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Listed by:eXp Realty • Nicholas Zaharevich
$565,000
Est. payment /mo
5 Beds
2 Baths
1,924 SqFt
New
5428 S Cedar St Tacoma, WA 98409
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,924 sqft
Price per Sqft $293
Subdivision South Tacoma
MLS Listing ID 2557670
Style 52 - Duplex
Bedrooms 5
Year Built 1925
Annual Tax Amount $4,731
Lot Size 6,600 Sqft
Property Sub-Type Multi Family
Property Description
Turnkey investment opportunity featuring two homes on one lot in the heart of Tacoma. The property includes a 3-bedroom, 1-bath main residence (1,284 sq ft) and a detached 2-bedroom, 1-bath ADU (640 sq ft) with alley access. Both units are leased through February 28, 2027, producing $4,150 per month ($49,800 annually) in scheduled rental income. The main home features an open kitchen with dining area, wood-burning fireplace, finished attic, and fully fenced yard. The detached ADU offers updated finishes, a full kitchen, living room, in-unit laundry, and private access. Conveniently located near shopping, dining, schools, transit, and I-5. An excellent opportunity to acquire a stabilized income-producing property with future flexibility when the current leases expire.
Location
State WA
County Pierce
Area 47 - South Tacoma
Interior
Fireplace false
Exterior
Exterior Feature Stucco, Wood
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Tacoma
Others
Senior Community No
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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