Listing Provided Courtesy Of:
Real Estate Investment Svcs and NWMLS
5535 Detroit Avenue SW Lakewood, WA
$ 375,000
Property Attributes
  • ID#1746720
  • TypePending
  • CountyPIERCE
  • CityLakewood
  • AreaLakewood
  • NeighborhoodLakewood
  • Zip98499
  • StyleDuplex
  • Year Built1945
  • Taxes$ 3493
  • Price$ 375,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1616
  • Lot Size11,700 SqFt
Listing Provided Courtesy Of:
Real Estate Investment Svcs and NWMLS
Data Source:
Northwest Multiple Listing Service (NWMLS) - 21 - WA
Property Description

Great opportunity to own an income producing rental! Onside is 3-Bedroom, 2 bath with wood burning stove, Large storage area and shop (this unit has a tenant). The other side is 1 bedroom, 3/4 bath (this unit is vacant). Laundry hook ups in both units. Well maintained property. Easy access to both Highway 512, Interstate I-5. Close proximity to JBLM and Lakewood Town Center

High School
Clover Park High
Price History
4/5/2021 Listed $395,000
7/2/2021 6% - $375,000

General Features

Amenities Storage
Building Area Units Square Feet
Carport Spaces 1
Carport Y/N No
City Lakewood
County Pierce
Directions From I-5, South on Bridgeport, Right on McChord, Right on Detroit
Electric Expense 1000
Exterior Features Wood Products
Flooring Laminate
High School Clover Park High
High School District Clover Park
Insurance Expense 822
Leasable Area 1616
MLS Area 37 - Lakewood
Net Operating Income 8265
New Construction No
Open Parking Spaces 2
Possession Closing
Possible Use Multi-Family
Property Style 52 - Duplex
Property SubType Multi-Family
Property Type Residential Income
PropertyCondition Good
Roof Composition
Senior Community Y/N No
Sewer Sewer Connected
Special Listing Conditions None
Standard Status Pending
Status Pending
Street Name Detroit
Structure Type Duplex
Subdivision Name Lakewood
Tax Annual Amount 3493
Tax Year 2020
Terms Cash Out, Conventional
Total Units 2
Units Below Grade false
Units In Building Total 2
Utilities Cable Connected, Sewer Connected, Electricity Available
View Territorial
Water Sewer Garbage 1000
Year Built 1945
Zoning Class Multi-Family

Interior Features

Electric On Property Y/N No
Fireplace Y/N No
Furnished Y/N Unfurnished
Heating Y/N Yes
Living Area Units Square Feet
Power Production Type Electric
Street Suffix Avenue
Total Stories 1

Exterior Features

Building Area Total 1616
Foundation Details Poured Concrete
Irrigation Water Rights Y/N No
Lot Features Corner Lot, Paved
Lot Size Acres 0.2686
Lot Size Square Feet 11700
Lot Size Units Square Feet
Open Parking Y/N Yes
Parking Uncovered Spaces 2
Site Features Cable TV, Patio, Shop
Total Parking 3
View Y/N Yes
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 98499

AVG $630K
AVG $4,842
AVG 98
Year Built
AVG 1970
AVG 45
Data Provided by Walkscore ® not using MLS data

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