This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$795,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
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!
Full Property Details
Full Property Details for 5002 S 58th St
General
- Sold For: $795,000
- HOA FEE: $50/month
- Taxes: $8,638 (2026)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2524218
- Added to Site: 103 day(s) ago
Interior
- Flooring: Laminate, Vinyl, Carpet
Additional Information
- Amenities: Cable TV, Fenced-Partially, Patio
- Security/Safety: Partially Fenced
Parking
- Uncovered Spaces: 8
Location
- Area: 45 - South Tacoma
- County: Pierce
- Subdivision: South Tacoma
- Building Name: Orchard Glen
- Driving Directions: North on I-5*Exit S 56th St*S 56th St to Tacoma Mall Boulevard*Left on S Orchard St*Left on S 58th St*Duplex on Left.
School Information
- High School District: Tacoma
- Elementary School: Manitou Park
- Middle School: Gray
- High School: Mt Tahoma
Community
- Association: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Quadruplex
- Exterior Const.: Wood, Wood Products
- Foundation: Slab
- Roof: Composition
- Stories in Building: 1
- Square Feet: 3,500
- Year Built: 1977
Unit Information
- Units in Building: 4
Lot Features
- Lot Size (Acres): 0.3822
- Lot Size (Sq. Ft.): 16,650
- Lot Size Source: Public Records
- Lot Features: Corner Lot, Paved
- Zoning: Multi-Family
Financial Considerations
- Association Fee: $50
- Assoc Fee Freq.: Monthly
- Tax Amount: $8,638
- Tax Year: 2026
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: None
- Property ID: 6551000010
Listed by Paul Coldiron | John L. Scott, Inc. | (253) 841-7000
Sold by Kristen Johnson | eXp Realty
Get Pre-Approved Today
Schools
Schools serving 5002 S 58th St
School District:Tacoma Public Schools
| Name | Grades | Distance |
|---|---|---|
Manitou Park Elementary School 4330 South 66th Street, Tacoma, WA 98409 | PK-5 | 0.6 mi |
Gray Middle School, Tacoma, WA 6229 South Tyler Street, Tacoma, WA 98409 | 6-8 | 0.7 mi |
Mt Tahoma High School 4634 South 74th Street, Tacoma, WA 98409 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5002 S 58th St
Date
Details
Price
Change
Source
8/03/2026
Sold
$795,000
-0.62%
MLS
5/15/2026
Listed
$799,950
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5002 S 58th Street, Tacoma, WA 98409 (MLS# 2524218) is a Multi-Family property that was sold at $795,000 on August 03, 2026. Want to learn more about 5002 S 58th Street? Do you have questions about finding other Multi-Family real estate for sale in Tacoma? You can browse all Tacoma real estate or contact a Coldwell Banker agent to request more information.

