12403 SW Edgewood AVE, Lakewood, WA 98498
12403 SW Edgewood AVE, Lakewood, WA 98498
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Jenn Pederson

Jenn Pederson

+1(808) 205-3000
Listed by:RealTrust Properties • Uma D Chand
$ 715,000
Est. payment | /mo

6 Beds

2 Baths

2,496 SqFt

Save
$ 715,000
Est. payment | /mo
Save

6 Beds

2 Baths

2,496 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,496 sqft

Price per Sqft $286

Subdivision Lakewood

MLS Listing ID 2591137

Style 52 - Duplex

Bedrooms 6

Year Built 1957

Annual Tax Amount $475

Lot Size 6,600 Sqft

Property Sub-Type Multi Family

Property Description

This Lakewood duplex brings in $4800 per two units, and tenants pay utilities on top of rent. Both units were fully renovated in 2026. More than $125,000 went into bringing the duplex up to the City of Lakewood rental housing requirements. The work covered flooring, bathrooms, plumbing, electrical, furnaces, basement windows, appliances, painting, roof and gutter cleaning and other fixtures. Each units lives like a single family home, with its own attached one car garage for parking and storage and its own large fenced backyard. Fencing separates the two yards from each other and from the neighboring lots, so each household gets private outdoor space for kids, pets or summer barbecues. Unit 12403 has 3 bedrooms, 1bath, a bright galley kitchen with eat-in dining, two family rooms and a wood-burning fireplace for cozy evenings. It rents for $2,500 per month plus utilities. Unit 12405 has 3bedrooms, 1.75 bathrooms, a bright galley kitchen with eat-in dining, two family rooms and a wood burning fireplace. It's leased at $2.300 per month plus utilities through May 2027.The property is minutes from American Lake and local parks. The major systems are already updated, so the next owner can focus on leasing instead of repairs!!!

Location

State WA

County Pierce

Area 38 - Lakewood

Interior

Flooring Laminate

Fireplace false

Exterior

Exterior Feature Wood, Wood Products

Garage Spaces 2.0

Amenities Available Deck, Fenced-Fully, Gas Available, High Speed Internet, Patio

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Cul-De-Sac, Paved

Sewer Sewer Connected

Water Community

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Clover Park

Others

Senior Community No

Acceptable Financing Conventional, FHA, USDA Loan, VA Loan

Listing Terms Conventional, FHA, USDA Loan, VA Loan

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Nearby Locations
Jenn Pederson

Experience the power of collaboration with Jenn and her Team of highly successful experienced professionals who focus obsessively on the details of your unique needs, process, transactional excellence, and exceeding expectations. With an exceptional reputation, you can expect to inherit decades of resources, connections, and industry/market knowledge required to confidently and successfully execute all your real estate needs.

+1(808) 205-3000

[email protected]

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12403 SW Edgewood AVE