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5428 S Cedar St, Tacoma, WA 98409

Tacoma
Local realty services provided by:CENTURY 21 Lund, Realtors
Listed by: nicholas zaharevich
Office: exp realty
MLS#:2557670
Source:NWMLS
5428 S Cedar St,Tacoma, WA 98409
$565,000
  • - Beds
  • - Baths
  • 1,924 sq. ft.
  • Multi-family
  • Pending Inspection

Price summary

  • Price:$565,000
  • Price per sq. ft.:$293.66

About this home

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.

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Home facts

  • Year built:1925
  • Subdivision & Development:South Tacoma
  • Listing ID #:2557670
  • Updated:September 13, 2026 at 08:29 AM

Rooms and interior

  • Living area:1,924 sq. ft.

Heating and cooling

  • Heating:Baseboard, Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1925
  • Building area:1,924 sq. ft.
  • Lot area:0.15 Acres
  • Construction Materials:Stucco Exterior Finish, Wood Exterior Finish

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$565,000
  • Price per sq. ft.:$293.66
  • Tax amount:$4,731 (2026)

Parking

  • Total parking spaces:4
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 13, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved. NWMLS Member Broker: Greg Lund

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