Lakewood WA Duplexes For Sale

Opportunity awaits with this well-located Lakewood duplex offering flexibility for both investors and owner-occupants. The vacant upper unit features approximately 1,284 square feet with 3 bedrooms and 1.75 bathrooms and is move-in ready, making it ideal for an owner occupant or for immediate rental income. The lower unit offers 2 bedrooms and 1 bathroom and is currently tenant occupied, providing existing income from day one. Each unit includes its own one-car garage, laundry hookups, washer and dryer, and ample onsite parking. The interiors of both unites were renovated, and the upper 3 bedroom unit has remained vacant since renovations were done. Property was inspected and passed the Lakewood Rental House Safety Program (RHSP). Tenants pay their own utilities, helping keep operating expenses low. With reasonable market rents on the upper unit, the property offers a projected 5.5% cap rate. Conveniently located near shopping, schools, major freeways, and JBLM, this duplex presents an excellent opportunity to add to your investment portfolio or offset your housing costs by living in the spacious upper unit while generating income from the lower level.

2604 92nd Street S Unit #A/B, Lakewood

Listing courtesy of COMPASS.

$599,900

2544520 MLS ⋅ ACTIVE Status

Craftsman-style duplex offering flexibility for investors or owner-occupants. The main level unit features 2 bedrooms, 1 bath, original fir/softwood floors, and vinyl flooring in the kitchen, bath, and laundry areas. The lower unit also offers 2 bedrooms and 1 bath with laminate and vinyl flooring throughout. Both units will be vacant, creating an opportunity for market rents or owner occupancy. The lower unit recently rented for $1,900 per month, and projected rents of approximately $1,800 per unit may provide an estimated 6% cap rate. Both unites received interior renovations, and the upper 2 bedroom unit has remained vacant since renovations were done. Property was inspected and passed the Lakewood Rental House Safety Program (RHSP). The property is served by a functioning septic system currently rated for three bedrooms, with sewer available in the street for future connection. Pierce County sewer charges are included on the utility bill and passed through to tenants along with utilities. The furnace and water heater are shared and located in the basement. The large lot offers ample off-street parking plus street parking. A detached garage/storage building provides additional potential and may benefit from repairs or improvements. Conveniently located near I-5, JBLM, schools, and Tillicum amenities, with larger shopping and grocery options just minutes away in Lakewood. Ideal for investors, rental income, or living in one unit while renting the other.

8601 8603 Maple Street SW, Lakewood

Listing courtesy of COMPASS.

$615,000

2534085 MLS ⋅ PENDING INSPECTION Status

Rare opportunity to own a well-maintained duplex tucked against a peaceful greenbelt/wildlife corridor, offering a unique blend of privacy, nature, & income potential. Backing to a year-round creek and protected natural surroundings, this property provides a serene setting where deer and local wildlife are frequent visitors. The upper residence offers a spacious and thoughtfully updated layout with 2 bedrooms, office, decorative fireplace, in unit laundry room w/W/D hookup + 1.5 baths w/private deck. Upgrades include granite countertops, newer cabinetry, laminate flooring, beautiful porcelain tile, vinyl windows and hot water heater (2024).Lower residence includes 2 bedrooms and 1 bath with fireplace, extra large in unit laundry w/W/D hookup, private patio and new kitchen appliances (2024). Each unit has its own garage and access to the tranquil natural setting beyond. ** Whether you're an investor seeking a turnkey income property or an owner-occupant looking to offset your mortgage with rental income, this duplex offers flexibility, long-term value. Live in one while generating income from the other, or add a solid performer to your investment portfolio. New interior / exterior paint, 2024 new roof. ** Ideally located near Lk Steilacoom, shopping, dining, parks, Lakewood Towne Center. A rare combination of nature, functionality, and investment opportunity in a well kept neighborhood. Must see this beautiful, turnkey! Tour Unit A during inspection.

8701 72nd Avenue Ct SW, Lakewood

Listing courtesy of RE/MAX Northwest.

$485,000

2533899 MLS ⋅ SOLD Status

Exceptional investment opportunity featuring a well-maintained single-level duplex in a highly convenient commuter location near Joint Base Lewis-McChord, American Lake, shopping, dining, parks, and major freeway access. This income-producing property offers strong long-term potential with historically low vacancy rates and practical one-level living in both units. Each residence features updated flooring, in-unit washer and dryer, spacious layouts, and private fenced outdoor spaces ideal for added comfort and functionality. Generous parking setup includes covered carport spaces plus dedicated storage for each unit. Conveniently positioned near endless amenities and major employment hubs, this duplex presents an outstanding opportunity for investors or owner-occupants seeking versatility, location, and lasting value.

