LKV Realty
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Nicholas ZaharevicheXp Realty
$565,000
5428 S Cedar St, Tacoma, WA 98409Listing ID 2557670

5428 S Cedar St, Tacoma, WA 98409

Active
South Tacoma
Last updated: 11 hours ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Multi Family
Square Feet
Square Feet
1,924
Acres
Acres
0.15
Cooling
Cooling
None
Heating
Heating
Baseboard, Forced Air
Year Built
Year Built
1925

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.

Property Information

Property Details

Location

Address
5428 S Cedar St
County
Pierce
City
Tacoma
Zip Code
98409
Subdivision
South Tacoma
School District
Tacoma
High School
Buyer To Verify
Elementary School
Buyer To Verify
MLS Area
47 - South Tacoma

Interior Features

Heating and Cooling

Cooling
None
Heating
Baseboard, Forced Air

Building

Building Information

Square Feet
1,924
Year Built
1925
Construction
Stucco, Wood
Roof
Composition

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$4,731
Tax Year
2026

Homeowner Association

HOA Fee Frequency
Not Applicable
Source: Northwest Multiple Listing Service
Northwest Multiple Listing Service logo

Based on information submitted to the MLS GRID as of 14 Aug 2026, 03:38 AM UTC. 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. Some IDX listings have been excluded from this website. IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

For corrections to this data please contact Brytecore MLS Support.

NWM146741

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.