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JRJeff ReynoldsCompass · Seattle

Listed by Shane Klinkhammer, RE/MAX Northwest

2,870
Square feet
$221
Per sq ft
Multi Family
Type
1967
Year built
12,196 sq ft
Lot
32
Days on market

About this property

Rare opportunity to own a well-maintained duplex tucked against a peaceful greenbelt/wildlife corridor, offering a unique blend of privacy, nature, & income potential. Backing to a year-round creek and protected natural surroundings, this property provides a serene setting where deer and local wildlife are frequent visitors. ** The upper residence offers a spacious and thoughtfully updated layout with 2 bedrooms, an office, decorative fireplace, in unit laundry room w/W/D hookup + 1.5 baths w/private deck. Upgrades include granite countertops, newer cabinetry, laminate flooring, beautiful porcelain tile, vinyl windows and hot water heater (2024). ** The lower residence includes 2 bedrooms and 1 bath with fireplace, extra large in unit laundry w/W/D hookup, private patio, plus new hot water tank and new kitchen appliances (2024). Each unit has its own garage and access to the tranquil natural setting beyond. ** Whether you're an investor seeking a turnkey income property or an owner-occupant looking to offset your mortgage with rental income, this duplex offers flexibility + long-term value. Live in one unit while generating income from the other, or add a solid performer to your investment portfolio. New interior / exterior paint, 2024 new roof. ** Ideally located near Lake Steilacoom, shopping, dining, parks, and Lakewood Towne Center. A rare combination of nature, functionality, and investment opportunity in a well kept neighborhood. Must see this beautiful, turnkey duplex!

Location & commute

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

Directions

Property details

Listing details

Listing number
#2534085
Listed
June 11, 2026
Days on market
32
Price per sq ft
$221
Original list price
$649,500

Unit & building

Stories in building
2
Units in building
2

Parking

Total spaces
2

Views

View
Territorial

Construction

Year built
1967
Style
52 - Duplex
Structure
Duplex
Roof
Composition

Heating & cooling

Heating
BaseboardForced Air
Cooling
Window Unit(s)
Energy source
ElectricNatural GasWood

Flooring

Flooring
Ceramic TileLaminateVinylCarpet

Lot

Lot features
Cul-De-SacPaved
Lot size
12,196 sq ft

Terms

Terms offered
CashFarm Home LoanFHAVA Loan

Utilities

Water
Lakewood Water District
Sewer
Pierce County
Power
Tacoma Public Utilities

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
  • Baseboard
  • Forced Air
  • Window Unit(s)
  • Electric
  • Natural Gas
  • Wood
  • Ceramic Tile
  • Laminate
  • Vinyl

Listing history

  1. Listed

    $649,500

    June 11, 2026

  2. Current price

    $635,000

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

$3,698

Principal & interest
$3,211
Property tax (est.)
$487

Assumes $127,000 down (20%), a $508,000 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.