5012 S 58th Street

Tacoma, WA 98409

  • Bed

  • Bath

  • 0 SqFt

  • 28 DOM

  • Built: 1978

  • Status: Active

$875,000

X

5012 S 58th Street

Tacoma 98409

$875000

  • Bed

  • Bath

  • 0 SqFt

  • 28 DOM

  • Built: 1978

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

Solid Tacoma 4-plex investment with recent renovations and strong current performance. The owner has completed major upgrades, including new water heaters, appliances, flooring, paint, and deck repairs. Based on 2025 YTD actuals with tenant utility reimbursements, the property is operating near a ~7.0% cap (~$62,800 NOI) at asking. With full occupancy and normalized expenses, stabilized projections fall in the 5–6% range. Strong rental corridor with $1,550–$1,650/unit market rents and long-term upside. Vacant unit offers owner-occupant potential or additional rental income.

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Residence Information

  • 0

  • Composition

  • 54 - 4-Plex

  • 1978

  • Slab

  • Basement

Features and Utilities

  • Wood

  • Public

  • Sewer Connected

  • 0

Financial

  • 15300

  • Cash Out, Conventional

  • 10-06-2025

Comparable Information

  • 28

  • 28

  • Cash Out, Conventional

  • $895,000

  • $895,000

  • Nov 03, 2025 15:44

Schools

Map

Listing courtesy of Real Broker LLC.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Nov 21, 2025 13:35 | Listing last modified Nov 03, 2025 15:44. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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