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Listing courtesy of NWMLS / Keller Williams Seattle Metro

5032 S 58th Street

Tacoma, WA 98409

– beds
– baths
5,435 sqft
15,860 sqft lot
$137 per sqft
1993 build

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 at $180k below tax assessed value!

Listing courtesy of NWMLS / Keller Williams Seattle Metro

Last checked: Checking… • Last updated Feb 14, 2025 •

MLS# 2323569 —

The Building

Year Built:

1978
Year Built:

1993
Year Built Source:

Public Records
New Construction:

false
Structure Type:

Quadruplex
Exterior Features:

Wood, Wood Products
Roof:

Flat, Torch Down
Units In Building Total:

4
Foundation Details:

Poured Concrete
# of Units Total:

4
Stories Total:

3
Building Area Total:

5435
Building Area Units:

Square Feet
Calculated SqFt:

5435
SqFt Source:

Appraiser

Interior

Interior Features:

Wall to Wall Carpet
Flooring:

Vinyl, Carpet
Fireplace:

false

Financial & Terms

Possession:

Closing, Tenant's Rights

Location

Latitude:

47.203431
Longitude:

-122.504273
Directions:

S 56th St to the FIRST S Orchard St turn.

The Property

Property Type:

Residential Income
Property Subtype:

Multi-Family
Property Condition:

Average
Parcel Number:

6551000180
Lot Features:

Cul-De-Sac
Lot Size Units:

Square Feet
Lot Size Acres:

0.3641
Lot Size SqFt:

15860
Lot Size Source:

Realist
Zoning Class:

Multi-Family,Residential
Zoning Jurisdiction:

City
View:

Territorial
View:

true
Waterfront:

false
Possible Use:

Multi-Family, Residential
Irrigation Water Rights:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

7500

The Listing

Special Listing Conditions:

None

Heating & Cooling

Cooling:

false
Heating:

true
Cooling:

None
Heating:

Baseboard

Utilities

Sewer:

Sewer Connected
Water Sewer Garbage:

6000

Schools

High School District:

Tacoma

The Community

Subdivision Name:

South Tacoma
Amenities:

Basement,Coin Op Laundry,Storage
Senior Community:

false
Association Fee:

600
Association Fee Frequency:

Annually
Association:

true

Parking

Parking Total:

8
Parking Uncovered Spaces:

4
Open Parking:

true
Open Parking Spaces:

4
Carport Spaces:

4
Carport:

false

Listing courtesy of NWMLS / Keller Williams Seattle Metro

This "Three Trees" icon indicates a listing provided courtesy of NWMLS. Based on information submitted to the MLS GRID as of Wed Feb 19 2025 11:57 AM. 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. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.

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Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
2/14/25 Feb 14, 2025	Relisted	NWMLS	$749,900
1/29/25 Jan 29, 2025	Pending	NWMLS	$749,900
1/23/25 Jan 23, 2025	Listed / Active	NWMLS	$749,900

Multifamily For Sale

$749,900

HOA

$50/mo.

Listing provided by broker:

Charles Burnett

Keller Williams Seattle Metro

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This multifamily located in South Tacoma, Tacoma, WA 98409 is currently for sale for $749,900. 5032 S 58th Street is a 5,435 square foot multifamily with – beds and – baths. 5032 S 58th Street is in the South Tacoma neighborhood of Tacoma and has a WalkScore® of 40, making it car-dependent.

Listing courtesy of NWMLS / Keller Williams Seattle Metro

Disclaimer: The information contained in this listing has not been verified by Keller Williams Seattle Metro and should be verified by the buyer.