8311 Lake ST SW, Lakewood, WA 98498
8311 Lake ST SW, Lakewood, WA 98498
8311 Lake ST SW, Lakewood, WA 98498
29
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Listed by:Every Door Real Estate • Indy Basra
$649,999
Est. payment /mo
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6 Beds
3 Baths
2,088 SqFt
Active

8311 Lake ST SW Lakewood, WA 98498

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Henry Jamerson

Henry Jamerson

+1(206) 839-6096

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,088 sqft

Price per Sqft $311

Subdivision Tillicum

MLS Listing ID 2555073

Style 53 - Tri-plex

Bedrooms 6

Year Built 1963

Annual Tax Amount $5,737

Lot Size 0.302 Acres

Property Sub-Type Multi Family

Property 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.

Location

State WA

County Pierce

Area 41 - Lakewood/Tillicum

Interior

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available Cable TV, Fenced-Fully

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Corner Lot, Paved, Sidewalk

Sewer Septic Tank

Water Public

New Construction No

Schools

School District Clover Park

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

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

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Amenities & Attractions
Restaurants
Home Services
Health & Medical
Local Services
Shopping
Recreation
Food
Beauty
Nightlife
Event Planning & Services
Automotive
Religious Organizations
Financial Services
Professional Services
Travel
Pets
Education
Public Services & Government

  • Galloping Gertie’s Bar and Grill

    15417 Union Ave SW, Lakewood, WA 98498

    American (New) Phone: 253-584-4848

  • Koibito Sushi and Teriyaki Restaurant

    15114 Union Ave SW, Lakewood, WA 98498

    Sushi Bars Phone: 253-589-5416

  • Taco Bell

    15223 Union Ave SW, Lakewood, WA 98498

    Tex-Mex Phone: 253-581-0711

  • Pizza Hut

    15110 A Union Ave, Tillicum, WA 98498

    Pizza Phone: 253-582-8000

  • Popeyes

    15201 Union Ave SW, Lakewood, WA 98498

    Fast Food Phone: 253-983-8000

  • Happy Teriyaki Wok

    14911 Union Ave SW, Lakewood, WA 98498

    Japanese Phone: 253-588-2816

  • Carribbean Soul Barbecue & Catering

    15206 Union Ave SW, Lakewood, WA 98498

    Barbeque Phone: 253-495-0857

  • Papa John’s Pizza

    14909 Union Ave SW, Lakewood, WA 98498

    Pizza Phone: 253-984-7272

  • O C’s Urban Hook-Up

    15206 Union Ave SW Ste 3, Lakewood, WA 98498

    Barbeque Phone: 253-588-1168

  • KFC

    15116 Union Ave. SW, Lakewood, WA 98498

    Fast Food Phone: 253-588-2565

  • Pho Lewis

    14902 Union Ave SW, Lakewood, WA 98498

    Vietnamese Phone: 253-581-5000

  • Jack In the Box

    15310 Union Ave SW, Lakewood, WA 98498

    Fast Food

  • House of Teriyaki

    15204 Union Ave SW, Lakewood, WA 98498

    Chinese Phone: 253-588-6106

  • Tacos California

    14818 Union Ave SW, Lakewood, WA 98498

    Mexican Phone: 253-588-1919

  • Subway

    15109 Union Ave SW, Lakewood, WA 98498

    Fast Food Phone: 253-588-1966

  • Wok Inn-Wok Out

    15225 Union Ave SW, Lakewood, WA 98498

    Phone: 253-983-8578

  • Wow Sushi

    15206 Union Ave SW, Lakewood, WA 98498

    Korean Phone: 253-301-1511

  • Kwangs Palace

    15029 W Thorne Ln SW, Lakewood, WA 98498

    Phone: 253-581-4940

  • Sushi Maru

    8101 Maple St SW, Lakewood, WA 98498

    Japanese Phone: 253-292-1051

  • McDonald’s

    15004 Union Ave SW, Lakewood, WA 98498

    Fast Food Phone: 253-589-0466

  • Teriyaki House

    14623 Union Ave SW, Lakewood, WA 98498

    Japanese Phone: 253-588-1133

Educational Environment

Elementary Schools (1)
Name
Category
Grades
Library
Ratio
1/10
Tillicum Elementary School
8514 Maple St SW, Lakewood, WA 98498
Public
PK - 5
No
STUDENTS/TEACHERS

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