11023 Military Rd SW $415,000

    Close

    11023 Military Rd SW Lakewood, WA 98498

    Sold
    SOLD 10/22/2019

    $415,000

    • 0 Beds
    • 0 Baths
    • 2,396 sq.ft.
    • Multi-Family
    • Listing# 1514149
    Favorite Share
    Views: 33 Days On Market: 127

    Property Details

    Great investment opportunity for this duplex that sits on a secluded & large lot! Each unit is 1198 sq ft, has 3 bdrms, 1.5 bath & a fireplace. Each unit has a single car garage, large backyard, partial fencing & a patio. Finding renters isnt a problem with location close to Pierce College, JBLM and easy I-5 access. Currently rented, to long term month-to-month tenants (one tenant for 10 years; 2nd tenant for almost 3 years). Plenty of room to raise rent. Please do not disturb tenants

    • General Features
      • County Pierce
      • County Pierce
      • Lot Square Footage 20,124
      • Number of Stories 2
      • Number of Units 2
      • Style 52Duplex
      • Year Built 1977
    • Building Features
      • Roof Compostion
      • Exterior Wood
      • Approx SqFt 2,396
      • Floor Covering ,
      • Foundation Poured Concrete
    • Financials
      • Total Monthly Income $2,328
      • Net Operating Income $27,476
      • Gross Scheduled Income $34,200
      • Gross Adjusted Income $34,200
      • Total Expenses $6,724
      • Other Expenses $0
      • Insurance Expenses $1,267
      • Expenses $6,724
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 11
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $3,857
      • Energy Source Electric
      • Heating and Cooling Forced Air
      • Water Company Tacoma PD
      • Sewer Company Sewer Connected
    • Schools
      • School District Clover Park
      • Senior High Lakes High
      • Junior High Mann Mid
      • Elementary School Lake Louise Elem

    Neighborhood

    98498 (Lakewood) Demographics

    40 Median Age
    3,246 Population Density (per sq. mile)
    38% College Educated
    $58,626 Estimated Median Income
    6,709 Estimated Total Home Owners
    4,428 Estimated Total Renters
    60% / 40% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    27,614 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $335,000 Median Sales Price
    25 Homes Sold
    32 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        10/22/2019 12:00:00 AM Sold Source New Value: $415,000
        9/16/2019 10:01:22 PM Status Changed Source New Value: Pending

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        *This Payment Calculator is intended for educational and planning purposes only.

        This property search is part of the Coldwell Banker Evergreen Olympic Realty, Inc. website. Listing information is courtesy of the WA-NWMLS and Coldwell Banker Evergreen Olympic Realty, Inc.. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2020. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.