$1,900,000 Price Analysis    ♡   Lakewood, WA 98499 Unknown bed 0 bath 5,789 SqFt ($328/SqFt) 1.47 acre lot. Built 1952 Listed 2024-05-31, Taxes $10,572 | Ⓧ USDA Ineligible due to price & location near Lakewood |
Unveiling an exceptional investment opportunity!
This offering comprises not one, but two well -maintained duplexes, alongside a versatile triplex and tw charming single-family homes. Strategically positioned in Lakewood, these properties boast prime rental potential, promising consistent cash flow and long-term appreciation.
Each unit exudes modern comfort and convenience, attracting tenants seeking fantastic living standards. Don't miss out on this chance to expand your real estate portfolio and secure a steady stream of income. Act now and seize this golden investment opportunity. Can be purchased individually as well!!
Presented by Kenneth Patton at
COMPASS.
Property MLS #2243715 from NWMLS
Heating Features: Baseboard
Heating Fuel: Electric
Heating: Yes
Heating Fuel: Electric
Heating: Yes
Wood Products
Carport Spaces: 3
Open Parking Spaces: 8
Open Parking: Yes
Parking Total: 11
Open Parking Spaces: 8
Open Parking: Yes
Parking Total: 11
Lot Size Acres: 1.4692
Lot Size Square Feet: 64000
Lot Size Square Feet: 64000
Gross Scheduled Income: 117600
Leasable Area: 5789
Leasable Area Units: Square Feet
Leasable Area: 5789
Leasable Area Units: Square Feet
High School District: Clover Park
Four Heroes Elementary School is a public elementary school located approximately 1.3 miles away.
Map directions
Map directionsLochburn Middle School is a public middle school located approximately 1.5 miles away.
Map directions
Map directionsClover Park High School is a public high school located approximately 2.1 miles away.
Map directions
Map directionsPuget Sound Christian School is a private elementary school located approximately 1.1 miles away.
Map directions
Map directionsCalculated Total Monthly Association Fees: 0
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 2
Bedrooms in Unit-6: 2
Bedrooms in Unit-7: 2
Bedrooms in Unit-8: 2
Bedrooms in Unit-9: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Total Bathrooms in Unit-7: 1
Total Bathrooms in Unit-8: 1
Total Bathrooms in Unit-9: 1
Unit-1 Description: 9210
Unit-2 Description: 9216
Unit-3 Description: 9218
Unit-4 Description: 9301
Unit-5 Description: 9303
Unit-6 Description: 9206
Unit-7 Description: 9212
Unit-8 Description: 9214
Unit-9 Description: 9219
Unit-1 Square Feet: 621
Unit-2 Square Feet: 727
Unit-3 Square Feet: 727
Unit-4 Square Feet: 775
Unit-5 Square Feet: 775
Unit-6 Square Feet: 432
Unit-7 Square Feet: 429
Unit-8 Square Feet: 429
Unit-9 Square Feet: 864
Unit 1 Total Actual Rent: 950
Unit 2 Total Actual Rent: 1250
Unit 3 Total Actual Rent: 1200
Unit 4 Total Actual Rent: 950
Unit 5 Total Actual Rent: 950
Unit 6 Total Actual Rent: 950
Unit 7 Total Actual Rent: 1150
Unit 8 Total Actual Rent: 1150
Unit 9 Total Actual Rent: 1250
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 2
Bedrooms in Unit-6: 2
Bedrooms in Unit-7: 2
Bedrooms in Unit-8: 2
Bedrooms in Unit-9: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Total Bathrooms in Unit-7: 1
Total Bathrooms in Unit-8: 1
Total Bathrooms in Unit-9: 1
Unit-1 Description: 9210
Unit-2 Description: 9216
