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+12067698882
RE/MAX All City
12403 SW Edgewood Avenue, Lakewood, WA 98498
- $715,000
- 2,496
- SqFt
Listing Broker: RealTrust Properties; Uma D Chand; 206-920-8611; chanduc@live.com
- List Price
- $715,000
- Status
- ACTIVE
- MLS#
- 2591137
- Days on Market
- 0
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 2,496
- Area Total SqFt
- 2496
- Annual Tax Ammount
- 475
- Lot Size (sq ft)
- 6,600
- Sewer
- Sewer Connected
Property Description
Family- Friendly Duplex minutes from American Lake! Welcome home to this newly remodeled duplex offering comfort, space and convenience for the whole family. Unit 12403 has 3 bedrooms, 1 bath and Unit 12405 has 3 bedrooms with 1.75 bath, both units have 2 family rooms, a dedicated office room and a bright galley kitchen with a cozy eat- in dining with wood burning fireplace. the spacious living room around the wood burning fireplace or enjoy movie nights in the bonus recreation room downstairs. Each unit lives like a single- like a single-family home with its own attached one -car garage. Outside, a private fenced yard gives kids and pets plenty of room to play, and the attached one-car garage adds extra storage and easy access. Fully renovated in 2026, spent over 125k, this home is just minutes away from beautiful American Lake, local parks and great schools, a wonderful place to set down roots and create lasting memories. Offers excellent Investment!!!
Additional Information
- List Date
- 2026-10-08 00:13:12
- Community
- Lakewood
- Net Operating Income
- $44,702
- Gross Adjusted Income
- $55,872
- Gross Scheduled Income
- $63,300
- Total Monthly Income
- $2,300
- Insurance Expenses
- $952
- Water/Sewer/Garbage Expenses
- $2,359
- Gross Rent Multiplier
- 12.41
- Total Expenses
- $9,094
- Cap Rate
- 6.25
- Vacancy Rate
- 3
- Total Number of Units
- 2
- Unit Name
- 12403
- Potential Terms
- Conventional, FHA, USDA Loan, VA Loan
- Year Built
- 1957
- View
- Territorial
- Roof
- Composition
- Site Features
- Deck, Fenced-Fully, Gas Available, High Speed Internet, Patio
- Electric Expenses
- 2268
- Other Expenses
- 2500
- Energy Source
- Electric, Natural Gas
- School District
- Clover Park
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $2,300
- Gross Scheduled Income
- $63,300
- Vacancy Rate
- 3
- Gross Adjusted Income
- $55,872
- Tax Year
- 2026
- Insurance Expense
- $952
- W/S/G Expenses
- $2,359
- Total Expenses
- $9,094
- Net Operating Income
- $44,702
- Gross Rent Multiplier
- 12.41
- Cap Rate
- 6.25
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.