9830 American Avenue SW Unit #A-D, Lakewood, WA 98498

$660,000
2,238
SqFt

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Listing courtesy of RE/MAX Northwest. Selling Office: Kronos Real Estate.

Sold Price
$660,000
List Price
$655,000
Status
SOLD
MLS#
2488266
Closing Date
Mar 27, 2026
Days on Market
3
Style
54 - 4-Plex
Building Condition
Very Good
Finished SqFt
2,238
Area Total SqFt
2238
Annual Tax Ammount
6102
Lot Size (sq ft)
10,686
Sewer
Sewer Connected

Property Description

Super clean & nicely maintained 4 Plex in quiet location near American Lake! Only units A & B are currently rented. There are two side by side duplexes, each with their own covered and non-covered parking areas. Three of the units have been extensively updated, especially the two vacant units C & D that could rent for as high as $1500 each! Unit D has views of American Lake. Units B, C & D have newer kitchens, updated bathrooms, fresh paint, newer floor coverings & more! The roof on building two is brand new in 2026! Units B and D have a newer ductless mini-split installed! all the units have separate electrical meters. All the units have a bank of windows in the main great rooms providing tons of natural lighting. The quiet location is down a private paved driveway and just two blocks from American Lake Park & playground! This is a nice property in a quiet area with units that are easily rentable!

Additional Information

List Date
2026-03-24 00:00:00
Community
American Lake
Gross Scheduled Income
$5,100
Total Monthly Income
$4,900
Insurance Expenses
$2,000
Gross Rent Multiplier
10.7
Total Expenses
$10,102
Vacancy Rate
5
Total Number of Units
4
Unit Name
9830
Potential Terms
Cash, Conventional
Year Built
1952
View
Lake
Roof
Composition
Site Features
Fenced-Partially
Other Expenses
2000
Energy Source
Electric
School District
Clover Park
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Lakes High
Total Monthly Income
$4,900
Gross Scheduled Income
$5,100
Vacancy Rate
5
Tax Year
2025
Insurance Expense
$2,000
Total Expenses
$10,102
Gross Rent Multiplier
10.7
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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