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No HOA
Street View
Listed by: Jim Swanson | COMPASS (253) 987-1778
$580,000
Monthly Est:$2,887
5 Beds
2 Baths
2,240sqft
2604 92nd Street S #A/B, Lakewood, WA 98499
$580,000
$2,887/moEst:
Get Pre-Approved
Duplex
Built in 1970
$-- HOA
12,632 sqft lot
$259/sq.ft
Description
Opportunity awaits with this well-located Lakewood duplex offering flexibility for both investors and owner-occupants. The vacant upper unit features approximately 1,284 square feet with 3 bedrooms and 1.75 bathrooms and is move-in ready, making it ideal for an owner occupant or for immediate rental income. The lower unit offers 2 bedrooms and 1 bathroom and is currently tenant occupied, providing existing income from day one. Each unit includes its own one-car garage, laundry hookups, washer and dryer, and ample onsite parking. The interiors of both unites were renovated, and the upper 3 bedroom unit has remained vacant since renovations were done. Property was inspected and passed the Lakewood Rental House Safety Program (RHSP). Tenants pay their own utilities, helping keep operating expenses low. With reasonable market rents on the upper unit, the property offers a projected 5.5% cap rate. Conveniently located near shopping, schools, major freeways, and JBLM, this duplex presents an excellent opportunity to add to your investment portfolio or offset your housing costs by living in the spacious upper unit while generating income from the lower level.
- Houzeo last checked: 10 hours ago
- Listing updated: September 22, 2026 at 6:34 am
- Source: Northwest Multiple Listing Service | MLS#: NWM2544523
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1970
HOA Fees
-
Finished Area
2,240 sqft
Lot Size
12,632 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2544523
MLS Status
Active
Days on Market
100
Cumulative Days on Market
100
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 2
Interior
Flooring
Vinyl, Vinyl Plank
Exterior Features
Wood, Wood Products
Sewer
Sewer Connected
Heating
Baseboard, Wall Furnace
Cooling
None
Construction
Year Built
Year Built: 1970
Home type
Duplex
Roof
Composition
Property Condition
Average
Foundation Details
Poured Concrete
Construction Materials
Wood
Utilities & Energy
Water Source
Public
Other Features
Lot Features
Dead End Street, Paved
Subdivision Name
Lakeview
Price History
| Date | Event | Price |
|---|---|---|
06/23/2026 Source: | Listed for Sale | $580,000 +34.92% $259/sqft |
06/17/2022 Source: | Price Increased | $429,900 +107.43% $192/sqft |
09/13/2016 Source: | Sold | $207,250 $93/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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