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Pacific-Lakeview Multifamily Home for Sale

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    $1,125,500

    • 12 Beds
    • 4 Baths

    11213 Kline St SW, Lakewood, WA 98499

    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

    Peggy Kellogg Targa Real Estate Services Inc

    11213 Kline St SW, Lakewood, WA 98499

Why Live in Pacific-Lakeview

Pacific-Lakeview in Lakewood offers residents a serene environment with spectacular views of Mount Rainier and access to lush parkland and pristine lakes. Housing in this neighborhood is budget-friendly, featuring small two- to three-bedroom bungalows and ranch-style homes on lots less than 1/4 acre. The tree-lined streets are wide, though there are no sidewalks. Many residents work at the nearby Joint Base Lewis-McChord military base. The neighborhood is home to several local attractions, including the historic Thornewood Castle on American Lake, known for its Tudor-Gothic architecture and ties to Hollywood films. Outdoor enthusiasts can enjoy the recently renovated Springbrook Park, which features a playground, baseball field, basketball courts, picnic shelters, and community gardens. American Lake, the largest natural lake in Pierce County, offers excellent fishing and various water sports, all with stunning views of Mount Rainier. For shopping and dining, the Lakewood Towne Center, just a six-minute drive away, provides numerous options, including chain stores and restaurants like Barnes and Noble, Old Navy, Chipotle, and Five Guys. While the neighborhood lacks public transportation, it is conveniently located between Interstate 5 and Pacific Hwy SW, making it car-dependent. The Seattle-Tacoma International Airport is 31 miles away. Schools in the area include Tyee Park Elementary, Lochburn Middle School, and Clover Park High School, which offers an International Baccalaureate Program.

Home Trends in Pacific-Lakeview, WA

Housing Trends

Median Single Family Sale Price
$288,190
Average Price Per Sq Ft
$168
Number of Homes for Sale
1
Last 12 months Home Sales
0
Median List Price
$288,190
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