12403 -12405 Edgewood AVE SW, Lakewood, WA 98498
12403 -12405 Edgewood AVE SW, Lakewood, WA 98498
12403 -12405 Edgewood AVE SW, Lakewood, WA 98498
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Vic Jones

Vic Jones

+1(253) 223-4103
Listed by:RealTrust Properties • Uma D Chand
$699,000
Est. payment /mo
6 Beds
3 Baths
2,496 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,496 sqft

Price per Sqft $280

Subdivision Lakewood

MLS Listing ID 2591137

Style 52 - Duplex

Bedrooms 6

Year Built 1957

Annual Tax Amount $475

Lot Size 6,600 Sqft

Property Sub-Type Multi Family

Property Description

Seller Credit 10k !!! Live in one, rent the other, or keep both as rentals. This updated Lakewood Duplex offers two side-by side homes. Each has its own attached 1 car garage and its own private, fully fenced backyard. Both units were renovated in 2026, with more than 125k invested to meet City of Lakewood rental housing standards. The work includes new furnace, updated plumbing and electrical, remodeled bathrooms, new floorings and appliances. It also covers new basement windows, a new , fresh interior and exterior paint, smoke and CO detectors, and cleaned roof gutters. The City of Lakewood completed building mechanical, electrical and rental inspections in 2026. Unit 12403: 2 bedrooms plus a lower- level bonus room, 1 bath, a bright galley kitchen with eat -in-dining, two family a wood burning fireplace. Rents for $2,500/month. Unit 12405: 2 bedrooms plus a lower-level bonus room, 1.75 baths, a galley kitchen with eat-in-dining, two family rooms and a wood burning fireplace. Leased at $2,300/mo. through May 2027. Tenants pay utilities. Owner-occupants can use the second unit's rent to help offset the mortgage. The lot is 6600sq.ft, minutes from American Lake, local parks. The property is tenant-occupied, so buyers should verify showing time with the listing broker. Please do not disturb tenants.

Location

State WA

County Pierce

Area 38 - Lakewood

Interior

Flooring Hardwood

Fireplace false

Exterior

Exterior Feature Wood, Wood Products

Garage Spaces 2.0

Amenities Available Deck, Fenced-Fully, Gas Available, High Speed Internet, Patio

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Cul-De-Sac, Paved

Sewer Sewer Connected

Water Community

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Clover Park

Others

Senior Community No

Acceptable Financing Conventional, FHA, USDA Loan, VA Loan

Listing Terms Conventional, FHA, USDA Loan, VA Loan

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Vic Jones

Vic Jones

+1(253) 223-4103

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