8601 8603 Maple St SW

Lakewood, WA 98498
  • $599,900

    Price
  • 4

    Bed
  • 2

    Bath
  • 2,352

    SqFt

About the Listing 6652 - 72480

Craftsman-style duplex offering flexibility for investors or owner-occupants. The main level unit features 2 bedrooms, 1 bath, original fir/softwood floors, and vinyl flooring in the kitchen, bath, and laundry areas. The lower unit also offers 2 bedrooms and 1 bath with laminate and vinyl flooring throughout. Both units will be vacant, creating an opportunity for market rents or owner occupancy. The lower unit recently rented for $1,900 per month, and projected rents of approximately $1,800 per unit may provide an estimated 6% cap rate. Both unites received interior renovations, and the upper 2 bedroom unit has remained vacant since renovations were done. Property was inspected and passed the Lakewood Rental House Safety Program (RHSP). The property is served by a functioning septic system currently rated for three bedrooms, with sewer available in the street for future connection. Pierce County sewer charges are included on the utility bill and passed through to tenants along with utilities. The furnace and water heater are shared and located in the basement. The large lot offers ample off-street parking plus street parking. A detached garage/storage building provides additional potential and may benefit from repairs or improvements. Conveniently located near I-5, JBLM, schools, and Tillicum amenities, with larger shopping and grocery options just minutes away in Lakewood. Ideal for investors, rental income, or living in one unit while renting the other.

Listing Highlights

Status Active
Days on Site 23
Property Type Multi-Family
MLS ® 2544520
Year Built 1922
Total Square Footage 2,352
Lot/Acreage 0.31
County Pierce
Neighborhood Tillicum
School District Clover Park

Interior Details

  • Bedrooms: 4
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces: 0
  • Floor: Laminate,Softwood,Vinyl
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Lakewood Water

Exterior Details

  • Lot Description: Corner Lot,Paved,Sidewalk,Cable TV,Fenced-Partially,Gas Available,High Speed Internet,Zoning: Residential
  • Garage Capacity: N/A
  • Parking Spaces: 6
  • Zoning: Residential
  • Roof: Composition
  • Others: Wood,Wood Products,Average
  • Sewer: Septic

Financial Details

  • Tax Amount: $5,011
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 2200003700
  • Tax Year: 2026

Payment Calculator

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8601 8603 Maple St SW Lakewood, WA 98498

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Originating MLS: nwmls

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Adam Wenzel

| Wenzel Homes | Fathom Realty

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