7522 64th Ave W, Lakewood, WA 98499
- $749,700
- 2,836
- SqFt
Listing courtesy of Realty One Group Orca. Selling Office: Realty One Group Orca.
- Sold Price
- $749,700
- List Price
- $725,000
- Status
- SOLD
- MLS#
- 2483047
- Closing Date
- Mar 26, 2026
- Days on Market
- 5
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 2,836
- Area Total SqFt
- 2836
- Annual Tax Ammount
- 6445
- Internet Provider
- Comcast
- Lot Size (sq ft)
- 10,880
- Sewer
- Sewer Connected
Property Description
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.
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Additional Information
- List Date
- 2026-03-21 00:00:00
- Community
- Lakewood
- Net Operating Income
- $48,755
- Gross Adjusted Income
- $58,800
- Gross Scheduled Income
- $58,800
- Total Monthly Income
- $4,900
- Insurance Expenses
- $3,000
- Gross Rent Multiplier
- 12
- Total Expenses
- $10,045
- Cap Rate
- 6.34
- Total Number of Units
- 2
- Unit Name
- 7522
- Potential Terms
- Cash, Conventional
- Year Built
- 1989
- Roof
- Composition
- Site Features
- Patio
- Other Expenses
- 600
- Energy Source
- Electric
- School District
- Clover Park
- Total Monthly Income
- $4,900
- Gross Scheduled Income
- $58,800
- Gross Adjusted Income
- $58,800
- Tax Year
- 2025
- Insurance Expense
- $3,000
- Total Expenses
- $10,045
- Net Operating Income
- $48,755
- Gross Rent Multiplier
- 12
- Cap Rate
- 6.34
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.