9221 -9223 North Lake Drive SW, Lakewood

Listing courtesy of John L. Scott, Inc. Selling Office: Premier Real Estate Partners.

$525,000

2532917 MLS ⋅ SOLD Status

This intriguing half-acre flat, rectangular Lakewood property has been held by the same family for decades. Now offered for sale, the site is favored with MR2 zoning which promotes higher density and many permitted uses along with relaxed land development standards. Right around the corner from Lakewood Towne Center, the property boasts easy access to schools, shopping, and public transportation. The freshly refreshed three-bedroom, 1.75 bath home features a large kitchen, dining area, living room, two large bedrooms, a separate suite with walk-in shower (former beauty salon,) laundry/mud room, and attached carport. Additionally, there is a one bed/one bath cottage, complete with an efficient kitchen, sitting area, separate laundry, and parking. The 432 square foot garage features its own electrical service and a half bath! There is another two-car carport, and several sheds. Two driveways, fenced and cross-fenced. Make an appointment to view this unusually versatile property!

6411 Lake Grove Street SW, Lakewood

Listing courtesy of Evolution Real Estate Company. Selling Office: John L. Scott, Inc..

$565,000

2503329 MLS ⋅ ACTIVE Status

Two units, one smart investment, welcome to your next cash-flowing property in Lakewood! This well-maintained 2,360 sq ft duplex at 5907-5909 111th St Sw offers endless potential for investors, multi-generational living, or owner-occupants looking to offset their mortgage. Each spacious unit features 2 large bedrooms, 1.5 bathrooms, and a bright, inviting living room centered around a cozy fireplace. The layout boasts a large kitchen space with ample storage, plus a separate laundry room and half-bath on the main floor. Upstairs, you'll find two generously sized bedrooms and a full bathroom, providing comfortable separation of space. Situated on a large 8,316 sq ft lot, the property includes a fully fenced yard, newly replaced water heaters, updated bathroom (5909), new carpet, a patio, and abundant parking with up to 8 spaces (including carports). Well maintained to ensure it's move-in ready. In a prime location situated in the desirable Lakeview neighborhood, this duplex is just minutes from Joint Base Lewis-McChord (JBLM), making it a highly sought-after rental. Enjoy walking distance to Clover Park High School, local parks, and the Lakewood Towne Center. Commuting is a breeze with quick access to I-5 and Bridgeport Way. Whether you're looking to live in one unit and rent the other, accommodate extended living, or add a solid cash-flowing asset to your portfolio, this duplex delivers. Don't miss out on this rare Lakewood property!

5907 to 5909 SW 111th Unit #07-09, Lakewood

Listing courtesy of Keller Williams West Sound.

$599,000

2496610 MLS ⋅ SOLD Status

Discover this meticulously maintained duplex, offering the perfect blend of vintage charm and modern upgrades. Situated on an expansive quarter-acre lot with abundant parking space for multiple vehicles or toys. This property features a recently updated roof, fresh paint inside and out, and a newly fenced side yard for added privacy. Inside, you'll find bright, airy spaces enhanced by natural skylights and new modern blinds on all windows. Closets are newly updated for maximum organization . Both units come fully equipped with washers, dryers, and fridges, making this move-in ready for immediate rental income or effortless multi-family living. Enjoy mature fruit trees and ample space for gardening on this rare, oversized lot. Close proximity to local schools, Joint Base Lewis-McChord + quick commuter access to I-5, SR 512, and the Sounder. Don't miss this turn-key opportunity!

12320 Edgewood Ave SW, Lakewood

Listing courtesy of Skyline Properties, Inc.. Selling Office: Windermere Prof Partners.

$3,180,000

2477546 MLS ⋅ ACTIVE Status

CHRISTINE ESTATES consists of 4-DUPLEXES (8-UNITS). All Four Duplexes are identical (facing the front of the duplex: left units have 1065-sf and the right units have 1076-sf. The duplexes are 1-story with Vaulted Ceilings in the Main Living Areas. The High Ceilings and Open Main Living Areas are impressive. Upgraded Cabinets, Stainless Steel Appliances, Quartz Counter-tops, Large Island with Eating Bar plus 5-foot Pantry will make this Kitchen will make for long term Tenancies. Large Primary Suite with Private Full Bath. Units are heated & cooled by a Ductless Heat Pump with additional Cadet Wall Heaters in Bedrooms. Single car garages plus 2 uncovered onsite parking spaces for each Unit plus new paved street parking with vertical curbs & sidewalks for additional guest parking. Surrounding Neighborhood is very nice, well maintained and mostly newer homes. Irrigated front yard Lawns and Landscaping separate each of the two Driveways for each Duplex for a clean, well kept, beautiful appearance. The Project is located 10-15 minutes from JBLM and close to shopping, schools, eateries, theaters & medical services including St Claire's Hospital. The Duplexes are almost 3-years old and during that time only 2-Units have turned over Tenancy.

