2604 92nd Street S A/B

Lakewood, WA 98499
  • $580,000

    Price
  • 5

    Bed
  • 2

    Bath
  • 2,240

    SqFt

About the Listing 6652 - 72480

Opportunity awaits with this well-located Lakewood duplex offering flexibility for both investors and owner-occupants. The vacant upper unit features approximately 1,284 square feet with 3 bedrooms and 1.75 bathrooms and is move-in ready, making it ideal for an owner occupant or for immediate rental income. The lower unit offers 2 bedrooms and 1 bathroom and is currently tenant occupied, providing existing income from day one. Each unit includes its own one-car garage, laundry hookups, washer and dryer, and ample onsite parking. The interiors of both unites were renovated, and the upper 3 bedroom unit has remained vacant since renovations were done. Property was inspected and passed the Lakewood Rental House Safety Program (RHSP). Tenants pay their own utilities, helping keep operating expenses low. With reasonable market rents on the upper unit, the property offers a projected 5.5% cap rate. Conveniently located near shopping, schools, major freeways, and JBLM, this duplex presents an excellent opportunity to add to your investment portfolio or offset your housing costs by living in the spacious upper unit while generating income from the lower level.

Listing Highlights

Status Active
Days on Site 23
Property Type Multi-Family
MLS ® 2544523
Year Built 1970
Total Square Footage 2,240
Lot/Acreage 0.29
County Pierce
Neighborhood Lakeview
School District Clover Park

Interior Details

  • Bedrooms: 5
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating: Baseboard,Wall Furnace
  • Fireplaces: 0
  • Floor: Vinyl,Vinyl Plank
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Lakewood Water

Exterior Details

  • Lot Description: Dead End Street,Paved,Zoning: Residential
  • Garage Capacity: 2 car
  • Parking Spaces: 5
  • Zoning: Residential
  • Roof: Composition
  • Others: Wood,Wood Products,Average
  • Sewer: Pierce County Sewer

Financial Details

  • Tax Amount: $5,807
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 0320314068
  • Tax Year: 2026

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

2604 92nd Street S A/B Lakewood, WA 98499

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: nwmls

Agent profile image in chat bubble
Agent profile image in chat header

Adam Wenzel

| Wenzel Homes | Fathom Realty

Agent profile image in message

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way