Lakewood Duplex | 6% Cap | Live-In or Lease-Up Opportunity. Tucked at the end of a quiet cul-de-sac surrounded by greenery, this turn-key duplex delivers smart updates, reliable income, and rare flexibility. Whether you're house-hacking or expanding your portfolio, this is a golden opportunity in a low-vacancy market. Unit 8628 (2BD/1BA) is ideal for owner-occupancy, with updated kitchen and flooring + in-unit laundry. Occupied 1BD/1BA 8626 offers generous living space, a carport, and long-term rental appeal. Major upgrades: new hot water heater, attic insulation + rodent barrier (10-yr warranty), gutters, fencing, and fresh gravel drive. Walk to Lake Steilacoom. Close to JBLM, shopping, beach, dog park, and trails. Tour 2 bedroom today!
Last Agent to Sell the Property
RE/MAX Northwest License #127507 Listed on: 06/04/2025
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2387663
$425,000
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.
Carrie Jakeman Park 52, Inc.
$520,000
Investment Opportunity! Discover this cash-flowing tri-plex on a spacious corner lot. Two units are currently occupied by long-term tenants, ensuring positive steady income. Features include on-site laundry facilities, 5 dedicated parking spots, and ample street parking. Conveniently located near I-5, Tacoma Mall, shopping, dining, & parks, this property offers a prime location for tenants. Don't
Shawn Darden Pellego, Inc.
$480,000
Investment opportunity. This duplex is on a large lot near South Tacoma Way inside the Lakewood International District. Main floor unit is 1,403 SF with 2 bed & 1 bath. Basement unit is 1,338 with 2 bed & 1 bath. Comes with a detached garage. Located close to freeways, bus stops, shops, restaurants, & JBLM. Lots of potential with the land.
Oudi Kumendong TS Property Management
$425,000
Prime American Lake Investment Opportunity With Lake Views! This unique duplex-zoned property currently offers three separate units (A,B,&C) with individual meters, just a block from American Lake's waterfront. Enjoy a great-sized, corner lot in a fantastic location that provides both lifestyle and returns. Recent updates include a brand-new septic system, fresh interior and exterior paint, new
Michael Nowbar-Nekahi Coldwell Banker Danforth
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $500,000 | Old Republic Title | |
| Warranty Deed | -- | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Gift Deed | -- | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $343,600 | FHA | |
| Previous Owner | $300,000 | Credit Line Revolving | |
| Previous Owner | $250,000 | Credit Line Revolving |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2025 06/27/25 | Sold | $500,000 | 0.0% | $414 / Sq Ft |
| 06/14/2025 06/14/25 | Pending | -- | -- | -- |
| 06/04/2025 06/04/25 | For Sale | $499,950 | -- | $414 / Sq Ft |
| 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 | $3,373 | $348,200 | $201,000 | $147,200 |
| 2024 | $3,373 | $348,000 | $195,200 | $152,800 |
| 2023 | $3,373 | $304,200 | $161,100 | $143,100 |
| 2022 | $3,105 | $310,000 | $168,000 | $142,000 |
| 2021 | $3,005 | $224,400 | $112,700 | $111,700 |
| 2019 | $2,260 | $207,600 | $97,800 | $109,800 |
| 2018 | $2,229 | $181,800 | $77,100 | $104,700 |
| 2017 | $2,012 | $146,800 | $61,700 | $85,100 |
| 2016 | $1,744 | $110,700 | $42,400 | $68,300 |
| 2014 | $690 | $105,800 | $38,400 | $67,400 |
| 2013 | $690 | $90,400 | $33,000 | $57,400 |
Seller's Agent in 2025
Shane Klinkhammer
RE/MAX Professionals
(253) 227-1609
38 in this area
166 Total Sales
Buyer's Agent in 2025
Troy VanderPool
eXp Realty
(253) 202-3030
3 in this area
38 Total Sales
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2387663
APN: 022034-1156
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