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JRJeff ReynoldsCompass · Seattle

Listed by Mihail Gutu, AQUA Real Estate

1,548
Square feet
$401
Per sq ft
Multi Family
Type
1951
Year built
9,882 sq ft
Lot
125
Days on market

About this property

This recently updated duplex presents a strong opportunity for steady cash flow. Both 2 bed / 1 bath units feature modernized kitchens with newer appliances, quality fixtures, and quartz or granite countertops. Interiors include updated bathrooms, new flooring, and fresh paint throughout. The property sits on a large lot with fully fenced backyards, separated by a fence between the units for added privacy. It has been pre-inspected and is fully occupied with reliable tenants. Current rents are approximately 20% below market value, offering room for future increases. A detached two-car garage may provide additional rental income or potential conversion to another unit (buyer to verify),6 more parking spots in driveway. Conveniently located near the lake and many local amenities. Please do not disturb tenants.

Location & commute

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Directions

Property details

Listing details

Listing number
#2489355
Listed
March 10, 2026
Days on market
125
Price per sq ft
$401
Original list price
$630,000

Unit & building

Building
Pecks First
Stories in building
1
Units in building
2

Parking

Covered spaces
6
Total spaces
6

Construction

Year built
1951
Style
52 - Duplex
Structure
Duplex
Roof
Composition

Heating & cooling

Heating
Wall Furnace
Cooling
None
Energy source
Electric

Lot

Lot features
Corner LotSidewalk
Lot size
9,882 sq ft

Terms

Terms offered
CashConventionalFHA

Utilities

Water
Lakewood Water District
Sewer
Available
Power
Tacoma Public Utilities

Schools

District
Clover Park
Elementary
Custer Elem
Middle
Lochburn Mid
High
Clover Park High

What stands out to you?

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  • Duplex
  • Composition
  • Wall Furnace
  • None
  • Electric
  • Corner Lot
  • Sidewalk
  • Cash
  • Conventional
  • FHA
  • Available

Listing history

  1. Listed

    $630,000

    March 10, 2026

  2. Current price

    $620,000

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

$3,610

Principal & interest
$3,135
Property tax (est.)
$475

Assumes $124,000 down (20%), a $496,000 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.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 14, 2026 at 12:45 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.