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About the Listing 9621 - 16253,16204
Excellent cash flow investment with 4 1-bedroom units leased at $975 each per month. Two units up and two units down. Large 11,000 plus square foot fenced lot. City of Lakewood says it will support another 4-plex that can be built for additional cash flow (buyer to verify). Portland Avenue was repaved with curbs, gutters, sidewalks, and bike lane plus sewer installation. Convenient location near Harry Todd Park and American Lake. Easy access to JBLM, Madigan Hospital, and I-5 either North or South. Price reduced for quick sale. Great value for a 4-unit building as most are sold for $100s of thousands more.
Listing Highlights
Status
Pending
Days on Site
12
Property Type
Multi-Family
MLS ®
2496939
Year Built
1935
Total Square Footage
2,000
Lot/Acreage
0.25
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Vinyl,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Lakewood
Exterior Details
- Lot Description: Curbs,Paved,Sidewalk,Value In Land,Fenced-Fully,Outbuildings,RV Parking,Zoning: Multi-Family
- Garage Capacity: N/A
- Zoning: Multi-Family
- Roof: Composition
- Others: Wood Products,Good
- Sewer: Pierce County
- Parking Features: RV Parking
Financial Details
- Tax Amount: $5,188
- Taxes w/Assessments: N/A
- Tax/Property ID: 2200003263
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Years
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Questions About..
14514 Portland Ave SW Lakewood, WA 98498
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