8311 Lake Street SW Lakewood, WA 98498
8311 Lake Street SW
Lakewood, WA 98498
$674,999
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
Welcome to this turnkey triplex offering an exceptional opportunity for investors seeking immediate cash flow. Each of the three 2-bedroom, 1-bath units offers approximately 696 sq. ft. and has been thoughtfully updated. Recent updates in last 5 years include new roof, new septic system, vinyl windows, fencing, and extensive interior renovations throughout the units. Current rents are $1,625/month for Unit 1 and $1,650/month each for Units 2 and 3, plus an additional $150 per month from each tenant toward utilities, creating strong income potential. A shared laundry room, ample off-street parking, and a prime location just minutes from JBLM, I-5, restaurants, shopping, and American Lake make this a true cash-flowing investment and an excellent addition to any portfolio.
Property Features
Community: Tillicum
Tri-plex
View: Territorial
Cable TV
Fenced-Fully
Exterior: Wood
Roof: Composition
Year Built: 1963
2025 Taxes: $5737.00
Buyer Broker Comp.: Request with offers
Listing #: 2555073
Lot Details
Lot Size: 0.30 acres
Corner Lot
Paved
Sidewalk
No. of Units: 3
Interior
Cooling: Forced Air
Heating: Forced Air
Electric
Schools
District: Clover Park
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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