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No HOA
Street View
Listed by: Indy Basra (206) 605-7556 , Lindsey Gudger (425) 243-3482 | Every Door Real Estate (425) 243-3482
$649,999
Monthly Est:$3,235
6 Beds
3 Baths
2,088sqft
8311 Lake St SW, Lakewood, WA 98498
$649,999
$3,235/moEst:
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Multi Family
Built in 1963
$-- HOA
13,169 sqft lot
$311/sq.ft
Description
Welcome to this turnkey triplex offering an exceptional opportunity for investors seeking immediate cash flow. Each of the three 2-bedroom, 1-bath units offers approximately 696 sq. ft. and has been thoughtfully updated. Recent updates in last 5 years include new roof, new septic system, vinyl windows, fencing, and extensive interior renovations throughout the units. Current rents are $1,625/month for Unit 1 and $1,650/month each for Units 2 and 3, plus an additional $150 per month from each tenant toward utilities, creating strong income potential. A shared laundry room, ample off-street parking, and a prime location just minutes from JBLM, I-5, restaurants, shopping, and American Lake make this a true cash-flowing investment and an excellent addition to any portfolio.
- Houzeo last checked: 9 hours ago
- Listing updated: September 22, 2026 at 6:45 am
- Source: Northwest Multiple Listing Service | MLS#: NWM2555073
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1963
HOA Fees
-
Finished Area
2,088 sqft
Lot Size
13,169 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2555073
MLS Status
Active
Days on Market
78
Cumulative Days on Market
78
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 3
Interior
Heating
Forced Air
Sewer
Septic Tank
Exterior Features
Wood
Cooling
Forced Air
Flooring
Vinyl, Carpet
Construction
Year Built
Year Built: 1963
Home type
Multi Family
Foundation Details
Poured Concrete
Roof
Composition
Construction Materials
Wood
Property Condition
Good
Utilities & Energy
Security Features
Fully Fenced
Water Source
Public
Other Features
Lot Features
Corner Lot, Paved, Sidewalk
Subdivision Name
Tillicum
Price History
| Date | Event | Price |
|---|---|---|
07/15/2026 Source: | Listed for Sale | $649,999 -3.70% $311/sqft |
07/15/2026 Source: | Price Increased | $674,999 +3.85% $323/sqft |
07/15/2026 Source: | Price Increased | $649,999 +44.48% $311/sqft |
10/01/2019 Source: | Sold | $449,900 $215/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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