$712,000
5032 S 58th Street, Tacoma, WA, 98409
Listing Courtesy of
Keller Williams Seattle Metro
5032 S 58th Street , Tacoma, WA 98409
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!
Source Northwest MLS
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PROPERTY DETAILS
- Mls Id2335153
- StatusActive
- AreaSouth Tacoma
- Foundation DetailsPoured Concrete
- FlooringVinyl, Carpet
- CarportNo
- CityTacoma
- CountyPierce
- Exterior FeaturesWood, Wood Products
- FireplaceNo
- High School DistrictTacoma
- Interior FeaturesWall to Wall Carpet
- Living Area0 Square Feet
- Lot FeaturesCul-De-Sac
- Lot Acres0.3641
- Lot Square Feet15860
- New ConstructionNo
- Zip Code98409
- Property TypeMulti-Family
- RoofFlat, Torch Down
- SewerSewer Connected
- WaterfrontNo
- Water SourcePublic
- Year Built1978
- Checked For Updates2025-02-22 07:01:46 PST
Based on information submitted to the MLS GRID as of 2025-02-22 07:01:46 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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