5428 S Cedar St, Tacoma, WA 98409
Listed by Nicholas Zaharevich, eXp Realty
$565,000
$294 per sq ft
5428 S Cedar St, Tacoma, WA 98409
Tacoma, WA, 98409
- Sq ft
- 1,924
- Built
- 1925
- Parking
- 4 spaces
Tour this home
Jeff Reynolds · Managing Broker, Compass
Start with a focused 15-minute call, then tour with a clear due-diligence plan.
- 1,924
- Square feet
- $294
- Per sq ft
- Multi Family
- Type
- 1925
- Year built
- 6,600 sq ft
- Lot
- 0
- Days on market
About this property
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 & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2557670
- Listed
- July 23, 2026
- Days on market
- 0
- Price per sq ft
- $294
Unit & building
- Stories in building
- 2
- Units in building
- 2
Parking
- Total spaces
- 4
Construction
- Year built
- 1925
- Style
- 52 - Duplex
- Structure
- Duplex
- Roof
- Composition
Heating & cooling
- Heating
- BaseboardForced Air
- Cooling
- None
- Energy source
- Electric
Lot
- Lot size
- 6,600 sq ft
Terms
- Terms offered
- CashConventionalFHAVA Loan
Utilities
- Water
- Public
- Sewer
- Sewer Connected
Schools
- District
- Tacoma
- Elementary
- Buyer To Verify
- Middle
- Buyer To Verify
- High
- Buyer To Verify
Listing history
Listed
$565,000
July 23, 2026
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$3,290
- Principal & interest
- $2,857
- Property tax (est.)
- $433
Assumes $113,000 down (20%), a $452,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of July 23, 2026 at 11:30 AM PDT. 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.