11023 Military Rd SW $385,000


    11023 Military Rd SW Lakewood, WA 98498

    • 0 Beds
    • 0 Baths
    • 2,396 sq.ft.
    • Multi-Family
    Listing# 1514149 | Pending


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    Days On Market: 10 0 Views
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    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
      • Style 52-Duplex
      • Number of Stories 2
      • Number of Units 2
      • Year Built 1977
      • Lot Square Footage 20,124
      • County Pierce
    • Building Features
      • Approx SqFt 2,396
      • Roof Compostion
      • Exterior Wood
      • Floor Covering Vinyl, Wall to Wall Carpet
    • 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


    Coldwell Banker Evergreen Olympic Realty


    Coldwell Banker Evergreen Olympic Realty

    Business: 360-352-7651


    98498 (Lakewood) Demographics

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

    Market Last 30 Days

    $347,500 Median Sales Price
    46 Homes Sold
    47 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $385,000
        9/16/2019 10:01:22 PM Status Changed Source New Value: Pending
        9/9/2019 9:41:00 PM New in Database Source

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        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, 2019. 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.