5607 76th Street W, Lakewood, WA 98499
- $998,750
- 2,848
- SqFt
Listing courtesy of Every Door Real Estate.
- List Price
- $998,750
- Status
- ACTIVE
- MLS#
- 2541782
- Price Change
- ▼ $30,250 1784866760
- Days on Market
- 38
- Style
- 54 - 4-Plex
- Finished SqFt
- 2,848
- Area Total SqFt
- 2848
- Annual Tax Ammount
- 9711.28
- Lot Size (sq ft)
- 9,000
- Sewer
- Sewer Connected
Property Description
Turnkey investment opportunity in one of Lakewood's most sought-after rental pockets. This well-maintained fourplex features four 2BD/1BA units with in-unit washer/dryers. Three units are remodeled, leaving the fourth for immediate value-add upside. Excellent location just minutes from Joint Base Lewis-McChord (JBLM), Mount Tahoma High School, and Interstate 5. The property offers strong rental demand. Ample off-street parking and private patios complete an already compelling package. A rare chance to step into a largely stabilized asset with built-in growth potential - whether you're a seasoned investor or expanding your portfolio.
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Additional Information
- List Date
- 2026-06-18 20:13:12
- Community
- Lakewood
- Net Operating Income
- $62,800
- Gross Adjusted Income
- $58,800
- Gross Scheduled Income
- $85,800
- Total Monthly Income
- $7,150
- Insurance Expenses
- $2,000
- Water/Sewer/Garbage Expenses
- $9,289
- Gross Rent Multiplier
- 11.99
- Total Expenses
- $23,000
- Cap Rate
- 6.1
- Vacancy Rate
- 33
- Total Number of Units
- 4
- Unit Name
- 5607
- Potential Terms
- Cash, Conventional
- Year Built
- 1986
- Roof
- Composition
- Site Features
- Fenced-Partially
- Other Expenses
- 2000
- Energy Source
- Electric
- School District
- Lakewood
- Total Monthly Income
- $7,150
- Gross Scheduled Income
- $85,800
- Vacancy Rate
- 33
- Gross Adjusted Income
- $58,800
- Tax Year
- 2026
- Insurance Expense
- $2,000
- W/S/G Expenses
- $9,289
- Total Expenses
- $23,000
- Net Operating Income
- $62,800
- Gross Rent Multiplier
- 11.99
- Cap Rate
- 6.1
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.