11213 Kline Street SW, Lakewood, WA 98499 (MLS # 2350146)

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Listing provided courtesy of Northwest MLS; Targa Real Estate Services Inc

PRICE $1,125,500 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 26,921 sqft

Prime 4-Unit Multi-Family investment with ~7% cap rate! Generating $8K in monthly rental income with stable tenants in place. This large 27k sqft lot has 2 single family homes and 1 duplex. All the units enjoy spacious interiors and large yards. The property is ideally located near major freeways, JBLM, and Lakewood Transit Station. This turnkey property offers strong cash flow and excellent investment potential in a sought-after neighborhood. Don't miss out"”properties like this move quickly!

LAST UPDATED 5/15/2025 NEIGHBORHOOD Lakewood
YEAR BUILT Login to view Year Built COMMUNITY Lakewood
COUNTY Pierce STATUS Active
PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Buyer To Verify
Jr. High School Buyer To Verify
High School Buyer To Verify

PRICE HISTORY
Prior to May 5, '25 $1,150,500
May 5, '25 - Today $1,125,500


ADDITIONAL DETAILS
AIR None
AREA 37 - Lakewood
CONSTRUCTION Wood Siding
HEAT Baseboard, Electric, Forced Air
LOT 0.618 acre(s)
LOT DIMENSIONS 26921
MLS STATUS Active
STORIES 1
STYLE 52 - Duplex
SUBDIVISION Lakewood
TAXES 7885
UTILITIES Sewer Connected
VIEW Yes
VIEW DESCRIPTION Territorial
WATER Public
ZONING Multi-Family
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 8/19/25 5:13 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

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