5428 S Cedar St

Tacoma, WA 98409
  • $565,000

    Price
  • 5

    Bed
  • 2

    Bath
  • 1,924

    SqFt

About the Listing 5920 - 146741

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.

Listing Highlights

Status Active
Days on Site 11
Property Type Multi-Family
MLS ® 2557670
Year Built 1925
Total Square Footage 1,924
Lot/Acreage 0.15
County Pierce
Neighborhood South Tacoma
School District Tacoma

Interior Details

  • Bedrooms: 5
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating: Baseboard,Forced Air
  • Fireplaces: 0
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 4
  • Roof: Composition
  • Others: Stucco,Wood
  • Sewer: Sewer Connected

Financial Details

  • Tax Amount: $4,731
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5360000750
  • Tax Year: 2026

Payment Calculator

Monthly Payment

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Questions About..

5428 S Cedar St Tacoma, WA 98409

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Originating MLS: nwmls

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Sam Golla-Cohen

| Washington Management Company

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