5702 5708 79th Street W Unit #A & B, Lakewood

Listing courtesy of Harvest Realty, Inc.

$670,000

2480869 MLS ⋅ SOLD Status

Discover this duplex in Lakewood, each unit features 3 bedrooms, 2 full baths, and 1,215 square feet of living space. Spacious living rooms flow seamlessly into the kitchen and dining area. Sliding glass doors open to partially fenced backyards with patio areas. Both units include attached 2-car garages, providing ample parking and storage. The functional floor plans offer generous bedroom sizes, practical storage, and a layout that maximizes natural light throughout. New roof January 2026. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this property presents a fantastic opportunity. Conveniently located near local parks, popular dining options, golf courses, and just minutes from JBLM and easy access to I-5. Don’t miss this exceptional opportunity in a desirable Lakewood location!

8603 8605 Meadow Road SW, Lakewood

Listing courtesy of Redfin. Selling Office: Timber Real Estate.

$749,700

2483047 MLS ⋅ SOLD Status

Exceptional investment opportunity in Lakewood! Tucked away on a quiet cul-de-sac private driveway, this well-maintained, mirror-image townhouse duplex offers the blend of privacy and convenience. Built in 1989 on a 10,000 sq ft lot, this 2,836 sq ft property is a solid addition to any portfolio or an ideal "house-hack" scenario: live on one side and rent out the other! Each spacious unit features a sought-after layout with 3 bedrooms, 2.5 baths, and soaring vaulted ceilings. Amenities include all bedrooms upstairs for privacy, fully fenced backyards, and individual 2-car garages. This asset offers immediate stability, with an incredible rental track record: enjoy reliable cash flow from long-term tenants and 99.99% occupancy over the last 12 years. Located in a high-demand rental Market with minimal turnover, you are just 5 minutes from I-5 and 15 minutes from JBLM. Please DO NOT disturb tenants.

7522 64th Ave W, Lakewood

Listing courtesy of Realty One Group Orca. Selling Office: Realty One Group Orca.

$750,000

2469914 MLS ⋅ SOLD Status

Great investment or house-hack opportunity - MOVE-IN ready and income producing! Each unit in this well-maintained duplex offers 1,340 sqft, 2 spacious bedrooms, 2 full baths, and a half bath on the main level. Open-concept layouts, main-floor laundry with washer/dryer, and air conditioning & a new furnace installed in 2024 provide convenience and comfort. Fresh exterior paint adds peace of mind. Additional highlights include 2-car garages and private fenced backyards on each side - highly desirable features for tenants and owner-occupants alike. Ideally located just 3 blocks from the Lake Steilacoom boat launch and park, and close to Lakewood Towne Center, University Place, and JBLM, this property provides easy access to shopping, recreation, and commuting. With a long-standing record of low vacancies, this turn-key duplex presents an excellent opportunity for investors or homeowners seeking rental income and long-term value.

6931 6933 Sacramento Street SW, Lakewood

Listing courtesy of Windermere Prof Partners. Selling Office: Peninsula Brokers Real Estate.

$349,000

2441600 MLS ⋅ PENDING SHORT SALE Status

**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.

6715 Steilacoom Boulevard SW, Lakewood

Listing courtesy of eXp Realty.

$437,000

2424803 MLS ⋅ SOLD Status

Looking for a fall project? The property needs TLC and is perfect for flippers and developers with opportunities to upgrade these units and maximize this investment. Each unit has 2 bedrooms, 1 bathroom, a laundry room off the kitchen, and a new gas wall furnace installed this year.

10299 Interlaaken Drive SW, Lakewood

Listing courtesy of Park 52, Inc.. Selling Office: Epique Realty.

$405,000

2413974 MLS ⋅ SOLD Status

Prime American Lake Investment Opportunity With Lake Views! This unique duplex-zoned property currently offers three separate units (A,B,&C) with individual meters, just a block from American Lake's waterfront. Enjoy a great-sized, corner lot in a fantastic location that provides both lifestyle and returns. Recent updates include a brand-new septic system, fresh interior and exterior paint, new carpets, and a new roof on the cottage building. All units currently vacant but previous income was ~$2600/mo. Easy access to JBLM, Madigan Hospital, and I-5 freeway. This is a terrific chance to own a multi-family property with significant upside potential.

8906 Wadsworth Street SW, Lakewood

Listing courtesy of Coldwell Banker Danforth. Selling Office: John L. Scott, Inc..

