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.
Active
Listed by:
Linda Kahle,
Real Broker LLC
$895,000
5012 S 58th Street, Tacoma, WA 98409
8beds
4baths
--sqft
Est.:
Quadruplex
Built in 1978
-- sqft lot
$897,300 Zestimate®
$--/sqft
$50/mo HOA
What's special
New water heatersDeck repairsRecent renovations
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