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11213 Kline Street SW

Lakewood, WA 98499
  • $998,500
  • STATUS: Active
  • MLS #: 2439007
Price Reduced
$998,500
  • 0
    BEDS
  • 0.62
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,603
    SQFT
  • $277
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1945
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Skyline Properties, Inc..
Mortgage Calculator is provided by BoomTown.

Description

Rare Fourplex in Lakewood. Turnkey investment opportunity! This unique property includes two single-family homes + one duplex on a large 0.62-acre lot. All units are modernized with updated kitchens, baths, flooring, and more. ready for strong, stable tenants. Gross rents average $8,000/month. Fully renovated & low maintenance. Minutes to JBLM, I-5, and Lakewood Transit. Rare 3-bedroom units create a high tenant demand. Plenty of yard space & parking. Whether you're an investor seeking reliable cash flow or looking to house-hack, this property checks all the boxes. Solid cap rate, prime location, and future upside potential!Don't miss this oneschedule your showing today!

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IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Spokane are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-11-11T00:14:28.463. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-11-11T00:14:28.463. 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.
www.communityrealestategroup.com/homes/168419708
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11213 Kline Street SW Lakewood, WA 98499

  • Price: $998,500
  • Status: Active
  • On Site: Days
  • MLS #: 2439007
0
Beds
0
Baths
0
½ Baths
0.62
Acres
3,603
SQFT
$277
$/SQFT
1945
Built
Neighborhood:
Lakewood
County:
Pierce
Area:
Lakewood
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify
School District:
Lakewood
Property Description
Rare Fourplex in Lakewood. Turnkey investment opportunity! This unique property includes two single-family homes + one duplex on a large 0.62-acre lot. All units are modernized with updated kitchens, baths, flooring, and more. ready for strong, stable tenants. Gross rents average $8,000/month. Fully renovated & low maintenance. Minutes to JBLM, I-5, and Lakewood Transit. Rare 3-bedroom units create a high tenant demand. Plenty of yard space & parking. Whether you're an investor seeking reliable cash flow or looking to house-hack, this property checks all the boxes. Solid cap rate, prime location, and future upside potential!Don't miss this oneschedule your showing today!
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 1 Exterior Features WoodWood Products Lot Features Paved Open Parking Spaces 8 Open Parking YN Yes Parking Total 8 Parking Uncovered Spaces 8 Roof Composition Structure Type Quadruplex Style Code 54 - 4-Plex View Territorial View YN Yes Waterfront YN No

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 3603 Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring VinylVinyl PlankCarpet Heating BaseboardForced Air Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association Fee 0 Association YN No Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventionalFHAVA Loan Net Operating Income 80005 New Construction YN No Possession Closing Possible Use Multi-Family Power Company PSE Power Production Type Electric Property Condition Good Property Sub Type Multi Family Senior Community YN No Sewer Sewer Connected Sewer Company Pierce County Site Features Cable TVHigh Speed Internet Special Listing Conditions None Tax Annual Amount 7885 Tax Year 2025 Units In Building Total 4 Water Company Lakewood Water Source Public Year Built Effective 1999 Zoning Description Multi-Family Zoning Jurisdiction City



IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Spokane are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-11-11T00:14:28.463. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-11-11T00:14:28.463. 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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Keller Williams Spokane
6515 W Clearwater, Ste 224
Kennewick WA, 99336
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Skyline Properties, Inc..
Mortgage Calculator is provided by BoomTown.