8311 Lake St SW

Lakewood, WA 98498
  • $674,999

    Price
  • 6

    Bed
  • 3

    Bath
  • 2,088

    SqFt

About the Listing 5593 - 129703,97838

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.

Listing Highlights

Status Active
Days on Site 1
Property Type Multi-Family
MLS ® 2555073
Year Built 1963
Total Square Footage 2,088
Lot/Acreage 0.3
County Pierce
Neighborhood Tillicum
School District Clover Park

Interior Details

  • Bedrooms: 6
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond: Forced Air
  • Heating: Forced Air
  • Fireplaces: 0
  • Floor: Vinyl,Carpet
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: PSE

Exterior Details

  • Lot Description: Corner Lot,Paved,Sidewalk,Cable TV,Fenced-Fully
  • Garage Capacity: N/A
  • Parking Spaces: 6
  • Roof: Composition
  • Others: Wood,Good
  • Sewer: Septic Tank

Financial Details

  • Tax Amount: $5,737
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 2200002450
  • Tax Year: 2025

Payment Calculator

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Questions About..

8311 Lake St SW Lakewood, WA 98498

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Originating MLS: nwmls

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