5428 S Cedar St, Tacoma, WA 98409
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
- Active
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:October 29, 2026 at 11:35 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
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