6715 Steilacoom Boulevard SW, Lakewood, WA 98499

$349,000
1,176
SqFt

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Listing courtesy of eXp Realty.

List Price
$349,000
Status
PENDING SHORT SALE
MLS#
2441600
Price Change
▼ $40,950 1763025737
Days on Market
194
Style
52 - Duplex
Finished SqFt
1,176
Area Total SqFt
1176
Annual Tax Ammount
4129
Lot Size (sq ft)
14,000
Sewer
Septic Tank
Short Sale
Yes

Property Description

**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.

Additional Information

List Date
2026-01-13 22:28:11
Community
Lakewood
Net Operating Income
$19,151
Gross Adjusted Income
$24,780
Gross Scheduled Income
$24,780
Total Monthly Income
$2,065
Insurance Expenses
$1,500
Gross Rent Multiplier
16.14
Total Expenses
$5,629
Cap Rate
4.8
Total Number of Units
2
Unit Name
6715
Potential Terms
Cash, See Remarks
Year Built
1941
Roof
Composition
Site Features
Cable TV, Fenced-Partially, RV Parking
Energy Source
Electric
School District
Clover Park
Elementary School
Dower Elem
Middle School
Lochburn Mid
High School
Clover Park High
Total Monthly Income
$2,065
Gross Scheduled Income
$24,780
Gross Adjusted Income
$24,780
Tax Year
2025
Insurance Expense
$1,500
Total Expenses
$5,629
Net Operating Income
$19,151
Gross Rent Multiplier
16.14
Cap Rate
4.8
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.
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