Amazing investment property! Whether you are looking to add to your portfolio or looking for your very first investment property, this would be a great one. Both units are currently rented with well established tenants. Updates within the last couple years include a new roof, exterior paint and interior remodels. In addition, updated 4 inch plastic sewer line all the way to the main. Both units have their own assigned storage area along with their own set of washer and dryer. Low maintenance, low owner utility costs, and in a highly developing area. Very few duplexes in all of pierce county for sale in this price point. An investors dream! Also, neighboring duplex next door for sale as well. MLS #2315563
Amazing investment property! Whether you are looking to add to your portfolio or looking for your very first investment property, this would be a great one. Both units are currently rented with well established tenants. Updates within the last couple years include a new roof, exterior paint and interior remodels. In addition, updated 4 inch plastic sewer line all the way to the main. Both units have their own assigned storage area along with their own set of washer and dryer. Low maintenance, low owner utility costs, and in a highly developing area. Very few duplexes in all of pierce county for sale in this price point. An investors dream! Also, neighboring duplex next door for sale as well. MLS 2315200
Investment Opportunity! Discover this cash-flowing tri-plex on a spacious corner lot. All three units are currently occupied by long-term tenants, ensuring positive steady income. Features include on-site laundry facilities, 5 dedicated parking spots, and ample street parking. Conveniently located near I-5, Tacoma Mall, shopping, dining, & parks, this property offers a prime location for tenants. Don't miss this chance to secure a solid, income-generating property for your portfolio! Rents $3750. 2x1, 1x1, 0x1.
4-Plex for sale! Townhouse style new construction. Live in one unit, and rent out the other 3! This building could also be converted into condos and sold separately. Spacious floorplans, high ceilings, functional layout with modernized open concept living. Buyer able to obtain 30 year fixed rate, this qualifies as a residential loan. Units feature waterproof LVP flooring, quartz counters throughout kitchen/bathrooms, Ductless HP mini split units for heating/ac as well as wall heaters. Separated backyards for each unit. Numbers provided on rent are estimated based on comparables in area.
Unlock the power of smart real estate with this rare duplex opportunity, now featuring new roofs, fresh paint, and upgraded kitchens in both units! Each unit also includes brand-new washers and dryers, adding convenience for tenants and peace of mind for owners. Whether you're a first-time homebuyer looking to cut costs by renting one unit while living in the other, or seeking space for multi-generational living, this property offers flexibility and financial freedom. For those downsizing, move into one unit and enjoy passive income from the other. This is more than a home—it's a strategic investment. Don’t wait; this duplex won’t last! Please do not go onto the property or disturb the tenants.
Seize this unique opportunity—a house and duplex on the same property, now with new roofs, updated paint, and fully remodeled kitchens in all units! Each unit also includes new washers and dryers, making this a standout investment. Perfect for first-time homebuyers, live in the house and rent out the duplex to dramatically lower monthly payments. Separate living areas provide space and privacy for multi-generational households, while downsizers can move into one unit and let rental income from the others cover costs. This property is more than real estate; it’s a versatile wealth-building strategy. Act fast—opportunities like this don’t last! Please do not go onto the property or disturb tenants.
The Malibu Apartments is a Turn-Key asset with in place 5.89% Cap Rate with moderate upside. Malibu is comprised of 14 residential units, all 1 bed/1 bath and approximately 520 SF. 2 buildings, consisting of 8 units and 6 units respectively. The 8-unit building saw a studs out remodel in 2023. All 14 units are turn key. Washer/Dryer in each unit and plenty of on-site parking.
Incredible investment opportunity on a spacious corner lot in Lakewood! This darling duplex features one side at 800 square feet with 2 BR/1BA, tastefully updated with new laminate flooring, interior paint and a fence, and the second side is a well maintained 768 square feet with 2 BR/1 BA with newer carpets. Brand new roof installed 9/7 on both units and the carport with transferable 50 yr warranty. The units are only connected via the carport in between them! Both units have separate water and power meters, all utilities except sewer are currently paid by tenants directly. Great curb appeal, ample parking, conveniently located to parks, public transportation and amenities. What's not to love?!:)
Location, location! Great Investment, Turnkey opportunity to purchase this great income producing 8Plex, 4,584sf building, 19,200sf Parcel; 2 2BR & 6 1BR Apart, Zone C1, located in the heart of Lakewood, next to St. Clare Hospital. Well maintained 1-Story U-shape Brick Building, private courtyard, large playground area with fully gated fence, All the units are updated with tile, laminate, hardwood floor, gated-garbage enclosure by the street side. Current rents are much below market rent. With highly Rent demand, it has plenty of room to increase income, plus coin operated laundry. This Multi-Fam Building is on Lakewood Commercial Core, surrounding with businesses, residential developments; minutes to I5, JBLM Military Base, Towne Center.
The median home value in Lakewood, WA is $459,500. This is lower than the county median home value of $509,000. The national median home value is $338,100. The average price of homes sold in Lakewood, WA is $459,500. Approximately 40.6% of Lakewood homes are owned, compared to 51.93% rented, while 7.48% are vacant. Lakewood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lakewood real estate agent to arrange a tour today!
Lakewood, Washington 98499 has a population of 62,972. Lakewood 98499 is more family-centric than the surrounding county with 33.1% of the households containing married families with children. The county average for households married with children is 32.93%.
The median household income in Lakewood, Washington 98499 is $60,534. The median household income for the surrounding county is $82,574 compared to the national median of $69,021. The median age of people living in Lakewood 98499 is 35.7 years.
The average high temperature in July is 77.1 degrees, with an average low temperature in January of 36.5 degrees. The average rainfall is approximately 41.1 inches per year, with 5.3 inches of snow per year.