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JRJeff ReynoldsCompass · Seattle

Listed by Uma D Chand, RealTrust Properties

2,496
Square feet
$286
Per sq ft
Multi Family
Type
1957
Year built
6,600 sq ft
Lot
1
Days on market

About this property

This Lakewood duplex brings in $4800 per two units, and tenants pay utilities on top of rent. Both units were fully renovated in 2026. More than $125,000 went into bringing the duplex up to the City of Lakewood rental housing requirements. The work covered flooring, bathrooms, plumbing, electrical, furnaces, basement windows, appliances, painting, roof and gutter cleaning and other fixtures. Each units lives like a single family home, with its own attached one car garage for parking and storage and its own large fenced backyard. Fencing separates the two yards from each other and from the neighboring lots, so each household gets private outdoor space for kids, pets or summer barbecues. Unit 12403 has 3 bedrooms, 1bath, a bright galley kitchen with eat-in dining, two family rooms and a wood-burning fireplace for cozy evenings. It rents for $2,500 per month plus utilities. Unit 12405 has 3bedrooms, 1.75 bathrooms, a bright galley kitchen with eat-in dining, two family rooms and a wood burning fireplace. It's leased at $2,300 per month plus utilities through May 2027.The property is minutes from American Lake and local parks. The major systems are already updated, so the next owner can focus on leasing instead of repairs!!!

Location & commute

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Directions

Property details

Listing details

Listing number
#2591137
Listed
October 7, 2026
Days on market
1
Price per sq ft
$286

Unit & building

Stories in building
2
Units in building
2

Parking

Covered spaces
2
Total spaces
4

Views

View
Territorial

Construction

Year built
1957
Style
52 - Duplex
Structure
Duplex
Roof
Composition

Heating & cooling

Heating
Forced Air
Cooling
Forced Air
Energy source
ElectricNatural Gas

Flooring

Flooring
Laminate

Lot

Lot features
Cul-De-SacPaved
Lot size
6,600 sq ft

Terms

Terms offered
ConventionalFHAUSDA LoanVA Loan

Utilities

Water
Community
Sewer
Sewer Connected

Schools

District
Clover Park
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
  • Electric
  • Natural Gas
  • Laminate
  • Cul-De-Sac
  • Paved
  • Conventional
  • FHA
  • USDA Loan

Listing history

  1. Listed

    $715,000

    October 7, 2026

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

$4,163

Principal & interest
$3,615
Property tax (est.)
$548

Assumes $143,000 down (20%), a $572,000 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 October 8, 2026 at 5:15 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.