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$749,000
2579878 MLS ⋅ ACTIVE Status
Move-in ready and freshly updated! This beautifully remodeled duplex offers modern finishes throughout — newer flooring, updated cabinets and countertops, and other updated touches make this property stand out. Tucked into a quiet, established Lakewood neighborhood, you’re minutes from JBLM, top-rated schools, shopping, and dining, with easy access to I-5, SR 512, and the Sounder train. Whether you’re an investor looking for a turnkey rental or a buyer wanting extra income potential, this property checks every box: recently updated, low-maintenance, and ideally located. Don't miss out on this investment opportunity.

9417 Winona Street SW, Lakewood

Listing courtesy of eXp Realty.

$580,000
2544523 MLS ⋅ ACTIVE Status
Opportunity awaits with this well-located Lakewood duplex offering flexibility for both investors and owner-occupants. The vacant upper unit features approximately 1,284 square feet with 3 bedrooms and 1.75 bathrooms and is move-in ready, making it ideal for an owner occupant or for immediate rental income. The lower unit offers 2 bedrooms and 1 bathroom and is currently tenant occupied, providing existing income from day one. Each unit includes its own one-car garage, laundry hookups, washer and dryer, and ample onsite parking. The interiors of both unites were renovated, and the upper 3 bedroom unit has remained vacant since renovations were done. Property was inspected and passed the Lakewood Rental House Safety Program (RHSP). Tenants pay their own utilities, helping keep operating expenses low. With reasonable market rents on the upper unit, the property offers a projected 5.5% cap rate. Conveniently located near shopping, schools, major freeways, and JBLM, this duplex presents an excellent opportunity to add to your investment portfolio or offset your housing costs by living in the spacious upper unit while generating income from the lower level.

2604 92nd Street S Unit #A/B, Lakewood

Listing courtesy of COMPASS.

$599,900
2544520 MLS ⋅ ACTIVE Status
Craftsman-style duplex offering flexibility for investors or owner-occupants. The main level unit features 2 bedrooms, 1 bath, original fir/softwood floors, & vinyl flooring in the kitchen, bath, & laundry areas. The lower unit also offers 2 bedrooms & 1 bath with laminate and vinyl flooring throughout, & has new stove and dishwasher. Both units will be vacant, creating an opportunity for market rents or owner occupancy. The lower unit recently rented for $1,900 per month, and projected rents of approximately $1,800 per unit may provide an estimated 6% cap rate. Both unites received interior renovations, and the upper 2 bedroom unit has remained vacant since renovations were done. Property was inspected and passed the Lakewood Rental House Safety Program (RHSP). The property is served by a functioning septic system currently rated for three bedrooms, with sewer available in the street for future connection. Pierce County sewer charges are included on the utility bill & passed through to tenants along with utilities. The furnace & water heater are shared and located in the basement. The large lot offers ample off-street parking plus street parking. A detached garage/storage building provides additional potential & may benefit from repairs or improvements. Conveniently located near I-5, JBLM, schools, and Tillicum amenities, with larger shopping and grocery options just minutes away in Lakewood. Ideal for investors, rental income, or living in one unit while renting the other.

8601 8603 Maple Street SW, Lakewood

Listing courtesy of COMPASS.

$349,000
2441600 MLS ⋅ PENDING SHORT SALE Status
**HUGE Price Reduction!!**Turnkey duplex featuring two 1 bed / 1 bath units — both well-maintained and fully rented. Each side offers quality paint, flooring, windows, roof, and appliances. Tenants enjoy ample parking and convenient access to Lakewood Town Center, Clover Park College, and JBLM. Prime location with strong rental demand and easy access to I-5 and Hwy 512. A solid, low-maintenance addition to any rental portfolio.

6715 Steilacoom Boulevard SW, Lakewood

Listing courtesy of eXp Realty.

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