Listed by eXp Realty, Bought with SCOUT
NOT LISTED FOR SALE

10607 Kendrick St SW Lakewood, WA 98499

Lakeview Neighborhood
1 Bed
1 Bath
3,033 Sq Ft
10,500 Sq Ft Lot

Last Sold April 28, 2023

Last sale price $950,000 $313 Per Sq Ft

132 Days on Market

Highlights

  • Territorial View
  • Vinyl Plank Flooring
  • 1-Story Property
  • No HOA

About This Home

As of April 2023

SELLER IDENTIFIED 1031 AND NEEDS TO SELL! Turn-Key Over 7 CAP Opportunity! 5-Plex in a great location, very nice upgrades to all units, and strong rental income. This Multi-Family property features five single-story units with a mix of three - 1 bed x 1 bath units and two-2 bed x 1 bath units. All units have been renovated with new LVP flooring, new kitchen cabinets with quartz countertops, new appliances, updated bathrooms as well as new interior & exterior paint. Central laundry room updated with leased machines. Storage Unit on site. Tenants pay W/S/G via RUBs. The work has been done, it's your opportunity to acquire and collect rents at a great CAP rate! Excellent location, only 10min away from JBLM, and easy access to I-5.

Last Agent to Sell the Property

Kekoa Lwin

eXp Realty License #23028853 Listed on: 11/16/2022

eXp Realty

Co-Listed By

Octavio Bustillos

eXp Realty License #21014856

Last Buyer's Agent

Sue Morrow

SCOUT License #89170

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2014313

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,664

Year Built

  • Built in 1959

Lot Details

  • 10,500 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Composition Roof

Interior Spaces

  • 3,033 Sq Ft Home
  • 1-Story Property
  • Vinyl Plank Flooring
  • Territorial Views

Parking

  • 9 Parking Spaces
  • Open Parking

Community Details

  • No Home Owners Association
  • Lakewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 508000-123-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,664

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1959
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3033
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Thanks for showing!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl Plank
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick
  • Foundation Details: Block
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 9
  • Open Parking: Yes
  • Total Parking Spaces: 9
  • ParkingUncoveredSpaces: 9

Utilities

  • Sewer: Sewer Connected
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Lakewood
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 508000-123-0
  • Lot Size Acres: 0.241
  • Lot Size Sq Ft: 10500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Tax Records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 6670

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5664

Multi Family

  • Number Of Units Total: 5
  • Leasable Area: 3033
  • EnergySource: Electric
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Buyer To Verify

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $950,000 0.0% $313 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $950,000 0.0% $313 / Sq Ft
03/11/2023 03/11/23 Pending -- -- --
03/03/2023 03/03/23 Price Changed $950,000 -4.9% $313 / Sq Ft
02/11/2023 02/11/23 Price Changed $999,000 -7.1% $329 / Sq Ft
01/28/2023 01/28/23 Price Changed $1,075,000 -2.3% $354 / Sq Ft
01/16/2023 01/16/23 For Sale $1,100,000 0.0% $363 / Sq Ft
11/21/2022 11/21/22 Pending -- -- --
11/16/2022 11/16/22 For Sale $1,100,000 -- $363 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kekoa Lwin

    Seller's Agent in 2023

    Kekoa Lwin

    eXp Realty

    (808) 478-6453

    1 in this area

    101 Total Sales

    Kekoa Lwin
    Section Image
  • Octavio Bustillos

    Seller Co-Listing Agent in 2023

    Octavio Bustillos

    eXp Realty

    (520) 869-2619

    1 in this area

    27 Total Sales

    Octavio Bustillos
    Section Image
  • Sue Morrow

    Buyer's Agent in 2023

    Sue Morrow

    SCOUT

    (206) 794-1925

    1 in this area

    44 Total Sales

    Sue Morrow
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2014313

Northwest Multiple Listing Service (NWMLS)
Washington Pierce County Lakewood 98499 Lakeview

10607 Kendrick St SW, Lakewood, WA

This home is located at 10607 Kendrick St SW, Lakewood, WA 98499 since 16 November 2022. This property was built in 1959. 10607 Kendrick St SW is a home located in Pierce County with nearby schools including Lakeview Hope Academy, Lochburn Middle School, and Clover Park High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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