| Nextseason: | 1959 |
| Icelandic Basketball Tournament1 | |
| Extra Information: | 1 The league changed its name to Úrvalsdeild karla in 1978. |
| T Bg: |
|
| T Color: | white |
| Champions: | ÍKF (4th title) |
| Runners Up: | ÍS |
| Teams: | 6 |
| Games: | 15 |
| Duration: | 21 February 1958 – 27 March 1958 |
| Award4: | Domestic MVP |
| Award4 Link: | Úrvalsdeild Men's Domestic Player of the Year |
| Highest Scoring: | KFR-b 22–106 ÍKF (12 March 1958) |
| Winning Streak: | ÍKF 4 games |
| Losing Streak: | KR 5 games |
The 1958 Icelandic Basketball Tournament was the 7th season of the top tier men's basketball league in Iceland. The season started on 21 February 1958[1] and ended on 27 March 1958. ÍKF won its fourth title by posting the best record in the league.[2]
The participating teams played each other once for a total of 5 games. The top team won the national championship.