photo 1: 11213 Kline Street SW, Lakewood WA 98499

Listing courtesy of Targa Real Estate Services Inc 253-815-0393

Active

11213 Kline Street SW, Lakewood WA 98499

$1,125,500

Price

-

Beds

-

Baths

-

Sq. Ft.

Prime 4-Unit Multi-Family investment with ~7% cap rate! Generating $8K in monthly rental income with stable tenants in place. This large 27k sqft lot has 2 single family homes and 1 duplex. All the units enjoy spacious interiors and large yards. The property is ideally located near major freeways, JBLM, and Lakewood Transit Station. This turnkey property offers strong cash flow and excellent investment potential in a sought-after neighborhood. Don’t miss out—properties like this move quickly!

Listing Type

Multifamily

Property Type

Duplex

Built Year

1940

Levels

--

Price/Sqft

--

Lot Size Acre

0.62

Status

Active

Days on Realoq

44

Living Area

0 Sq. Ft.

Cumulative Days on Realoq

44

Lot Size Sqft

26,920 Sq. Ft.

Location

Fireplace
  • No
Cooling Features
  • None
Heating Features
  • Baseboard, Forced Air
Flooring
  • Engineered Hardwood, Hardwood, Vinyl, Carpet
Exterior Features
  • Wood, Wood Products
Roof
  • Composition
Foundation
  • Poured Concrete
View
  • Territorial
Water Source
  • Public
Parcel Number
  • 0219122142
Agent

Peggy Kellogg

Brokerage

Targa Real Estate Services Inc

Source AOR

Pierce

Listing ID #

NWM2350146

Possession

Closing

Listings last updated on 05/10/2025 11:15 AM.

The "three tree" icon indicates listings provided by Northwest Multiple Listing Service.
The listings presented here may or may not be listed by Realoq. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing.

The "three tree" icon indicates listings provided by Northwest Multiple Listing Service.
The listings presented here may or may not be listed by Realoq. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing.

Listings are Copyright © 2025 Northwest Multiple Listing Service. All Rights Reserved.

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