PROPERTIES FOR SALE

11213 Kline Street SW Lakewood, WA 98499

NWMLS Courtesy of Targa Real Estate Services Inc
11213 Kline Street SW
Lakewood, WA 98499
$1,125,500
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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Prime 4-Unit Multi-Family investment with ~7% cap rate! Generating $8K in monthly rental income with stable tenants in place. This large 27k sqft lot has 2 single family homes and 1 duplex. All the units enjoy spacious interiors and large yards. The property is ideally located near major freeways, JBLM, and Lakewood Transit Station. This turnkey property offers strong cash flow and excellent investment potential in a sought-after neighborhood. Don’t miss out—properties like this move quickly!

Property Features

Community: Lakewood
Duplex
View: Territorial
Exterior: Wood
Exterior: Wood Products
Roof: Composition
Year Built: 1940
2025 Taxes: $7885.00
Buyer Broker Compensation: 2.5%
Listing #: 2350146

Lot Details

Lot Size: 0.62 acres
Lot Dimensions: 26921
No. of Units: 4

Interior

Cooling: None
Heating: Forced Air, Baseboard
Electric

Schools

District: Lakewood
Elem: Buyer To Verify
Middle: Buyer To Verify
High: Buyer To Verify
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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