5032 S 58th Street, Tacoma, WA 98409 (MLS # 2335153)
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Listing provided courtesy of Northwest MLS; Keller Williams Seattle Metro
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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!
| LAST UPDATED | 2/21/2025 | TRACT | South Tacoma |
|---|---|---|---|
| YEAR BUILT | 1978 | COMMUNITY | South Tacoma |
| COUNTY | Pierce | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 45 - South Tacoma |
| BASEMENT | Yes |
| CONSTRUCTION | Wood Siding |
| HEAT | Baseboard, Electric |
| HOA DUES | 600 |
| INTERIOR | Wall to Wall Carpet |
| LOT | 0.3641 acre(s) |
| LOT DESCRIPTION | Cul-de-sac |
| MLS STATUS | Active |
| STORIES | 3 |
| STYLE | 54 - 4-Plex |
| SUBDIVISION | South Tacoma |
| TAXES | 8216 |
| UTILITIES | Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Territorial |
| WATER | Public |
| SATELLITE VIEW |
| / | |
Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2/22/25 12:34 PM PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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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