PROPERTIES FOR SALE

8602 Lake Street SW Lakewood, WA 98498

NWMLS Courtesy of CENTURY 21 North Homes Realty
8602 Lake Street SW
Lakewood, WA 98498
$399,500
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Pending
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Opportunity is knocking with this fully rented duplex boasting an impressive 8% cap rate and room for future expansion. Perfectly situated just half a mile from the picturesque shores of American Lake, near JBLM, Harry Todd Park, and minutes from I-5, this corner-lot property offers a newer roof and a fully fenced yard. Inside, the main unit features 3 bedrooms plus a bonus room and 1 bath, while the second unit provides a cozy 1 bedroom and 1 bath. Whether you’re a seasoned investor or just starting to build your portfolio, this cash-flowing gem pairs convenience with unlimited potential. Don’t let this incredible opportunity pass you by—schedule your showing today!

Property Features

Community: American Lake
Duplex
View: Territorial
Cable TV
Deck
Fenced-Fully
Outbuildings
Patio
Exterior: Wood
Exterior: Wood Products
Roof: Composition
Year Built: 1947
2024 Taxes: $3930.00
Listing #: 2321964

Lot Details

Lot Size: 0.14 acres
Corner Lot
Curbs
Paved
Sidewalk
No. of Units: 2

Interior

Cooling: None
Heating: Stove/Free Standing
Electric

Schools

District: Clover Park
Elem: Tillicum Elem
Middle: Woodbrook Mid
High: Clover Park High
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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