$480,000

2412728 MLS ⋅ SOLD Status

Discover an exceptional duplex opportunity nestled on a hillside w/stunning Lake Louise view! Recently remodeled property offers the perfect blend of rental income potential and/or personal living space. Charming Studio Unit A features well-designed living space, complete with a full kitchen, bath & large living space. Unit B includes 2 comfortable bedrooms; full bath, WA & Dryer & a modern kitchen w/ French doors opening to a generous patio. Grab you kayak and walk to the public boat launch. Currently generating rental income from both units-This is a turnkey investment! Looking to build your real estate portfolio or create your own live-in investment, this Lake Louise gem delivers both financial opportunity and lifestyle appeal.

217 A & B Lake Louise Drive SW, Lakewood

Listing courtesy of RE/MAX Exclusive. Selling Office: RE/MAX Exclusive.

$300,000

2403407 MLS ⋅ SOLD Status

Investment opportunity. This duplex is on a large lot near South Tacoma Way inside the Lakewood International District. Main floor unit is 1,403 SF with 2 bed & 1 bath. Basement unit is 1,338 with 2 bed & 1 bath. Comes with a detached garage. Located close to freeways, bus stops, shops, restaurants, & JBLM. Lots of potential with the land.

3320 90th Street, Lakewood

Listing courtesy of TS Property Management. Selling Office: ZNonMember-Office-MLS.

$500,000

2387663 MLS ⋅ SOLD Status

Lakewood Duplex | 6% Cap | Live-In or Lease-Up Opportunity. Tucked at the end of a quiet cul-de-sac surrounded by greenery, this turn-key duplex delivers smart updates, reliable income, and rare flexibility. Whether you're house-hacking or expanding your portfolio, this is a golden opportunity in a low-vacancy market. Unit 8628 (2BD/1BA) is ideal for owner-occupancy, with updated kitchen and flooring + in-unit laundry. Occupied 1BD/1BA 8626 offers generous living space, a carport, and long-term rental appeal. Major upgrades: new hot water heater, attic insulation + rodent barrier (10-yr warranty), gutters, fencing, and fresh gravel drive. Walk to Lake Steilacoom. Close to JBLM, shopping, beach, dog park, and trails. Tour 2 bedroom today!

8626 72nd Avenue Ct SW, Lakewood

Listing courtesy of RE/MAX Northwest. Selling Office: eXp Realty.

$620,000

2377808 MLS ⋅ SOLD Status

Generational style living/owner occupied or investment opportunity is here with this extremely well maintained one level duplex sitting on a large .58 acre lot. Each unit offers 2 bedrooms/2 bathrooms. Both sides are mirror floor plans with a few layout & amenity differences. Floor plans feature kitchen, nook, pantry, sunken living rooms, converted patio that is enclosed for extra space with heat & power, laundry room, primary bedroom with attached 3/4 bathroom. Updates include ductless mini-splits & windows. Unit 10608 offers exterior ramps for easy wheelchair access as well as a ramp at the sunken living room and a walk in bathtub. Attached 2 car garages. Shared entry courtyard. Fenced backyard, 4 outbuildings. Lots of parking.

10610 - 10608 109th Street SW, Lakewood

Listing courtesy of Realty10x. Selling Office: Hawkins Poe.

$580,000

2356699 MLS ⋅ SOLD Status

Well-maintained duplex offering solid rental potential or multi-generational living. Each unit features two spacious bedrooms, one full bathroom, in-unit washer and dryer hook-ups, and a private garage. Enjoy a generous yard and patios with ample space for outdoor activities and plenty of additional parking. The right-hand unit has been updated with modern flooring for a fresh, contemporary feel.Recent updates include a newer roof, giving peace of mind for years to come. Centrally located near I-5, Lakewood Towne Center, Lakewood Active Park, and just minutes from JBLM—this property offers convenience, comfort, and opportunity.

5307 104th Street SW Unit #5305, Lakewood

Listing courtesy of Engel & Voelkers Chambers Bay. Selling Office: KW Greater Seattle.

$511,773

2331320 MLS ⋅ SOLD Status

Remarkable investment opportunity for seasoned investors or first time homebuyer's. This two story duplex sits on a large secluded private lot in Lakewood a block from community lake access. "Owner's suite" upstairs (Unit B) has 1 bedroom, 1 bath, upgraded to be your own private spa with heated tile floors, & huge tiled shower. New carpet & a concrete ramp up to upper unit with covered entry. Downstairs Unit A is 2 bed, 1 bath with new tile throughout the unit. Both units have separate, private fully fenced courtyard style yards. Lots of parking! Room for 6 cars in the driveway. 1 car garage, & 2 car covered carport. Both units heated & cooled with mini split systems. Local lake access 1 block away & community lake front park 5 blocks away.

9821 Dekoven Drive SW Unit #A & B, Lakewood

Listing courtesy of Keller Williams West Sound. Selling Office: Coldwell Banker Danforth.

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