9821 Dekoven Drive SW Unit #A & B, Lakewood, WA 98499

$511,773
1,844
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

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

Sold Price
$511,773
List Price
$499,773
Status
SOLD
MLS#
2331320
Closing Date
Jun 10, 2025
Days on Market
90
Style
52 - Duplex
Finished SqFt
1,844
Area Total SqFt
1844
Annual Tax Ammount
4466
Lot Size (sq ft)
9,750
Sewer
Sewer Connected

Property Description

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.

Additional Information

List Date
2025-03-12 00:00:00
Community
Lakewood
Net Operating Income
$35,734
Gross Adjusted Income
$43,200
Gross Scheduled Income
$43,200
Insurance Expenses
$600
Water/Sewer/Garbage Expenses
$2,400
Gross Rent Multiplier
13.54
Total Expenses
$7,466
Cap Rate
6.1
Total Number of Units
2
Unit Name
9821
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1949
Roof
Composition
Energy Source
Electric, Natural Gas
School District
Clover Park
Gross Scheduled Income
$43,200
Gross Adjusted Income
$43,200
Tax Year
2024
Insurance Expense
$600
W/S/G Expenses
$2,400
Total Expenses
$7,466
Net Operating Income
$35,734
Gross Rent Multiplier
13.54
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.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks