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JRJeff ReynoldsCompass · Seattle

Listed by Peter Bradrick, Keller Williams West Sound

2,360
Square feet
$248
Per sq ft
Multi Family
Type
1958
Year built
8,316 sq ft
Lot
68
Days on market

About this property

Two units, one smart investment, welcome to your next cash-flowing property in Lakewood! This well-maintained 2,360 sq ft duplex at 5907-5909 111th St Sw offers endless potential for investors, multi-generational living, or owner-occupants looking to offset their mortgage. Each spacious unit features 2 large bedrooms, 1.5 bathrooms, and a bright, inviting living room centered around a cozy fireplace. The layout boasts a large kitchen space with ample storage, plus a separate laundry room and half-bath on the main floor. Upstairs, you'll find two generously sized bedrooms and a full bathroom, providing comfortable separation of space. Situated on a large 8,316 sq ft lot, the property includes a fully fenced yard, newly replaced water heaters, updated bathroom (5909), new carpet, a patio, and abundant parking with up to 8 spaces (including carports). Well maintained to ensure it's move-in ready. In a prime location situated in the desirable Lakeview neighborhood, this duplex is just minutes from Joint Base Lewis-McChord (JBLM), making it a highly sought-after rental. Enjoy walking distance to Clover Park High School, local parks, and the Lakewood Towne Center. Commuting is a breeze with quick access to I-5 and Bridgeport Way. Whether you're looking to live in one unit and rent the other, accommodate extended living, or add a solid cash-flowing asset to your portfolio, this duplex delivers. Don't miss out on this rare Lakewood property!

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2503329
Listed
April 8, 2026
Days on market
68
Price per sq ft
$248
Original list price
$599,733

Unit & building

Unit
07-09
Stories in building
2
Units in building
2

Parking

Covered spaces
2
Total spaces
8

Views

View
Territorial

Construction

Year built
1958
Style
52 - Duplex
Structure
Duplex
Roof
Composition

Heating & cooling

Heating
Forced Air
Cooling
None
Energy source
ElectricNatural Gas

Flooring

Flooring
LaminateVinylVinyl PlankCarpet

Lot

Lot features
Paved
Lot size
8,316 sq ft

Terms

Terms offered
CashConventionalFHAVA Loan

Utilities

Water
Lakewood Water District
Sewer
Pierce County Sewer
Power
Tacoma Public Works

Schools

District
Lakewood
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Territorial
  • Duplex
  • Composition
  • Forced Air
  • None
  • Electric
  • Natural Gas
  • Laminate
  • Vinyl
  • Vinyl Plank
  • Carpet
  • Paved

Listing history

  1. Listed

    $599,733

    April 8, 2026

  2. Current price

    $585,000

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

$3,407

Principal & interest
$2,958
Property tax (est.)
$449

Assumes $117,000 down (20%), a $468,000 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 13, 2026 at 11:15 PM 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.