 | $2,350 +17.7% | $200,700 +72.3% |
| 2002 | $1,995 +10.7% | $116,500 |
| 2001 | $1,802 | $116,500 +13.4% |
| 2000 | $1,802 | $102,700 |
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.Climate risks
Neighborhood: South Tacoma
Similar homes
- $585,5504 bd2 ba2.5k sqft5031 S State St, Tacoma, WA 98409Active
MLS ID #2484545, Grace Wamwere. NWMLS as distributed by MLS GRID - $500,0005 bd2 ba1.8k sqft1110 S 25th Street #A/B, Tacoma, WA 98405Active
MLS ID #2562140, Anna McClusky. NWMLS as distributed by MLS GRID - $680,0005 bd4 ba2.8k sqft1522 S M Street, Tacoma, WA 98405Active
MLS ID #2573774, Ian Broadie. NWMLS as distributed by MLS GRID - $550,0004 bd2 ba2k sqftNew Tacoma Wa Territory, Tacoma, WA 98403Active
MLS ID #2545120, Matt Hume. NWMLS as distributed by MLS GRID
