5222 2226 108th Street Ct W, Lakewood, WA 98499

$830,000
3,480
SqFt

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Listing courtesy of RE/MAX Northwest. Selling Office: RE/MAX Integrity.

Sold Price
$830,000
List Price
$850,000
Status
SOLD
MLS#
2381824
Closing Date
Jul 22, 2025
Days on Market
19
Style
54 - 4-Plex
Finished SqFt
3,480
Area Total SqFt
3480
Annual Tax Ammount
10744
Internet Provider
Comcast
Lot Size (sq ft)
12,000
Sewer
Sewer Connected

Property Description

This property sold as 4 plex, but is 2 duplexes that face each other with common entry. Each duplex has it own AP #.These units are single level brick construction, 2 bedroom, 1 bath. Each unit has fireplace, utility room (tenant to supply washer and dryer), single car attached garage with direct access to living area. Additional 2nd car parking space in front of garage. 2 of the units have fenced rear yard.Easy access to , I-5, JBLM, and Lakewood Town Center. Located on a cul de sac.

Additional Information

List Date
2025-07-03 00:00:00
Community
Lakewood
Net Operating Income
$47,288
Gross Adjusted Income
$67,260
Gross Scheduled Income
$70,800
Total Monthly Income
$5,900
Insurance Expenses
$1,876
Water/Sewer/Garbage Expenses
$2,352
Gross Rent Multiplier
12
Total Expenses
$19,972
Cap Rate
6
Vacancy Rate
5
Total Number of Units
4
Unit Name
5222 2226
Potential Terms
Cash Out, Conventional
Year Built
1958
Roof
Composition
Site Features
Fenced-Partially, Gas Available
Other Expenses
5000
Energy Source
Electric, Natural Gas
School District
Lakewood
Elementary School
Buyer To Verify
Middle School
Lakewood Mid
High School
Lakewood High
Total Monthly Income
$5,900
Gross Scheduled Income
$70,800
Vacancy Rate
5
Gross Adjusted Income
$67,260
Tax Year
2025
Insurance Expense
$1,876
W/S/G Expenses
$2,352
Total Expenses
$19,972
Net Operating Income
$47,288
Gross Rent Multiplier
12
Cap Rate
6
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.
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