Unit-3 Description: 9218
Unit-4 Description: 9301
Unit-5 Description: 9303
Unit-6 Description: 9206
Unit-7 Description: 9212
Unit-8 Description: 9214
Unit-9 Description: 9219
Unit-1 Square Feet: 621
Unit-2 Square Feet: 727
Unit-3 Square Feet: 727
Unit-4 Square Feet: 775
Unit-5 Square Feet: 775
Unit-6 Square Feet: 432
Unit-7 Square Feet: 429
Unit-8 Square Feet: 429
Unit-9 Square Feet: 864
Unit 1 Total Actual Rent: 950
Unit 2 Total Actual Rent: 1250
Unit 3 Total Actual Rent: 1200
Unit 4 Total Actual Rent: 950
Unit 5 Total Actual Rent: 950
Unit 6 Total Actual Rent: 950
Unit 7 Total Actual Rent: 1150
Unit 8 Total Actual Rent: 1150
Unit 9 Total Actual Rent: 1250
Annual Tax Amount: 10626
Source Listing Status: Active
Country Region: US
County: Pierce
Cap Rate: 4
Directions: From South Tacoma Way, Head East On 92nd, South On 34th Ave
Tax Year: 2024
Source Property Type: Multi-Family
Insurance Expense: 7116
Area: 37 - Lakewood
List Development Name: Lakewood
Source Neighborhood: Lakewood
Parcel Number: 4270000131
Street Suffix Modifier: Avenue
Subdivision: Lakewood
Source System Name: C2C
Source Listing Status: Active
Country Region: US
County: Pierce
Cap Rate: 4
Directions: From South Tacoma Way, Head East On 92nd, South On 34th Ave
Tax Year: 2024
Source Property Type: Multi-Family
Insurance Expense: 7116
Area: 37 - Lakewood
List Development Name: Lakewood
Source Neighborhood: Lakewood
Parcel Number: 4270000131
Street Suffix Modifier: Avenue
Subdivision: Lakewood
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $651,000 + $312,300 $963,300 | $10,572 |
| 2022 | $532,100 + $254,500 $786,600 | $9,804 |
| 2021 | $508,400 + $182,800 $691,200 | $9,586 |
| 2020 | $469,300 + $157,300 $626,600 | $9,033 |
| 2019 | $439,500 + $161,900 $601,400 | $7,755 |
| 2018 | $389,800 + $117,500 $507,300 | $7,865 |
| 2017 | $346,700 + $91,400 $438,100 | $7,180 |
| 2016 | $334,100 + $74,400 $408,500 | $6,778 |
| 2015 | $313,400 + $65,300 $378,700 | $6,477 |
| 2014 | $287,100 + $56,100 $343,200 | $6,126 |
| 2013 | $264,800 + $51,600 $316,400 | $5,461 |
| 2012 | $276,900 + $80,700 $357,600 | $5,703 |
| 2011 | $314,300 + $107,600 $421,900 | $6,301 |
| 2010 | $315,100 + $125,600 $440,700 | $6,110 |
| 2008 | $322,700 + $139,000 $461,700 | $6,112 |
| 2007 | $321,500 + $145,700 $467,200 | $7,835 |
Listed 2024-05-31
$1,900,000
NWMLS
Sold 1994-10-18
$170,000
Public Record
Sold 1991-08-01
$225,000
Public Record
$1,900,000
NWMLS
Sold 1994-10-18
$170,000
Public Record
Sold 1991-08-01
$225,000
Public Record
Net Operating Income: 83358
Operating Expense: 34242
Operating Expense: 34242
Power Production Type: Electric
Sewer: Sewer Connected
Water Source: Public
Sewer: Sewer Connected
Water Source: Public
Building Area Total: 5789
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Living Area Units: Square Feet
Property Age: 72
Roof: Composition
Building Total Stories: 1
Structure Type: Multi Family
House Style: 5-9 Units
Elevation Units: Feet
Year Built Effective: 1980
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Living Area Units: Square Feet
Property Age: 72
Roof: Composition
Building Total Stories: 1
Structure Type: Multi Family
House Style: 5-9 Units
Elevation Units: Feet
Year Built Effective: 1980
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.