5010 South 58th Street
5010 South 58th Street
Tacoma, WA 98409
$888,000
Price
8
Beds
4
Baths
3,328 Sq. Ft.
$267 / Sq. Ft.
3,328
Sq. Ft.
$267
per Sq. Ft.
Listing provided courtesy of Kelly Right RE of Seattle LLC
Description
Fantastic 4-plex opportunity in an excellent, easy to rent area! Perfect for investor or owner-occupied investment. All units have been recently updated and new roof in 6/2019, making it a solid, turn-key property. Each 832 sq.ft. unit features 2 bedrooms, 1 full bath, living and dining rooms along with a washer/dryer and patios. Each unit also has a storage space and 2 parking spaces. Currently, fully leased with two units on month-to-month! The 4-plex is well-maintained, centrally located close...Fantastic 4-plex opportunity in an excellent, easy to rent area! Perfect for investor or owner-occupied investment. All units have been recently updated and new roof in 6/2019, making it a solid, turn-key property. Each 832 sq.ft. unit features 2 bedrooms, 1 full bath, living and dining rooms along with a washer/dryer and patios. Each unit also has a storage space and 2 parking spaces. Currently, fully leased with two units on month-to-month! The 4-plex is well-maintained, centrally located close to downtown, University Place, shopping, and I-5 freeway. Hurry, this won’t last.
- Listed by Terry Long • Kelly Right RE of Seattle LLC
Property Details for 5010 South 58th Street
Community Name
South Tacoma
School DistrictTacoma
Number of Assigned Spaces8
Total Covered Parking0
Entry Date04-24-2024
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Kelly Right RE of Seattle LLC![]()
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LISTING UPDATED: 05/01/2024 10:45 PM
Property Details for 5010 South 58th Street
| Status | Active |
|---|---|
| MLS # | 2226541 |
| Days on Market | 10 |
| Cumulative Days on Market | 9 |
| Taxes | $7,464 / year |
| HOA Fees | $50 / month |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1978 |
| Lot Size | 0.34 AC / 14,740 SF |
| County | Pierce County |
Location
Listing Courtesy of Kelly Right RE of Seattle LLC![]()
Add your commute
Building Information for 5010 South 58th Street
Stories2Residences4Year Built1978Building Size-Lot Size0.34 AC / 14,740 SF
Payment Calculator
$5,518 per month
30 year fixed, 7.25% Interest
Principal and Interest
$4,846
Property Taxes
$622
HOA Dues
$50
The Payment Calculator is for illustrative purposes only.
Property Information for 5010 South 58th Street
Summary
Location and General Information
- Style: 54 - 4-Plex
- Site Features: Deck
- Area: 45 - South Tacoma
- Effective Year Built Source: Public Records
- Directions: I-5 S 56th St exit; Head west on S 56th St; Left on S Orchard St W; follow that around to S 58th St; Left onto S 58th St, and property is on the left.
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2023
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 8.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Floor Covering: Vinyl, Vinyl Plank, Carpet
- Features: Wall to Wall Carpet
- Cooling: Yes
- Cooling: Wall Unit(s)
- Fireplace: No
- Heating: Yes
- Heating: Wall Unit(s)
- FIRPTA: No
Exterior Features
- Exterior: Wood
- Roof: Composition, Flat, Torch Down
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 7686
- Power Company: TPU
- Sewer Company: TPU
- Water Company: TPU
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Slab
- Zoning Class: Multi-Family
- First Right Of Refusal: false
- Possible Use: Multi-Family
- MLS Square Footage Source: Tax Record
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1995
- Photos Count: 21
Lot Information
- Lot Size Dimensions: 110ft by 137ft
- Lot Number: 4
- Lot Size Source: Tax Record
- Parcel Number Free Text: 6551000040
- Building Condition: Good
- Calculated Square Footage: 3328
- Structure Type: Quadruplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 3328.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 8
- Number of Stories in Building: 2
- Vacancy Rate: 1
- Number Of Units Total: 4
- Units Below Grade: false
- Units In Building Total: 4
Financing / Income and Expenses
- Electric Expense: $384
- Total Expenses: 16834
- Gross Adjusted Income: 62073
- Gross Rent Multiplier: 19.6
- Gross Scheduled Income: $62,700
- Insurance Expense: $1,300
- Net Operating Income: $45,239
- Other Expenses: $0
- Total Monthly Income: 5225
- Fuel Expense: $0
Unit 1
- Name Unit 1: 5010A
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 832
- Rent Unit 1: $1,150.00
- Bedrooms Unit 1: 2
- Fireplaces Unit 1: 0
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 5010B
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 832
- Rent Unit 2: $1,250.00
- Bedrooms Unit 2: 2
- Fireplaces Unit 2: 0
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 5010C
- Washer/Dryer Unit 3: true
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 832
- Rent Unit 3: $1,400.00
- Bedrooms Unit 3: 2
- Fireplaces Unit 3: 0
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 5010D
- Washer/Dryer Unit 4: true
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: true
- Square Feet Unit 4: 832
- Rent Unit 4: $1,425.00
- Bedrooms Unit 4: 2
- Fireplaces Unit 4: 0
- Bathrooms Unit 4: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 3328.0
- Leasable Area Units: Square Feet
Property History for 5010 South 58th Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5010 South 58th Street
Taxable ValueLand$229,400Additions$450,000Total$679,400
Tax Record2024$7,558 ($630 / month)
Home Facts
Total Finished SqFt3,328 SqFtAbove Ground SqFt3,328 SqFtStories2Lot Size14,740 SqFtStyleMulti-Family Res (5+ Units)Year Built1978Year Renovated2012ZoningR2CountyPIERCEAPN6551000040Fireplace TypeHas Fireplace
Schools near 5010 South 58th Street
This home is within Tacoma School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Manitou Park PublicPK to 5 | ||
Gray Middle School Public6 to 8 | ||
Mt Tahoma Public9 to 12 | ||
Oakland Alternative High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Kelly Right RE of Seattle LLC
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.