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About the Listing 5813 - 93621
Fantastic Investor Opportunity. Two separate houses and 10 rented garage units bring an almost 6% cap rate. New roof on the garages. New flooring, carpet and paint in both units. New appliances, windows and electrical wiring in the cottage unit. Completely rented out, refreshed and ready to be acquired. The main house boasts enormous rooms, a large kitchen and a separate kitchen in the basement. The cottage is filled with light, and fully updated yet maintains its mid century charm. Add in the garage units, a sturdy brick building with ten separate stalls, new roof last year, all fully rented out. JBLM minutes away, making this a popular tenant location. Photos limited due to tenant occupancy and respect for privacy. $120K in renovations.
Listing Highlights for 8314 Spruce St SW
Status
Active
Days on Site
159
Property Type
Multi-Family
MLS ®
2352914
Year Built
1952
Total Square Footage
4,551
Lot/Acreage
0.53
County
Pierce
Neighborhood
Tillicum
School District
Clover Park
Elementary School
Tillicum Elementary
Middle School
Woodbrook Middle
High School
Clover Park High
Interior Details
- Bedrooms: 4
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Ceramic Tile,Vinyl Plank,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Lakewood Water
Exterior Details
- Lot Description: Corner Lot,Dead End Street,Paved,Sidewalk,Cable TV,Fenced-Partially,Gas Available,High Speed Internet,Outbuildings,RV Parking,Sprinkler System
- Garage Capacity: N/A
- Parking Spaces: 16
- Roof: Composition,Torch Down
- Others: Brick
- Sewer: Pierce County
- Parking Features: RV Parking
Financial Details
- Tax Amount: $10,667
- Taxes w/Assessments: N/A
- Tax/Property ID: 2200002412
- Tax Year: 2025
Payment Calculator
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Listing Location
Questions About..
8314 Spruce St SW Lakewood, WA 98498
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