Two units, one smart investment, welcome to your next cash-flowing property in Lakewood! This well-maintained 2,360 sq ft duplex at 5907-5909 111th St Sw offers endless potential for investors, multi-generational living, or owner-occupants looking to offset their mortgage. Each spacious unit features 2 large bedrooms, 1.5 bathrooms, and a bright, inviting living room centered around a cozy fireplace. The layout boasts a large kitchen space with ample storage, plus a separate laundry room and half-bath on the main floor. Upstairs, you'll find two generously sized bedrooms and a full bathroom, providing comfortable separation of space. Situated on a large 8,316 sq ft lot, the property includes a fully fenced yard, newly replaced water heaters, updated bathroom (5909), new carpet, a patio, and abundant parking with up to 8 spaces (including carports). Well maintained to ensure it's move-in ready. In a prime location situated in the desirable Lakeview neighborhood, this duplex is just minutes from Joint Base Lewis-McChord (JBLM), making it a highly sought-after rental. Enjoy walking distance to Clover Park High School, local parks, and the Lakewood Towne Center. Commuting is a breeze with quick access to I-5 and Bridgeport Way. Whether you're looking to live in one unit and rent the other, accommodate extended living, or add a solid cash-flowing asset to your portfolio, this duplex delivers. Don't miss out on this rare Lakewood property!
| MLS # | 2503329 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1958 |
| Days On Site | 150 |
| Listing Provided By | Keller Williams West Sound | Peter Bradrick |
| SQ Feet | 2,360 |
|---|---|
| Car Port | Yes |
| Story(s) | 2 |
| Units | 2 |
| Zoning | Multi-Family |
| Acreage | 0.19 |
| Property View | Yes |
| Property | 5216 |
|---|
| State | WA |
|---|---|
| County | Pierce |
| City | Lakewood |
| Zip Code | 98499 |
| Area | 36 Lakewood |
| Community Name | Lakewood |
| School District | Buyer To Verify |
| Elementary School | Buyer To Verify |
| High School | Buyer To Verify |
| Listing VS Median (in Lakewood) | |
Price: $565,000 low | high Med: $572,500 sqft: 2,360 low | high Med: 1,929 $ / sqft: $239 low | high Med: $299 On site: 150 low | high Med: 12 | |
| State | WA |
|---|---|
| County | Pierce |
| City | Lakewood |
| Zip Code | 98499 |
| Area | 36 Lakewood |
| Community Name | Lakewood |
| School District | Buyer To Verify |
| Elementary School | Buyer To Verify |
| High School | Buyer To Verify |
| Listing VS Median (in Lakewood) | |
Price: $565,000 low | high Med: $572,500 sqft: 2,360 low | high Med: 1,929 $ / sqft: $239 low | high Med: $299 On site: 150 low | high Med: 12 | |