5621-5623 Mt Tacoma Dr SW $545,000


    5621-5623 Mt Tacoma Dr SW Lakewood, WA 98499

    • 0 Beds
    • 0 Baths
    • 2,500 sq.ft.
    • Multi-Family
    Listing# 1483531 | Active
    Days On Market: 110 6 Views
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    Property Details

    Extremely spacious 3bd 2ba units with vaulted ceilings, each one has large 2 car garage. Amazing Duplex opportunity with established tenant on 12 mo lease at market rate on one side and month to month tenant with below market rent on other side. Move into one side and have long term tenant pay half your mortgage OR work with existing month to month tenant to get rent to market rate for instant value. Units and building have been well cared for and have many updates to plumbing and electrical

    • General Features
      • County Pierce
      • County Pierce
      • Lot Square Footage 12,600
      • Number of Stories 1
      • Number of Units 2
      • Site Features Fenced-Partially
      • Style 52-Duplex
      • Year Built 1990
    • Building Features
      • Roof Compostion, Flat
      • Exterior Wood
      • Approx SqFt 2,500
      • Floor Covering Laminate Hardwood, Laminate Tile
    • Financials
      • Total Monthly Income $2,850
      • Net Operating Income $26,868
      • Gross Scheduled Income $34,200
      • Gross Adjusted Income $22,000
      • Total Expenses $7,332
      • Other Expenses $1,000
      • Insurance Expenses $606
      • Expenses $7,332
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 16
    • Utilities and Taxes
      • Tax Year 2018
      • Tax Amount $4,061
      • Energy Source Electric
      • Heating and Cooling Baseboard
      • Water Company Lakewood Water
      • Sewer Company Sewer Connected
    • Schools
      • School District Clover Park
      • Senior High Clover Park High
      • Junior High Hudtloff Mid
      • Elementary School Park Lodge Elem



    98499 (Lakewood) Demographics

    34Median Age
    3,326Population Density (per sq. mile)
    27%College Educated
    $37,982 Estimated Median Income
    4,262Estimated Total Home Owners
    8,373Estimated Total Renters
    34% / 66%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    30,630Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $322,000 Median Sales Price
    21 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $545,000
        8/6/2019 2:31:20 PM Price Reduced Source New Value: $545,000 -5.22%
        7/2/2019 3:21:00 PM New in Database Source New Value: $575,000

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. 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.