Listed by Park 52, Inc.
$425,000

Estimated payment $2,695/month

Total Views 1,612
4 Beds
2 Baths
1,580 Sq Ft
$269 Price per Sq Ft

Highlights

  • Very Popular Property
  • No HOA
  • 1-Story Property
  • Wood Flooring
  • Wood Siding

About This Home

Looking for a fall project? The property needs TLC and is perfect for flippers and developers with opportunities to upgrade these units and maximize this investment. Each unit has 2 bedrooms, 1 bathroom, a laundry room off the kitchen, and a new gas wall furnace installed this year.

Listing Agent

Carrie Jakeman

Park 52, Inc. License #24297 Listed on: 08/25/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2424803

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,613

Year Built

  • Built in 1950

Home Design

  • Duplex
  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,580 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Open Parking

Additional Features

  • 0.37 Acre Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Lake Steilacoom Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4725001080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,613

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 1950
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 1580
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Block
  • Property Condition: Fair
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: PCS
  • WaterCompany: City of Lakewood
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Lakewood

Lot Info

  • Parcel Number: 4725001080
  • Lot Size Acres: 0.3673
  • Lot Size Sq Ft: 16000
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Tax Info

  • Year: 2025
  • Tax Annual Amount: 4613

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1300
  • Leasable Area: 1580
  • EnergySource: Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,486 $444,500 $236,700 $207,800
2024 $4,486 $430,100 $221,900 $208,200
2023 $4,486 $410,300 $229,200 $181,100
2022 $4,134 $419,300 $237,100 $182,200
2021 $3,855 $291,700 $150,100 $141,600
2019 $2,836 $247,700 $126,400 $121,300
2018 $2,784 $231,700 $117,400 $114,300
2017 $2,629 $185,300 $89,100 $96,200
2016 $2,202 $151,700 $64,800 $86,900
2014 $2,296 $135,400 $55,100 $80,300
2013 $2,296 $129,100 $52,600 $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 For Sale $425,000 -- $269 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2424803

Northwest Multiple Listing Service (NWMLS)

APN: 472500-1080