5428 S Cedar St, Tacoma, WA 98409

Property Description

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 Status:

Active

Data Last Updated:

August 13, 2026 at 7:21AM

Listing Office:

eXp Realty : 888-317-5197

Listing Agent:

Nicholas Zaharevich : 888-317-5197

MLS ID:

2557670

Interior

• A/C: None
• Heating: BaseboardForced Air
• Fireplace: Fireplaces: 0

Exterior

• General: StuccoWood
• Parking: Parking spaces: 4

Construction

• Roofing: Composition
• General: 52 - Duplex

Location

• HOA Amenities: 0.0Not Applicable
• Originating MLS: nwmls
• School District: Tacoma
• County: Pierce

Lot

• Zoning: 5360000750

Utilities

• Water: Public
• Sewer: Sewer Connected

Financial

• Source: nwmls